AVP Operations

• Location: West LA, California
• $140000 - $150000 base salary
• Remote: Remote
• Type: Direct Hire
• Job #938
• Salary: $140,000.00

Investment manager specializing in credit-related investments looking to hire a Senior Operations Associate. The firm employs a flexible, value-oriented, and risk-controlled approach, focusing on complex and less followed opportunities. The SOA will work as a senior member of the Operations team on all aspects of monitoring the investment portfolios managed.

Responsibilities

• Manage the trade settlement process for equity, fixed-income, and derivative trades
• Monitor the daily life of a trade of all traded securities with an emphasis on derivatives, fixed income, and structured credit assets
• Liaise between trading desk, prime brokers, and custodians, and executing brokers to fix any trade-related issues
• Respond to any trade-related questions from service providers and trade desk
• Assist in trade life cycle events related to private and structured asset investments, including complex SPV structures, restructurings, reorganizations, securitizations, and other transactions related to asset servicing
• Review daily cash and position reconciliations
• Monitor daily cash reconciliations for any cash reconciling items to ensure up-to-date cash balances for funds managed
• Monitor daily position reconciliations for any position-related differences to ensure accuracy of internal reporting and Order Management System
• Respond to any cash and position-related inquiries from investment team and service providers
• Review and manage the corporate actions process
• Develop a deep understanding of the corporate action process
• Prepare daily reports and communicate with investment team on upcoming corporate actions (voluntary, mandatory, and proxy-related events)
• Manage and communicate with third-party accounting and fund administration teams to ensure proper booking and processing of all corporate action-related activities
• Maintain detailed procedures and process controls for corporate actions
• Prepare other ad hoc corporate actions reports as necessary

Qualifications

• Undergraduate degree with a track record of strong academic performance
• 5-7 years of experience in accounting, hedge fund administration, valuation, or finance
• High Yield/Credit hedge fund background preferred with solid product knowledge including Credit Derivatives, Corporate Bonds, and Bank Loans
• Detailed and strong data analysis and Excel skills.
• Excellent interpersonal skills in both the written and verbal form
• Demonstrated ability to resolve complicated issues and to advance multifaceted projects.
• Personal Attributes
  • Highly organized and detail-oriented
  • Persistent and self-motivated with the ability to work
  • Interest in hedge fund operations as a career