Private Credit Operations Manager

Position Details:

Job Title: Consultant -Private Credit Operations

Location: Boston, MA or New York, NY

Duration: 6 month contract with potential extension

Pay rate: $110-110/hr

Position Summary

This role offers a unique opportunity to bring your extensive experience in private credit and fund operations to support the launch of a rated note fund. The successful candidate will serve as a senior subject matter expert, providing strategic guidance and practical support throughout the fund’s operational readiness, legal close, and go-live process. This position is highly collaborative and combines advisory and hands-on responsibilities, working closely with internal teams to develop operational documentation, establish process standards, and ensure seamless fund launch execution. The role is based in Boston, MA or New York, NY, with a hybrid work environment.

Key Responsibilities

• Collaborate with the internal team to define the target operating model for the fund, including responsibilities sharing between internal teams and the fund administrator, with sufficient detail for contractual negotiations.
• Develop operating procedures and playbooks across key workstreams, such as cash management, fund administration, periodic reporting, compliance, waterfall computation, rating agency communications, and loan servicing and reconciliation.
• Establish standards for consistent capturing and reflection of deal terms, modifications, and lifecycle events across systems.
• Advise on the internal versus outsourced responsibilities once the fund is operational and validate these decisions with relevant teams.
• Identify control points, handoffs, and exception pathways; surface risks to the readiness date; and propose practical solutions.
• Contribute to operational readiness assessments, aiding in the identification and remediation of potential gaps.
• Assist in drafting and testing service level agreements (SLAs) and oversight models, including reconciliation points, review responsibilities, and escalation procedures.
• Define and trace the data required for compliance testing, waterfall calculations, rating agency reporting, and periodic reports; collaborate with data and technology teams to ensure data integrity.
• Diagnose and recommend durable fixes for data quality issues at the structural and standards level.
• Ensure all deliverables, including procedures, playbooks, and documentation, are developed collaboratively with operational owners and validated prior to implementation.

Required Qualifications

• Over 10 years of experience in private credit operations, loan operations, fund operations, or fund administration, at an asset manager, alternative investment firm, insurance investment arm, or administrator.
• Deep knowledge of the private credit loan lifecycle, including revolving and delayed draw facilities and their operational requirements.
• Proven experience working directly with third-party fund administrators, including establishing mandates and defining oversight models.
• Demonstrated ability to produce operational procedures, playbooks, RACI matrices, and SLA documentation that are implemented in practice.
• Strong collaboration skills within complex, matrixed organizations, with the ability to effectively raise risks and incorporate stakeholder perspectives.
• Capable of managing work independently at both strategic and tactical levels while maintaining stakeholder alignment and communication.

Preferred Qualifications

• Hands-on experience with rated note fund or rated note feeder structures, including understanding compliance mechanics, waterfall models, and reporting requirements.
• Familiarity with rating agency reporting standards and requisite data support.
• Participation in fund launches with strict milestones and readiness gates prior to legal close.
• Knowledge of loan administration systems, IBOR and ABOR environments, and multi-system loan infrastructure data flows.
• Insight into private credit structures such as direct lending, syndicated loans, unitranche, and mezzanine.
• Experience with third-party administrator operating models, notably firms.
• Exposure to systems such as WSO, eFront, Allvue, or similar platforms.
• Additional useful experience includes restructures, workouts, distressed exchanges, and familiarity with AI tools like ChatGPT, Claude, or Gemini for process analysis and data pattern recognition.
• Professional credentials such as CPA or CFA are considered advantageous.

Dexian is an Equal Opportunity Employer that recruits and hires qualified candidates without regard to race, religion, sex, sexual orientation, gender identity, age, national origin, ancestry, citizenship, disability, or veteran status

Salary : $110