Private Fund Operations, Vice President

Position Summary

Reports to Co-Head of Asset and Entity Services within the Guggenheim Credit Services Holdings Business unit. The team currently provides administration and servicing oversight on transactions originated by Guggenheim Investments and its affiliates including Private Debt Funds and ABL Financings. Responsible for execution, reporting, and servicing Private Debt Funds and credit facilities. This position will be based in our New York City or Chicago office full-time.

Responsibilities

Key Responsibilities:

• Work closely with deal team to assist in structuring and review of transaction documents, and assurance that documents reflect modeled structures
• Work closely with Client Service Support to initiate the establishment of transactional entities and opening of required accounts including approval and set up of new transactions on relevant Guggenheim operational control systems
• Instruction of cash movements amongst various entities within complex fund structures
• Creation of Funds Flow within the pre-close process and execution of flow at close date of Private Fund
• Development of ongoing transaction procedures and assignment of responsibilities
• Direct communication with internal deal/structuring teams pertinent to administrative obligations of transactions
• Experience with understanding complex fund structures
• Management of transaction structures involving counterparties, servicers, trustees, fund administrators, and Guggenheim operational and control functions
• Execution of amendment, restructuring, and closure of entities at end of transactions
• Implementation and continued enhancement of processes and procedures tailored to entities administered and serviced, in coordination with firmwide policy and procedure standards
• Develop and maintain model that provide testing guidelines including overcollateralization, interest coverage and collateral quality tests specified in Indentures by use of proprietary models
• Review and tie-out extensive data for trustee monthly and quarterly payment reports
• Maintain borrowing base files for leverage facilities and facilitate any fundings or paydowns on the leverage as directed by portfolio management
• General fund oversight which includes monitoring and maintain covenants of leverage facilities
• Shadow and review waterfall calculations and servicer report
• Assist manager with data collection for any ad hoc requests related to due diligence/RFP, and audit

Qualifications

Basic Qualifications

• Bachelor's degree
• 7+ years of experience in private credit operations servicing private debt
• Strong credit, finance, economic, business and technical skills and attention to detail
• Excellent analytical and problem-solving skills; ability to structure creative solutions
• Works with a large degree of independence but require guidance on complex issues/situations
• Is highly proactive with strategies to improve processes and efficiencies
• Able to review governing transaction documents and understand how to execute correctly on transactions
• Strong written and verbal communication skills
• Strong commitment to performance and accuracy of work product
• Team oriented individual with ability to work well with diverse and geographically dispersed groups
• Sets and achieves individual and team goals
• Ability to multi-task across a robust pipeline of diverse investments in a detail-oriented and timely manner

Preferred Qualifications

• Advanced degree
• 8+ years (VP) experience in investment management or banking operations including structured finance and SPV issuers
• Current hands-on experience with Loan Reporting (e.g. borrowing base, analytics, payment date reports, lender reporting, etc.)
• Prior experience with private credit and middle market loans
• Experience with utilizing WSO
• Progress towards CFA
• Experience in management, coaching, and development of junior talent

We are not seeking agency assistance with this role.

We are unable to consider candidates who require current or future visa sponsorship for employment in the United States. Candidates must be authorized to work in the US without current or future visa sponsorship or transfer.

The benefits offered for this position:

• 401k with matching contribution
• Healthcare and wellbeing programs
• Paid leave
• Learning and development opportunities
• Family and caregiving support
• Employee assistance program

Salary Range

Annual base salary between
$155,000.00-$170,000.00

The base salary range represents the low and high end of the anticipated base salary range for this position. Actual base salaries may vary depending on factors such as location and experience. The range listed reflects base salary only, and the total compensation package may include other components such as incentive compensation.