Senior Associate, Investment Operations – Private

Oaktree Capital Management•Los Angeles, CA

1d•Hybrid

About The Position

The Investment Operations – Private team at Oaktree Capital Management is a middle office team focused on private investments that seeks to serve as the central hub for the private investment lifecycle. The team maintains strong partnerships with internal and external stakeholders, and enhances operational efficiency through unified systems, standardized procedures, and clear escalation paths. The Senior Associate will be responsible for executing and supporting operational activities within the private credit deal lifecycle, and will have a strong understanding of the processes, documentation, data management, and counterparty communication required to execute transactions and administer assets post-close. The candidate will work closely with investment professionals, legal and compliance, accounting and tax, technology, and reporting teams.

Requirements

4-5 years of relevant experience working in an operations capacity at an asset management company, investment bank or other financial services company
1+ years of experience in private credit investment operations and middle-office support, including experience reviewing private credit documents (credit agreements, amendments, etc.) for key terms, data points and operational nuances
Strong knowledge of private credit fund concepts across a range of strategies, including corporate direct lending.
Strong knowledge of general finance, process documentation and cross functional operations
Solid analytical skills and ability to understand and resolve complex problems
Proficient in Microsoft Office with strong working knowledge of Microsoft Excel
Proven ability to manage tasks with competing priorities and deadlines, while independently driving projects to completion

Nice To Haves

Extensive knowledge of BSL market is a plus.
A Master’s degree a plus

Responsibilities

Act as a key member of a dedicated middle office team that serves as a hub for private deals and facilitates private deal closing activities
Coordinate with internal stakeholders and external counterparties to ensure accurate and efficient deal fundings, asset set up, investment monitoring and reporting accuracy
Review private deal pipeline on a regular basis to ensure that all deals are tracked in a timely manner
Analyze legal documents, such as credit agreements and fee letters, to identify critical terms for each private deal
Assist in managing all banking, custodian and facility relationships across the credit platform
Oversee outside stakeholder reporting and communication with banks, rating agencies, co-investors, auditors, or other parties
Develop a complete understanding of the roles and responsibilities, systems and processes across each internal functional group, and serve as a central point of contact between the Investment Team and the back office.
Partner with investment professionals, outside and internal counsel, tax, accounting and compliance professionals to ensure good cross-functional communication and coordination throughout the investment process.
Participate in developing and documenting operational policies, procedures and controls
Ensure proper operational procedures and controls are followed and maintained, with appropriate escalation to stakeholders
Support document management for private credit deals
Analyze process issues and bottlenecks to make improvements
Assist in process improvements and automation as well as the development of longer-term systemic solutions