The board
Job
Associate, Private Debt
Audax Group · Origination - New York City - Private Debt Origination
- Where
- New York, NY
- Posted
- Jul 17
The Associate will serve as an integral member of the Audax Private Debt investment team, supporting the underwriting of new first lien senior secured loan investments and the ongoing monitoring of portfolio companies across Audax Private Debt portfolios. This role offers broad exposure to the entire investment lifecycle, including transaction evaluation, due diligence, financial modeling, deal execution, portfolio management, and investment committee processes.
This position provides a unique opportunity to join a highly collaborative and entrepreneurial team while developing expertise across credit investing, financial analysis, industry research, risk assessment, debt financing, and portfolio management.
What you'd do
- Analyze and evaluate investment opportunities supporting sponsor-backed leveraged buyout transactions.
- Conduct detailed industry, market, customer, and competitive analyses to assess investment opportunities.
- Build, review, and maintain complex financial models, including forecasting, leverage, liquidity, and downside analyses.
- Evaluate alternative capital structures and investment terms to determine appropriate risk-adjusted returns.
- Participate in all stages of transaction execution from initial screening through closing.
- Prepare investment memoranda, presentations, and supporting materials for investment committee review.
- Clearly communicate investment recommendations and credit views through written analyses and verbal presentations.
- Monitor a portfolio of existing investments, including financial performance, compliance, ratings activity, amendments, waivers, and market developments.
- Analyze amendment requests, refinancing opportunities, add-on investments, and secondary market opportunities.
- Monitor industry trends and market developments that could affect portfolio performance.
What they want
- Bachelor’s degree required.
- 2 - 4 years of experience in investment banking, direct lending, private credit, structured credit, leveraged finance, or a related field.
- Experience developing and utilizing detailed financial models.
- LBO/ sponsor transaction exposure
- Experience analyzing leveraged transactions and corporate credit risk preferred.
- Experience with credit committee exposure and investment memo preparation preferred.
- Strong analytical, quantitative, and problem-solving skills.
- Ability to assess the credit quality and risk profile of potential investments.
- Excellent written and verbal communication skills, including presentation experience.
- Strong work ethic and demonstrated desire to learn and develop professionally.