Associate, Investment Operations

About 17Capital

17Capital is a private credit manager specializing in NAV finance for the private equity industry. It provides non-dilutive capital to high-quality private equity management companies funds and institutional investors as part of their toolkit for value creation and portfolio management.

Founded in 2008 17Capital has completed over 130 investments deploying more than $20 billion alongside leading private equity franchises globally.

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17Capitals Values

Our values are the basis on which we build strong relationships with our clients our investors and each other. They are the foundation of our business and integral to our continued ability to pioneer success.

Build trust We behave and act in ways that earn trust

Embrace different We embrace new ideas and constantly strive to discover new ways of doing things

Make things happen We are agile and responsive in a way that delivers success for all our stakeholders

Strive for excellence We act with professionalism and adhere to our high standard

Overview of Department

The Middle Office is a specialist function within 17Capitals finance organisation comprising Investment Operations and Fund Performance. The function is led by a coordinating Middle Office Lead who drives strategic alignment process standardisation data governance and technology adoption across all functional areas.

Position Summary

The Associate works within Investment Operations building deep functional expertise. The role provides operational support across loan administration deal documentation and system and data management and controls and requires a strong data mindset and data capability to maintain accurate high-quality data across the investment lifecycle.
You own the day-to-day execution of loan operations deal documentation system and data management and Allvue (3rd party admin system) data quality for assigned deals as set out below with a strong emphasis on data accuracy integrity and analysis across the deal lifecycle. You are the accountable point of contact for each transaction in your remit.

Role & Responsibilities

Responsibilities include but are not limited to:

Loan Operations Support

Support trade settlement drawdowns repayments and interest calculations for assigned deals
Process loan cash flows accurately and on time under VP supervision
Maintain loan position records and support reconciliation activities

Deal Documentation

Maintain deal files compliance certificates and counterparty notices
Ensure all documentation is complete accurately filed and audit-ready
Support new deal onboarding with documentation review and filing

Counterparty Relationship Management

Manage day-to-day counterparty interactions across Loan Agents custodians and other deal-level external parties
Maintain counterparty contact details escalation paths and service expectations
Support the Vice President Investment Operations on counterparty service issues; escalate where service standards slip

Investment Lifecycle Management

Support the full investment lifecycle for assigned deals from new deal set-up through ongoing administration valuation-cycle inputs capital activity processing and exit / wind-down reconciliation
Maintain lifecycle status records for assigned investments and flag transitions exceptions or upcoming events to the Vice President Investment Operations

System & Data Management

Weekly deal data reconciliations between the 17Capital systems and Agent / Outsourced administrator systems (e.g. Allvue).
Perform Agent and third-party administrator data oversight and maintain data quality
Flag data discrepancies and support resolution

Deal Data

Supporting the quarterly valuations process by maintaining cash flow and all other data required for valuation preparation for those deals assigned to you on the Deal Ownership register
Deal Onboarding data capture to start at the point of deal kick-off meetings ahead of execution and to be finalised within the agreed timetable post deal close. This includes set-up of deal models for ongoing calculation of loan positions interest repayments and valuation

Controls

Follow documented procedures and evidence control execution
Maintain control checklists for assigned areas
Escalate control gaps or exceptions promptly to line manager

Person Specification

As an Associate in the Middle Office you work within Investment Operations building deep functional expertise with a strong data mindset. You are expected to:

Ensure all deal data and system entries are accurate complete and timely data quality at source is your responsibility
Only submit work and sign off items that you have personally verified as correct accuracy is non-negotiable
Follow documented workflows procedures and control checklists evidence execution of controls on a timely basis
Maintain all operational trackers and logs on a daily basis and communicate status upward to the VP weekly transparency of progress and outstanding items is expected
Ensure data within your remit is maintained on a weekly cycle stale data is a control failure
Bring a strong data mindset to your work proactively interrogate analyse and reconcile data to identify trends errors and improvement opportunities not just process it
Leverage AI skills and capability to enhance control around data facilitate efficiency around data capture and enhance the robustness of challenge and review of data.
Support technology and automation development across the middle office actively identify opportunities to improve processes
Maintain deal documentation and compliance records to a standard that is audit-ready
Taking full ownership of every deal within your remit you are the accountable point of contact for each transaction assigned to you and are personally responsible for its accuracy timeliness and completeness
Build your knowledge of loan agreements fund structures and the systems environment
Collaborate effectively across the Investment Operations function
Take ownership of your own professional development

Skills and Experience

Technical Skills

Degree or professional qualification in Finance Accounting Maths or other highly numerical discipline
Minimum 2 years experience in a loan administration function within a fund administrator or private credit manager
Strong attention to detail and accuracy
Strong data mindset with advanced Excel skills and the ability to analyse interrogate and quality-control large data sets
Experience with loan administration systems such as Sentry or Allvue preferred
Interest in loan operations and fund structures

Competencies
Strong organisational skills and ability to manage deadlines
Ability to work across multiple workstreams simultaneously
Strong data capability and data mindset
Strong and analytical capability with a natural curiosity to understand what data is telling you
AI capability and adoption whilst still taking ownership of process and control.
Proactive with willingness to learn and develop

Personal Profile
Good communication skills written and oral
Team player with ability to work independently when required
Conscientious and hard working
Eager to build specialist expertise

Key Relationships and Stakeholders

Internal

Mid Office Lead
Middle Office Peer Group (Analysts/Associates)
Fund Controllers and Fund Accountants
Investment Team

External

Banks
Loan Agents (17C as Lender and Borrower)
Third-party Administrator
Deal Counterparties
FX advisors
Custodians

We can offer you:

Career development
Opportunity to learn and grow whilst making a meaningful contribution to the expansion of the 17Capital platform during an exciting time of the firms life cycle
Opportunity to step into a broad and exciting role that will provide the candidate with direct involvement and development opportunities in the key workstreams of a value-add Finance function
Competitive reward and benefits

17Capital is an equal opportunity employer and does not discriminate based on race religion gender age sexuality gender identification or physical ability. If you have a disability and need an adjustment during the application and hiring process including support for the interview or onboarding process please contact .

This job description is subject to the terms and conditions of the employees Employment Contract and associated policies. The employee shall perform such other duties as the Company may reasonably require.

Required Experience:

Manager