17 ΡΠ°ΡΠΎΠ² Π½Π°Π·Π°Π΄
Senior Associate, Alternative Operations
125Β 000 - 140Β 500$
ΠΡΡΡ & Π‘ΠΎΠΏΡΠΎΠ²ΠΎΠ΄
ΠΠ»Ρ ΠΌΡΡΡΠ° Ρ ΡΡΠΎΠΉ Π²Π°ΠΊΠ°Π½ΡΠΈΠ΅ΠΉ Π½ΡΠΆΠ΅Π½ Plus
ΠΠΏΠΈΡΠ°Π½ΠΈΠ΅ Π²Π°ΠΊΠ°Π½ΡΠΈΠΈ
Π’Π΅ΠΊΡΡ:
TL;DR
Senior Associate, Alternative Operations (Private Credit and Alternative Investments): Managing settlement, lifecycle processing, and reporting for private and originated loan investments, preferred equity, and bespoke financing structures with an accent on credit documentation, loan accruals, and operational controls. Focus on interpreting complex credit agreements, executing amendments and restructurings, coordinating service providers, and improving workflows for alternative investment operations.
Location: New York, NY or Austin, TX, USA
Salary: $125,000β$140,500 per year, plus discretionary bonus
Company
is an investment management firm focused on active fixed income, private credit, and alternative investment strategies across public and private markets.
What you will do
- Manage settlement oversight and full lifecycle operations for private and originated loan trades, loan-based financings, preferred equity, and bespoke structures.
- Coordinate deal settlement, funding, wire instructions, cash movements, loan amendments, restructurings, share conversions, and other non-standard lifecycle events.
- Review credit agreements and operationalize accrual mechanics, indices, payment schedules, maturities, and other key terms.
- Oversee outsourced service providers handling settlements, asset setup, waterfall calculations, P&I processing, reconciliations, document custody, and related back-office functions.
- Partner with Portfolio Managers, Account Managers, Alternatives Finance, custodians, vendors, and banking institutions on reporting, cash management, and client support.
- Lead process improvement initiatives, including Appian workflow development, control enhancements, service upgrades, and special projects.
Requirements
- Bachelorβs degree and at least five years of relevant operations experience across private or directly originated debt and/or equity.
- Strong knowledge of term loans, revolvers, delayed draws, privately originated debt and equity, loan agency functions, settlement, amendments, restructurings, and complex control or pledge agreements.
- Hands-on experience reviewing credit agreements, calculating interest and accruals, and explaining deal mechanics to internal stakeholders and service providers.
- Experience with transfer agents, separately managed accounts, private equity and hedge fund structures, alternative financing arrangements, waterfalls, and total return swaps.
- Understanding of fund accounting and lifecycle-event accounting, including principal and interest, expenses, and capital contributions or distributions.
- Proficiency in Excel and experience managing custody, accounting, and other external service-provider relationships.
Culture & Benefits
- High-performance and inclusive culture centered on collaboration, openness, responsibility, and excellence.
- Total compensation includes a fixed base salary and a discretionary performance-based bonus.
- Opportunity to support strategic initiatives across alternative investment operations and financing.
ΠΡΠ΄ΡΡΠ΅ ΠΎΡΡΠΎΡΠΎΠΆΠ½Ρ: Π΅ΡΠ»ΠΈ ΡΠ°Π±ΠΎΡΠΎΠ΄Π°ΡΠ΅Π»Ρ ΠΏΡΠΎΡΠΈΡ Π²ΠΎΠΉΡΠΈ Π² ΠΈΡ ΡΠΈΡΡΠ΅ΠΌΡ, ΠΈΡΠΏΠΎΠ»ΡΠ·ΡΡ iCloud/Google, ΠΏΡΠΈΡΠ»Π°ΡΡ ΠΊΠΎΠ΄/ΠΏΠ°ΡΠΎΠ»Ρ, Π·Π°ΠΏΡΡΡΠΈΡΡ ΠΊΠΎΠ΄/ΠΠ, Π½Π΅ Π΄Π΅Π»Π°ΠΉΡΠ΅ ΡΡΠΎΠ³ΠΎ - ΡΡΠΎ ΠΌΠΎΡΠ΅Π½Π½ΠΈΠΊΠΈ. ΠΠ±ΡΠ·Π°ΡΠ΅Π»ΡΠ½ΠΎ ΠΆΠΌΠΈΡΠ΅ "ΠΠΎΠΆΠ°Π»ΠΎΠ²Π°ΡΡΡΡ" ΠΈΠ»ΠΈ ΠΏΠΈΡΠΈΡΠ΅ Π² ΠΏΠΎΠ΄Π΄Π΅ΡΠΆΠΊΡ. ΠΠΎΠ΄ΡΠΎΠ±Π½Π΅Π΅ Π² Π³Π°ΠΉΠ΄Π΅ β
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