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Octagon - Accounting Intern (2024), application via RippleMatch
$66k-80k (estimate)
Intern 1 Month Ago
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RippleMatch Opportunities is Hiring an Octagon - Accounting Intern (2024), application via RippleMatch Near New York, NY

This role is with Octagon. Octagon uses RippleMatch to find top talent.

Employer Summary:

Octagon Credit Investors, LLC is a 25 year old, $32B investment adviser focused on leveraged loan,

high yield bond, and structured credit (CLO debt and equity) investments. Through fundamental credit

analysis and active portfolio management, Octagon's investment team identifies attractive relative value

opportunities across below-investment grade asset classes, sectors, and issuers. Octagon’s investment

philosophy and methodology encourage and rely upon dynamic internal communication to manage

portfolio risk. Over its history, the firm has applied a disciplined, repeatable, and scalable approach in its

effort to generate attractive risk-adjusted returns for its investors.

The firm was founded in 1994 as a separate business unit of Chemical Bank and in 1999, Octagon spun

out from Chase Manhattan Bank. Octagon honors its heritage through its company name and logo, both

of which are derived from Chase Manhattan's emblem. Located in New York, the firm currently

comprises approximately 80 employees, many of whom have spent their entire professional careers at

Octagon.

Octagon believes that providing a challenging and rewarding career, combined with a supportive work environment, incents employees to remain at the firm. Significant employee ownership and low employee turnover also underscore our culture of partnership, teamwork, and dedication to preserving investor capital across all our funds/accounts under management. We also embrace the principles of diversity, equity, and inclusion; our employees can bring the best version of themselves to work every day. We thrive in an environment where everyone’s voice is heard, every idea counts, and the differences of our employees are valued.

Position Summary:

The Accounting Intern is responsible for supporting the Accounting team and assisting with research and

various aspects of reconciliations and maintenance of accounting systems. We are looking for an

individual who is curious, eager to learn, exited to contribute and take initiative, and help add value to

the team. Throughout their internship, the Accounting Intern will have an opportunity to shadow

internal and external meetings to gain an awareness of investment and internal decision protocols

related to reporting and investing for our various funds.

Essential Duties and Responsibilities:

  • Assist in reconciling cash, investment holdings, and par amounts between Octagon and administrator records
  • Shadow internal and external meetings and presentations to gain an awareness of investment and decision protocols related to reporting and investing for our various funds
  • Partner closely with internal stakeholders to provide data for pitch books, investor requests, and due diligence questionnaires
  • Maintain current accounting system with various data points such as Moody’s, S&P, Fitch ratings, spreads, etc.
  • Help support the preparation and updating of investment projection tracking models
  • Help maintain internal databases of investments
  • Support the development of technology-based solutions designed to improve internal record keeping, monitoring, and reporting capabilities
  • Proactively take on ad hoc projects and provide support for new business initiatives, as needed

Areas of Knowledge, Skills, and Abilities/Qualifications:

  • In the process of completing a Bachelor’s degree with relevant coursework in Accounting and Finance preferred
  • Highly motivated, proactive team player with a positive attitude
  • Strong proficiency in Microsoft Excel and Word
  • Excellent written and oral communication skills, strong analytical skills, and exemplary attention to detail
  • Ability to multi-task, be proactive, work independently, and work effectively under pressure (often under deadlines and changing priorities)
  • Outstanding reputation of professional integrity and maturity

Potential Compensation and Benefits Offerings Post Internship:

  • Competitive salary and eligibility for year-end performance-based bonus
  • Medical, dental, vision, life, and disability insurance
  • Commuter benefits
  • 401(k) matching program
  • Employee Assistance Program (“EAP”)
  • Professional designation and licensure assistance
  • Family support and leaves of absence

Please note that Octagon does not sponsor work visas or immigration-related employment benefits.

Job Summary

JOB TYPE

Intern

SALARY

$66k-80k (estimate)

POST DATE

03/14/2024

EXPIRATION DATE

04/13/2024

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