Senior Associate, Junior Capital / Private Credit
Falcon Investment Advisors
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Boston, MA
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Mid-Senior level
Posted April 17, 2026
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Responsibilities
Responsibilities
- Evaluate new investment opportunities across the capital structure, with a primary focus on mezzanine debt, subordinated debt, preferred equity, and equity co-investments in U.S. middle market companies
- Build and maintain detailed financial models, including LBO analyses, credit and cash flow models, covenant and return analyses, and downside sensitivity scenarios
- Conduct comprehensive business due diligence, including assessment of competitive dynamics, industry positioning, management quality, customer and revenue concentration, and financial performance
- Draft investment memoranda and present investment recommendations to the Investment Committee
- Lead transaction execution, including term sheet negotiation, legal documentation review, and coordination with legal counsel, management teams, and private equity sponsors
- Manage relationships with co-investors, lenders, and other counterparties through deal close Portfolio Management
- Monitor portfolio company financial performance, covenant compliance, and key business developments on an ongoing basis
- Prepare quarterly portfolio company reports and performance updates for internal stakeholders and limited partners
- Participate in board calls, management meetings, and annual reviews as appropriate
- Identify risks and work proactively with senior professionals and management teams to address portfolio company issues Qualifications
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Requirements
- Approximately 4 years of total relevant professional experience, including 2+ years of buyside credit or mezzanine investing experience; prior investment banking (leveraged finance, M&A, or restructuring) experience strongly preferred
- Strong financial modeling and analytical skills, with demonstrated expertise in credit analysis, LBO modeling, and deal structuring across the capital structure
- Solid understanding of leveraged finance markets, credit documentation, and capital structures, including subordinated debt and mezzanine instruments
- Ability to manage multiple live transactions simultaneously and perform effectively in a fast-paced, deadline-driven environment
- Exceptional written and verbal communication skills; ability to synthesize complex information into clear and concise investment theses and written memoranda
- High level of intellectual curiosity, sound judgment, and strong attention to detail
- Self-starter mentality with the ability to take ownership of work product and contribute proactively within a small, collaborative team
Preferred Skills
- Approximately 4 years of total relevant professional experience, including 2+ years of buyside credit or mezzanine investing experience; prior investment banking (leveraged finance, M&A, or restructuring) experience strongly preferred
Senior Associate, Junior Capital / Private Credit Boston, MA | Full-Time Application Process Please share your resume with recruiting@falconinvestments.com to be considered. Applications through LinkedIn Apply will not be considered. About Falcon Investment Advisors Falcon Investment Advisors is a leading alternative credit manager specializing in mezzanine and junior capital investments in U.S. middle market companies. Founded in 2000 and headquartered in Boston with an office in New York, the firm has deployed over $5.6 billion across 137 investments through seven private credit funds and currently manages approximately $3.5 billion in assets under management. Falcon partners with private equity sponsors, founders and management teams to provide flexible capital solutions—including subordinated debt, holdco debt, preferred equity, and equity co-investments—in support of leveraged buyouts, recapitalizations, acquisitions, and growth financings. The firm invests across a broad range of sectors including business services, healthcare, technology, food & beverage, education, and industrial technology. The Opportunity Falcon Investment Advisors is seeking a Senior Associate to join the Investment team in its Boston office. This is a high-impact, hands-on role in which the Senior Associate will contribute meaningfully across all phases of the investment lifecycle—from origination and underwriting through due diligence, execution, and ongoing portfolio management. The Senior Associate will work directly alongside Partners and Managing Directors and will carry meaningful deal responsibility from day one. This is an excellent opportunity for a motivated credit professional to develop deep underwriting expertise, broaden their sponsor and banking relationships, and grow within a high-performing, collaborative team at one of the most established mezzanine franchises in the middle market. Key Responsibilities Deal Evaluation & Execution
Evaluate new investment opportunities across the capital structure, with a primary focus on mezzanine debt, subordinated debt, preferred equity, and equity co-investments in U.S. middle market companies
Build and maintain detailed financial models, including LBO analyses, credit and cash flow models, covenant and return analyses, and downside sensitivity scenarios
Conduct comprehensive business due diligence, including assessment of competitive dynamics, industry positioning, management quality, customer and revenue concentration, and financial performance
Draft investment memoranda and present investment recommendations to the Investment Committee
Lead transaction execution, including term sheet negotiation, legal documentation review, and coordination with legal counsel, management teams, and private equity sponsors
Manage relationships with co-investors, lenders, and other counterparties through deal close Portfolio Management
Monitor portfolio company financial performance, covenant compliance, and key business developments on an ongoing basis
Prepare quarterly portfolio company reports and performance updates for internal stakeholders and limited partners
Participate in board calls, management meetings, and annual reviews as appropriate
Identify risks and work proactively with senior professionals and management teams to address portfolio company issues Qualifications
Approximately 4 years of total relevant professional experience, including 2+ years of buyside credit or mezzanine investing experience; prior investment banking (leveraged finance, M&A, or restructuring) experience strongly preferred
Strong financial modeling and analytical skills, with demonstrated expertise in credit analysis, LBO modeling, and deal structuring across the capital structure
Solid understanding of leveraged finance markets, credit documentation, and capital structures, including subordinated debt and mezzanine instruments
Ability to manage multiple live transactions simultaneously and perform effectively in a fast-paced, deadline-driven environment
Exceptional written and verbal communication skills; ability to synthesize complex information into clear and concise investment theses and written memoranda
High level of intellectual curiosity, sound judgment, and strong attention to detail
Self-starter mentality with the ability to take ownership of work product and contribute proactively within a small, collaborative team
Bachelor's degree required Compensation & Benefits Falcon Investment Advisors offers a highly competitive compensation package commensurate with experience, including:
Competitive base salary and performance-based bonus
Potential for carried interest participation for strong performers
Comprehensive benefits package
Generous paid time off and firm-wide holidays Falcon Investment Advisors is an equal opportunity employer. Qualified applicants will receive consideration without regard to race, color, religion, sex, national origin, age, disability, or any other legally protected status.
Evaluate new investment opportunities across the capital structure, with a primary focus on mezzanine debt, subordinated debt, preferred equity, and equity co-investments in U.S. middle market companies
Build and maintain detailed financial models, including LBO analyses, credit and cash flow models, covenant and return analyses, and downside sensitivity scenarios
Conduct comprehensive business due diligence, including assessment of competitive dynamics, industry positioning, management quality, customer and revenue concentration, and financial performance
Draft investment memoranda and present investment recommendations to the Investment Committee
Lead transaction execution, including term sheet negotiation, legal documentation review, and coordination with legal counsel, management teams, and private equity sponsors
Manage relationships with co-investors, lenders, and other counterparties through deal close Portfolio Management
Monitor portfolio company financial performance, covenant compliance, and key business developments on an ongoing basis
Prepare quarterly portfolio company reports and performance updates for internal stakeholders and limited partners
Participate in board calls, management meetings, and annual reviews as appropriate
Identify risks and work proactively with senior professionals and management teams to address portfolio company issues Qualifications
Approximately 4 years of total relevant professional experience, including 2+ years of buyside credit or mezzanine investing experience; prior investment banking (leveraged finance, M&A, or restructuring) experience strongly preferred
Strong financial modeling and analytical skills, with demonstrated expertise in credit analysis, LBO modeling, and deal structuring across the capital structure
Solid understanding of leveraged finance markets, credit documentation, and capital structures, including subordinated debt and mezzanine instruments
Ability to manage multiple live transactions simultaneously and perform effectively in a fast-paced, deadline-driven environment
Exceptional written and verbal communication skills; ability to synthesize complex information into clear and concise investment theses and written memoranda
High level of intellectual curiosity, sound judgment, and strong attention to detail
Self-starter mentality with the ability to take ownership of work product and contribute proactively within a small, collaborative team
Bachelor's degree required Compensation & Benefits Falcon Investment Advisors offers a highly competitive compensation package commensurate with experience, including:
Competitive base salary and performance-based bonus
Potential for carried interest participation for strong performers
Comprehensive benefits package
Generous paid time off and firm-wide holidays Falcon Investment Advisors is an equal opportunity employer. Qualified applicants will receive consideration without regard to race, color, religion, sex, national origin, age, disability, or any other legally protected status.