Senior Manager, Alternative Investment Lending Analyst

Charles Schwab Inc. • Lone Tree, CO

3d • $90,000 - $160,000 • Hybrid

About The Position

This role offers a unique opportunity to work at the intersection of alternative investments, credit risk, and high‑net‑worth lending, supporting the growth of innovative lending solutions. We are seeking an Alternative Investment Lending Analyst to support the underwriting, collateral review, and ongoing risk assessment of loans secured by non‑traditional and illiquid assets. This role will focus on evaluating alternative investment collateral—including private company stock, alternative investment funds, and structured notes—and supporting credit decisions for high‑net‑worth borrowers. The analyst will work closely with credit, risk, legal, and product partners to assess collateral eligibility, inform advance rates, and support the development of scalable underwriting and monitoring frameworks for alternative asset‑backed lending programs.

Requirements

• 5+ years of experience in one or more of the following: Alternative investment analysis (PE, private credit, real assets, hedge funds); Credit underwriting or risk management; Wealth management, private banking, or HNW lending
• Hands‑on experience reviewing alternative investment structures and documentation
• Familiarity with lending to high‑net‑worth borrowers and assessing borrower financial strength
• Strong understanding of: Alternative asset liquidity, valuation, and risk characteristics; Credit fundamentals and underwriting principles
• Ability to synthesize complex legal and financial documents into clear risk assessments
• Strong written and verbal communication skills, particularly for credit memos and stakeholder discussions
• Detail‑oriented with sound judgment in evaluating non‑standard risks
• Exposure to collateralized lending or asset‑backed credit

Nice To Haves

• CFA designation or progress toward CFA (a plus, not required)

Responsibilities

• Analyze and assess alternative investment collateral, including: Private equity, private credit, real estate, and other alternative investment funds; Structured notes and other complex structured products; Private, restricted, or closely‑held stock
• Review offering documents (e.g., PPMs, subscription agreements, indentures) to evaluate: Asset structure, liquidity, leverage, and valuation methodology; Transfer restrictions, pledgeability, and control considerations; Sponsor quality and governance features
• Provide written credit analysis on alternative investment collateral
• Support underwriting of high‑net‑worth borrowers, including analysis of: Borrower liquidity, net worth, and repayment capacity; Concentration risk and portfolio diversification
• Assist in determining appropriate advance rates and risk mitigants based on: Asset volatility and liquidity; Borrower strength and overall collateral mix
• Support post‑origination monitoring of alternative collateral, including: Periodic valuation reviews; Sponsor or structure changes; Concentration and exposure tracking

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed