Operations Manager, Finance

Audax Private Debt; Boston (MA); Hybrid; USD 120,000 - 180,000; Full time

Benefits offered by this job

Health insurance

Life insurance

Disability insurance

Paid time off

Charitable donation match

Family support services

401(k)

Job summary

Audax Group in Boston is seeking an Operations Manager to lead daily Private Debt operations, including loan closings, investment transfers, and leverage facility management. This role emphasizes process improvements, controls, and scalable practices across teams and counterparties.

The ideal candidate will have 8+ years in private debt operations, strong Excel and analytical skills, and a track record of managing complex workflows with cross-functional partners.

Qualifications

• BS in finance, accounting, economics, business or related major; CFA or MBA a plus.
• 8+ years of private debt, leveraged loan, or credit operations experience.
• Experience in loan trade settlement and/or leverage facility operations.
• Ability to exercise independent judgment and manage competing priorities in a deadline-driven environment.
• Strong Excel, analytical, and problem-solving skills.
• Exceptional attention to detail and organizational skills.
• Strong communication and stakeholder coordination abilities.

Responsibilities

• Manage primary and secondary loan closings, including funding coordination, settlement timelines, documentation, and communication with internal stakeholders and external counterparties.
• Manage internal transfers of investments across Private Debt vehicles, coordinating execution, settlement, documentation, and position reporting across systems.
• Oversee daily operations of leverage facilities (ABL, CLO Lite, lines of credit, warehouse facilities) including liquidity monitoring and reporting accuracy.
• Monitor daily cash activity and forecast funding needs across investment vehicles with Treasury and Finance teams.
• Provide daily oversight and guidance to junior Operations team members and ensure timely execution of activities.
• Oversee operational controls, reconciliations, exception management, and data accuracy across internal systems (BMS, WSO).
• Coordinate with external service providers (e.g., TresVista) for reconciliations and trade closings.
• Manage post-closing operational activities for agency deals including lender transfers and documentation.
• Support audit confirmations and other operational reporting requirements.
• Identify opportunities to improve processes, controls, and reporting for scalability and risk reduction.

Skills

Excel

Analytical skills

Problem solving

Attention to detail

Communication

Stakeholder coordination

Education

BS in Finance/Accounting/Economics/Business

CFA or MBA (plus)

Job description

The Operations Manager will play a key role in overseeing the daily operational activities of the Private Debt business, with primary responsibility for trade closing execution, internal investment transfers, leverage facility management, cash monitoring, and operational controls.

This individual will provide experienced oversight of critical daily workflows, coordinate across internal teams and external counterparties, and support the development of junior team members. The role will also focus on improving operational efficiency, strengthening processes and controls, and supporting the continued growth and scalability of the Private Debt platform.

RESPONSIBILITIES:

• Manage primary and secondary loan closings, including funding coordination, settlement timelines, documentation, and communication with internal stakeholders and external counterparties.
• Manage internal transfers of investments across Private Debt vehicles, including coordinating transaction execution, settlement, documentation, and accurate position reporting across internal systems.
• Manage daily operations of leverage facilities, including ABL, CLO Lite, lines of credit, and warehouse facilities, with responsibility for monitoring borrowing availability, liquidity requirements, advance requests, repayments, and reporting accuracy.
• Monitor daily cash activity and forecast funding requirements across investment vehicles, coordinating with Operations, Finance, and Treasury teams on liquidity needs and wire execution.
• Provide daily oversight, guidance, and support to junior Operations team members, helping establish priorities, resolve escalated issues, and ensure accurate and timely execution of operational activities.
• Oversee operational controls, reconciliations, exception management, and data accuracy across internal systems, including BMS and WSO.
• Coordinate with and oversee external service providers, including TresVista, to ensure timely and accurate completion of reconciliations, trade closing activities, and other operational deliverables.
• Manage post-closing operational activities for agency deals, including coordination of lender transfers, documentation, and communication with relevant counterparties.
• Support audit confirmations, agreed-upon procedures (AUP) testing, and other operational reporting requirements.
• Identify and implement opportunities to improve operational processes, controls, and reporting through standardization, automation, and enhanced coordination across teams and systems, with a focus on scalability and reducing operational risk.

REQUIREMENTS / QUALIFICATIONS:

• BS in Finance, Accounting, Economics, Business or a related major; CFA or MBA a plus
• 8+ years of relevant experience in private debt, leveraged loan, or credit operations
• Demonstrated experience in loan trade settlement and/or leverage facility operations
• Demonstrated ability to exercise independent judgment, resolve complex operational issues, and manage competing priorities in a deadline-driven environment.
• Strong Excel, analytical, and problem-solving skills
• Exceptional attention to detail, placing a high priority on accuracy
• Advanced organizational skills with the ability to multitask and prioritize workload
• Strong communication and stakeholder coordination skills

LOCATION: Boston, MA – Hybrid 3 days in-office. These in-office requirements may be adjusted based on the needs of the business.

OTHER DUTIES:

This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Duties, responsibilities and activities may change, or new ones may be assigned at any time with or without notice.

For Massachusetts: The base salary range for this position is $120,000 - $180,000. The base salary range represents the estimated low and high end for this position at the time of this posting. Consistent with applicable law, compensation may vary and will be determined based on but not limited to, the skills, qualifications, and experience of the applicant along with the requirements of the position, and Audax reserves the right to modify this pay range at any time. An employee may also be eligible for annual discretionary incentive compensation based on performance.

Audax offers a wide range of employee benefits, including health insurance, life insurance, disability insurance, paid time off (including sick leave, parental leave, volunteer leave, and vacation), charitable donation match, family support services (including Bright Horizons and Benefit Advocate Center), and a 401(k) in addition to other benefits.

This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Duties, responsibilities and activities may change or new ones may be assigned at any time with or without notice.

Audax Management Co. is an equal opportunity employer.