Operations Associate; Alternative Credit

We're a rapidly growing alternative investment manager focused on Special Situations, with commitments across aviation finance, consumer loan pools, direct lending, preferred equity, bank debt, and equity capital markets. We're building a first-class operations platform from the ground up, and this hire will be a critical part of that effort. This is not a maintenance role — it's an opportunity to help design the processes and infrastructure that scale with the firm.

$150,000 to $215,000

New York, New York (full-time onsite)

• Book, monitor, and reconcile trades across special situations asset classes including aviation finance, consumer loan pools, direct lending, preferred equity, bank debt, and equity capital markets
• Support the derivatives trade lifecycle across swaps, interest rate swaps, and FX instruments, including confirmation, margin, and settlement
• Coordinate with portfolio managers, counter parties, trustees, and servicers on trade booking, confirmation, and settlement
• Maintain trade data integrity across the OMS, fund administrator, and custodians
• Manage KYC/AML documentation and onboarding records for counter parties, brokers, and investors
• Review daily position, cash, and NAV reconciliations; investigate and resolve breaks across illiquid and structured instruments
• Support month-end close and investor reporting
• Monitor daily cash and liquidity across fund accounts; coordinate on funding and capital calls
• Support portfolio managers with ad hoc analytics on deal performance, exposure, leverage, and return attribution
• Track covenant compliance, borrowing base calculations, and servicer reporting
• Partner with portfolio management and technology to build scalable workflows, data pipelines, and reporting infrastructure; drive automation

• 5-12 years of experience in fund operations, middle office, trade support, or accounting with meaningful operational exposure
• Strong understanding of trade lifecycle, reconciliation, and settlement processes
• Advanced Excel skills; experience building and maintaining operational models or reports
• High attention to detail with a genuine bias toward ownership and follow-through
• A versatile, go-getter mentality — comfortable in a build-from-scratch environment and energized rather than unsettled by ambiguity

• Exposure to credit, structured products, or alternative asset classes
• Experience with an OMS/EMS such as Enfusion or a comparable platform
• Python or SQL skills for data analysis or reconciliation automation
• Comfort using AI tools in operational workflows, analytics, and reporting
• Experience working with fund administrators, trustees, or loan servicers

Based in New York, NY, in-office. A lean, entrepreneurial alternative investment platform where the operations function is still being built — high autonomy, high visibility, and direct exposure to portfolio managers and senior leadership.