Credit - Operations Associate| Halifax

Petra Funds Group • Halifax, NS

2d • Hybrid

About The Position

The Credit Operations Associate plays a key role in supporting the operational, accounting, and reporting functions for private credit funds and related investment vehicles. This individual works closely with investment, finance, and investor relations teams to ensure the accurate processing of fund transactions, maintenance of portfolio data, and timely delivery of financial and investor reporting. Responsibilities include overseeing cash activity, loan funding and repayment processes, portfolio monitoring, reconciliations, fund administration oversight, and supporting audits and regulatory reporting. The ideal candidate combines strong attention to detail, analytical problem-solving skills, and a solid understanding of private credit fund structures and operations. Experience with private debt funds, fund administration, accounting, or financial services operations is highly preferred.

Requirements

• At least 3 years experience in accounting, with a preference for experience with private equity, partnerships, and/or alternative assets
• Ability to work in a dynamic, fast-paced environment
• Ability to handle multiple projects and meet deadlines
• Detail-oriented with the ability to complete tasks promptly
• Willingness to take on additional ad-hoc tasks and projects
• Ability to build and maintain advanced spreadsheets using Microsoft Excel
• Excellent analytical and planning skills
• Strong interpersonal, communication, and organizational skills with a team approach
• Must possess unquestionable integrity and ethics
• Undergraduate degree in accounting, finance, or business

Nice To Haves

• An understanding US GAAP and experience with Allvue Investment Accounting or similar is beneficial but not required
• CPA is a plus but not required

Responsibilities

• Maintain client investment book of record by processing all loan activity including trades, borrowings, payoffs and coupon payments
• Review applicable loan documents (e.g. credit agreements, indentures, trade confirmations) to establish and settle trades in the portfolio monitoring system
• Reconcile portfolio cash and positions on a daily basis
• Track loan covenant and compliance reporting deliverables
• Maintain loan accruals and cashflow projections
• Generate and deliver invoices related to loan activity
• Support performance reporting for client investments and portfolios
• Collaborate with fund administration teams to facilitate periodic accounting system integration
• Coordinate with clients to facilitate deal closings and other portfolio activity (e.g. deal team, treasury, accounting)
• Coordinate with third party support teams (e.g. trade settlements, agents, administrators)

Benefits

• 90% covered medical, dental, and vision insurance premiums
• Registered Retirement Savings Plan (RRSP) employer match at 100% of your contributions up to 5% of compensation, with immediate vesting
• Flexible paid time off
• Generous holiday calendar
• Hybrid work environment

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level