Senior Private Credit Research Consultant

As the senior private credit research consultant at Callan, a leading independent investment consulting firm, you’ll help lead Callan’s private credit research efforts. Reporting to the head of the Alternatives Consulting group, you’ll advise clients on all aspects of private credit investing and collaborate with colleagues on your team and throughout Callan. You’ll also proactively lead and implement initiatives for process and workflow improvement.

What’s Unique About This Role?

You’ll work with some of the highest quality and most complex clients in the country to help them achieve their investment goals, including corporate and public retirement plans, endowments and foundations, taxable trusts, and insurance assets. Along with having an appreciation for Callan’s unique and collaborative culture, your ability to demonstrate success in the skill sets we seek is of greater importance than your years of experience. Callan believes that our organization and culture are made stronger through diverse perspectives and experiences.

Please note: This position will be based in one of Callan’s six offices, working a hybrid schedule.

Primary Duties

Team Leadership

• Lead private credit client relationships, including manager research and portfolio implementation
• Help lead Callan’s efforts to proactively identify promising private credit investment opportunities, including middle market direct lending, specialty finance, distressed debt, and related areas, as well as hedge funds (e.g., long/short credit; distressed credit) and “alternative credit” strategies (e.g., structured credit; opportunistic credit)
• Present private credit investment recommendations and advice to client fiduciary boards and staff, and respond to ad-hoc client requests
• Lead weekly team meetings, proactively identifying areas in need of attention and following through with individuals responsible for the completion of tasks (i.e., the analyst group)
  
  
  

Manager Sourcing and Due Diligence

• Conduct in-depth research on strategies across the private credit universe and help coordinate research efforts with other members of the alternatives consulting team
• Oversee the quantitative performance analysis process conducted by the team’s analysts
• Update Callan’s proprietary databases with meeting notes, due diligence reports, and other relevant research information
• Provide timely responses to inbound investment manager communication
  
  
  

Strategic Planning

• Work with the head of Alternatives Consulting and the Capital Markets Research group to help develop and improve Callan’s private credit capital markets assumptions and portfolio construction methodology
• Present investment recommendations to the group and Callan’s Alternatives Review Committee
  
  
  

Marketing/Business Development

• Participate in developing new business opportunities and work with general consultants to expand existing relationships to include private credit and/or alternatives consulting
• Represent Callan at industry conferences and lead panel discussions relating to private credit investing
  
  
  

Research/Education

• Create and deliver educational presentations for Callan Institute webinars and events
• Develop educational content (e.g., white papers and blog posts) related to private markets topics
  
  
  

Callan Culture

• Positively contribute to the intellectual capital and culture of the team and Callan
• Work constructively with colleagues in the group and across the broader organization
• Utilize Callan’s internal committees to ensure client recommendations and deliverables are of consistently high quality
  
  
  

Job Skills & Requirements

Experience and Education:

• Over 10 years of investment/financial industry expertise
• Significant experience in a senior private credit research/consulting role
• Bachelor’s degree required
• Graduate degree or relevant professional certification preferred (CFA and/or CAIA designation)
  
  
  

Skills:

• Strong interpersonal skills
• Works well in a collaborative, team environment
• Communicates effectively both verbally and in writing with clients, consultants, and research professionals
• Manages multiple client projects with varying, concurrent deadlines
  
  
  

Characteristics:

• Detail-oriented
• Self-motivated and proactive
• High level of humility and accountability
• Emphasis on team over self
• Embraces diversity, equity, and belonging as key tenets of an impactful culture and successful business
  
  
  

Compensation, Benefits & Training

At Callan, you can expect:

• A generous compensation and benefits package, including base salary, bonus, 401(k) matching, profit-sharing, health/medical/dental/vision benefits, monthly communications stipend, tuition assistance, and more
• Training for all Callan databases, research, and other systems
• Access to team-building events, community outreach opportunities, and wellness events
  
  
  

As an employee-owned firm, Callan is committed to giving long-term successful professionals an opportunity to become equity partners. Visit www.callan.com/careers to learn more about Callan’s culture, benefits, and more.

About Callan

Callan was founded as an employee-owned investment consulting firm in 1973. Ever since, we have empowered institutional clients with creative, customized investment solutions that are backed by proprietary research, exclusive data, and ongoing education. Today, Callan advises clients with more than $3 trillion in total assets, which makes it among the largest independently owned investment consulting firms in the U.S. Callan uses a client-focused consulting model to serve pension and defined contribution plan sponsors, endowments, foundations, independent investment advisers, investment managers, and other asset owners.

Callan has roughly 200 employees and is headquartered in San Francisco with five additional offices throughout the U.S. Learn more about us at www.callan.com.

Callan LLC is an equal opportunity employer.

Research shows that women and other underrepresented groups tend to apply only if they meet 100% of the criteria. We are committed to leveling the playing field, and we encourage all, especially women, people of color, and those in the LGBTQ+ community, to apply for positions even if they do not necessarily check every box outlined in the job description. Callan believes that our organization and culture are made stronger through diverse perspectives and experiences.

The range listed is what we reasonably expect to pay for this role at the time of this posting. We may ultimately pay more or less than the posted range and may modify it in the future.