Operations Associate
New York, New York • $100,000-$140,000
About the Company:
Our client is a multi-billion dollar global alternative investment manager that operates across multiple asset classes. It serves institutional and private clients diversified investment opportunities and access to global markets.
Responsibilities:
- Reconcile open trades and monitor the trade settlement process for loans, bonds, and equity
- Perform daily portfolio reviews and reconciliations
- Reconcile monthly CLO reporting and quarterly distributions
- Monitor deal and warehouse cash balances and perform calculations for warehouse fundings and prepare drawdown requests
- Assist with CLO transactions including new issue, resets, and refinancing’s
- Assist fund accountants and administrators to resolve any bank loan related inquiries or discrepancies
- Ensure compliance with CLO indentures for the investment team
Requirements:
- Bachelor’s degree required
- 3-5 years of operations experience
- Experience within banking a plus
- Experience with ClearPar and Loan Settlement Process
- Experience with Sentry, Wall Street Office, or other loan processing systems
- Experience with cash and position reconciliation
- Knowledge of CLO indenture compliance and reporting
Salary Range:
$100,000-$140,000
#LI-BM1