Operations, Associate Director

New York, New York • $90,000 - $135,000

About the Company:

Our client, one of the world’s most prestigious Asset Managers, is seeking to hire an Associate or Associate Director to work on Trade Support and Operations for the firm’s flagship credit investments. This individual will take on a wide range of responsibilities within the operations vertical and will be exposed to complex credit and real estate investments. He or she will report to and be mentored by the team’s Head of Operations and will liaise with  front office finance professionals daily.

Responsibilities:

  • Responsible for daily reconciliation of cash, position, and accruals
  • Processing notices received for events related to paydowns, interest, coupons, delayed draws, revolvers, PIK, cashless rolls
  • Applying back dated coupon/factor updates
  • Working closely with Security Master/Pricing team to set up new securities/symbols
  • Monitoring and booking restructures, bridge/commitment fees, and interest defaults
  • Working on ad-hoc desk requests regarding investments (new/current/closed)

Requirements:

  • Bachelor’s Degree in Finance or Accounting
  • 4-8 Years of Experience in a Middle Office Position at an Investment Management firm
    • Experience with Credit products a plus

Compensation & Benefits:

  • $90,000 – $135,000 Base Salary
  • Industry-leading Bonus
  • Free breakfast and lunch
  • 401k with generous Match
  • 9pm-6pm daily hours

 

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