Senior Manager — Alternative Investment Operations

HSBC Holdings plc; Royal Borough of Greenwich; Hybrid; GBP 90,000 - 135,000; Full time

Benefits offered by this job

Private healthcare

Enhanced maternity & adoption pay

Pension scheme

Job summary

HSBC Alternatives is seeking a Manager, Alternative Investment Operations in London to lead day-to-day oversight of Direct Asset Private Credit products, partnering with investment teams and service providers to deliver strong control and client outcomes.

The role requires experience in investment operations within alternatives, familiarity with Private Credit/Direct Lending, and the ability to manage multiple stakeholders across functions with a delivery-focused approach.

Qualifications

• Experience in investment operations within alternatives.
• Exposure to Private Credit/Direct Lending.
• Strong understanding of regulatory and risk controls.

Responsibilities

• Support the management and oversight of end-to-end investment operations for Private Credit, including transaction lifecycle management and post-trade oversight.
• Oversee transaction & trade services, including execution support, review of key legal documentation, transaction administration and investment restriction monitoring with a risk-centric approach.
• Contribute to product launches and subsequent closings, helping design operating models, establish operational infrastructure and support equalisation processes.
• Provide valuation and performance oversight, including NAV review support, hard-to-value asset inputs, income reconciliations, and calculations such as ECL/amortisation and carry/waterfalls where applicable.
• Support liquidity and treasury activities, including cash flow forecasting (calls/distributions), facility oversight (credit/overdraft), and hedging/FX operational processes.
• Manage stakeholders and service providers ( Administrators, AIFMs/managers and other vendors), including SLA oversight, due diligence/RFP support, investor and portfolio reporting contributions, and escalation of issues to resolution.

Skills

Investment operations

Private Credit

Direct Lending

Regulatory risk

Stakeholder management

Job description

HSBC Alternatives is seeking a Manager, Alternative Investment Operations in London to lead day-to-day oversight of Direct Asset Private Credit products, partnering with investment teams and service providers to deliver strong control and client outcomes.

The role requires experience in investment operations within alternatives, familiarity with Private Credit/Direct Lending, and the ability to manage multiple stakeholders across functions with a delivery-focused approach.