Sound Point Capital Management, a credit-oriented investment manager overseeing approximately $46 billion in total assets, is seeking an Operations Associate to join its Direct Lending team.

Sound Point has a diverse product line which includes CLOs and various funds that invest in stressed and distressed credit, commercial real estate, structured products, consumer loans, and corporate special situations. Based in New York, the firm employs more than 200 talented individuals and has grown steadily since inception.

Job Responsibilities

Assist with setup of new deals.

Process new trade bookings and fundings.

Daily cash and position reconciliation with custodians and prime brokers.

Monitor daily account activity at custodians and prime brokers.

Respond to inquiries from clients, custodians, and administrators.

Maintain accounting system and activity bookings.

Review and reconcile deal activity.

Instruct wire movements.

Perform month-end reconciliation and closing with the Accounting team and fund administrator.

Prepare various daily reports for use by operations and investment teams.

General database reconciliation and updates.

Qualifications

Candidate must have a minimum of two to four years previous experience in financial operations or accounting roles at a bank, asset manager, or fund administrator.

Highly organized with a working knowledge of the functions and life-cycles of different investment products such as bonds, bank loans, swaps, options, and equities.

Candidate must have strong skills in Microsoft Excel and Outlook.

An undergraduate degree is required.

Ideal candidate is particularly attentive to details, analytical, organized and can handle stressful situations with ease.

Exhibits a high degree of initiative with the ability to work independently, exercises good judgment and completes assignments thoughtfully.

Experience with database accounting systems, order management systems and reconciliation systems is preferred.

Knowledge of Advent Geneva, Allvue Everest, or Indus Valley Partners (“IVP”) products is a plus.

Prior fixed income operations (Buy or Sell-side) is a plus.

Compensation

$75,000 - $100,000

Diversity Statement

At Sound Point, we are committed to building an inclusive workplace that promotes and values diversity. We believe that creating diverse and inclusive teams with employees from a wide variety of backgrounds, knowledge and experiences enhances our corporate culture and our ability to serve our diverse client base.

Equal Opportunity Statement

We are an equal opportunity employer, and we value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. (Note - This position is exempt and would not qualify for overtime pay.)