Private Credit Operations-Associate

1 week ago


Hyderabad, Telangana, India MassMutual India Full time
Job Description

The responsibilities of the role include, but are not limited to:

- Solid technical and working knowledge over fund oversight model, financial and fund accounting, ability to document, justify, and demonstrate complex fund financial, accounting, and fund operation matters.
- Oversee daily cash forecasting, monitoring investment activities and fund expenses, and managing liquidity requirements.
- Oversee entire capital call and distribution process and working schedules and notices prepared by TPAs.
- Extensive working knowledge in fund close and equalisation process in multi-currency setting.
- Manage credit and leverage facility operations such as drawdown, repayment, payment process, and covenant reporting.
- Oversee quarterly NAV reporting package and its supporting schedules from TPAs.
- Oversee quarterly allocation file and capital statements.
- Oversee quarterly financial statements and its supporting schedules.
- Oversee management fee and performance fee calculations.
- Oversee and re-calculate fund performance metrics such as IRRs and Investment Multiples at both fund and asset level.
- Produce investor reporting package such as investment managers report, portfolio details report and various ad-hoc reporting.
- Aid investment team for deal funding process to ensure timely funding.
- Ensure fund budget and expenses are in-line with fund document and expectations and payments are approved and processed in a timely manner.
- Working with various internal and external parties for the funds external audit.
- Aid with regulatory and compliance reporting for AIFMD, Solvency II and other regulatory reporting.
- Proactively address queries and resolve issues from both internal and external stakeholders.
- Assist in various ad-hoc projects to improve fund oversight models, processes, and controls.

We are moving to Aladdin and eFront for our in-house global operating platforms, post training:

- Review and resolve accounting exceptions sourced from Aladdin Accounting.
- Work closely with internal partners (including, but not restricted to Cash Reconciliations, Transaction Management, Income & Corporate Actions) to ensure timely and accurate resolution of accounting exceptions in Aladdin.
- You will follow the processes and controls set out by team management.
- Demonstrate credibility with a proven competency and knowledge of the related operational activities, as well as drive efficiency and accuracy to reduce risk in our processes.

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