Alternative Operations Manager, Private Credit

Alternative Operations Manager, Private Credit Overview

• Lead 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 & Duties

• Manage 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 Requirements

• Bachelor’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.