GDEV - Pre MBA Associate (Credit)

Greenbacker Capital•New York, NY

8d•$135,000 - $160,000•Onsite

About The Position

GDEV makes private equity and private credit investments in middle-market sustainable infrastructure businesses. The GDEV team leverages deep experience in project development, structured finance, and operations to identify top-tier management teams and help them navigate periods of significant growth and change. GDEV manages nearly half a billion dollars and has invested in over a dozen high growth companies. GDEV’s investments include a wide range of sustainable infrastructure and renewable energy technologies, with a focus on distributed energy resources (DERs). Our sector expertise includes solar power, battery storage, hydroelectric generation, energy efficiency, electrified transport, and sustainable fuels. As GDEV expands its credit capabilities, the firm is seeking an Associate to help originate, underwrite, execute, and manage credit investments across corporate, asset-backed, and structured financing solutions. GDEV seeks to hire a Pre-MBA Private Credit Associate to join its investment team in New York City. The role offers exposure to all facets of the investment process, including sourcing, structuring, due diligence, financial analysis, and legal documentation. The Associate will work closely with senior investment professionals to evaluate risk-adjusted lending opportunities and develop tailored financing solutions. The role is highly execution oriented and provides meaningful responsibility in a lean, entrepreneurial environment with opportunities to grow into a senior investing role.

Requirements

Bachelor’s degree from a top-tier accredited four-year college or university
2–4 years’ experience in private credit, private equity, investment banking, infrastructure investing, renewable energy development, project finance, or other relevant lending roles
Industry experience in real assets / industrials, with preference for expertise specifically in power and renewable energy
Advanced Excel knowledge and ability to build and understand complex financial models
Proficiency reviewing and understanding legal contracts
Sound judgment: ability to assess risk-adjusted returns, synthesize complex information, and make investment recommendations, often with incomplete data
Strong written and verbal communication: ability to distill complex financial and operational analysis into clear, compelling investment narratives for senior stakeholders
Intellectual curiosity and entrepreneurial drive: passion for the energy transition and a builder’s mentality suited to a fast-growing platform

Responsibilities

Evaluate new credit investment opportunities across the sustainable infrastructure and energy transition landscape, including corporate loans, warehouse facilities, preferred equity, and other structured capital solutions
Build and maintain detailed financial models to assess downside protection, leverage capacity, covenant compliance, and expected returns
Conduct credit underwriting, including analysis of business plans, contractual cash flows, collateral packages, capital structures, and sponsor support
Coordinate diligence processes with third parties including legal counsel, technical advisors, lenders, tax equity providers, and consultants
Prepare screening materials, investment memoranda, and portfolio monitoring updates for senior management and investment committees
Assist in structuring transaction terms, negotiating credit agreements, and managing deal execution timelines from initial evaluation through closing
Monitor existing credit investments, track performance against underwriting assumptions, and proactively identify potential risks
Maintain valuation models and support quarterly portfolio reporting and internal analytics