Senior Analyst / Associate - Private Debt Investment Operations

Position Overview

The Investment Operations Senior Analyst / Associate performing this role will be responsible for coordinating the settlement of private debt co-investment loans, managing capital calls, monitoring cash across multiple private debt investment funds, and supporting the day-to-day operations of fund partnership vehicles. The Investment Operations Senior Analyst / Associate will be in contact with professionals across the company and will work closely with team members in both in La Jolla and other StepStone offices.    

Essential Job Functions: 

• Allocate loans to relevant investment funds in accordance with the Allocation Policy
• Treasury (Cash management including capital calls, distributions, and monitoring of drawdowns)
• Management of credit and leverage facilities; assist in arranging borrowing and repayments
• Cash management of existing and new CLO products; coordinating transactions with internal and external parties
• Work closely with number of external loan managers, Administrators and Custodians
• Monitor data quality and ensure bookings are recorded in a timely manner
• Support the investment team in the closing of transactions by responding to information requests and providing other support and analysis as needed
• Assist in ad-hoc report production
• Assist the team with day-to-day operations of private debt platform
• Perform other duties as requested or as responsibilities dictate

Education and/or Work Experience Requirements:

For the position at hand, we seek applicants with 1 – 4 years’ work experience and a bachelor degree from a top-tier college or university. The following factors will definitely be a benefit for the potential candidates:

• Demonstrates commitment, accuracy and attention to detail, even in a high-volume, fast-paced environment
• Highly motivated with a passion for the industry
• Middle office experience in an asset manager preferred
• Prior exposure to cash management, credit lines and FX instructions preferred
• Experience with Private Debt asset class a plus
• Experience in fund accounting

Other Desired Skills/Attributes:

• Attention to detail
• Flexibility—StepStone is a dynamic and entrepreneurial organization; all professionals are expected to perform multiple functions
• Promote and demonstrate a positive, team‐oriented attitude
• Effective communication skills and strong problem-solving skills
• Highly proficient in using Excel, Word, and other Microsoft office programs
• Takes initiative and ownership of responsibilities assigned
• Ability to prioritize activities while working on multiple projects and achieve target deadlines
• Must be able to work independently, but contribute in a team-oriented environment

Salary Range - $80,000 - $110,000

The salary range is an estimate of pay for this position.  Actual pay may vary depending on job-related factors that can include location, education, skill, and experience.  The salary range does not include any benefits or other forms of possible compensation that may be available to employees.