Associate- Credit Line Oversight

Full Time
Dublin, Ireland
7 months ago

StepStone is a rapidly growing Global Private Markets firm who provides customized investment and advisory solutions to some of the most sophisticated investors in the world. With $640 billion of total capital allocations, including $143 billion in AUM, we are highly diversified in the private markets across the globe and provide creative solutions to solve for the objectives of any investment program.  With a culture built on entrepreneurialism, partnership and being a team within teams, our firm offers joiners the opportunity to think out loud, collaboratively.

Essential Job Functions:

  • Business
    • Assisting in conducting RFPs for new lines
    • Taking part / assisting in term sheet negotiation
    • Assist in implementation
  • Reporting obligations
    • Ensuring all reporting line covenants are met
    • Reviewing / uploading the relevant reports
    • Maintaining and submitting borrowing base / PDR report
  • Monitoring
    • Monitoring compliance of lines with fund prospectus and facility agreement
  • Line usage
    • Submit drawdown request together with required documents
  • Ongoing optimisation of the lines (new sub-facilities / increases, etc.)
  • Weekly summary report
  • Chair weekly credit line coordination call
  • Maintain internal databases
  • Ad hoc queries

Education and/or Work Experience Requirements:

For the position at hand, we seek applicants with 5+ years’ work experience and a bachelor degree from a top-tier college or university. The following factors will definitely be a benefit for the potential candidates:

  • Previous experience with Credit Facilities
  • Demonstrates commitment, accuracy and attention to detail, even in a high-volume, fast-paced environment
  • Highly motivated with a passion for the industry
  • Knowledge of the private debt sector a plus
  • Passion for fast-paced learning, especially in a technology-enabled environment
  • Good analytical skills with a flair for processes as well as good IT skills
  • Takes initiative and ownership of responsibilities assigned
  • Ability to prioritize activities while working on multiple projects and achieve target deadlines
  • Strong interpersonal and customer service skills

 

About us

Working out of 26 offices in 15 countries, StepStone has a truly global viewpoint.  As people are our biggest asset, we offer resources to help our employees reach their full potential.  Our principles are based on integrity, transparency, respect and creativity, which together define how we do business.  

Join us

When you choose to work at StepStone, you'll find a group of professionals who are passionate about anticipating changes, solving problems and working together to make it all happen. Our integrated global team shares insights into how managers think and operate, as well as how they might perform.  

StepStone offers a competitive compensation package including salary and incentive compensation for all full time hires, as well as a comprehensive benefits package.

Benefits

We offer a range of benefits which include comprehensive healthcare, strong retirement plan, a mental health well-being program, paid time off, student loan repayment program for our US office locations, and several wellness initiatives.

Disclaimer / Policy Statements

At StepStone, diversity, equity and inclusion are an integral part of our culture. We are an Equal Opportunity Employer that strives to create an inclusive environment that empowers our employees and allows them to be heard, regardless of title or tenure.  Our organizational community features multiple Employment Resource Groups representing our dedication to Diversity, Equity & Inclusion.  

As an Equal Opportunity Employer, StepStone does not discriminate on the basis of race, creed, color, religion, sex, national origin, citizenship status, age, disability, marital status, sexual orientation, gender identity, gender expression, genetic information or any other characteristic protected by law.

Developing People at StepStone

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