Investment Manager (Direct Lending/Private Credit)(m/w/x)

# DWS - Investment Manager (Direct Lending/Private Credit) (m/f/d) **Frankfurt Weserst 54/Mainz Landst 11-17** | **Full time** ## Job Description: **Team / division overview** The DWS Alternatives business is a diversified set of business activities with approximately EUR 130bn in assets under management in strategies including Private Real Estate, Private Infrastructure, Private Credit, Liquid Real Assets (Real Estate/Infrastructure and Commodity Securities) and Sustainable Investments.  The global team invests on behalf of a global client base that includes governments, corporations, institutional investors, as well as a growing UHNW investor group. Private Credit is a key growth pillar of the EUR 115bn DWS Alternatives franchise.  The Private Credit platform aims to build diversified portfolios across direct lending, leveraged loans, capital solutions, asset-based finance and structured credit that deliver attractive risk-adjusted returns with a focus on capital preservation to a broad spectrum of investors including governments, corporations, insurance companies and private clients. As part of the Corporate Credit/Direct Lending Strategy you will be at the heart of a strategic initiative in Germany/Europe, leveraging your expertise in corporate credit portfolio management to provide tailored investment solutions to our investments. **Role Details** As an Investment Manager for Corporate Credit/Direct Lending (m/f/d), you will: * Working in close partnership with the Direct Lending origination capabilities of Deutsche Bank, and conducting detailed financial analysis of cash flows, financial statements and ratios to assess the structure and credit worthiness of transactions into DWS investment portfolios * Evaluating credit risks across multiple factors such as industry trends, markets conditions and potential borrowers operating environment * Performing detailed due diligence on potential borrowers including the review of legal documentation, contracts and other relevant information impacting credit decisions * Developing and utilising financial models to simulate different scenarios, assess potential risks and project future performance of borrowers * Jointly prepare and present investment committee memorandums to the Investment Committee * Conducting detailed valuation analysis and monitoring investments and sector trends to ensure adherence to clients’ investment needs, objectives, and constraints and providing customized investment offerings where necessary * Uphold the fiduciary concept without exception and meet clients’ needs, including communications, performance reporting, and handling ad hoc requests * Engage actively in investment discussions and stay informed about investment committee/CIO office views and asset allocations * Establish and maintain a long-term performance record for managed products and accounts We are looking for: * Proven experience of Private Credit, with a focus on Direct Lending and corporate underwriting, gained at a credit fund, commercial or investment bank, hedge fund or mezzanine fund * Experience of Venture debt and restructuring would be beneficial * Strong technical analysis skills, with experience of conducting detailed due diligence and financial modelling of private credit investment opportunities * Solid experience of Investment Committees and the associated preparation of materials to support their processes * Experience of effectively managing risk controls within an investments environment, with sound experience around the fiduciary duty of care and diligence * Ability to effectively communicate with external clients * Educated to degree level in a Finance related discipline from an accredited college or university (or equivalent) or an acceptable level of industry experience * Fluent in German and English (written and spoken) is essential Posting period: 21.5.2025 until further notice **What we’ll offer you:** Without the ambitions of our people, our achievements wouldn’t be possible. And it’s important to us that you enjoy coming to work - feeling healthy, happy and rewarded. At DWS, you’ll have access to a range of benefits which you can choose from to create a personalised plan unique to your lifestyle. Whether you’re interested in healthcare, company perks or are thinking about your retirement plan, there’s something for everyone. **Some of our core benefits:** * Physical and Mental Health Well-Being benefits including (but not limited to) Statutory Health Insurance (BKK), sickness benefit allowance and support helplines for employees * Family friendly benefits including generous parental leave packages (supporting all variations of family set-ups) and support in finding childcare options including DWS’s own kindergarten service * A wide selection of pension plans, Personal Budget Accounts to enable sabbaticals or early retirement and capital-forming benefits * The opportunity to support our CSR strategy which is focused on combatting climate change & achieving greater social justice. You can make donations to our partnered organisations or take part in corporate volunteering opportunities in your local communities by providing on hand support. * Mobility services, such as a subsidized Germany ticket and offers for company cars and JobRad DWS’ current Hybrid Working model is designed to find the balance between in-person collaboration & engagement in the office, which is core to our working culture, whilst still remaining focused on supporting our employees with flexibility. We are committed to support flexible and hybrid working agreements across the globe. Depending on the location or role you are applying for, the split between working in the office and at home will be discussed and made clear as part of your application and interview process. We will continue to review and evolve our working environments and methods to ensure that we are working in the best way possible for our people. If you require any adjustments or changes to be made to the interview process for any reason including, or related to a disability or long-term health condition, then please contact your recruiter and let us know what assistance you may need. Examples of adjustments include providing a change to the format of the interview or providing assistance when at the DWS office. This will not affect your application and your recruitment team will discuss options with you. ---------