Manager - Private Credit Operations


Division

Financial Services

Location

New York, New York

Employment Type

Permanent



SHARE THIS JOB
 

15B+ and growing alternative credit platform is looking to fill a newly created role that will help develop and manage all operational processes to support a new fund launch (private credit strategy).


Compensation : $150000 - $200000
Job ID : 26113

Job Function:

  • Support firm's Private Credit investment team with settlement oversight and life cycle management on private/originated loan transactions
  • Provide necessary oversight and serve as an escalation point to outsourced provider performing back office related functions (settlements, asset setup, waterfall calculations, P&I processing, etc.)
  • Educate service providers and internal partners on deal mechanics and structuring
  • Assist with complex loan amendments and restructurings
  • Manage cross-functional projects to improve specific processes
  • Develop accurate controls and oversight for the private loan investments across organization
  • Assist with the operational aspects of bespoke loan financings

 



Job Requirements:

  • Minimum of 7 years of Operations experience supporting private credit operations
  • Solid understanding of loan based products, ideally term loans, revolvers, delayed draw, private originated debt
  • Ability to pull out key terms from credit facility documentation and explain deal structuring
  • Solid understanding of fund accounting across complex asset classes
  • Excellent written and verbal communication skills, suitable for client meetings
  • Proven track record managing complex securities and processing tasks, particularly with financing instruments and strategies
  • Working knowledge of Excel and Bloomberg essential.
  • Familiarity with SQL and database query tools a plus.

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.

 

#LI-BH1

26113