What are the responsibilities and job description for the Asset Backed Finance - Associate position at Brookfield Asset Management, Inc.?
Location
Brookfield Place New York - 250 Vesey Street, 15th Floor
Business - Wealth Solutions
Brookfield Wealth Solutions ("BWS"; NYSE / TSX : BNT) is focused on securing the financial futures of individuals and institutions through a range of retirement services, wealth protection products and tailored capital solutions. Through our operating subsidiaries, we offer a broad range of insurance products and services, including annuities, personal and commercial property and casualty insurance and life insurance
Brookfield Culture
Brookfield has a unique and dynamic culture. We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader : Entrepreneurial, Collaborative and Disciplined. Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.
Job Description
- Analyze and synthesize private investment / portfolio performance trends and related market research (collateral / operational / industry / regulatory). Appropriately escalate any performance deterioration
- Onboard new private investments for monitoring by reviewing deal documentation and collaborating with originations team to develop / implement appropriate risk monitoring and reporting metrics
- Coordinate with risk team in maintaining accurate watch rating for each investment at all times
- Ensure timely receipt and completeness of various reporting requirements from the borrowers
- Maintain continuous dialogue with third parties trustees to ensure accuracy of deal reporting and run payment waterfalls
- Collaborate with internal constituents including operations, accounting, risk, and analytics on deal specific inquiries and to ensure internal systems accurately reflect the key attributes of each investment
- Coordinate with origination platform partners and third-party valuation providers in running the valuation process across the entire asset-based finance portfolio
- Work with operations and treasury teams to ensure timely execution of ongoing funding requests
Candidate Profile / Qualifications :
Brookfield is committed to maintaining a Positive Work Environment that is safe and respectful; our shared success depends on it. Accordingly, we do not tolerate workplace discrimination, violence or harassment.
We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted.
