Associate Director

Pemberton Asset Management is a leading European private credit manager. Built on more than a decade of experience and deep credit expertise, we provide innovative, cycle-tested private credit solutions for LPs and GPs. Pemberton's extensive origination network of ten European offices, local market and sector expertise are core characteristics of Pemberton's value proposition. A substantial investment team, a broad and independent credit function and rigorous credit analysis inform our investment approach. We are committed to advancing responsible investing in private credit and fostering long-term value through transparent partnerships.

Pemberton manages USD $28.8bn in AuM and employs more than 200+ staff globally. (*As of 30th September 2025. Defined as capital committed since inception)

Further information is available at Follow Pemberton on LinkedIn here.

Level: Director

Functional Title: PAMSA Portfolio Manager

Location: Luxembourg

Role Relationships:

Reporting to Douglass Welch, Managing Director / Portfolio Conducting Officer

Key Stakeholders the role will interact with:

· Head of Portfolio Management and Senior Portfolio Managers (by strategy)

· Heads of Operations & Fund Finance

· New Products Team

· Investor Relations Team

Role Responsibilities:

Portfolio Management

· General support to PAMSA Portfolio Management oversight in all aspects of PM function, including:

o Screening new investment opportunities presented to the PAMSA Investment Committee

o Monitoring Investment Restrictions of portfolio assets within all vehicles

o Review of trading activity and monitoring eligibility of participating Fund vehicles

o Engagement in the Allocation Process

o Preparation of ad-hoc internal analysis on portfolio assets

o Assisting in the DDQ/RFPs for new and existing investors

o Ensure that both ongoing and onboarding vendor reviews related to the PM function are completed in a timely and efficient manner.

o Preparation of periodic reports on Portfolios and assets

o Assist in the preparation of regulatory reporting on portfolios/assets

o Assist in smooth operational functioning of portfolio assets and ad-hoc problem solving

· Post-close engagement & monitoring:

o Engage & facilitate the transaction execution mechanics (with Operations team)

o Monitor the asset life cycle on all investments (coordinating with the operations team)

o Monitor borrower financial information (with Origination & Credit Analytics teams)

o Participation in semi-annual credit reviews

· Prepare monitoring statistics for internal PAMSA forums

· Assist in assessing delegate performance under Service Level Agreements

Compliance and ESG Responsibilities

In performing regulated and unregulated activities for the firm the person will follow the Individual Conduct rules:

· Act with integrity

· Act with due care, skill and diligence

· Open and cooperative with the FCA, the PRA and other regulators

· Pay due regard to the interests of customers and treat them fairly

· Observe proper standards of market conduct

Work Experience and Qualifications

The ideal candidate will embody several of the below characteristics:

· Strong academic background and display of intellectual curiosity

· 5 to 10 years relevant financial industry experience

· Work experience in the Asset Management industry

· Understanding of fiduciary duties of fund management

· Mathematical knowledge of credit assets / financial modelling skills

Advanced programming skills in EXCEL / PowerBI / Python is essential

· Dynamic, outgoing personality and willingness to engage

· Ability to identify problems and quickly propose solutions

· Strong communication skills

· Ability to work independently

· Punctuality and awareness of time-sensitivity of task completion

· Appreciation for personal and team dynamics

· Understanding of personal accountability

Key Qualities

· Strong numerical and financial analysis abilities

· Quick, informed decision-making under supervision

· Clear communication with senior PMs, analysts, and other teams

· Open to feedback and continuous improvement

· Prioritising urgent requests without compromising accuracy

Culture (Supporting, Growing, Thriving)

· Innovative

· Committed

· Client-Focused

· Collaborative

· Entrepreneurial

· High-Performing

· Respectful

· Supportive

The duties and responsibilities described here are not exhaustive; additional assignments may be required. Duties and responsibilities may be changed at any time, with or without notice, at Pemberton's sole discretion.

Pemberton is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, colour, religion or belief, sex, gender, gender identity or expression, sexual orientation, age, disability, national origin, ancestry, citizenship status, marital or civil partnership status, pregnancy or maternity, veteran or military status, genetic information, or any other characteristic protected by applicable law. We value diversity and are dedicated to creating an inclusive environment for all employees.

This policy applies to all terms and conditions of employment, including recruitment, hiring, placement, promotion, transfer, termination, compensation, benefits, training, and development. Pemberton is also committed to making reasonable adjustments to accommodate the needs of disabled employees and applicants. All employees, managers, and those involved in recruitment or employment decisions are required to comply with this policy.

If you need a reasonable accommodation to complete your application, please contact People and Performance at

Depending on the position, you may be required to obtain certain regulatory licenses/certification if you are in a client facing role and/or if you are engaged in the following non exhaustive list:

• Attending client meetings where you are discussing products and/or and client questions; and

• Marketing funds to clients.

Note: Please speak with your Pemberton Recruiting contact with any questions.

To submit your application please complete the application form via 'Apply for this Job' below. Fields marked with a red asterisk * must be completed to be considered for employment (although some can be answered "prefer not to say"). Failure to provide this information may compromise the follow-up of your application. When you have finished click 'Submit Application' at the bottom of the application form.