Managing Director Private Credit Operations

Managing Director - Private Credit Operations

Who is Gen II

Gen II is a leading fund administration provider focused entirely on serving private capital asset managers and investors with a best-in-class combination of people process and technology. Gen II has more than $1 trillion in private fund capital assets under administration.

With offices in the US and Europe were looking for do-ers problem-solvers and entrepreneurs like you who want to make an impact in our industry grow with us and create a community where everyone thrives.

Careers mean more at Gen II more opportunity more innovation and more ideas! Youll have the opportunity to grow in ways that are meaningful to you and work alongside some of the best people in their field. Youll also receive training which will advance your skill set both technically and personally allowing you to achieve your career aspirations with us. Be part of our community that recognizes achievements promotes from within and receive meaningful benefits which focus on your physical mental and financial well-being.

Whats the role

New York City based Private Equity Fund Administration Firm is looking for a Managing Director - Private Credit Operations to oversee the back-office functions supporting Private Credit fund administration including trade capture cash and position reconciliation securities master maintenance lifecycle event management and P&L reconciliation across a diverse range of private credit strategies.

What youll be doing

• Lead coach and manage a team of managers and associates specializing in private credit fund operations.
• Oversee accurate and timely processing of trades by coordinating with various stakeholders agents custodians clients and internal parties.
• Own the full investment lifecycle management function across all private credit strategies and instrument types ensuring all economic events are captured completely and accurately on a timely basis.
• Manage trade processing and settlement workflows using platforms such as Paxus Allvue WSO and other proprietary systems while resolving discrepancies.
• Ensure team performs daily cash position and asset reconciliation for timely required closings.
• Maintain and oversee the accuracy of the securities master including instrument setup reference data integrity and corporate action workflows across loan and credit instruments.
• Frequent communication with clients to ensure SLA and KPIs are met.
• Maintain a working relationship with all client contacts auditors lawyers and banking personnel.
• Lead operational buildout initiatives including new fund onboarding system implementations and workflow automation projects.

The ideal background for this role:

• Bachelors degree in accounting or finance or equivalent work experience.
• 15 plus of related work experience in credit operations private fund operations or related roles within alternative asset management.
• Very comfortable in understanding and navigating through Partnership Agreements legal documents credit agreements and relevant Fund Documents.
• Ability to learn on-the-job quickly apply learning to clients and recommend solutions to issues.
• Ability to quickly adapt to changes in processes and procedures in a rapidly changing environment.
• Excellent verbal written and interpersonal communication skills.
• Strong attention to detail and accuracy.
• Superior problem solving judgment and decision-making skills.
• Ability to think independently prioritize multi-task and meet deadlines.
• Extensive Microsoft suite skills - Excel (pivots) Word PowerPoint and Outlook.
• Strong leadership skills and management skills.

The salary range for this position is $180000-$250000 in addition to a discretionary bonus and comprehensive benefits package. Please note that the actual salary offered within that range will depend on the candidates experience level.

Work Arrangement

All applicants applying to Gen II Fund Services LLC must be legally authorized to work in the United States. Please note that all US employees are required to work a hybrid schedule comprised of three (3) days a week in our New York office and two (2) days remotely.

Required Experience:

Director