Private Credit Middle Office Associate

This role is part of a team within the Private Debt and Credit Alternatives Operations platform, which provides relevant operational support to it’s overall funds and mandates portfolio. The position is ideal for a motivated individual with previous, operational experience.

Key Responsibilities

Oversight, control and quality assurance:

· Ensure oversight and control mechanisms in terms of quality and accuracy in the execution of middle office tasks such as:

o Oversee the services provided by service provider teams (internal and external) incl. support in DD’s and review on SLA’s

o Investment activity support: Support the acquisition of new private transactions by assisting the investment & operations team in the execution process.

o Manage counterparty due diligence, subscription documentation and KYC requests for new and existing private credit investments, ensuring required documentation is complete.

o Coordinate with investment, legal, operations and external counterparties on funding mechanics, settlement conditions, asset delivery requirements and post-close operational handover.

o Support new product launches, system enhancements and operating model changes by defining requirements and confirming that processes operate as intended.

o Coordinate custody operations, including settlement queries, private loan funding cash instructions, credit facility cash instructions and timely follow-up of outstanding items.

o Support loan administration activities, including instructing return of capital and income bookings for private deals and monitoring loan lifecycle events.

Valuation, pricing and performance oversight:

· Support security fair value pricing processes by coordinating inputs, reviewing valuation support, tracking approvals and ensuring pricing outputs are reflected accurately in relevant systems.

· Support performance monitoring and delivery by reviewing performance data, PCAP statements, private fund performance outputs and related reporting before distribution to stakeholders.

Data Management and Reporting:

· Maintain accurate records of activities in internal systems. Ensure relevant data governance & controls across all platforms, bespoke tools and processes.

· Generate and distribute regular and ad-hoc reports on data accuracy and effective control environment.

· Coordinate benchmark setup requests and related reference data requirements to support performance and reporting processes.

Risk Management and Compliance:

· Support risk management activities by providing timely updates on potential issues.

· Ensure compliance with all relevant regulatory requirements and work with others to ensure Schroder group policies are adhered to and that existing procedures/practices and processes are refined to reduce operational risk and internal policies.

· Collaborate with the compliance team to implement and monitor adherence to established guidelines.

Operational Efficiency:

· Identify and implement process improvements to enhance efficiency and reduce operational risk.

· Develop and maintain best practices for middle office operations in the context of PDCA (initially focused on Securitized Products & Asset backed Finance).

· Provide training and support across PDCA on operational processes and systems.

· Complete other ad-hoc projects and tasks from time to time.

Stakeholder Communication:

· Act as a central point of contact for all middle office-related inquiries from internal and external stakeholders.

· Build and maintain strong working relationships with investment teams, operations, corporate functions, further internal and external service providers, etc.