Job Description
Description The Company Come build on our integrated platform with industry-leading talent, world-class partners, and freedom to innovate. Liberty Mutual Investments (LMI) is the investment firm for Liberty Mutual Group (Liberty). With deep expertise in fixed income, equity, and alternative strategies, LMI invests more than $100B of long-term capital globally, and has a team of nearly 300 investment, finance, and operations professionals located in Boston, MA, and New York, NY. LMI has a clear purpose: drive economic growth, build enduring businesses side-by-side with our partners, and generate superior risk-adjusted returns that secure Liberty’s promises. LMI offers the best of both worlds — the look and feel of a boutique investment firm with the reputation and financial strength of a global leader. As the investment firm of a mutual with long-term capital, LMI has a single client mandate. This gives us the freedom to focus on what we do best. Our portfolio spans a broad spectrum of public and private investments, and we are committed to expanding our capabilities and our toolkit in support of our mission. We invest across diverse asset classes, financial structures, and industries, including real estate, digital infrastructure, healthcare, renewable energy, and technology—with the aim of creating value and powering innovation. We pride ourselves on our extensive network of mutually beneficial partnerships, and we use our substantial influence, capital, and energy to drive towards a better future. #LMI The Position LMI is seeking an experienced Associate to join the Alternative Credit group within Liberty’s $22bn Global Alternative Markets platform. The team invests across private credit and opportunistic equity structures spanning consumer, commercial, residential, and structured credit markets. Investments include whole loans, warehouse facilities, asset-backed securities, and structured credit as well as preferred equity and platform financings. The role offers meaningful responsibility across the full lifecycle of investments—sourcing, underwriting, execution, and portfolio management—with direct exposure to senior investment leadership and the opportunity to deploy capital across the capital structure. Title/level commensurate with experience. Responsibilities Evaluate and execute private credit, structured investments, and select equity / hybrid structures across asset classes and transaction types Source and screen new opportunities; develop investment thesis and relative value views across markets and structures Lead diligence workstreams, including financial modeling, collateral/cash flow analysis, downside and recovery analysis, and structuring Coordinate third-party diligence and manage execution timelines to close Prepare and present investment committee materials and recommendations to senior leadership Monitor and manage portfolio performance Partner closely with Legal, Finance, Accounting, and Risk to support investment execution and ongoing oversight Contribute to tools and infrastructure for portfolio reporting, analytics, and process improvement Collaborate across LMI teams to share market insights and support broader platform initiatives Qualifications Bachelor’s degree with strong academic credentials 3–7 years of relevant experience in specialty finance, private credit, structured credit, investment banking, private equity, or other alternative investment / financial institutions Strong underwriting and financial modeling skills; advanced proficiency in Excel Ability to synthesize complex financial, market, and operational diligence into clear investment views and recommendations Excellent written and verbal communication skills, including comfort presenting to senior stakeholders Strong ownership mentality, judgment, and intellectual curiosity Collaborative, team-oriented approach; effective cross-functional partner Strong attention to detail and ability to manage multiple priorities in a fast-paced environment Experience with asset-backed structures (warehouse/ABS), fund finance, or platform investing is a plus Comfort reviewing legal documents is a plus as well Demonstrates strong AI literacy and uses AI-enabled tools to enhance speed, accuracy, and insight generation while maintaining sound judgment and compliance with governance standards About Us Pay Philosophy: The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all