Manager of Collateral Monitoring

Job Title: Manager of Collateral Monitoring Location: CA - Los Angeles, La Playa What you'll do: Our lender finance business extends credit facilities to specialty finance companies, secured by portfolios of underlying loans and receivables. The integrity of those facilities depends on one thing above all: knowing — not assuming — that our counterparties are accurately delivering the collateral and related security documentation that secure the facilities. We are creating a dedicated Head of Collateral Controls to own that certainty. This is a newly carved-out function, elevated from within our portfolio management team. You will be the person who independently verifies what the portfolio team monitors, who closes the gap between what our trustees confirm, and who manages/selects the technology and vendor infrastructure that makes our control environment best-in-class. This is a hands-on individual contributor role at the VP level with meaningful support from our portfolio management team — and a clear mandate to build a team as the function scales. Documentation & Collateral Integrity Own end-to-end tracking of all documentation owed by counterparties under our credit agreements — financial statements, compliance certificates, borrowing base reports, credit agreements and amendments, UCC filings, and collateral assignments Maintain and continuously improve the documentation tracking framework; identify gaps, chase exceptions, and escalate persistent delinquencies to deal teams and leadership Independent Verification & Audit Coordination Serve as primary day-to-day relationship owner for third-party audit firms (e.g., Big 4 accounting) conducting periodic examinations of our underlying borrowers — scoping engagements, scheduling fieldwork, reviewing findings, and driving remediation Independently re-verify what our trustees and servicers report: reconcile trust-level confirmations against counterparty-level reality, and double-check that borrowers are making sound credit decisions and complying with covenants under our agreements Review audit findings for early warning signs — eligibility drift, covenant pressure, documentation deterioration — and translate them into actionable recommendations for portfolio managers Counterparty Due Diligence Manage the background check program for principals and partners at the finance companies we lend to — at onboarding and on a recurring refresh cycle Maintain due diligence files and flag adverse findings to deal teams and credit leadership Risk Technology & Vendor Management Own and administer the software tools we use to validate borrowing bases and obtain independent marks on underlying names Proactively scan the market for collateral monitoring, data extraction, and portfolio surveillance tools we are not yet using — evaluate, pilot, and build the business case for adoption Manage relationships with software vendors and data providers; negotiate scope and hold them accountable to service levels Partner with portfolio management to automate manual verification work and raise the bar on what “well-controlled” means for a business of our scale Why This Role Build a function, not just fill a seat — you will define how collateral controls work here, with executive sponsorship and a mandate to grow a team High visibility — your work directly informs credit decisions and is reviewed by senior leadership; this is a control function with a seat at the table, not a back-office checkbox A growing platform — our lender finance and structured products business is scaling ($10B AUM), with significant committed capital to deploy; the control infrastructure you build will be the foundation it grows on What you'll need: 8+ years of related experience. 5+ years of experience in asset-based lending, lender finance, structured products, field examination, collateral analysis, loan operations, or credit risk review — ideally spanning more than one of these Meticulous