Associate Director, Private Credit

Apis & Heritage is a leading investment firm with a unique employee ownership focused strategy and clear mission. We are seeking a dynamic and highly motivated Associate Director to join our existing Investment team as we deploy our second committed fund. This position will play a key role across the full investment lifecycle, including originations, due diligence, execution, and post-close portfolio management, with a focus on credit underwriting.

The ideal candidate will be able to lead underwriting on a range of credit opportunities, make a positive impact on the investment process and support a growing portfolio of firms.

Location

Washington, DC Office (Hybrid schedule; candidates must be based in the DC metropolitan area or willing to relocate, as regular in-office presence is required)

Firm Type

Lower Middle-Market Private Credit

Salary

Estimated base salary range: $175,000 to $200,000 plus discretionary bonus

Industry Focus

Industrial, Consumer, Food & Beverage Production, Transport & Logistics, Healthcare, Building Services (e.g. HVAC, Janitorial, Electrical, etc), Supermarkets, Manufacturing

Key Responsibilities

• Lead underwriting for new potential investment opportunities as they are identified

• Drive modeling and diligence for opportunities that progress through the deal funnel across a number of industries

• Produce and present screening and investment memorandum for internal and investment committee meetings

• Support deal execution, including diligence, structuring, documentation and closing

• Serve as a point of contact for commercial banking partners and portfolio finance teams

• Manage post-close portfolio monitoring and performance tracking

• Work closely with senior leadership in a flat, entrepreneurial environment to shape investment strategy and team development

Requirements

• 5+ years of experience in commercial bank lending, direct lending, business banking, transaction advisory, private credit, private equity, investment banking or related field

• Demonstrated success underwriting lower middle market credit opportunities

• Excellent financial modeling, analytical, and communication skills

• Excellent interpersonal and communication skills; persuasive, confident, and articulate

• Strong commercial judgment and ability to quickly evaluate complex business and financial matters

• Self-starter with an entrepreneurial mindset and a hands‑on, team‑oriented approach

Benefits

• Health Care Plan (Medical, Dental & Vision)

• Retirement Plan (401k, IRA)

• Life Insurance (Basic, Voluntary & AD&D)

• Paid Time Off (Vacation, Sick & Public Holidays)

• Family Leave (Maternity, Paternity)

• Short Term & Long Term Disability

• Training & Development

• Wellness Resources

Why Join Us

• Opportunity to be a key member of a growing, supportive, and collaborative Social Impact-oriented Private Investment team with a long-term investment horizon and operational focus

• High degree of visibility and impact, with a mandate to help shape and scale the firm’s investment engine

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