Operations Associate
New York, New York • $65,000 - $80,000
About the Company:
Our client provides bespoke financing solutions to mid-size and growing companies and works with owners and management teams to help build lasting value, address immediate needs, and solve complex situations.
Responsibilities:
- Trade capture in the portfolio management systems
- Daily portfolio maintenance of existing loans and processing of credit activity including borrowings, pay downs, interest payments, and restructurings
- Review and circulate daily cash and position reconciliation breaks
- Review Agent notices for accuracy
- Coordinate loan settlements as buyer, seller, and agent including KYC procedures, allocating trades, and drafting flow of funds
- Review loan documents for originations, trades, internal transfers
- Maintain relationships with administrators with daily review of their work product to ensure accuracy
- Daily review of leverage facility cash collections
- Treasury responsibilities including wire set up and callbacks
Requirements:
- Bachelor’s degree in Business, Accounting, Finance, or a related discipline
- 1-3 years working in credit fund operations (direct-lending a plus)
- Knowledge of loan operations a plus
- Sentry, ClearPar, WSO, and/or iLevel experience a plus
- Very smart, high IQ
- Proficiency with excel; VBA/Macro knowledge is a plus
- Can work efficiently and independently
- Strong analytical skills
- Multi-tasker who can work with tight deadlines
- Ability to think outside the box and leverage technology
- Attention to detail and highly organized
- Collegial and very team-oriented
- Go-getter, passionate and high positive energy but respectful at the same time
Benefits:
- Health care plan (Medical, Dental & Vision)
- Retirement plan (401k)
- Life insurance (Basic, Voluntary & AD&D)
- Family Leave (Maternity, Paternity)
- Short term & long term disability
- Late night meal/travel reimbursement
- Monthly $100 cell phone allowance
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