Operations Associate, Private Debt

Audax Group · MCO - NYC - Operations : Private Debt (BOS)

Where: Boston, MA
Posted: Dec 12, 2025

Founded in 1999, Audax Group is a leading alternative investment manager with offices in Boston, New York, San Francisco, London and Hong Kong. With approximately $42 billion of assets under management and more than 475 employees, Audax is a leading capital partner for middle market companies, operating through three business lines: Audax Private Equity, Audax Private Debt, and Audax Strategic Capital.

For more information, visit www.audaxgroup.com or follow Audax Group on LinkedIn.

POSITION SUMMARY:

This role is responsible for various functions within the Private Debt Operations Team. This team member will work closely with the deal and Finance teams in coordinating and executing all aspects of the trade closing process through review of allocations, legal documents, and the flow of funds while executing wire transfers.

What you'd do

Lead daily trade activity by contributing to the settlement of Primary and Secondary trades with counterparties utilizing WSO, ClearPar, and BlackMountain systems
Interact daily with Portfolio Managers and PD Fund Management Team for allocations and coordination of trade settlements
Work with senior members of the Operations Team on direct deal closings and transfer projects
Coordinate with agent banks on a regular basis – resolution of trade discrepancies, timing of trade closing, and KYC
Work closely with Trustee/Custodians on trade fundings and record keeping while assisting with daily inquiries across holdings
Record and verify Paydowns/Drawdowns, Interest rate resets, PIK interest calculations, and Delayed Comp accruals/calculations
Work with the TresVista team in the reconciliation and trade closing processes along with executing upcoming Revolver and Delayed Draw fundings
Contribute to BMS/WSO system accuracy and items for daily processing
Assist with new fund onboarding and opening new bank accounts
Coordinate with Operations, Finance, and Treasury teams on set up, release, and documentation of wires

What they want

BS in Finance, Accounting, Economics, Business Management, or a related major
At least 5-8 years of professional experience, primary focus on debt products a plus
Working knowledge of WSO, ClearPar, and BlackMountain a plus
Advanced knowledge of Excel
Strong organizational skills with the ability to multitask and prioritize a time sensitive workload
Strong interpersonal and communication skills