I’m looking at opportunities within private debt/private credit at the Director level (10+ YOE with CFA required). What base salary range is acceptable? I have no visibility on variable pay. Thanks

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Depends on the nature of the firm. Are you looking at a buy side opportunity or a place that does securitizations and sells to credit funds? It could be a big difference. depending on hierarchy “Director” means different things at different places. For 10+ YOE I’d guess you’re in the $250+ base range. Variable comp would depend on production. If you’re on the buy side, youd get a portion of the fees (origination, monitoring, success, etc) and carried interest derived from your investments. If you’re on the sell side then you get a cut of underwriting fee generation and commission from positive spreads. Not sure on what % is “typical” though

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