Associate/Senior Associate, Credit Operations

Reposted 20 Days Ago
Be an Early Applicant
Philadelphia, PA
In-Office
Mid level
Fintech • Financial Services
The Role
The role involves servicing private credit loans, ensuring compliance, preparing reports, monitoring loan portfolios, and collaborating with various stakeholders.
Summary Generated by Built In

Hamilton Lane is looking to expand our team to satisfy the needs of our growing client base. Hamilton Lane is built on collaboration, teamwork and integrity. Our employees pursue excellence and always strive to do the right thing. We invest in our employees, clients and partner relationships, as well as, in the technology and resources necessary to remain competitive, working in a competitive environment that inspires innovation.

What we do:

As a recognized leader in providing Private Markets Investment and Technology Solutions to clients across the globe, we manage approximately $134.9 billion in discretionary assets and have oversight of an additional $821.2 billion in non-discretionary assets as of December 31, 2024.
 

The Opportunity:

As a Private Credit Loan Operations/Servicing Team Member, you will be responsible for the servicing of loans within our private credit-focused funds. Your role will involve ensuring accurate and timely reporting on daily, monthly, and quarterly timelines. You will collaborate with various stakeholders both internal and external to maintain operations and meet deadlines.
 

Your responsibilities will be to:

  • Administer and service private credit loans, including fund management and borrower interaction.
  • Proactively monitor loan portfolios to ensure compliance with loan agreements and covenants.
  • Prepare and deliver daily, monthly, and quarterly reports to internal and external stakeholders.
  • Process loan drawdowns, repayments, and other transactions as required.
  • Reconcile loan accounts and resolve any discrepancies promptly.
  • Collaborate with portfolio managers, investment teams, and other departments to address inquiries and provide support.
  • Maintain accurate and up-to-date loan documentation and records.
  • Assist in the preparation of audit materials and respond to audit inquiries.
  • Continuously seek opportunities to streamline processes and improve operational efficiency.
  • Coordinate funding requirements with the Treasury team; Support the Treasury Desk with its daily requirements to accurately manage its cash and funded positions.
     

Your background will include:

Must-have:

  • Bachelor’s degree in finance, accounting, business administration, or a related field.
  • 3-8 years of previous experience in loan operations, servicing, or financial services, preferably within private credit or alternative investments.
     

Nice-to-have:

  • Strong analytical and problem-solving skills with high attention to detail
  • Prior experience supporting Evergreen investment vehicles
  • Familiarity with Allvue Credit applications
  • Excellent organizational and time management abilities
  • Must be comfortable working within strict daily reporting timelines and consistently delivering accurate results under time-sensitive conditions
  • Effective communication skills, both written and verbal
  • Ability to work independently and collaboratively within a team
  • Previous managerial experience a plus for the Senior Associate level role
     

Benefits

At Hamilton Lane, our benefits philosophy is simple. To provide our employees with a competitive suite of benefits and services to help navigate through the complexities and challenges of working, living, raising a family, and eventually retiring.

To do this, Hamilton Lane offers the following benefits:

Enhancing Your Physical and Emotional Health 

Employees have access to healthcare coverage, mental health resources, health & fitness reimbursement program, and Wellness Rewards Program.

Developing Your Career

Tuition and certification reimbursement program are available along with continual education and development trainings for you to grow with Hamilton Lane.

 

Supporting Your Family & Community

For our communities, Hamilton Lane provides paid time off to volunteer and compensates for referring qualified candidates that join our team. 

For growing family, we offer an adoption reimbursement program, paid time off for new parents and newlyweds, and provide travel support for nursing parents.  

 

Safeguarding Your Financial Wellbeing

Hamilton Lane contributes to retirement programs and offers an employee stock purchasing plan.

We offer a competitive salary, annual discretionary bonus and a comprehensive benefits package which includes: Medical, Prescription, Dental, Paid Time Off, 401k plan, Life and Disability Insurances, Tuition Reimbursement, Employee Stock Purchase Program, Health Club Reimbursement and Flexible Spending Accounts.

Hamilton Lane is an affirmative action-equal opportunity employer. All qualified applicants will be considered for employment without regard to their race, color, creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity or expression, disability, genetic predisposition, veteran or military status, status as a victim of domestic violence, a sex offense or stalking, or any other classification prohibited by applicable law.

If you need a reasonable accommodation to complete your application, please contact Human Resources at [email protected].

Hamilton Lane is not accepting unsolicited assistance from search firms for this employment opportunity. Please, no phone calls or emails. All resumes submitted by search firms to any employee at Hamilton Lane via-email, the Internet or in any form and/or method without a valid written search agreement in place for this position will be deemed the sole property of Hamilton Lane. No fee shall be paid in the event the candidate is hired by Hamilton Lane as a result of the referral or through other means.

Top Skills

Allvue Credit Applications
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The Company
HQ: Conshohocken, PA
515 Employees
Year Founded: 1991

What We Do

Hamilton Lane is an alternative investment management firm providing innovative private markets solutions to sophisticated investors around the world. The firm has been dedicated to private markets investing for more than two decades and currently has more than 470 employees operating in 18 offices throughout the U.S., Europe, Asia and the Middle East. With $92+ billion in assets under management and $665+ billion in assets under supervision*, Hamilton Lane offers a full range of investment products and services that enable clients to participate in the private markets asset class on a global and customized basis. The firm has been named a Best Place to Work in Money Management by Pensions & Investments for eight consecutive years.

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