Mar 19, 2026
What You'll Do:
Principal Alternative Credit (Direct Lending) launched in 2020 and is rapidly growing, achieving a record-breaking year in 2025. Our success is driven by the unique experiences, backgrounds, and talents of our employees – individually and all of us together. As an Associate Director, Underwriter Direct Lending, you’ll be the primary credit risk manager for a portfolio of middle-market clients, you’ll work closely with originators and underwriters to assess risk, structure deals, and manage ongoing credit relationships. Your key responsibilities include: Risk Assessment & Credit Structuring: Evaluate credit clients, industry trends, and transactions to identify key risks. Develop forward-looking risk assessments, negotiate loan agreements, and recommend appropriate credit structures. Credit Approval & Investment Analysis: Prepare and present credit approval materials, ensuring compliance with risk policies. Structure financing solutions...
Principal Financial Group
New York, NY, USA