Discover your dream Career
For Recruiters

Asset Management - Private Credit Secondaries - Associate

JPMorgan Chase & Co. New York, United States
Posted 4 days ago Permanent New York,NY $150,000.00-$224,000.00

Asset Management - Private Credit Secondaries - Associate

JPMorgan Chase & Co. New York, United States
Asset Management - Private Credit Secondaries - Associate
Job Description

With over $200 billion of client capital invested across hedge funds, private equity, private credit, real estate, and direct investments/co-investments, the Global Alternatives Investment Solutions team delivers a "best in class" platform for sourcing and accessing differentiated alternative investment opportunities for institutional, private banking, and wealth management clients.

Within Global Alternative Investment Solutions ("GAIS"), Private Credit Solutions is a long-tenured, multi-manager platform with $47bn of capital committed , 24 investment professionals , and deep connectivity across the private credit ecosystem, including 150+ GP relationships and 80+ LP investments since inception , reflecting 18+ years of dedicated private credit investing.

Job Summary

As an Associate on the Private Credit Solutions team, you will play a key role in originating, underwriting, and executing private credit secondary investments, with additional exposure to primary fund commitments and co-investments. You will contribute across the full investment lifecycle, from sourcing and diligence through investment committee ("IC") approval, closing execution, and ongoing portfolio monitoring, while partnering directly with senior investment professionals and external counterparties globally.

This role offers meaningful responsibility, frequent interaction with fund managers and intermediaries, and the opportunity to develop a differentiated view across private credit strategies, market cycles, and relative value.

Key Responsibilities
  • Source and evaluate opportunities across LP-led and GP-led private credit secondary transactions; maintain an active pipeline and proactively screen new ideas.
  • Drive underwriting and diligence on funds, loan portfolios, managers, and underlying exposures; synthesize findings into clear investment views and actionable recommendations.
  • Build and refine financial models to assess expected returns, downside protection, key sensitivities, and risk-adjusted attractiveness.
  • Own IC and stakeholder materials including IC memoranda, underwriting decks, and recurring portfolio reviews with robust projections and well-supported assumptions.
  • Coordinate end-to-end execution by managing diligence workstreams and interfacing sponsors, intermediaries, fund managers, legal advisors, and internal partners through closing.
  • Monitor portfolio performance versus underwriting case; identify drivers of variance, emerging risks, and opportunities to optimize outcomes.
  • Develop market perspective by tracking trends, macro conditions, and strategy performance across US and global private credit markets; translate research into insights for the team.
  • Collaborate globally with colleagues across New York, London, and India to support team-wide initiatives and knowledge sharing.

Required Qualifications, Capabilities, and Skills
  • Bachelor's degree in Finance, Economics, Accounting, Business, or related field.
  • 3+ years of relevant experience (e.g., private credit secondaries, direct lending, private credit investing, leveraged finance, financial sponsors, M&A, or related investing).
  • Strong financial modeling, valuation, and underwriting skillset; ability to assess credit risk and analyze complex transactions with sound judgment.
  • Experience producing investment committee materials and performing investment due diligence.
  • Excellent written and verbal communication skills; ability to present structured, defensible conclusions.
  • Strong attention to detail, organization, and prioritization in a fast-paced environment; collaborative, high-ownership mindset.

Preferred Qualifications, Capabilities, and Skills
  • Direct experience evaluating, underwriting, and/or executing private credit secondary transactions.
  • Knowledge of private credit fund structures, portfolio valuation methodologies, and secondary transaction dynamics.
  • A Master's degree or relevant professional certification (e.g., CFA) or progress towards CFA is a plus.

About Us

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

About the Team

J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.
Job ID  300092902939902
More Jobs From JPMorgan Chase & Co.
JPMorgan Chase & Co.
Asset Management - Equity Research Associate Insurance & Private Markets - Associate
JPMorgan Chase & Co.
New York, United States
24 days ago Full time $150k - $224k
JPMorgan Chase & Co.
Asset Management - RFP US Equity Writer - Associate
JPMorgan Chase & Co.
New York, United States
17 days ago Full time $90k - $140k
JPMorgan Chase & Co.
Asset Management, ETF Product, Associate
JPMorgan Chase & Co.
London, United Kingdom
7 days ago Full time Competitive
JPMorgan Chase & Co.
Risk Management - Credit Officer - Associate
JPMorgan Chase & Co.
Chicago, United States
10 hours ago Full time $77k - $115k
JPMorgan Chase & Co.
Collateral Management - Credit Portfolio Group - Trader - Associate
JPMorgan Chase & Co.
London, United Kingdom
15 days ago Full time Competitive
JPMorgan Chase & Co.
Risk Management - Commercial & Investment Bank Credit Risk Hedge Funds Associate
JPMorgan Chase & Co.
Plano, United States
21 days ago Full time Competitive
JPMorgan Chase & Co.
Asset & Liability Management (ALM) Risk - Senior Associate/Vice President, Paris
JPMorgan Chase & Co.
Paris, France
1 month ago Full time Competitive
JPMorgan Chase & Co.
Risk Management-Portfolio Management Problem Credits-Credit Officer- Associate
JPMorgan Chase & Co.
Irvine, United States
21 days ago Full time $77k - $115k
JPMorgan Chase & Co.
Asset Management, Institutional Strategy & Analytics, Quant, Associate, London
JPMorgan Chase & Co.
London, United Kingdom
1 month ago Full time Competitive
JPMorgan Chase & Co.
Risk Management - Credit Officer Portfolio Management - Senior Associate
JPMorgan Chase & Co.
Plano, United States
1 month ago Full time Competitive

Boost your career

Find thousands of job opportunities by signing up to eFinancialCareers today.
More Jobs Like This
Selby Jennings
Private Credit Secondaries - Analyst/Senior Analyst
Selby Jennings
Manhattan, United States
Selby Jennings
Analyst/Senior Analyst - Private Credit Secondaries
Selby Jennings
Manhattan, United States
Private Markets Secondary Data Associate
Neuberger Berman Group LLC
New York, United States
Analyst/Associate, Credit & Multi-Asset Solutions, Fundraise Management
Brookfield Asset Management, Inc.
New York, United States