Manager of Debt Operations
A leading credit-focused alternative asset management firm is seeking a VP of Operations to direct day-to-day operations for their Private Debt Operations team and portfolios. This person will bring a strong background in the financial services industry, including knowledge of leveraged loans. This person will report to the COO.
Responsibilities include but are not limited to:
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Oversee daily roll-forward of credit facility borrowing bases (subscription, ABL, corporate revolver), monthly and quarterly reporting, covenant compliance, and waterfall process
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Coordinate downstream flow of information on new deal closings and credit amendments to ensure accurate processing in internal and external systems
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Manage cash accounts to maintain target cash balances and ensure sufficient liquidity for daily needs, coordinate with front office on longer term liquidity forecasting
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Escalation contact for daily inquiries from admins, custodians, and various third parties
Qualifications:
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7-10+ years of experience within financial services, preferably with credit experience
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Experience with leveraged loans and leverage facilities preferred
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Ability to partner and communicate effectively across an organization including with technology, finance, portfolio analytics, portfolio management, and deal team
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Strong Microsoft Office skills are required
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Proven record of project management/oversight with strong communication skills
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Team player with the ability to build strong relationships at all levels within the firm
This position offers a hybrid 3-day in-office work schedule. If you’re interested in learning more about this opportunity, please submit your resume directly to Tim Fitzgerald at tfitzgerald@daleyaa.com.
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