Job Description Summary
For over forty years, HarbourVest has been home to a committed team of professionals with an entrepreneurial spirit and a desire to deliver impactful solutions to our clients and investing partners. As our global firm grows, we continue to add individuals who seek a collaborative, open-door culture that values diversity and innovative thinking.
In our collegial environment that’s marked by low turnover and high energy, you’ll be inspired to grow and thrive. Here, you will be encouraged to build on your strengths and acquire new skills and experiences.
We are committed to fostering an environment of inclusion that promotes mutual respect among all employees. Understanding and valuing these differences optimizes the potential of both the individual and the firm.
HarbourVest is an equal opportunity employer.
This position will be a hybrid work arrangement. You will receive 18 remote workdays per quarter to use at your discretion, subject to manager approval. For example, you may choose to work in the office 4 days per week and take one remote day weekly (typically 13 weeks per quarter), leaving 5 additional remote days to be used as needed.
The Credit Portfolio Associate plays a meaningful role in supporting HarbourVest’s Private Credit team with capital raising, portfolio management, and operational execution. This position provides extensive exposure to portfolio operations, data management, marketing and fundraising activities, fund modeling, and the overall investment process.
You will collaborate closely with internal teams, including Credit deal teams, Credit Distribution, Quantitative Investment Science (QIS), Technology, Solutions, and Accounting, and coordinate with external fund administrators.
Please note, this role does not involve direct evaluation or execution of credit investments.
What you will do:
Perform portfolio and strategy-level analyses to support management decisions, client requests, and internal reporting
Ensure data integrity by monitoring position-level accuracy and completeness
Prepare and maintain the Private Credit track record for fundraising and client updates
Develop and monitor essential performance and portfolio metrics for HarbourVest’s Private Credit portfolio
Build and update fund cash flow models to support planning and forecasting
Maintain internal processes, workflows, and databases for performance and investment metrics
Support central initiatives, ad-hoc projects, and operational improvements within the Credit team
Collaborate with IT and data management teams to improve data reporting tools and automation processes
Oversee and coordinate multiple third-party administrator relationships with daily and monthly portfolio requirements
Assist in the evaluation and integration of new software or systems
What you bring:
Strong collaboration skills with the ability to manage multiple priorities and competing requests
Solid understanding of credit markets, terms, and common LP data requirements
Excellent analytical and problem-solving capabilities with keen attention to detail
Effective written and verbal communication skills
Ability to work independently and manage tasks with minimal supervision
Technical proficiency in Excel, Word, and PowerPoint; exposure to SQL, Python, Power BI, and Snowflake preferred
Familiarity with Allvue Portfolio Management is a plus
Education Preferred
Bachelor of Arts (B.A) degree or equivalent experience
Bachelor of Science (B.S) credential or equivalent experience
CFA and/or CAIA designation is a plus
Experience
3+ years of relevant experience in private markets, portfolio operations and analytics
#LI-Hybrid
Salary Range
$79,000.00 - $111,000.00This USD base salary range represents only one component of total compensation for this role and is provided in accordance with local requirements. This role is eligible for a discretionary annual bonus, which is determined based on individual and overall firm performance. In addition to salary and bonus, total compensation may include eligibility for long-term reward programs and a comprehensive total rewards package that may include retirement, health, insurance, paid time off, and wellness programs. Our total rewards offerings are influenced by several business factors, and eligibility for certain components will vary by position and geography. Please note the posted ranges do not apply outside the U.S. and should not be converted to other currencies as a proxy for compensation in other countries.