Private Credit Operations-Senior Associate

Who We Are - MassMutual India
Since 1851, MassMutual's commitment has always been to help people protect their families, support their communities, and help one another. Therefore, we want to inspire people to Live Mutual. We at MassMutual value diversity and inclusion. We're people helping people
A career with us means you will work alongside exceptional people and be empowered to reach your professional and personal goals. Our employees are the foundation of what makes MassMutual a strong, stable, and ethical business. We seek and value unique and varied perspectives and experiences because we believe we are stronger when all voices are heard. We invite you to bring your bright, innovative ideas to MassMutual as we continue to help millions of Americans rely on each other.
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 manager's 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 fund's 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.

Why Join Us?
We've been around since 1851. During our history, we've learned a few things about making sure our customers our top priority. In order to meet and exceed their expectations, we must have the best people providing the best thinking, products, and services. To accomplish this, we celebrate an inclusive, vibrant, and diverse culture that encourages growth, openness, and opportunities for everyone. A career with MassMutual, Great Place to Work® certified and India's Best Workplaces in BFSI 2023 - Top 50 organization means you will be part of a strong, stable, and ethical business with industry leading pay and benefits. And your voice will always be heard.
Does this sound like a great fit? Apply today!