Job Summary:
Job Title: Manager – Private Credit Operations (ABL & CLO Reporting)
We are seeking a detail-oriented professional to support Asset-Based Lending (ABL) and Collateralized Loan Obligation (CLO) operations, with a focus on borrowing base reporting, trustee report validation, lender reporting, and data management. The role sits at the intersection of credit, treasury, and reporting, requiring strong analytical skills and experience working with trustees, lenders, and internal stakeholders.
Profiles with 6+ years’ experience in Manager category.
Key Responsibilities
1. ABL & Warehouse Facility Reporting
- Prepare and validate borrowing base reports across multiple credit facilities
- Reconcile internal borrowing base models with trustee-generated reports
- Investigate and explain discrepancies across:
- Cash balances and pro-forma adjustments
- Advance rates and eligibility criteria
- Concentration limits and covenant tests
- Liaise with trustees and lenders to resolve reporting differences and ensure timely sign-off
2. CLO Collateral Reporting & Validation
- Review monthly trustee reports for CLO portfolios prior to lender/investor distribution
- Perform month-over-month variance analysis across collateral and cash positions
- Validate key CLO metrics, including:
- Overcollateralization (OC) and Interest Coverage (IC) tests
- Collateral quality and portfolio compliance metrics
- Principal balances, cash flows, and equity distributions
- Ensure accuracy of:
- Loan-level attributes (rates, ratings, CCC classifications)
- Capitalized interest and cash flow tie-outs
- Partner with trustees and internal teams to address data gaps and reporting issues
3. Rating Agency Submission Support
- Coordinate annual and ad-hoc submissions to rating agencies for CLOs and private credit vehicles
- Aggregate and organize financial and collateral documentation across 100+ issuers
- Track submission timelines, refresh cycles, and documentation completeness
4. Lender Audit & AUP (Agreed-Upon Procedures) Support
- Support audits and lender requests related to borrowing base and reporting
- Gather, validate, and deliver data to auditors via secure platforms
- Maintain tracker of requests, deliverables, and timelines
- Identify and remediate data quality gaps across systems and third-party sources
5. Data Management & Lender Dataset Maintenance
- Maintain and enhance borrowing base and lender-specific datasets
- Manage key attributes such as:
- Advance rates
- Collateral valuations
- Obligor-level financial data
- Support onboarding of new deals and ongoing updates to existing portfolios
Cash & Liquidity Monitoring
- Track daily cash balances across multiple funds and entities
- Reconcile balances across:
- Trustee reports
- Bank portals
- Internal systems
- Ensure consistency between cash data, borrowing base inputs, and reporting outputs
Required Qualifications
- Bachelor’s degree in Finance, Accounting, Economics, or related field
- 6+ years of experience in:
- Private credit / structured finance
- CLO / ABL operations or reporting
- Fund administration, treasury, or credit operations
- Strong understanding of:
- Borrowing base mechanics and collateral eligibility
- CLO structures and trustee reporting
- Financial instruments (loans, ABS, structured products)
Key Skills
- Advanced Excel skills (modeling, reconciliations, large data handling)
- Strong analytical and problem-solving capabilities
- Attention to detail with ability to identify and explain variances
- Stakeholder management across lenders, trustees, auditors, and internal teams
- Experience working with data systems and large datasets
Preferred Qualifications
- Experience working with trustee platforms (e.g., Intex, trustee reporting portals)
- Familiarity with rating agency processes (S&P, Moody’s, Fitch)
- Exposure to data platforms (SQL, Python, Alteryx, Power BI)
- Knowledge of credit agreements, covenants, and structured finance documentation
What Success Looks Like
- Accurate and timely delivery of borrowing base and CLO reporting
- Minimal reconciliation breaks with trustees and lenders
- Strong audit readiness and responsiveness
- Improved data quality and streamlined reporting processes
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