Summary
Global Credit’s Operations Team supports the operational needs of all strategies across the credit platform. The Private Credit Operations team is focused on our Middle Market, Opportunistic, Structured Solutions, Insurance Solutions, and Real Assets business lines. The team works closely with investment professionals, finance, legal, investor relations, and a variety of external counterparts on new… >>>
Company Information:
The firm is a multinational private equity, alternative asset management and financial services corporation based in the United States with over $300 billion of assets under management. It specializes in private equity, real assets, and private credit. It is one of the largest mega-funds in the world.
Job Description:
Global Credit’s Operations Team supports the operational needs of all strategies across the credit platform. The Private Credit Operations team is focused on our Middle Market, Opportunistic, Structured Solutions, Insurance Solutions, and Real Assets business lines. The team works closely with investment professionals, finance, legal, investor relations, and a variety of external counterparts on new fund launches, deal execution, and ongoing asset operations.
The Head of Private Credit Operations will report directly to the Head of Operations and oversee a growing team of operations professionals dedicated to the Private Credit strategies.
Primary Responsibilities:
Team Leadership and Development: providing strong leadership and guidance to the growing team of operations professionals. The right candidate will be a culture carrier within the firm, advocate for the team, and build upon the strong team dynamics that exist today.
Relationship Management: Develop and maintain strong working relationships with internal and external stakeholders, including investment professionals of all levels, borrowers, sponsors, and service providers.
Process Development: Continue to innovate and expand our operational capabilities to enhance current state and build for the future. This includes strategic technology initiatives, outsourcing opportunities, and process redesign.
Oversight of Deal Execution process and settlements across all Private Credit strategies, including allocation of deals, co-investment processes, and funding mechanics.
Oversight of cash and position reconciliation processes on a daily basis
Lead the annual audit process, together with the Fund CFOs, for all private credit funds
Review and update control narratives, and conduct walkthroughs for the SOC1, SOX, and Internal Audit reviews
Respond to ODD Questionnaires and participate in due diligence sessions with existing and prospective investors and consultants
Facilitate new fund and client onboarding by participating in working groups, working with counsel, and creating proper data flows to all relevant parties.
Work closely with the Head of Data Management to ensure accurate and complete data is captured in internal systems
Expand Global Credit’s treasury management capabilities by centralizing and standardizing cash management and other treasury functions
Partner with Liability Management and Portfolio Management to structure and close Leverage Facilities ensuring that all operational needs are contemplated.
Develop and design reporting for internal and external consumption
Requirements / Qualifications:
Education & Certificates
Bachelors Degree in Finance, Accounting, Economics or related field required
Masters Degree, CFA, or CPA preferred
Professional Experience
12+ years of credit operations experience required
Private Credit experience strongly preferred
Proven track record of managing teams and processes
Experience with project management and strategic planning
