Director, Private Credit
Everest Group
- Location
- Warren, NJ
- Work model
- On-Site
- Level
- Staff
- H-1B history
- 1 approvals (FY2023)
- Posted
- 23h ago
About this role
Title: Director, Private Credit Company: Everest Global Services, Inc. Job Category: Finance Job Description: About Everest: Everest is a global leader in risk management, rooted in a rich, 50+ year heritage of enabling businesses to survive and thrive, and economies to function and flourish. We are underwriters of risk, growth, progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders, who care deeply about our impact on communities and the wider world.
Job Summary
Everest is seeking a highly motivated and experienced investment professional to join its Alternative Investments team as Director, Private Credit. This individual will serve as a key partner to the Head of Private Credit in overseeing and managing Everest's global private credit portfolio. The role will support portfolio construction, manager selection, underwriting, monitoring, and strategic development of private credit investments across a broad range of strategies, including direct lending, asset-backed finance, infrastructure debt, opportunistic credit, specialty finance, structured credit, and private investment-grade credit. Everest's private credit portfolio includes direct investments, separately managed accounts, rated note structures, and fund investments managed by leading global asset managers. The successful candidate will combine strong investment judgment, rigorous analytical capabilities, and exceptional communication skills to help drive portfolio performance while supporting Everest's broader investment, capital management, and risk objectives. This is a hybrid position working 3 days in office, 2 remote in either Warren, NJ, New York City or Bermuda.
Key Responsibilities
Investment Underwriting & Due Diligence Conduct fundamental analysis of prospective private credit investments, managers, funds, co-investments, and structured opportunities. Perform detailed underwriting of asset-backed finance, corporate credit, and opportunistic and specialty finance transactions. Evaluate investment opportunities across North America, Europe, and other global markets. Lead quantitative and qualitative due diligence processes, including review of credit metrics, collateral performance, covenant packages, portfolio construction, and downside loss scenarios. Prepare comprehensive investment memoranda and recommendations for senior management and investment committees. Portfolio Management & Monitoring Support oversight of Everest's global private credit portfolio. Monitor existing investments, manager performance, portfolio exposures, and emerging risks. Analyze portfolio performance drivers, valuation changes, and market developments. Develop portfolio stress-testing and scenario analysis frameworks. Identify opportunities for portfolio optimization, diversification, and capital-efficient deployment. Manager Relationships & Market Intelligence Maintain relationships with existing and prospective private credit managers. Participate in manager meetings, annual reviews, and on-site due diligence visits. Conduct ongoing monitoring of industry trends, fund performance, competitive dynamics, and market conditions. Develop insights regarding relative value across private credit segments and public market alternatives. Strategic Portfolio Development Assist in developing Everest's long-term private credit strategy. Evaluate new investment structures, sectors, and managers. Support strategic asset allocation and portfolio construction decisions. Collaborate with investment leadership on identifying emerging opportunities within private markets. Cross-Functional Collaboration Work closely with: Public Fixed Income Enterprise Risk Management Capital Management Actuarial Accounting and Finance Legal and Compliance Support analyses related to regulatory capital, rating agency capital models, asset allocation, liquidity, and risk management. Provide investment insights to executive