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Private Credit Operations

Robert Walters
Posted 7 hours ago, valid for 15 days
Location

London, Greater London EC1R 0WX

Salary

£400 - £500 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • This role is for a Private Credit Operations Specialist with a salary of £60,000 located in London.
  • The candidate must have a minimum of 5 years of experience in Private Debt, specifically in areas like Distressed Debt, Special Situations, or Leveraged Loans.
  • The position involves setting up operations processes from scratch, including loan administration, cash management, and fund administration.
  • A proven track record with a Loan Management System and experience in delivering process improvements is essential.
  • This opportunity allows for significant ownership and the chance to shape the operations function within a boutique private debt fund.

This is an excellent opportunity for someone ready to take ownership and create an Operations Function from the ground up within a Boutique Credit Manager.

Past experience working within Private Debt (Distressed Debt, Special Situations & Leveraged Loans) Operations is a "must have", preferably including some Treasury / Cash Management and Funding experience alongside ample process enhancement and Loan Management System experience.

PRIVATE CREDIT OPERATIONS SPECIALIST

Salary: £60,000Location: London

Keywords: Private Debt, Loan Administration, Cash Management, Reconciliations, Payments, Rate Fixings, Rollovers, Drawdowns, Data Management, Fund Administration

An exciting opportunity has arisen for a seasoned Private Credit Operations Specialist in the heart of London. This role is the first operational hire in a boutique private debt fund, with the need to support front office origination teams by taking ownership of the day-to-day running of the portfolio. The successful candidate will be responsible for setting up private debt operations processes including loan administration, cash management, reconciliations, payments, rate fixings, rollovers, drawdowns, data management, and fund administration.

* First operational hire in a boutique private debt fund* Opportunity to set up private debt operations processes from scratch* Competitive salary package of £60,000

What you'll do:

As a Private Credit Operations Specialist, your primary responsibility will be to support front office origination teams by managing the day-to-day running of the portfolio. You will take full ownership of the Loan Management System and establish best practices. Your role will encompass a wide range of tasks including loan administration, treasury functions management and fund administration. You will also maintain oversight of third parties.

* Take full ownership of the Loan Management System and establish best practices and all processes.* Administer loans including processing rollovers, drawdowns, rate fixings.* Review credit & facility agreements and handle payments and reconciliations.* Manage treasury functions including cash management, intra-day liquidity, funding, payments, cash & nostro reconciliations, settlements.* Oversee fund administration and NAVs.* Maintain oversight of third parties.

What you bring:

The ideal candidate for this Private Credit Operations Specialist role will bring a wealth of experience in private debt. You should have past coverage including distressed debt, special situations or leveraged loan offerings. A proven track record working with a Loan Management System is essential. You should also have delivered process improvements and supported wider projects in the past as well as delivering on BAU Operational tasks.

* Minimum 5 years' experience working in Private Debt.* Past coverage including: Distressed Debt, Special Situations or Leveraged Loan Offerings.* Proven experience working with a Loan Management System.* Track record of delivering process improvements and supporting wider projects.* Experience in delivering on both Project and BAU Operational tasks.

What sets this company apart:

This is an exceptional chance to join a business at the very start of their growth plan. The successful candidate will have the unique opportunity to take ownership of the Operations team at creation stages and enjoy the 'green fields' environment. This role offers an unparalleled opportunity to build processes from scratch.

What's next:

Ready to take your career to new heights? Apply today!

Apply today by clicking on the link. We look forward to receiving your application.

Robert Walters Operations Limited is an employment business and employment agency and welcomes applications from all candidates

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.