Private Credit Associate

Role Overview

We have partnered with a tier-1 alternative investment manager on an exclusive mandate to hire an Analyst/Associate for its private credit team in Zurich.

The firm’s European insurance investment business is one of the fastest-growing and most profitable businesses in the alternative investment management space, with assets under management more than doubling over the past year. It is a genuine market leader in insurance-linked investing, and we have placed more than fifteen professionals into this business over the last two years.

Working alongside senior portfolio managers, you will play a key role in providing the analysis and portfolio insights that inform capital deployment and investment decisions across a broad range of private credit assets and alternatives. Exposure spans private investment-grade credit, infrastructure debt, direct lending, commercial real estate debt, structured credit and opportunistic strategies, alongside credit funds and existing private equity and hybrid capital investments. The role offers the opportunity to develop a broad investment skill set within a market-leading team, with access to a global investment and origination platform.

The environment is flat, collaborative and highly meritocratic, combining meaningful responsibility with daily exposure to senior investment professionals. This is a role with genuine scope to grow into a broader, more senior seat: strong performers will have the opportunity to take on increasing investment and client-facing responsibilities as their expertise and contribution develop.

Key Responsibilities

• Portfolio Analysis & Investment Support: Work closely with senior portfolio managers to analyse private credit and alternatives portfolios, providing insights into performance, exposures and return drivers to support portfolio management and capital deployment decisions.
• Fund Analytics & Modelling: Support portfolio- and fund-level analysis and modelling, assessing leverage, drawdowns and return metrics, including IRR and MOIC, across credit funds and existing private equity and hybrid capital investments.
• Senior Management & Client Reporting: Produce portfolio reviews, investment presentations and monthly and quarterly reporting for senior leadership and institutional clients. Respond to portfolio-related questions, translating detailed investment information into clear, relevant insights.
• Cross-Team Collaboration: Work with colleagues across portfolio management, risk, asset allocation and analytics, developing an understanding of how investment opportunities, liquidity requirements and regulatory considerations shape institutional portfolios.
• Analytical Tools & Automation: Develop and enhance Excel-based analytics and reporting tools, with scope to apply Python and automation to improve the quality and efficiency of the team’s work.
• Broader Investment Exposure: Build towards greater involvement in relative-value analysis, investment eligibility assessments and client-facing work as your experience and responsibilities grow.

Requirements & Qualifications

• Relevant Experience: Typically 2–5 years of experience within asset management, private credit, insurance investing, investment banking or a related analytical role. Portfolio management, investment analytics and technically strong product specialist backgrounds are all relevant.
• Investment Knowledge: Experience in private credit or a strong understanding of Solvency II is essential; exposure to both is particularly valuable. Knowledge of either the Standard Formula or Matching Adjustment framework is relevant, and credit experience may be at portfolio or individual investment level.
• Funds & Alternatives: An understanding of fund structures, leverage and investment return drivers. Additional exposure to private equity, hybrid capital or other alternative investments would be advantageous.
• Technical Skills: Strong Excel and analytical capabilities, with confidence working with portfolio information and financial models. Python, coding or experience automating analytical processes would be a significant plus.
• Working Style & Communication: Sound judgement, rigorous attention to detail and the ability to deliver accurate work at pace. A proactive, collaborative approach, ownership of your work and the ability to communicate analysis clearly are essential.
• Location & Languages: Fluent English and a willingness to be based in Zurich. Swiss or EU citizenship, or an existing Swiss work permit, is required; visa sponsorship is not available.