Senior Associate & Manager, Alternative Operations

Whitecap Search is looking for a skilled professional to join our Alternative Operations team. This role is crucial in managing loan-based private financings, preferred equity, and bespoke structures. The ideal candidate will have a strong background in alternative operations, credit documentation, and loan mechanics, supporting our strategic initiatives and enhancing operational controls.

Function

The role involves collaborating closely with Portfolio Managers, Account Managers, Alternatives Finance, and external service providers to ensure accurate settlement, lifecycle management, and reporting of private and originated loan investments.

Responsibilities

• Support special situations and insurance-linked PMs with settlement oversight and full lifecycle management of private and originated loan trades.
• Provide day-to-day operational coverage for portfolio managers, including deal settlement, funding coordination, and cash movements.
• Serve as an escalation point and provide oversight for outsourced service providers performing back-office functions.
• Review and interpret credit agreements to operationalize key terms, including accrual mechanics and payment schedules.
• Respond to detailed loan-level questions from internal stakeholders and client-facing teams.
• Support loan amendments and other non-standard lifecycle events through accurate operational execution.
• Enhance controls and oversight for non-standard alternative transactions across the firm.
• Manage cross-functional projects focused on process improvement, including Appian workflow development scenarios.

Requirements

• Minimum of a bachelor’s degree required.
• Minimum four years of relevant operational experience across private and direct originated debt and/or equity.
• Strong knowledge of loan-based products, including term loans and privately originated debt/equity.
• Hands-on exposure reviewing credit agreements and knowledge of servicing loans.
• Experience working with transfer agents and exposure to SMAs, private equity, and hedge fund organizational structures.
• Proficient in Excel, with the capability to efficiently analyze large data sets.

Disclosure: The hourly rates and/or salaries listed may or may not reflect total compensation packages including bonus and fringe benefits, etc., nor are the advertisement(s) posted a guarantee of a certain compensation package for a position or bona fide offer of employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.