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  • Location: West LA
  • Remote: Remote
  • Type: Direct Hire
  • Job #540

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.

Key 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.
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