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Private Credit Jobs (NOW HIRING)

Maintain market intelligence on Private Credit asset classes, trends, and relative value. * Lead reporting and portfolio management tools, evaluate and onboard new technologies. * Partner with ...

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How much do private credit jobs pay per hour?

As of Jul 1, 2026, the average hourly pay for private credit in the United States is $20.43, according to ZipRecruiter salary data. Most workers in this role earn between $18.27 and $22.36 per hour, depending on experience, location, and employer.

What jobs make $1,000,000 a year?

In private credit and related finance roles, high-level positions such as senior private equity or hedge fund managers can earn over $1 million annually through base salary, bonuses, and carried interest. These roles typically require extensive experience, strong financial analysis skills, and often involve managing large investment portfolios or funds. Compensation varies widely based on performance, firm size, and geographic location.

What are the key skills and qualifications needed to thrive in the Private Credit position, and why are they important?

To thrive in Private Credit, you need strong financial analysis skills, detailed knowledge of credit markets, and a background in finance or related fields, often demonstrated by a relevant degree or CFA designation. Familiarity with financial modeling software, credit risk assessment tools, and portfolio management systems is highly beneficial. Critical thinking, negotiation abilities, and effective communication stand out as valuable soft skills in this field. These skills enable professionals to accurately evaluate risk, structure deals, and maintain strong client and stakeholder relationships, driving success in a dynamic market.

Is private credit a good career?

Private credit is a specialized field within finance that involves providing debt financing to private companies. It offers opportunities for high earning potential and requires skills in credit analysis, financial modeling, and due diligence. The career can be stable and rewarding for those with strong analytical abilities and relevant certifications such as CFA or CPA.

What are private credit jobs?

Private credit jobs involve managing and originating loans or debt investments for private companies, often within private equity or asset management firms. These roles require strong financial analysis, credit assessment skills, and knowledge of debt markets, with professionals typically working in a team environment and using financial modeling tools.

What is a Private Credit job?

A Private Credit job involves originating, underwriting, and managing private debt investments, typically for institutional investors or specialized credit funds. Professionals in this field analyze borrower creditworthiness, structure loan terms, and monitor portfolio performance. Roles may include deal sourcing, due diligence, and risk assessment across direct lending, mezzanine financing, or special situations. These positions require strong financial modeling, credit analysis, and negotiation skills.

What are typical day-to-day responsibilities for someone working in Private Credit?

Professionals in Private Credit spend their days analyzing potential borrowers, performing due diligence on investment opportunities, structuring loan agreements, and managing existing portfolio companies. This often involves preparing detailed credit memos, reviewing financial statements, and collaborating closely with legal teams, underwriters, and portfolio managers to ensure structured deals meet risk and return requirements. Regular communication with clients, sponsors, and internal teams is essential to monitor ongoing investments and quickly address any emerging issues. The role also requires staying updated on market conditions and adjusting strategies as needed to protect and grow the firm's capital.

How much do you make working in private credit?

Salaries in private credit roles typically range from $70,000 to over $150,000 annually, depending on experience, location, and firm size. Senior positions or those with specialized skills can earn significantly more, often including bonuses and performance incentives.
More about Private Credit jobs
What cities are hiring for Private Credit jobs? Cities with the most Private Credit job openings:
What states have the most Private Credit jobs? States with the most job openings for Private Credit jobs include:
What job categories do people searching Private Credit jobs look for? The top searched job categories for Private Credit jobs are:
Infographic showing various Private Credit job openings in the United States as of June 2026, with employment types broken down into 1% As Needed, 86% Full Time, 12% Part Time, and 1% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $42,501 per year, or $20.4 per hour.

Houston Banking & Private Credit Associate

Latham And Watkins

Houston, TX โ€ข On-site

Other

Posted yesterday


Job description

About Latham & Watkins
Latham & Watkins is one of the world's leading global law firms advising the businesses and institutions that drive the global economy. We are the market leaders in major financial and business centers globally and offer unmatched expertise and resources to help you grow from an intellectually curious self-starter into an exceptional lawyer. If you aspire to be the best, this is where you belong.
About the Practice Group
Latham's Banking & Private Credit Practice leads the market in every major financial center worldwide. We advise a diverse range of credit providers, including banks, financial institutions, and private credit funds, as well as borrowers ranging from major public companies and sponsors to startups and growth companies. This vast scale and deep experience provide Latham with an unmatched 360-degree view of public and private markets.
Always Ahead of the Market
We see more deals than any other law firm, annually advising on hundreds of financings valued at hundreds of billions of dollars. Our practice, distinguished by its breadth and sophistication, covers every key product and deal type in every major market. With a track record of firsts, we consistently top global league tables and industry rankings and remain ahead of market shifts.
Leveraged Finance Leader
Latham's deep understanding of the sponsor market and trend-setting capabilities uniquely position us to advise both lenders and borrowers on leveraged and acquisition financings. We navigate the complexities of syndicated and private credit markets, providing strategic advice to major players across all industries. Our pioneering work in the direct lending market enhances our ability to guide direct lenders and their borrowers through complex deals, leveraging market-leading capital markets, M&A, and restructuring experience to develop innovative structures and facilitate efficient dealmaking.
Prowess in Syndicated Lending
Our broad and sophistication practice covers every key market, structure, and deal type in the syndicated market. With our global footprint, we regularly top the legal advisor league tables for syndicated lending and have worked on many of the largest and most complex leveraged buyouts in multiple jurisdictions. With decades of experience guiding clients through broadly syndicated loans and asset-backed lending transactions, we are a key port of call for investment banks and borrowers alike when navigating this complex marketplace.
Private Credit Pioneer
Our practice, built on a foundation of innovation and experience, counts as clients the most active lenders, funds, credit platforms, and investment managers, as well as borrowers, in a wide range of transactions from the middle market to large-cap. We routinely guide sophisticated private capital providers through:
First and second lien loans
Unitranche loans
Mezzanine loans
Asset-based loans, including first-in last-out (FILO) loans
Preferred equity and other junior capital transactions
Our experience spans deal sizes from the middle market to complex multi-billion dollar unitranche transactions. We design and implement multi-tiered capital structures, addressing subordination, security, intercreditor issues, restructurings, equity co-investments, and tax and regulatory matters.
Excellence Across Syndicated and Private Markets
Clients benefit from our profound market understanding and strong relationships with key players, including leading global banks, private capital funds, financial sponsors, information sources, and other market participants. We collaborate across Latham's global private capital platform to deliver seamless services tailored to each client's strategy and transaction objectives. We draw on our vast network to answer niche questions, meet client needs, and make transactions work for all parties.
Built for Complexity
Our Banking & Private Credit Practice is built for complex, cutting-edge, and consequential deals. This vantage point allows us to anticipate market shifts and tailor solutions to specific financial goals and risk appetites, accelerating growth and unlocking shareholder value through creative and innovative financing strategies. Our team is strategically positioned to advise and address the needs of our clients in any market, drawing on a winning complement of deep product expertise, innovation, and exceptional execution capabilities.
About the Role
The Latham Banking Practice in Houston is seeking associates with a minimum of two years of general finance, acquisition finance, leveraged finance, and/or private credit experience to join our cutting edge and constantly growing team. Our clients are borrowers, sponsors, arrangers/bank lenders, and direct lenders. Candidates with experience in energy & infrastructure are preferred. This is a high growth practice with a supportive, collegial culture that continues to expand every year.
Main Contact Details
Lateral Recruiting - Finance
LateralRecruiting.Finance@lw.com
Additional Information
Investing in the well-being of our lawyers and staff is among the firm's highest priorities. Through our "LiveWell Latham" program, we offer best-in-class benefits and comprehensive resources designed to support you and your loved ones through all life's moments - from building a family and taking care of loved ones, to managing your health and saving for the future.
Latham & Watkins is an equal opportunity employer. The Firm prohibits discrimination against any employee or applicant for employment on the basis of race (including, but not limited to, hair texture and protective hairstyles), color, religion, sex, age, national origin, sexual orientation, gender identity, veteran status (including veterans of the Vietnam era), gender expression, marital status, or any other characteristic or condition protected by applicable statute.
We periodically provide demographic data to legal publications, bar associations, civic and community organizations, and in some instances, to local, state, and federal government agencies as required by law or contract. So that the firm can provide this information accurately, we request that you consider self-identifying.
Please click here to review your rights under U.S. employment laws. In accordance with Latham & Watkins policies, associates in this role must protect and maintain any highly sensitive, confidential, privileged, financial and/or proprietary information that Latham & Watkins retains either as part of the legal services the Firm provides to clients or for internal purposes.
Los Angeles: Latham & Watkins LLP will consider qualified applicants with criminal histories in a manner consistent with the City of Los Angeles Fair Chance Initiative for Hiring Ordinance (FCIHO). Please click the link above to review the Ordinance.
San Francisco: Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records. Please click the link above to review the Ordinance.
Massachusetts: It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. An employer that violates this law may be subject to fines and/or a private right of action for $500 in statutory damages "for each such violation," among other things.
Pay Range
Associate Base Salary
Discretionary bonuses may be available depending on application circumstances and position.
Class ofUS Payroll2026$225,0002025$225,0002024$235,0002023$260,0002022$310,0002021$365,0002020$390,0002019
$420,000
2018$435,000