What are the responsibilities and job description for the Middle Office Operations Analyst position at Northbound Executive Search?
Middle Office Associate – Loan Operations (Private Equity NYC)
Location: New York City, NY
Company: Well-Established Private Equity Fund
Start: ASAP
Responsibilities
- Daily processing of portfolio activity including interest rate rollovers, principal, interest
- Daily oversight of our offshore reconciliation support team, including responsibility of cash and position reconciliations across multiple funds
- Reconciliation of all positions and cash to custodians, fund admins, and counterparties
- Monitoring and processing of amendments and reorganizations, including coordination with the Finance and Accounting, Valuations, and Front office teams as necessary
- Monthly and quarterly responsibility to provide close packets to the Finance and Accounting team including all outstanding reconciliation items, trade activity, accrual information, and potential control issues
- Overall maintenance of a specific portfolio including ongoing support for the front office and controllers including reporting, providing support, and responding to ad-hoc requests
Preferred Experience
- Knowledges of syndicated loans market
- Understanding of Loan Facility Agreements and supporting documentation
- Experience with system processing of credit events
- Understanding of general ledgers
- Degree in Finance, Accounting or Economics
- Knowledge of loan, TRS, and fixed income settlements is a plus
- Knowledge of LoanIQ and ClearPar software strongly preferred
Salary : $80,000 - $100,000
