Associate - Private Credit Operations

Our client is hiring an Associate to join their team, in NY! The Direct Lending Operations team supports all middle-office functions of our Private Credit business including but not limited to deal closings, portfolio management support, portfolio transactions/ trade settlement & execution, investors services, capital calls/distributions, reporting, payments and reconciliation. This is a hybrid position requring 3-4 days in office.

Job Function

• Close deals and manage execution processes.
• Draft assignments and coordinate with counterparties and agents to ensure timely settlement.
• Escalate and resolve any positional or payment discrepancies daily.
• Collaborate with third-party administrators and custodians to maintain accurate portfolio data and reconcile payments.
• Assist with monthly and quarterly reporting for commingled funds, BDCs, SMAs, and CLOs.
• Support various internal teams with ad hoc requests as needed.
• Drive improvements to enhance operational efficiency across all functions.
  
  
  

Job Requirements

• Bachelor’s degree in Finance, Accounting, Economics, or a related business field.
• 3 - 7 years of experience in loan or credit operations.
• Experience in buyside private credit or direct lending operations is highly preferred.
• Knowledge of loan products and familiarity with IVP, Clearpar, Black Mountain Everest, Nexen, and CorPro is a plus.
• Experience with leveraged facility borrowing and/or CLO compliance and administration is advantageous.
  
  
  

Disclosure: The hourly rates and/or salaries listed may or may not reflect total compensation packages including bonus and fringe benefits, etc., nor are the advertisement(s) posted a guarantee of a certain compensation package for a position or bona fide offer of employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

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