Operations Manager

WhiteCap Search; New York (NY); Hybrid; USD 120,000 - 170,000; Full time

Job summary

Whitecap Search is seeking a dynamic and experienced professional to support private debt portfolio managers with settlement oversight and lifecycle management on all private/original loan trades. This role offers a hybrid work environment with in-office and work-from-home flexibility.

You will provide oversight to outsourced providers, educate stakeholders on deal mechanics, and assist with loan amendments, restructurings, and cross-functional process improvements.

Qualifications

• BS degree in Finance or related field.
• 4-10 years of operations experience in private debt/credit.
• Understanding of loan-based products (term loans, revolvers).
• Ability to extract key terms from credit facility docs and explain structuring.
• Solid fund accounting across complex asset classes.
• Experience with loan restructuring and physical registration.
• Excellent written and verbal communication for client meetings.
• Proficient with Excel and Bloomberg; SQL knowledge a plus.

Responsibilities

• Support private debt portfolio managers with settlement oversight and lifecycle management on all private/original loan trades.
• Provide oversight and escalation point to outsourced providers performing back-office tasks (settlements, asset setup, waterfall calculations, P&I processing, etc.).
• Educate service providers and internal stakeholders on deal mechanics and structuring.
• Assist with complex loan amendments and restructurings.
• Manage cross-functional projects to improve processes.
• Work with the Alternative Finance team on fund development and deal facilitation issues.
• Develop controls and oversight for private loan investments.
• Assist with the operational aspects of bespoke loan financings.

Skills

Excel

Bloomberg

SQL

Loan products

Education

BS degree in Finance or related field

Tools

SQL

Bloomberg Terminal

Data analysis tools

Job description

Whitecap Search is seeking a dynamic and experienced professional to support private debt portfolio managers with settlement oversight and lifecycle management on all private/original loan trades. This position offers a hybrid work environment, combining in-office and work-from-home flexibility.

Job Function:

• Support private debt portfolio managers with settlement oversight and lifecycle management on all private/original loan trades.
• Provide necessary oversight and serve as an escalation point to outsourced providers performing back-office related functions (settlements, asset setup, waterfall calculations, P&I processing, etc.).
• Educate service providers and internal stakeholders on deal mechanics and structuring.
• Assist with complex loan amendments and restructurings.
• Manage cross-functional projects to improve specific processes.
• Work with the Alternative Finance team on fund development and deal facilitation issues.
• Develop proper controls and oversight for private loan investments.
• Assist with the operational aspects of bespoke loan financings.

Requirements

• BS degree in Finance or related field.
• 4-10 years of operations experience supporting private debt/credit.
• Good understanding of loan-based products, ideally term loans, revolvers, delayed draw, private originated debt.
• Ability to extract key terms from credit facility documentation and explain deal structuring.
• Solid understanding of fund accounting across complex asset classes.
• Proven experience with loan restructuring and physical registration.
• Excellent written and verbal communication skills, suitable for client meetings.
• Proven track record managing complex securities and processing tasks, particularly with financing instruments and strategies.
• Good working knowledge of Excel and Bloomberg; understanding of SQL and database query tools is a plus.
  

Disclosure: The hourly rates and/or salaries listed may or may not reflect total compensation packages including bonus and fringe benefits, etc., nor are the advertisement(s) posted a guarantee of a certain compensation package for a position or bona fide offer of employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.