Alternative Operations Manager, Private Credit

Job DetailExperience Level ManagerDegree Type Bachelor of Science (BS)Employment Full TimeWorking Type HybridJob Reference 0000019185Salary Type AnnuallyIndustry Asset ManagementSelling Points Lead operational excellence in private credit portfolios, driving impactful improvements. Collaborate with cross-functional teams to enhance lifecycle management and controls. Thrive in a dynamic, hybrid work environment fostering innovation.Job DescriptionAlternative Operations Manager, Private Credit OverviewLead operational management for private credit portfolios, focusing on bespoke structures and distressed credit scenarios.Collaborate with cross-functional teams to ensure seamless lifecycle management and settlement processes.Enhance operational controls and drive process improvements aligned with strategic goals.Serve as the primary contact for complex restructures and credit agreement interpretation.Engage with external service providers to optimize operational efficiency and service quality.Develop and maintain detailed documentation and workflows for diverse product structures.Contribute to a collaborative and dynamic work environment, fostering innovation and excellence.Support strategic projects that align with organizational initiatives and growth objectives.Alternative Operations Manager, Private Credit Key Responsibilities & DutiesManage operational coverage for distressed credit portfolios, including settlement and funding coordination.Oversee outsourced service providers handling back-office functions and reconciliations.Interpret credit agreements to operationalize terms such as accrual mechanics and payment schedules.Respond to detailed inquiries from internal stakeholders and client-facing teams.Educate partners and service providers on deal mechanics and structuring nuances.Support amendments, restructurings, and conversions with precise operational execution.Collaborate with finance teams on cash management and fund development requirements.Enhance controls and oversight for non-standard alternative transactions.Partner with technology teams to optimize systems and align business needs.Alternative Operations Manager, Private Credit Job RequirementsBachelor’s degree in a relevant field is required.Minimum of 8 years of experience in private credit operations or related fields.Strong knowledge of loan-based products, including term loans and revolvers.Proficiency in interpreting credit agreements and managing accruals and payments.Experience with private equity fund frameworks and alternative investments.Advanced Excel skills for data analysis and reporting.Proven ability to manage complex securities and operational tasks effectively.Excellent organizational and project management skills to handle multiple initiatives.Strong communication skills to foster collaboration and stakeholder engagement.