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

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

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• 5+ years' experience within private credit, loan operations, credit operations, or middle office.
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• Strong understanding of private credit products and loan lifecycle events, including complex drawdown mechanics and direct lending structures.
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• Experience supporting private loan portfolios in a fast-paced, transaction-driven environment.
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• Good understanding of fund accounting concepts, including NAV and P&L.
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• Strong stakeholder management skills, with the ability to work closely with investment professionals and external counterparties.
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• Candidates should ideally be available to start immediately or at short notice.
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Rate: £450–650 per day, depending on experience.