Private Credit Operations Associate – Impact & Growth

WhiteCap Search; New York (NY); On-site; USD 120,000 - 150,000; Full time

Job summary

WhiteCap Search seeks a Private Credit Operations Associate to support the end-to-end operational lifecycle of private credit investments, including direct lending and structured credit. You will coordinate closings, manage settlements, and maintain records across portfolio systems while collaborating with investment, legal, finance, and treasury teams in a fast-paced environment.

The role emphasizes accuracy, process improvement, and strong knowledge of loan servicing workflows, with

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, Business Administration, or related field.
• 5–10 years of operations experience in private credit, direct lending, or asset management.
• Strong understanding of private credit products, loan lifecycle events, and servicing workflows.

Responsibilities

• Support the full operational lifecycle of private credit investments and financing transactions.
• Coordinate closings by reviewing legal docs and ensuring accurate setup across platforms.
• Manage loan settlements, funding events, payments, amendments, restructurings, and payoff activities.
• Maintain and reconcile loan positions, investment records, and cash movements across systems.
• Perform daily cash and position reconciliations and resolve operational discrepancies.
• Monitor covenant reporting, base updates, and servicing obligations from borrowers and agents.
• Collaborate with external admins, custodians, trustees, loan agents, and fund accountants.
• Assist Treasury with funding, liquidity management, and cash forecasting.
• Support month/quarter/year-end reporting, NAV, portfolio valuation, and audits.
• Contribute to new product launches, system implementations, and workflow automation.
• Document and maintain procedures, controls, and best practices.

Skills

Private credit knowledge

Loan operations

Analytical skills

Process improvement

Education

Bachelor's degree

Tools

Allvue

WSO

Geneva

Solvas

Clearwater

Job description

WhiteCap Search seeks a Private Credit Operations Associate to support the end-to-end operational lifecycle of private credit investments, including direct lending and structured credit. You will coordinate closings, manage settlements, and maintain records across portfolio systems while collaborating with investment, legal, finance, and treasury teams in a fast-paced environment.

The role emphasizes accuracy, process improvement, and strong knowledge of loan servicing workflows, with