Senior Associate, Alternative Operations — Private Credit

PIMCO; United Kingdom; On-site; GBP 90,300 - 135,450; Full time

Job summary

PIMCO is seeking a Senior Associate, Alternative Operations, to support the Special Situations Group and Insurance‑Linked Strategies. The role centers on private credit operations, loan-based financings, and bespoke structures, working with portfolio managers and external service providers to ensure accurate settlement and reporting.

The candidate will handle loan accruals, deal maintenance, and cross‑functional process improvements, including interaction with vendors and custodians for service

Qualifications

• Bachelor's degree required.
• Minimum of five years of relevant operational experience across private/direct originated debt and/or equity.
• Strong knowledge of loan-based products, including term loans and revolvers.
• Hands-on exposure reviewing credit agreements and loan mechanics.

Responsibilities

• Support settlement oversight and lifecycle management for private and originated loans.
• Provide day-to-day operational coverage for loan trades and funding coordination.
• Oversee external vendors performing back-office functions and ensure accuracy of cash and position reconciliation.
• Review and interpret credit agreements to operationalize key terms and maturities.
• Assist with complex loan amendments, restructurings, and non-standard lifecycle events.
• Engage with Account Managers and internal teams to support reporting needs.

Skills

Loan-based product knowledge

Private debt operations

Credit agreement review

Operational excellence

Education

Bachelor's degree

Tools

Appian

Job description

PIMCO is seeking a Senior Associate, Alternative Operations, to support the Special Situations Group and Insurance‑Linked Strategies. The role centers on private credit operations, loan-based financings, and bespoke structures, working with portfolio managers and external service providers to ensure accurate settlement and reporting.

The candidate will handle loan accruals, deal maintenance, and cross‑functional process improvements, including interaction with vendors and custodians for service