Alternative Operations Associate Overview • The Alternative Operations Associate will support private credit and alternative investment operations, focusing on loan-based financings, preferred equity, and bespoke structures. • Collaborate with portfolio managers, account managers, and external service providers to ensure accurate settlement and reporting of private loan investments. • Engage in lifecycle management of private and originated loan trades, including settlement oversight and funding coordination. • Provide expertise in credit agreement interpretation, loan accruals, and deal maintenance to support insurance and reinsurance clients. • Enhance operational controls and oversee non-standard alternative transactions across the organization. • Participate in cross-functional projects and process improvement initiatives to optimize operational efficiency. • Liaise with vendors and custodians to support service enhancements and new product solutions. • Contribute to strategic initiatives and special projects to drive organizational success. Alternative Operations Associate Key Responsibilities & Duties • Support settlement and lifecycle management of private and originated loan trades, including loan-based financing and preferred equity. • Provide operational coverage for portfolio managers, including deal settlement, funding coordination, and cash movements. • Review and interpret credit agreements to operationalize key terms, including accrual mechanics and payment schedules. • Educate service providers and internal partners on deal mechanics and structuring. • Support complex loan amendments, restructurings, and other non-standard lifecycle events. • Collaborate with account managers to address trade booking inquiries and reporting needs. • Enhance controls and oversight for alternative transactions and bespoke loan financings. • Manage cross-functional projects focused on process improvement and workflow development. • Engage with vendors and custodians to support service upgrades and new product solutions. Alternative Operations Associate Job Requirements • Bachelor’s degree in a relevant field is required. • Minimum of 5 years of operational experience in private and direct originated debt or equity. • Strong knowledge of loan-based products, including term loans, revolvers, and delayed draws. • Hands-on experience with credit agreements, loan accruals, and deal maintenance. • Familiarity with private equity fund frameworks and alternative investment structures. • Proficient in Excel for analyzing large data sets efficiently. • Proven track record in managing complex securities and financing instruments. • Experience with fund accounting and lifecycle event recording for various asset classes. • Ability to manage relationships with custody and accounting service providers.