Audaxgroup
Operations Manager, Finance Private Debt
Boston, MA. Posted 10 days ago
The role
The Operations Manager oversees daily operational activities for the Private Debt business. This includes trade closing execution, internal investment transfers, leverage facility management, cash monitoring, and operational controls.
What you will do
- Manage primary and secondary loan closings including funding, settlement, and documentation.
- Manage internal transfers of investments across Private Debt vehicles.
- Manage daily operations of leverage facilities including ABL, CLO Lite, lines of credit, and warehouse facilities.
- Monitor daily cash activity and forecast funding requirements.
- Provide daily oversight, guidance, and support to junior Operations team members.
- Oversee operational controls, reconciliations, exception management, and data accuracy.
- Coordinate with and oversee external service providers.
- Manage post-closing operational activities for agency deals.
- Support audit confirmations and agreed-upon procedures testing.
- Identify and implement opportunities to improve operational processes, controls, and reporting.
Required qualifications
- BS in Finance, Accounting, Economics, Business or a related major
- 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
- Advanced organizational skills with the ability to multitask and prioritize workload
- Strong communication and stakeholder coordination skills
Nice to have
- CFA
- MBA
Benefits
- 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
- 401(k)
About the company
Audax Group is a leading alternative investment manager with approximately $42 billion of assets under management. It operates through three business lines: Audax Private Equity, Audax Private Debt, and Audax Strategic Capital.