What are the responsibilities and job description for the Senior Operations Associate position at Abacus Group, LLC?
Our client is a global investment firm. They seek a Senior Operations Associate to join their Manhattan, NY office.
Responsibilities
- Work with our Administrators and Prime Brokers to help reconcile cash, positions, and P&L
- Help develop best-in-class processes, including increasing efficiencies and automating where possible
- Assist with daily trade management workflow, including trade entry, portfolio pricing, and entity allocations
- Interact frequently with various internal teams, third-party service providers, third-party overseas operations team, various banks, and counterparties
- Lead operational support for new products, structures, and counterparties, including onboarding, testing, and documentation review
- Drive automation initiatives in partnership with technology and data teams to reduce manual processes and improve scalability
Requirements
- Bachelor's degree in Finance or related field
- 5-7 years of experience in the financial services industry
- Relevant fund experience preferred
- Working knowledge of credit facilities, structured credit, syndicated private loans, and repos
- Excellent communication skills
- Detail-oriented and highly organized
- Ability to adapt and work well independently
- Technical comfort level with systems and technology such as FIS VPM, IVP products, PortfolioBI's OMS, reconciliation systems, and various Citco systems
- Advanced Excel skills required
JobID: 47890
Salary : $130,000 - $150,000