Credit Operations Associate

Job Responsibilities

• Support the end-to-end operational lifecycle of private credit investments, including direct lending, asset-based finance, and structured credit transactions.
• Cook up transaction closings by reviewing executed legal documentation and ensuring accurate setup across internal investment and operational platforms.
• Manage loan settlements, funding events, principal and interest payments, fee calculations, amendments, restructurings, and loan payoff activities.
• Maintain and reconcile loan positions, investment records, and cash movements across portfolio accounting and loan administration systems.
• Perform daily cash and position reconciliations while investigating and resolving operational discrepancies in a timely manner.
• Monitor covenant reporting schedules, borrowing base updates, and servicing obligations received from borrowers, agents, and administrators.
• Coordinate with external administrators, custodians, trustees, loan agents, and fund accountants to facilitate accurate and timely transaction processing.
• Partner with Treasury to support funding requirements, liquidity management, and cash forecasting activities.
• Aid in month-end, quarter-end, and year-end reporting, including NAV support, portfolio valuation processes, audit requests, and financial reporting.
• Assist with new product launches, operational initiatives, system implementations, and workflow automation projects.
• Develop, document, and maintain operational procedures, internal controls, and best practices to strengthen the firm's operating environment.
• Identify operational risks and recommend scalable solutions that improve efficiency, accuracy, and overall operational effectiveness.
• Collaborate closely with Investment Professionals, Portfolio Management, Legal, Finance, Treasury, Technology, and Compliance teams to support ongoing business initiatives.

Job Requirements

• Bachelor's degree in Finance, Accounting, Economics, Business Administration, or a related field.
• 5-10 years of operations experience within private credit, direct lending, leveraged finance, structured finance, loan administration, or alternative asset management.
• Strong understanding of private credit products, syndicated loans, direct lending structures, and debt servicing workflows.
• Hands-on experience with portfolio accounting, loan administration, or investment operations platforms such as Allvue, WSO, Geneva, Solvas, Clearwater, or similar systems.