Senior Private Credit Manager

Job description / Role

Purpose

• The private credit manager is responsible for identifying, evaluating, executing and monitoring private credit fund and co-investment opportunities across investment themes globally (predominantly North America, Western Europe and Australasia).
• This role combines analytical rigor with strategic thinking in a fast-paced environment to develop and manage a portfolio of private credit fund and co-investments that deliver strong risk-adjusted returns while supporting EIA's long-term investment objectives and the UAE's economic diversification goals.

Strategic responsibilities

• Develop and implement private credit fund and co-investment strategies aligned with EIA's overall asset allocation framework
• Identify emerging trends and opportunities in private credit markets through macroeconomic and industry research
• Develop thematic investment views and sector-specific credit strategies
• Monitor competitive landscape and stay abreast of market innovations and best practices
• Build strategic relationships with key market participants including fund managers, sponsors, placement agents and other institutional investors

Core responsibilities

• Source, analyze, execute and monitor private credit fund and co-investment opportunities
• Build and manage a portfolio of private credit fund and co-investments across direct lending, distressed debt, specialty finance, and structured credit opportunities
• Conduct comprehensive due diligence, including financial modeling, stress testing, and scenario analysis
• Prepare detailed investment memoranda and present investment recommendations to investment committees
• Structure and negotiate investment terms, working closely with legal and risk management teams
• Perform in-depth credit analysis to evaluate borrower/portfolio creditworthiness, capital structure, and risk mitigation strategies
• Apply sophisticated risk assessment methodologies to quantify and manage credit, market, and liquidity risks
• Monitor portfolio performance, risk exposures, and covenant compliance to optimize investment outcomes
• Identify potential issues early and develop appropriate workout strategies for challenged investments
• Maintain deep understanding of evolving regulatory frameworks impacting private credit investments

People & leadership responsibilities

• Collaborate effectively with other investment teams across asset classes to develop integrated investment theses
• Mentor junior team members and contribute to knowledge sharing across the organization
• Work closely with legal, risk, compliance, and operations teams to ensure robust investment processes
• Support the development of UAE national talent in line with EIA's Emiratization objectives
• Represent EIA professionally in external forums and investment discussions

Requirements

Education & qualifications

• Bachelor's degree in finance, economics, business, or related field; advanced degree (MBA, CFA) preferred

Experience requirements

• 15 years of relevant experience in private credit/private equity manager selection, potentially coupled with prior leveraged finance/investment banking background
• Demonstrated track record of successful private credit/private equity fund investing/manager selection and/or co-investments at an endowment/consultant/family office/HNWI/private banking
• Experience in preparing comprehensive investment memoranda and conducting financial analysis, investment due diligence, and credit structuring
• Ability to work under pressure in a small team with a broad investment mandate and a challenging performance benchmark

Technical expertise / skills / knowledge

• Investment strategy: advanced expertise in developing and implementing private credit investment strategies
• Financial analysis & modeling: expert ability to build comprehensive financial models for complex credit investments
• Credit assessment: strong understanding of credit fundamentals, capital structures, and covenant analysis
• Risk assessment & analysis: advanced capabilities in identifying, analyzing, and mitigating investment risks
• Portfolio construction: skill in building diversified credit portfolios with appropriate risk/return profiles
• Market knowledge: in-depth understanding of private credit markets, including direct lending, distressed debt, and structured products

External interfaces

• Borrowers and issuers
• Fund managers
• Financial advisors and investment banks
• Legal and due diligence advisors
• Industry peers and associations
• Regulatory bodies (as needed)

Management accountability

• Strategic alignment
• Portfolio stewardship