Job Title: Vice President Private Debt 

Business Unit & Team: Prime, Private Debt  

Reporting to: Head of Private Debt Co-investments 

Location: London, Hybrid 

BNP Paribas Asset Management (BNPP AM) is the asset management division of BNP Paribas Group. As of July 1, 2025, AXA Investment Managers’ (AXA IM) activities have been fully integrated into BNPP AM, creating a unified and strengthened global platform. 

BNPP AM is a leading global asset manager, leveraging the Group’s scale, stability, and expertise. We serve a diverse client base, including institutional investors, corporations, distribution partners, and retail clients worldwide. Our investment capabilities cover a broad range of asset classes, from traditional strategies like equities, fixed income, and multi-assets to alternatives such as real estate, infrastructure, private debt, and private equity. This allows us to tailor solutions to meet client objectives. 

With AXA IM’s integration, BNPP AM now ranks among Europe’s top asset managers, managing approximately €1.6 trillion in assets, with a focus on long-term savings and alternative strategies. 

Sustainability is central to our approach. We prioritize ESG and responsible investing to deliver sustainable, long-term performance while supporting environmental, social, and economic transitions. Adopting a pragmatic, long-term perspective, we aim to generate durable value for clients, employees, and the economy, backed by strong risk management and responsible finance principles. 

All figures are sourced from publicly available data as of September 2025 

Job Purpose:  

This role involves primarily analysing and structuring co-investments in Private debt investment opportunities and making investment recommendations for the Private debt portfolios across a wide range of industries, geographies (Europe and US) and instruments (unitranche, senior secured and subordinated debt). 

The selected candidate will execute co-investments in Direct Lending investments under the responsibility of the Head of Private Debt Co-investments. 

Your daily responsibilities:  

Opportunities screening 

• Reviewing new credit opportunities (direct investments, and to a lower extent LP investments and secondary trades) and quickly assessing their credit merits and associated risks, as well as key legal terms 
• Determining to what extent an investment would fit with portfolio construction objectives and targeted returns 
• Understanding ESG impact of investments and fit with AXA IM Prime targets 
• Sharing outcome of findings with rest of the team and making recommendations based on a first assessment of opportunities 

Deal execution & monitoring: 

• Run in-depth analysis of credit opportunities including review of information material and due diligence reports, assessment of key risks and mitigants, preparation of comprehensive financial modelling together with sensitivity analysis and business valuation/debt coverage 
• Assess appropriate debt structures and terms, including review of term sheets and credit term agreements 
• Prepare credit papers on the opportunity and present recommendations to portfolio manager(s) of the Private Debt funds and relevant investment committees 
• Lead and run deal process until closing of the investment, working closely with internal and external parties as appropriate (legal/ ESG/ operations/ finance/ compliance as well as external counsel and fund administrator) 
• Closely monitoring the financial performance of investments made. Perform adequate reporting and quarterly valuations on these. Also run amendments and refinancing of allocated portfolio assets 

Client relationship, reporting and fund raising: 

• Maintain relationships with third party asset managers, origination partners, management team of portfolio companies, sponsors, advisors and law firms 
• Active interaction with external and internal investors (AXA Group, BNPP AM etc.) and internal parties in relation to inter alia investment performance, market views, etc. 
• Monitor portfolio and asset performance’s impact 
• Perform control over reporting tools to ensure accuracy of data reported 
• Contribute to producing regular reporting documents to be shared with AXA IM Prime clients 

AXA IM Prime business set-up: 

• Contributing to AXA IM Prime primaries fund selection and work alongside AXA IM Prime structuring team to set-up the relevant vehicles 
• Contribute to building a best-in-class reporting tool that fits with internal and third-party requirement

We welcome different combinations of skills & experiences: 

Your qualifications and experience: 

• Master’s degree in Economics or Engineering (with applied finance) 
• Fluency in written and spoken English; Foreign languages (German, Nordics, Dutch, French) are a plus 
• Restructuring experience is also a plus 
• Proven experience in direct lending and/or leveraged finance within buy side funds/ asset managers/ banking institutions/ debt advisory firms 
• Origination experience is not essential, but strong credit acumen and execution capability are paramount. Must-have skills include credit and financial analysis, cash-flow modelling and sensitivity analysis, legal documentation review and negotiation 

Your knowledge and skills: 

• Strong team orientation with capacity for intensive independent work 
• Strong analytical skills 
• Strong writing and presentation capabilities 
• Emphasis on quality of analysis for clients 
• Strong integrity, self-starter and can-do attitude 
• Excellent Relationship management 
• Experience in running deal team on a transaction and coaching younger team members 

We would love to know more about you. Let’s connect! Send us your resume.