Loan Operations Associate
The Loan Operations Associate at Carta plays a pivotal role in managing the end-to-end processes of private credit and direct lending transactions. This position is integral to Carta's Loan Operations team, which is central to how private credit and direct lending firms manage their loan portfolios. The team collaborates directly with borrowers, lenders, and institutional clients to support the full loan lifecycle on Carta's platform—from onboarding and administration through reconciliation, reporting, and investor servicing.
In this role, the associate will be responsible for supporting loan onboarding, closings, and operational setup for private credit and direct lending transactions. They will process complex loan lifecycle events such as fundings, repayments, prepayments, rollovers, and amendments with accuracy and timeliness. Additionally, the associate will perform cash, position, and transaction reconciliations to maintain data integrity across borrower, lender, and settlement records. Generating recurring and ad hoc operational reports and responding to inquiries from internal and external stakeholders are also key responsibilities. The associate will collaborate with Product and Engineering teams to identify process inefficiencies and support platform enhancements that improve scalability and client experience.
Candidates should have at least 2 years of experience in loan operations, private credit operations, fund administration, or commercial lending, with a strong attention to detail and a commitment to accuracy. A solid understanding of the loan lifecycle, including syndicated loans, direct lending structures, revolvers, and lifecycle events such as closings, fundings, amendments, and payoffs, is essential. Proficiency in leveraging modern tools, including AI-powered productivity tools, to automate tasks and improve efficiency is highly valued. Strong communication skills are necessary to build effective working relationships and respond clearly and professionally to inquiries from borrowers, lenders, clients, and internal stakeholders. Analytical and organizational skills are crucial for performing interest, fee, payoff, and other loan-related calculations with confidence.
The compensation package for this role includes a market-competitive salary, equity for all full-time roles, and exceptional benefits. For positions based in New York, NY, the expected cash compensation range is $105,400.00 - $124,000.00. Final offers may vary based on geography, experience, expertise, and other factors.
Carta is a financial technology company that provides equity and ownership management software for private companies, investors, and their employees. Its platform digitizes cap tables and replaces paper stock certificates, handling related work like 409A valuations, equity plan administration, tender offers, and compliance reporting. Carta operates a large fund administration business used by thousands of venture capital and private equity funds to manage back-office operations and portfolio data. The company has been recognized by Fortune, Forbes, Fast Company, Inc., and Great Places to Work.