Associate – Middle Office (Private Credit)

Attribution Search is supporting a leading global alternative asset manager in the search for a Middle Office Associate to join its Operations team on a contract running through the end of Q1 2027. This is an excellent opportunity for a candidate with a strong private credit/loan operations background who is available to start at short notice.

Working in a front-office-aligned environment, the successful candidate will support a broad private credit platform, ensuring the smooth execution and ongoing management of complex loan transactions across the investment lifecycle.

Responsibilities

• Provide end-to-end operational support across private credit and direct lending transactions, from deal execution through to settlement and ongoing lifecycle management.
• Monitor private credit deal pipelines, including delayed draw facilities, revolvers, and bespoke loan structures, ensuring operational readiness and timely funding.
• Partner closely with Portfolio Managers and Investment Teams to manage funding requirements, cash movements, and daily liquidity reporting.
• Oversee loan servicing activities, including trade support, asset servicing, reconciliations, and collateral management.
• Validate NAV and P&L in conjunction with fund administrators and pricing teams.
• Support FX funding and hedging activities across multi-currency loan portfolios.
• Manage relationships with agent banks, counterparties, custodians, and external service providers.
• Take ownership of month-end processes, including cash, position, and income reconciliations.
• Identify and implement process improvements to enhance the efficiency and scalability of the operations function.

Requirements

• 5+ years’ experience within private credit, loan operations, credit operations, or middle office.
• Strong understanding of private credit products and loan lifecycle events, including complex drawdown mechanics and direct lending structures.
• Experience supporting private loan portfolios in a fast-paced, transaction-driven environment.
• Good understanding of fund accounting concepts, including NAV and P&L.
• Strong stakeholder management skills, with the ability to work closely with investment professionals and external counterparties.
• Candidates should ideally be available to start immediately or at short notice.

Rate: £450–650 per day, depending on experience.

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