Demo

Private Credit Associate, Direct Lending

Alexander Chapman
Chicago, IL Full Time
POSTED ON 6/5/2026
AVAILABLE BEFORE 7/4/2026

A leading alternative investment firm is looking to add an Associate to its Private Credit team in Chicago. The team focuses on direct lending and opportunistic credit investments across lower middle market and middle market companies in a variety of sectors.

This role offers the opportunity to work closely with senior investment professionals across the full investment lifecycle, including underwriting, execution, portfolio management, and monitoring. The team is specifically seeking candidates coming from the buyside with prior direct lending experience.


Responsibilities:

  • Evaluate and execute direct lending and structured credit investment opportunities
  • Perform detailed financial analysis, underwriting, and credit modeling
  • Conduct due diligence and assess company performance, industry dynamics, and downside protection
  • Assist in structuring debt investments and negotiating transaction terms
  • Monitor existing portfolio investments and prepare investment committee materials
  • Work closely with management teams, sponsors, and external advisors throughout the deal process


Qualifications:

  • 1–4 years of relevant experience within private credit, direct lending, private debt, or leveraged finance
  • Prior buyside experience required
  • Strong understanding of credit underwriting and capital structures
  • Advanced financial modeling and analytical capabilities
  • Ability to operate in a fast-paced, deal-oriented environment
  • Strong communication and presentation skills

Salary.com Estimation for Private Credit Associate, Direct Lending in Chicago, IL
$73,824 to $91,122
If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

What is the career path for a Private Credit Associate, Direct Lending?

Sign up to receive alerts about other jobs on the Private Credit Associate, Direct Lending career path by checking the boxes next to the positions that interest you.
Income Estimation: 
$74,832 - $90,893
Income Estimation: 
$86,835 - $106,101
Income Estimation: 
$65,044 - $88,745
Income Estimation: 
$81,115 - $111,302
Income Estimation: 
$168,173 - $306,433
Employees: Get a Salary Increase
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Job openings at Alexander Chapman

  • Alexander Chapman Tampa, FL
  • A lower middle market private equity firm is looking to add a Junior Associate to its investment team. The role offers broad exposure across the full deal ... more
  • 2 Days Ago

  • Alexander Chapman Houston, TX
  • We’re currently partnered with a leading lower middle-market private equity platform seeking to add an Associate to its investment team. The firm manages o... more
  • 2 Days Ago

  • Alexander Chapman Austin, TX
  • A leading growth-oriented private equity firm is seeking a Private Equity Associate to join its investment team in Austin. The firm focuses on investments ... more
  • 2 Days Ago

  • Alexander Chapman Dallas, TX
  • I’m partnering with a leading real estate investment platform to identify a senior Asset Management professional for an exceptional opportunity based in Da... more
  • 2 Days Ago


Not the job you're looking for? Here are some other Private Credit Associate, Direct Lending jobs in the Chicago, IL area that may be a better fit.

  • Direct Counsel Chicago, IL
  • Private Wealth / Estate Planning Associate (3 Years) – Chicago, IL | Hybrid Company: Direct Counsel represents a reputable law firm Job Type: Full-Time | H... more
  • 2 Months Ago

  • Connect Search, LLC Chicago, IL
  • Key Responsibilities Engage in all aspects of due diligence and business analysis to develop and refine investment theses Modeling, valuation, and structur... more
  • 8 Days Ago

AI Assistant is available now!

Feel free to start your new journey!