Audax Group is a leading alternative investment manager with offices in Boston, New York, San Francisco, and London. Since its founding in 1999, the firm has raised over $40 billion in capital across its Private Equity and Private Debt businesses. With more than 400 employees and approximately 180 investment professionals, the firm is a leading capital partner for North American middle market companies. For more information, visit the Audax Group website www.audaxgroup.com.
POSITION SUMMARY:
This role is responsible for various functions within the Senior Debt Operations Team. This entails tracking activity of investments across the Senior Debt business including tracking cash and purchasing power at different entities, leverage facilities and performing all aspects of the trade closing process.
RESPONSIBILITIES:
- Prepare daily and monthly borrowing and leverage reports
- Prepare/Review daily ABL, CLO Lite, Line of Credit, and Warehouse reports for cash borrowing needs, repayments, and reporting input accuracy
- Train, develop, and serve as a resource for junior team members on daily inquiries and questions
- Anticipate upcoming business needs and communicate effectively with senior team members
- Contribute to the primary, secondary, and transfer closing processes
- Monitor cash needs and forecast trade fundings
- Coordinate with Operations, Finance, and Treasury teams on wire set up, release, and documentation on wires
- Manage agency deals and lead lender transfer requests post close
- Work with the TresVista team in the reconciliation and trade closing processes
- Contribute to BMS/WSO system accuracy and items for daily processing
- Assist with the audit confirmation and AUP testing procedures
COMPETENCIES:
- Understanding of alternative investments and private debt, specifically leveraged loans
- Highly proficient in Excel
- Exceptional attention to detail, placing a high priority on accuracy
- Advanced organizational skills with the ability to multitask and prioritize workload
- Extremely motivated with the ability to monitor own workload to meet deadlines
- Strong interpersonal and communication skills
REQUIREMENTS/QUALIFICATIONS:
- BS in Finance, Accounting, Economics, Business or a related major; CFA or MBA a plus
- 6-10 years relevant professional experience
TRAVEL:
- None
This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Duties, responsibilities and activities may change or new ones may be assigned at any time with or without notice.
Audax Management Co. is an equal opportunity employer.
Please note that Audax Group and its affiliated entities do not accept unsolicited resumes from a third-party recruiting agency not currently under a signed agreement. Any unsolicited resume that is sent to directly to Audax Group or one of its affiliated entities, or its employees, including those submitted to hiring managers by a third-party recruiting agency not currently under a signed agreement, will be considered property of Audax Group. If a third-party recruiting agency submits a resume without an agreement, Audax Group or its affiliated entities explicitly reserves the right to pursue and hire those candidate(s) without any financial obligation to the third-party recruiting agency. Any third-party recruiting agency should contact either a member of the Talent Acquisition or Human Resource team at Audax Group, in conjunction with a valid, fully executed contract for service based upon a specific job opening.
Top Skills
What We Do
Founded in 1999, Audax Group is a leading alternative investment manager with offices in Boston, New York, San Francisco and London. With approximately $36 billion of assets under management and more than 360 employees, Audax is a leading capital partner for middle market companies, operating through three distinct business lines: Audax Private Equity, Audax Private Debt, and Audax Strategic Capital.
For more information, visit the Audax Group website www.audaxgroup.com.
