Senior Vice President, Head of Private Credit & Co-Head of Alternatives

Everest Group•Warren, NJ

6d•Hybrid

About The Position

Everest is seeking an accomplished investment executive to serve as Senior Vice President, Head of Private Credit and Co-Head of Alternatives. This senior leadership role is responsible for the strategic direction, portfolio construction, manager selection, risk oversight, and performance of Everest's private credit platform while partnering with the Head of Private Equity and Real Assets to oversee the broader Alternatives portfolio. The successful candidate will lead the continued evolution of Everest's private credit portfolio, which includes direct lending, asset-based finance, opportunistic credit, private placements, structured credit, and other alternative credit strategies. The role requires balancing risk-adjusted return opportunities with capital efficiency, liquidity management, rating agency considerations, and regulatory requirements. Everest's current private credit portfolio represents a meaningful allocation of invested assets, with exposure across investment-grade private credit, asset-backed finance, and non-investment-grade private lending strategies managed through institutional investment structures and partnerships. As a member of the Investment Leadership Team, this executive will help shape strategic asset allocation, investment policy, risk management frameworks, and long-term capital deployment decisions across the firm's global investment portfolio.

Requirements

10+ years of institutional investment experience.
8+ years of direct experience in credit investing and oversight, with a material portion of time in private credit markets.
Demonstrated experience managing large institutional portfolios and external investment managers.
Experience working with insurance company balance sheets, asset-liability management, and regulatory frameworks.
Proven ability to evaluate complex credit structures and illiquid investments.
Leadership experience managing investment professionals and building teams.
Bachelor's degree required.

Nice To Haves

MBA, CFA, CAIA, or other advanced investment credential preferred.

Responsibilities

Develop and execute Everest's private credit investment strategy across all credit segments.
Lead portfolio construction, manager selection, sizing decisions, and portfolio monitoring activities.
Identify and evaluate new investment opportunities across: Direct Lending, Asset-Based Finance (ABF), Opportunistic Credit, Structured Credit, Infrastructure Credit, Private Placements.
Drive portfolio optimization efforts to enhance risk-adjusted returns and capital efficiency.
Oversee due diligence and underwriting of external managers and investment vehicles.
Monitor portfolio performance, credit quality, covenant trends, defaults, recoveries, and market conditions.
Advise on portfolio guidelines, concentration limits, and monitoring frameworks.
Serve as Co-Head of Alternatives alongside the Head of Private Equity and Real Assets.
Help determine strategic allocations across private equity, private credit, real assets, secondaries, and opportunistic investments.
Assess alternative investment opportunities within the context of enterprise capital, liquidity, and risk objectives.
Collaborate on strategic asset allocation studies and portfolio construction initiatives.
Contribute to the management of unfunded commitments, cash flow forecasting, and liquidity planning.
Partner closely with Enterprise Risk Management and Finance teams.
Evaluate investments through the lens of: Risk-adjusted return, Economic capital usage, Rating agency capital models, Regulatory capital considerations, Liquidity implications.
Develop portfolio stress testing and scenario analysis frameworks.
Identify emerging risks and implement appropriate mitigation strategies.
Monitor evolving rating agency and regulatory developments affecting alternative assets.
Ensure compliance with investment guidelines, regulatory requirements, and governance standards.
Build and maintain relationships with leading private credit managers, sponsors, consultants, banks, and industry participants.
Represent Everest in negotiations with managers and strategic partners.
Attend industry conferences and maintain awareness of evolving market opportunities and competitive trends.
Establish Everest as a respected institutional investor within the private credit marketplace.
Lead, mentor, and develop a high-performing private credit investment team.
Foster a culture of accountability, collaboration, intellectual rigor, and continuous improvement.
Drive recruiting, retention, and succession planning efforts.
Promote cross-functional collaboration across Investments, Risk, Finance, and Corporate Development.