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About Us

**Wellington Management** offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return and risk objectives of institutional clients in more than 60 countries, draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate. As a private partnership, we believe our ownership structure fosters a long-term view that aligns our perspectives with those of our clients.

About the Role

THE COMPANY

Wellington Management offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return and risk objectives of institutional clients in more than 55 countries, draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate. As a private partnership, we believe our ownership structure fosters a long-term view that aligns our perspectives with those of our clients.

OVERVIEW

The Private Credit Operations Lead will be responsible for executing and supporting all operational activities within the private credit and commercial real estate debt deal execution/settlement process, and lifecycle management (coupon/principal/fee payments), along with other corporate actions. This role will present the opportunity to work with multiple teams across the firm, including investments, private investment valuation, investment product and fund services, legal & compliance, tax, and information technology to develop and integrate private credit and commercial real estate debt data & workflows into an existing private credit operating model. Additionally, the Lead will play a critical role in the development and enhancement of core operational processes and controls, as well as in training and mentoring junior members of the team. The ideal candidate has deep expertise in supporting life cycle events for various private credit strategies, including investment grade private placements, direct and venture lending, specialty finance, and commercial real estate debt.

RESPONSIBILITIES

+ Support all aspects of loan administration as a Senior member of a dedicated operations team supporting several private credit and real estate strategies, including investment grade private placements, growth lending, commercial real estate debt, and specialty finance.

+ Assist portfolio management teams with closing activities and the coordination of transaction activity across portfolio management, fund administrators, agents, and loan administration service providers

+ Provide oversight of daily operations activities at external service providers to ensure timely and accurate asset servicing on internal and third-party platforms. This will include the setup of new issuer/deal records, credit facilities/securities, new trade/issuance booking, guideline monitoring, lifecycle activity, corporate actions, collateral & covenant monitoring, periodic reconciliations, and final disposition of all portfolio holdings.

+ Analyze complex credit/note purchase agreements and identify critical attributes necessary to operationalize each deal we invest in.

+ Understand investment guidelines across multiple client relationships and act as first line of defense for pre- and post-trade compliance monitoring.

+ Participate in third party vendor outsourcing assessments and on-boarding, as well as continuously evaluate in-source/out-source decisions as the platform grows

+ Maintain data oversight of internal and external asset record keeping. Design and provide ad-hoc and standard reports by slicing data and presenting several outcomes for internal stakeholders and clients

+ Lead projects for automation and process improvements related to loan closings, trade workflow, deal tracking, position reconciliations, and cash management. Participate in cross-functional projects including third-party service provider and technology vendor evaluation, & technology implementation.

+ Stay abreast of regulatory requirements and industry best practices (LSTA) for loan, credit, and debt securities

QUALIFICATIONS

+ 7-10 years of experience with demonstrated deep expertise in private direct lending administration and supporting private credit strategies, including investment grade private placements, direct and venture lending, specialty finance, and commercial real estate debt

+ Experience with industry technology and platforms used in supporting private credit and real estate strategies such as IVP (Indus Valley Partners), Sentry-PM, Allvue, IHS Markit-WSO/ClearPar; CBRE, Citus, Midland, Bellwether, and Geneva.

+ Demonstrated leadership skills and accountability executing against a strategic vision, including integrating the use of third-party service providers into the overall support function

+ Highly collaborative working style, willing to roll up sleeves and dig in to solve problems independently and as part of a broader team

+ Strong business, critical, and analytical thinking capabilities with excellent writing and oral communication skills

+ Must be detail-oriented while able to consider the bigger picture and quick to understand and apply new concepts in a high-performing environment

+ Highly effective change-agent who is constantly assessing where processes can be improved, and embraces change and flexibility

+ Demonstrated organizational, project, and time management skills with the ability to multi-task and handle competing and changing priorities with tight deadlines

+ Strong academic credentials, MBA/CPA/CFA/CAIA preferred

Not sure you meet 100% of our qualifications? That’s ok. If you believe that you could excel in this role, we encourage you to apply and welcome a chance to review your background. We are dedicated to building and maintaining a diversified workforce and considering a broad array of candidates with a variety of skill, workplace experiences, and backgrounds.

_As an equal opportunity employer, Wellington Management ensures that all qualified applicants will receive equal consideration for employment without regard to_ _r_ _ace, color, sex, sexual orientation, gender identity, gender expression, religion, creed, national origin, age, ancestry, disability (physical or mental), medical condition, citizenship, marital status, pregnancy, veteran or military status, genetic information or any other characteristic_ _protected by applicable law_ _._ _If you are a candidate with a disability, or are assisting a candidate with a disability, and require an accommodation to apply for one of our jobs, please email us at_ [email protected]_ _._

At Wellington Management, our approach to compensation is designed to help us attract, inspire and retain the best talent in our industry. We strive to pay employees fairly and competitively across all levels and roles. Our approach to compensation considers all aspects of total compensation; all employees are eligible to receive salary, variable compensation, and benefits. The base salary range for this position is:

USD 120,000 - 225,000

This range takes into account the wide range of factors that are considered when making compensation decisions, including but not limited to skill sets; role; skills and experience; certifications; and education. This range is an estimate, and further details on salary and total compensation aspects will be shared with candidates during the recruitment process.

Base salary is only one component of Wellington’s total compensation approach. Other rewards may include a discretionary Corporate Bonus and/ or Incentives, if eligible. In addition, we offer a comprehensive and high value benefit package to meet the unique needs of our employees and their families, and we are committed to fostering a flexible work environment that enables employees to thrive personally and professionally. Examples of our benefits include retirement plan, health and wellbeing, dental, vision, and pharmacy coverage, health savings account, flexible spending accounts and commuter program, employee assistance program, life and disability insurance, adoption assistance, back-up childcare, tuition/CFA reimbursement and paid time off (leave of absence, paid holidays, volunteer, sick and vacation time)

We believe that in person interactions inspire and energize our community and are essential to our culture. In support of this commitment, our employees work from our offices 4 days a week with flexibility to work remotely 1 day a week. We believe that this approach ultimately supports our mission to deliver investment excellence to our clients and their beneficiaries over the long term.

Tracing our history to 1928, Wellington Management is one of the world’s largest independent investment management firms. We serve as a trusted adviser to clients in over 60 countries, visit our website to see our assets under management. Our innovative investment solutions are built on the strength of proprietary, independent research and span nearly all segments of the global capital markets, including equity, fixed income, multi-asset, and alternative strategies. As a private partnership whose sole business is investment management, our long-term views and interests are aligned with those of our clients. We are committed to attracting a talented and diverse workforce, and to fostering an open, collaborative culture of inclusivity because we believe multiple perspectives lead to more informed investment and business decisions. As an Equal Opportunity Employer, we welcome people with diverse life experiences, fresh ideas, and specialized subject-matter expertise. We believe that in person interactions inspire and energize our community and are essential to our culture. In support of this commitment, our employees work from our offices 4 days a week with flexibility to work remotely 1 day a week. We believe that this approach ultimately supports our mission to deliver investment excellence to our clients and their beneficiaries over the long term.

For more information, please visit https://www.wellington.com/en/ (https://www.wellington.com/en/about-us)