Commercial Due Diligence Associate and Senior Associate
Commercial Due Diligence Associate / Senior Associate
New York
About Alpha FMC
Founded in London in 2003, Alpha FMC is a leading global consulting firm specializing in the financial services industry. Our 1,500+ consultants work across 19 offices worldwide, combining deep sector expertise with hands-on delivery to support more than 970 clients across asset management, wealth management, insurance, and broader financial services.
We are expanding our Commercial Due Diligence (CDD) offering within the Strategy & Deals team and are seeking experienced professionals to support high-profile buy-side and sell-side engagements for Private Equity investors and corporate clients. Our engagements deliver rigorous market, competitive, and commercial insight — enabling investors to make well-informed transaction decisions.
Level Guidance
We are open at both the Associate and Senior Associate level, depending on candidate experience:
- Associate (A):1+ years of relevant experience.
- Senior Associate (SA): 3+ years of relevant experience.
Key Responsibilities
The responsibilities below apply across both levels; Senior Associates are expected to take greater ownership of workstream and client delivery.
Engagements
- Lead individual workstreams within CDD and growth-strategy projects, including market sizing, competitor benchmarking, and customer/expert research.
- Manage and analyze qualitative and quantitative data sets (market data, financials, interviews, surveys) to develop actionable, investor-grade insights.
- Support hypothesis development and contribute to client deliverables with clear, compelling storylines that stand up to IC scrutiny.
- Integrate data-driven and AI-supported analytics to enhance speed and depth of insight.
Client & Stakeholder Management
- Engage directly with clients and expert networks to gather market intelligence.
- Support client communications such as engagement updates and responding to requests.
- Structure and present conclusions clearly to both technical and non-technical audiences.
Team & Practice
- Supervise and coach junior team members, ensuring high-quality outputs and knowledge sharing.
- Contribute to internal knowledge development and business development efforts, including proposals and thought leadership.
What We're Looking For
- 1+ to 3+ years of relevant experience in commercial due diligence (see Level Guidance above.)
- MBA preferred (or equivalent advanced degree/experience) for Senior Associates.
- Strong analytical and problem-solving skills; comfort with both qualitative and quantitative analysis.
- Excellent communication skills (written and verbal), with the ability to distill complex findings into clear insights.
- Ability to thrive in a fast-paced, project-based environment with tight deadlines.
- Interest in financial services and private equity transactions.
- Familiarity with adjacent workstreams, such as operational due diligence and value creation, is advantageous.
What We Offer
- Opportunity to work directly with senior leaders and blue-chip clients in the financial services and private equity sectors.
- Entrepreneurial, collaborative environment with significant responsibility early on.
- Ability to work on projects for clients across North America and Europe.
- Lower client-travel requirements than traditional consulting firms.
- Competitive salary with annual profit-sharing opportunity and a clear path for career progression.
- 401(k) matching.
- 25 days of annual paid time off.
- Supplemented medical, dental, and vision coverage.
- Comprehensive training and development programs, including support for professional qualifications such as the CFA and IMC.
There are a wide range of factors that are considered in making compensation decisions including but not limited to - skill sets, experience and training, and licensure and certifications. The base salary range for this position is: $105,000 to $195,000 and is subject to change based on salary benchmarking. In addition to this salary, employees would be eligible for both variable and non-variable benefits.
Skills Required
- 1+ years relevant commercial due diligence or related experience (Associate level)
- 3+ years relevant commercial due diligence or related experience (Senior Associate level)
- MBA or equivalent advanced degree/experience (preferred for Senior Associate)
- Strong analytical and problem-solving skills, both qualitative and quantitative
- Excellent written and verbal communication; distill complex findings clearly
- Ability to thrive in fast-paced, project-based environment with tight deadlines
- Interest in financial services and private equity transactions
- Familiarity with operational due diligence and value creation
- Experience supervising or coaching junior team members
- Ability to integrate data-driven and AI-supported analytics into analyses
What We Do
Alpha Alternatives (formerly Lionpoint Group) is the specialist alternatives consulting division of Alpha FMC, dedicated to creating value for private markets clients—including Private Equity, Private Debt and Liquid Credit, and Real Assets and Infrastructure—through advisory support, technology optimization, and process transformation. With hundreds of specialist consultants in key markets globally, we deliver solutions across the entire program lifecycle, helping over 300 clients navigate complex operational and technology challenges across all areas of their business, from front to back office, to achieve their business objectives.








