Operations Manager, Finance Private Debt

Audax Group • Boston, MA

2d • Hybrid

About The Position

Audax Group is hiring an Operations Manager to oversee daily operational activities for its Private Debt business. The role is primarily responsible for trade closing execution, internal investment transfers, leverage facility management, cash monitoring, and operational controls. The manager will provide experienced oversight of critical workflows, coordinate with internal teams and external counterparties, and support junior team members. The position will also help improve operational efficiency, strengthen processes and controls, and support the growth and scalability of the Private Debt platform. The role is based in Boston, Massachusetts, with a hybrid schedule requiring three days in the office; this requirement may change based on business needs.

Requirements

• Bachelor of Science in Finance, Accounting, Economics, Business, or a related major.
• At least 8 years of relevant experience in private debt, leveraged loan, or credit operations.
• Demonstrated experience in loan trade settlement and/or leverage facility operations.
• 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 and a high priority on accuracy.
• Advanced organizational skills and ability to multitask and prioritize workload.
• Strong communication and stakeholder coordination skills.

Nice To Haves

• CFA or MBA.

Responsibilities

• Manage primary and secondary loan closings, including funding coordination, settlement timelines, documentation, and communication with internal stakeholders and external counterparties.
• Manage internal transfers of investments across Private Debt vehicles, coordinating execution, settlement, documentation, and accurate position reporting across internal systems.
• Manage daily operations of leverage facilities, including ABL, CLO Lite, lines of credit, and warehouse facilities; monitor borrowing availability, liquidity requirements, advance requests, repayments, and reporting accuracy.
• Monitor daily cash activity and forecast funding requirements across investment vehicles, coordinating liquidity needs and wire execution with Operations, Finance, and Treasury.
• Provide daily oversight, guidance, and support to junior Operations team members, including setting priorities, resolving escalated issues, and ensuring accurate and timely execution.
• Oversee operational controls, reconciliations, exception management, and data accuracy across internal systems, including BMS and WSO.
• Coordinate with and oversee external service providers, including TresVista, to ensure timely and accurate reconciliations, trade closing activities, and other operational deliverables.
• Manage post-closing operational activities for agency deals, including lender transfers, documentation, and communication with relevant counterparties.
• Support audit confirmations, agreed-upon procedures (AUP) testing, and other operational reporting requirements.
• Identify and implement process, control, and reporting improvements through standardization, automation, and improved coordination across teams and systems, with a focus on scalability and reducing operational risk.

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)
• Potential eligibility for annual discretionary incentive compensation based on performance

What This Job Offers

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