VP | Director

Vice President | Director

Private Credit (Underwriting, Portfolio Management & Workouts)

Location: Boston, MA

Reports To: Head of Underwriting & Portfolio

Position Overview

The VP | Director will play a key role across underwriting, portfolio management, and workout/restructuring activities within the firm’s private credit platform. The ideal candidate brings strong experience in corporate secured lending – cash flow or/and asset-based lending. The VP | Director will drive rigorous deal analysis, disciplined portfolio oversight, and support capital preservation and recovery strategies across performing and non-performing assets. The role requires strong analytical abilities, credit

judgment, and effective coordination with senior leadership and cross-functional teams.

Key Responsibilities

Underwriting & Execution

• Lead underwriting workstreams and conduct detailed credit due diligence for new investment opportunities.
• Evaluate company fundamentals, cash flow drivers, leverage capacity, collateral coverage, and downside risks.
• Build and review financial models, and sensitize projections.
• Work with legal counsel on credit agreements, collateral documentation, and intercreditor arrangements.
• Prepare and present underwriting materials and investment committee memoranda, articulating thesis, risks, structural protections, and expected returns.

Portfolio & Risk Management

• Manage an assigned portfolio of credit investments, monitoring borrower performance, covenant compliance, and collateral trends.
• Maintain and update internal credit ratings, watchlists, and key performance metrics.
• Participate in periodic portfolio reviews and contribute to internal valuations and investor reporting.
• Identify early warning signals and collaborate with senior team members to implement proactive risk-mitigation strategies.

Workouts, Restructurings & Special Situations

• Support workout, restructuring, and recovery strategies for underperforming or distressed loans.
• Assist in developing and executing strategies such as amendments, recapitalizations, restructurings, and debt-to-equity conversions.
• Coordinate with external advisors, consultants, legal teams, and CROs to help maximize recoveries.
• Analyze secondary market opportunities, distressed exchanges, and opportunistic financing scenarios.
• Support special situations transactions such as bridge loans, DIP financings, and structured capital solutions.

Strategic Contribution & Leadership

• Provide insights on credit risk, deal structuring, and market trends to inform underwriting and portfolio decisions.
• Mentor and guide analysts and associates on credit analysis, modeling, due diligence, and restructuring concepts.
• Collaborate across underwriting, risk, and portfolio teams to enhance processes and frameworks.

Qualifications

• 8 to 15 years of experience in direct secured lending or private credit.
• Strong background in cash flow and/or asset-based lending, and legal documentation.
• Experience supporting workouts, restructurings, or recovery processes within a lending or private credit environment.
• Robust understanding of credit documentation, security packages, and restructuring mechanisms (i.e., Chapter 11, Article 9).
• Advanced financial modeling, valuation, and scenario analysis skills.
• Bachelor’s degree in finance, accounting, or economics; MBA, CFA, or CPA preferred.

Personal Attributes

• Strong analytical thinker with sound credit judgment and disciplined risk awareness.
• Calm, practical, and solutions-oriented under pressure.
• Excellent communication, negotiation, and presentation skills.
• Team-focused and effective in a fast-paced investment environment.

Compensation

Competitive base salary, annual performance bonus.