Asset and Wealth Management - Private Credit Associate - Associate

JPMorgan Chase & Co. • New York, NY

9h • $150,000 - $224,000

About The Position

The Private Credit Solutions team within Global Alternative Investment Solutions is a long-tenured, multi-manager platform with nearly $50 billion of capital committed, 24 investment professionals, more than 150 general partner relationships, and over 80 limited partner investments since inception. The platform has more than 18 years of dedicated private credit investing experience.

As an Associate, you will help source, underwrite, and monitor third-party funds, with additional exposure to secondary fund commitments and co-investments. You will contribute throughout the investment lifecycle, from sourcing and diligence through investment committee approval and ongoing portfolio monitoring. The role involves partnering with senior investment professionals and global external counterparties, and offers meaningful responsibility and frequent interaction with fund managers and intermediaries. You will develop a differentiated perspective on private credit strategies, market cycles, and relative value.

J.P. Morgan Asset & Wealth Management provides investment management and private banking solutions. Asset Management offers strategies and expertise across asset classes through a global network of investment professionals, while Wealth Management serves individuals, families, and foundations.

Requirements

• Bachelor’s degree in Finance, Economics, Accounting, Business, or a related field.
• At least 3 years of relevant experience, such as private investment due diligence, direct lending, private credit investing, leveraged finance, financial sponsors, M&A, or related investing.
• Strong financial modeling, valuation, and underwriting skills, including the ability to assess credit risk and analyze complex transactions with sound judgment.
• Experience preparing investment committee materials and conducting investment due diligence.
• Excellent written and verbal communication skills, with the ability to present structured, defensible conclusions.
• Strong attention to detail, organization, and prioritization in a fast-paced environment, along with a collaborative, high-ownership mindset.

Nice To Haves

• Direct experience sourcing, evaluating, and underwriting primary investments in third-party funds.
• Knowledge of private credit fund structures and portfolio valuation methodologies.
• A master’s degree or relevant professional certification, such as the CFA, or progress toward the CFA.

Responsibilities

• Map the market, source, and evaluate opportunities across credit strategies and vehicle types.
• Underwrite and conduct due diligence on funds, managers, historical performance, and underlying exposures; synthesize findings into investment views and recommendations.
• Implement and develop analytical models to assess and decompose return attribution, build return bridges, and analyze cash flows.
• Prepare and own investment committee and stakeholder materials, including memoranda, underwriting decks, and recurring portfolio reviews.
• Monitor portfolio performance against underwriting cases; identify variance drivers, emerging risks, and opportunities to optimize outcomes.
• Track trends, macroeconomic conditions, and strategy performance across US and global private credit markets, translating research into insights for the team.
• Collaborate with colleagues in New York, London, and India on team-wide initiatives and knowledge sharing.

Benefits

• Competitive total rewards package, including base salary determined by role, experience, skill set, and location.
• Eligible roles may receive commission-based pay and/or discretionary incentive compensation in cash and/or forfeitable equity.
• Comprehensive health care coverage.
• On-site health and wellness centers.
• Retirement savings plan.
• Backup childcare.
• Tuition reimbursement.
• Mental health support.
• Financial coaching.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level