What are the responsibilities and job description for the AVP, Senior Credit Operations Analyst position at Atlantic Group?
Company: $50B Private Equity Credit Fund
Role: AVP Operations
Location: New York, NY - 3-4 days in office
This person will play a key role in the daily support of the Specialty Finance Fund portfolio management team and other alternative strategies. The role will focus heavily on the day-to-day functional support of this strategy including the following: Trade Confirmation, Cash and Position Reconciliations, project management of all new loan platforms, Pricing, Data Integrity, Trade Ops/Settlements, loan platform oversight, and oversight of the Fund Administrator. Additionally, this person will be assisting with design & implementation of process improvements and system enhancements for this space.
Responsibilities:
- Liaise between portfolio managers, finance, legal, and service providers for all portfolio-specific activity and issues, ensuring cross-communication of critical information between departments
- Project Management: Working directly with investment management team, maintain deal pipeline and coordinate onboarding of all new credit mandates. Coordinate across internal stakeholders as well as external stakeholders (Finance, Internal and External Legal, Fund Admin, Trust etc.) to ensure a complete onboarding within defined time
- Daily coordination between custodian, loan agent, fund admin
- Identify and resolve cash, trade, and position breaks as well as any other open items between systems and external sources
- Oversee trade process including trade confirmation and trade settlements
- Escalate aged open items (breaks, unsettled trades) to appropriate parties
- Ownership and oversight of portfolio management platform to ensure integrity of data, assist with ad-hoc reporting
- Oversight of Fund Administrator
- Coordinate and assist with overseeing outsource providers and vendors across all relevant functions
- Drive process improvements and system enhancements
- Perform Ad hoc projects as needed
Qualifications:
- 4 years operations experience in fixed income / specialty finance or other private equity strategies within a large fund company or asset management firm.
- Experience working with various credit products and private equity a must
- Knowledge of Wall Street Office and Clearpar, a plus
- Knowledge of Aladdin, Appian and or Hazeltree, a plus
Salary : $125,000 - $150,000
