Associate Director - Private Credit

Looking for all SME level Private Credit Specialists!

This role will look after a substantial book of European Private Credit (Distressed debt, Special Sits, Tactical Opportunities) across the Operations suite.

Please reach out if:

– You have substantial Private Credit experience (from a fund)

– Have covered Liquidity Reporting/ Cash Management, NAVs, Fund Administration, Loan Administration and (Private) Credit Middle Office!

ASSOCIATE DIRECTOR PRIVATE CREDIT

An exceptional opportunity has arisen for an experienced professional to join a leading global investment platform as Associate Director Private Credit, based in London. This role offers the chance to work at the heart of a highly respected alternative credit team, supporting a diverse and international investment operation with assets under management exceeding EUR 1.5BN. You will benefit from a flexible hybrid working pattern, combining three days in the office with two days working from home, ensuring you can balance your professional ambitions with personal commitments. The organisation is renowned for its commitment to wellbeing, inclusivity, and long-term career development, providing a supportive environment where your expertise will be valued and nurtured. As Associate Director Private Credit, you will play a pivotal role in fund operations, collaborating closely with teams across New York, London, and Hong Kong, and engaging with stakeholders at every level. This is a unique opportunity to further your career in private credit while enjoying generous benefits and ongoing training opportunities.

• Work within a globally recognised investment platform managing over EUR 1.5BN in alternative credit assets, offering exposure to international markets and high-profile stakeholders.
• Enjoy a flexible hybrid working arrangement that supports your lifestyle needs, with three days in the office and two days working from home each week.
• Benefit from a comprehensive Global Benefits Framework focused on wellbeing, inclusivity, and longevity, ensuring your mental, physical, and financial health are prioritised throughout your career journey.

What you'll do:

• Collaborate with internal and external stakeholders including investment teams, legal counsel, compliance officers, investor relations professionals, and client service teams to ensure seamless operational processes.
• Oversee outsourced service providers such as middle office teams, custodians, and AML specialists to guarantee accurate settlements, cash management, and profit & loss reporting.
• Conduct thorough reviews of monthly Administrator NAV Packages encompassing valuations, accruals, foreign exchange allocations, management fees, and incentive fee calculations.
• Monitor daily cash positions, money market funds exposures, and foreign exchange risks while implementing robust liquidity forecasting strategies.
• Manage collateral processes by reviewing margin calls, resolving disputes efficiently, and overseeing collateral settlements across multiple asset classes.
• Ensure data completeness and consistency for all asset classes within Administrator systems and Eze platforms through diligent oversight.
• Prepare weekly derivative profit & loss reports for key internal stakeholders and major investors on the platform.
• Maintain comprehensive valuation matrices by sourcing valuations from multiple providers at month end to support accurate fund reporting.
• Work closely alongside auditors during audit review periods by addressing complex queries related to fund operations and documentation.
• Coordinate Know Your Customer (KYC) reviews from brokers, counterparties, and service providers by providing updated documentation and ensuring adherence to compliance standards.

What you bring:

To excel as Associate Director Private Credit you will bring proven experience from hedge fund or asset management settings where you have managed complex operational tasks involving alternative credit products. Your academic background in finance-related disciplines equips you with strong analytical capabilities while advanced technical skills allow you to handle large datasets efficiently. You are comfortable engaging with senior stakeholders including Portfolio Managers thanks to your clear communication style. Your attention to detail ensures that all reporting requirements are met accurately while your understanding of diverse asset classes enables you to contribute meaningfully across different areas of fund administration. Exposure to derivatives trading or settlement mechanics further strengthens your ability to support the platform's growth objectives.

• Bachelor's degree or equivalent qualification in Accounting, Economics, Finance or a related discipline is essential for success in this position.
• Demonstrable experience within hedge fund or asset management environments is required to effectively manage complex fund operations.
• Advanced computer literacy including proficiency in Microsoft Office products; Excel VBA skills are preferred for efficient data analysis.
• Proven ability to interact comfortably with Portfolio Managers and other team members across various functions within the organisation.
• Relevant experience dealing with alternative credit products such as credit derivatives, trade receivables, CLOs or ABS is crucial for this role.
• Meticulous eye for detail ensures accuracy across all aspects of fund administration and reporting responsibilities.
• Clear and articulate communication skills enable effective collaboration across business lines and stakeholder groups.
• Analytical precision supports robust decision-making processes when reviewing valuations or managing liquidity forecasts.
• Exposure to a wide range of asset classes including derivatives enhances your ability to oversee diverse investments within the platform.
• Understanding of repo mechanics and settlement procedures provides valuable insight into operational workflows.

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