Credit Fund Manager

2 weeks ago


Arlington Heights, Illinois, United States Alter Domus Full time

About Alter Domus: Meaning "The Other House" in Latin, Alter Domus is proud to be home to 85% of the top 30 asset managers in the alternatives industry, and more than 5,000 professionals across 23 countries.

Your Role: Invest yourself in the alternative, and join an organization where you progress on merit, where you can speak openly with whoever you are speaking to, and where you will be supported along whichever path you choose to take.


Key Responsibilities:

  • Provide mentorship and leadership to team members, ensuring team training and career development.
  • Act as the primary contact for clients, their investors, auditors, and other stakeholders.
  • Oversee the preparation of financial statements and supporting schedules, including journal entries, trial balances, and capital activities.
  • Review investor allocations, ad-hoc communications with investors, workpapers, and unaudited financial statements.
  • Analyze management fees, incentive fees, and waterfall calculations.
  • Ensure compliance of funds/accounts with client agreements.
  • Manage client expectations and communicate deliverables clearly and timely.
  • Assist with auditor communications, 1099 form preparation, and onboarding processes for new clients and funds.
  • Lead ongoing Credit Fund automation projects.
  • Communicate with senior team members regarding the status of reports and projects.
  • Monitor and create efficiencies within funds/accounts and ensure implementation of improvements.
  • Collaborate with senior team members on special client requests.
  • Contribute to the development of policies and procedures.

Qualifications:

  • Bachelor's degree in Accounting, Finance, or a related field.
  • Expertise in Credit Fund Accounting and Bank Loan Markets operations.
  • In-depth understanding of private credit and structured product investments.
  • Experience in preparing journal entries and other fund accounting processes.
  • Deep knowledge of Fund Accounting technology platforms.
  • Advanced Microsoft Excel skills, including advanced formulas and pivot tables.
  • Understanding of multiple vehicle structures including parallel, co-investor, blocker, feeder, and holding company structures.
  • Ability to quickly learn and understand Alter Domus' accounting systems and corresponding reporting.

What We Offer:

  • Support for professional accreditations such as ACCA and study leave.
  • Flexible arrangements, generous holidays, and birthday leave.
  • 24/7 mental, physical, emotional, and financial support from our Employee Assistance Program.
  • Additional local benefits depending on your location.

Diversity and Inclusion: Thanks to the work of our Group DE&I Committee and network of DE&I Champions, we empower all of our people to be truly invested in the alternative.


Equal Opportunity Employer: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.



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