VP Private Debt Operations (Hybrid, 2-3 days in office)
A leading credit-focused alternative asset management firm, located in Boston, is actively seeking a seasoned VP of Private Debt Operations to join their team! This person should have a strong background in financial services with an extensive knowledge of leveraged loans. They will be responsible for overseeing and managing the day-to-day activities of the Private Debt Ops team and portfolios. If you’re interested in the VP of Private Debt Ops role, please keep reading.
Responsibilities:
- Oversee daily roll-forward of credit facility borrowing bases (subscription, ABL, corporate revolver), monthly and quarterly reporting, covenant compliance, and waterfall process
- Coordinate downstream flow of information on new deal closings and credit amendments to ensure accurate processing in internal and external systems
- Manage cash accounts to maintain target cash balances and ensure sufficient liquidity for daily needs, coordinate with front office on longer term liquidity forecasting
- Optimize and oversee back-end management of Admin Agency business – admin fee billing, UCC/insurance certificate tracking, spread grid rate monitoring, etc.
- Directly manage overseas resources in Poland and India to accomplish goals of the operations team
- Day to day management of 3rd party custodian and leverage provider relationships in coordination with COO of Private Debt
Qualifications:
- 7-10+ years of experience within financial services, preferably with credit experience
- Experience with leveraged loans and leverage facilities preferred
- Ability to partner and communicate effectively across an organization including with technology, finance, portfolio analytics, portfolio management, and deal team
- Strong Microsoft Office skills are required
- Proven record of project management/oversight with strong communication skills
This is a full-time opportunity that is offering 120-170K base, depending on experience, plus bonus and a hybrid work schedule. If you’re interested in the VP of Private Debt Operations role, please submit your resume to Hali Siegel at hsiegel@daleyaa.com.
#LI-HS1