Senior Associate (AVP)- Credit & ABL Ops

Our client, a growing private credit and alternative investment platform, is seeking a Senior Associate/AVP to join there growing team in New York or South Florida. This person will support the firm's CLO and Asset-Based Lending (ABL) activities, with a focus on reviewing borrowing base certificates, monitoring collateral performance, reconciling facility activity, and ensuring accurate reporting. The role works closely with portfolio management, investment professionals, external administrators, trustees, and lending counterparties.

Responsibilities:

• Review and validate borrowing base certificates and analyze eligible collateral, including receivables and inventory.
• Review advance rates, reserves, exclusions, concentration limits, and borrowing base availability.
• Identify discrepancies and potential deficiencies, escalating issues where appropriate.
• Support day-to-day operations of CLOs, credit facilities, and structured finance transactions.
• Monitor revolver fundings, paydowns, repayments, and cash movements.
• Coordinate with administrators, trustees, loan agents, and other service providers.
• Partner with investment, portfolio management, finance, and legal teams and help improve processes and controls.

Requirements:

• 5+ years of experience in credit operations, ABL operations, private credit, commercial lending, or structured finance.
• Direct experience reviewing borrowing base certificates or monitoring borrowing base availability.
• Understanding of collateral eligibility, advance rates, reserves, and secured lending structures.
• Familiarity with revolving credit facilities and loan administration.
• Strong Excel skills and attention to detail.
• Private credit, alternative asset manager, ABL lender, or commercial bank experience preferred; CLO exposure a plus.