What are the responsibilities and job description for the Associate, Asset-Based Finance Portfolio Management position at Brookfield?
Location
Brookfield Place New York - 225 Liberty Street, 8th Floor
Business - Wealth Solutions
Brookfield Wealth Solutions (“BWS”; NYSE/TSX: BNT) is focused on securing the financial futures of individuals and institutions through a range of retirement services, wealth protection products and tailored capital solutions. Through our operating subsidiaries, we offer a broad range of insurance products and services, including annuities, personal and commercial property and casualty insurance and life insurance
Brookfield Culture
Brookfield has a unique and dynamic culture. We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader: Entrepreneurial, Collaborative and Disciplined. Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.
Job Description
Investment Monitoring & Portfolio Oversight
Our compensation structure is comprised of a base salary and a short-term incentive program (cash bonus). Cash compensation tends to vary based on geography to account for local market conditions and is set to be market competitive. Compensation decisions are based on a number of factors including relative experience, overall years of experience, industry experience, education and designations.
Brookfield is committed to maintaining a Positive Work Environment that is safe and respectful; our shared success depends on it. Accordingly, we do not tolerate workplace discrimination, violence or harassment.
We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted.
Brookfield Place New York - 225 Liberty Street, 8th Floor
Business - Wealth Solutions
Brookfield Wealth Solutions (“BWS”; NYSE/TSX: BNT) is focused on securing the financial futures of individuals and institutions through a range of retirement services, wealth protection products and tailored capital solutions. Through our operating subsidiaries, we offer a broad range of insurance products and services, including annuities, personal and commercial property and casualty insurance and life insurance
Brookfield Culture
Brookfield has a unique and dynamic culture. We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader: Entrepreneurial, Collaborative and Disciplined. Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.
Job Description
Investment Monitoring & Portfolio Oversight
- Partner with deal teams to transition investments post-closing and define KPIs
- Track KPIs and monitor performance across the asset-based finance portfolio, assessing returns, risks, and concentrations on an ongoing basis
- Analyze collateral and structural profile as well as market trends to identify emerging risks and escalate potential issues to the deal team and investment leadership
- Maintain investment watchlists and work with Risk team to ensure accurate internal risk designations
- Maintain transaction-level cash flow models upon handoff from deal team, including working with consultants to implement deal models in Intex post-closing
- Roll forward cash flow projections and Intex models
- Validate model outputs against legal documentation and trustee reports
- Ensure model outputs are accurately reflected in Brookfield’s internal analytics systems
- Ensure timely receipt and completeness of various reporting requirements from borrowers and originators
- Maintain ongoing engagement with trustees, servicers, and third parties to ensure data accuracy and transparency
- Coordinate with Trustee and Operations team to ensure timely production of monthly and waterfall reports. Validate waterfall reports and ensure alignment with deal documents
- Coordinate quarterly valuation processes with third-party providers
- Support internal and external audits and respond to valuation-related inquiries
- Ensure consistency across investment, accounting, and reporting systems
- Bachelor’s degree with an excellent academic record
- 2-4 years of experience in reading/analyzing documentation of CLO or ABS securitizations, warehouse, and asset-backed financing; experience in multiple asset classes a plus
- Ability to review and analyze monthly servicing reports/ performance reports
- Knowledge or familiarity with insurance investment management a plus
- Strong capabilities in MS Excel and PowerPoint and Intex; Bloomberg experience a plus
- Proactive self-starter with high attention to detail, intellectual curiosity, and motivation
- Excellent organizational and communication (verbal and written) skills
Our compensation structure is comprised of a base salary and a short-term incentive program (cash bonus). Cash compensation tends to vary based on geography to account for local market conditions and is set to be market competitive. Compensation decisions are based on a number of factors including relative experience, overall years of experience, industry experience, education and designations.
Brookfield is committed to maintaining a Positive Work Environment that is safe and respectful; our shared success depends on it. Accordingly, we do not tolerate workplace discrimination, violence or harassment.
We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted.
Salary : $150,000 - $180,000