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Operations Senior Associate

Percent
Full-time
On-site
New York, New York, United States
$130,000 - $160,000 USD yearly

About Percent

Percent is unlocking private credit and providing unparalleled access through its modern marketplace, empowering investors, borrowers, and underwriters with innovative technology to increase the speed and frequency of transactions at a fraction of the cost. The company’s core infrastructure delivers public market efficiencies to the analog private credit market by powering the sourcing, structuring, syndication, surveillance and servicing of private credit transactions from beginning to end. Founded in 2018, Percent’s platform is becoming the market standard for asset-based and corporate lending, powering over $2 billion in transaction volume in a multi-trillion-dollar private credit industry.

The Role

We're seeking an Operations Senior Associate with 4 to 6 years of experience, to manage critical day-to-day business operations, including all banking operations and money movement. You'll support deal execution and cash management across Operations, Investor Relations, and Underwriting & Analytics teams while partnering with Product and Engineering to identify improvement opportunities and develop technology-integrated solutions. Additional responsibilities include managing back-office activities with accountants, driving process improvements for greater efficiency, and assisting with reporting and analytics. The ideal candidate is a detail-oriented self-starter with excellent time management and communication abilities, capable of working both independently and collaboratively while managing junior team members

Responsibilities:

  • Integral role on the Operations team managing the day-to-day business
  • Handle all banking operations and money movements
  • Assist the Operations, Investor Relations, and Underwriting teams with managing deal execution and cash management activities
  • Work closely with the Product and Engineering teams, to help find areas of improvement and generate ideas for technology integrated solutions on the platform
  • Identify opportunities to automate manual processes and enhance operational efficiency
  • Work with our Finance team and accountants to manage the back office activities
  • Develop automated reporting solutions for internal stakeholders and external investors
  • Maintain and improve existing excel-based models while transitioning workflows to scalable solutions

Key Qualifications:

  • 4-6 years of relevant work experience including banking, private credit, fintech, or alternative investment markets.
  • Current licenses, or willing to take shortly after joining: Series 7 and Series 63 or Series 99
  • Advanced Excel / Google Sheets proficiency
  • Detail-oriented and organized with excellent time management skills
  • The ability to work creatively and analytically in a fast-paced, problem solving environment
  • Able to communicate effectively with a broad range of stakeholders
  • Ability to quickly address problems independently
  • Equally comfortable working collaboratively on a team, as well as autonomously
  • A passion for startups, financial services, and technology companies

Benefits:

  • Competitive base salary and equity compensation
  • Hybrid work environment in NYC
  • Commuter stipend
  • Paid vacation days
  • 100% paid medical coverage for employee/family
  • Dental & vision insurance
  • 401(k)

The pay range for this role is $130,000 - 160,000 depending on multiple factors, which may include the successful candidate's skills, experience and other qualifications.

Percent is committed to a diverse and inclusive workplace. Percent is an equal opportunity employer and does not discriminate based on any of the following: race, religious creed, color, age, sex, sexual orientation, gender identity, gender expression or gender characteristic, national origin, religion, marital status, medical condition, physical or mental disability, military service or veteran status, pregnancy, childbirth and related medical conditions, or any other classification protected by federal, state, and local laws and ordinances.

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