What are the responsibilities and job description for the Trading Assistant position at JSB Partners?
We are seeking an Assistant Trader & Credit Operations [Associate] to support all facets of a growing opportunistic credit investment platform. The role offers direct exposure to senior investment professionals and will span trading, portfolio / fund operations, fund financings, and investment team support.
The ideal candidate is highly organized, intellectually curious, and interested in developing a long-term career in corporate credit investing, trading, and portfolio operations and management. This position provides a unique opportunity to gain hands-on experience across the full lifecycle of investments, including performing, stressed, distressed, and special situations credit.
Primary Responsibilities
Trading & Settlement
- Assistant trader supporting all aspects of our opportunistic credit platform
- Manage the execution and settlement process of primary and secondary market leveraged loan, high yield bond, and other credit transactions including allocations to funds
- Book and administer loan, bond, and other credit trades in ClearPar, BloombergAIM, or other order, executions, and portfolio management systems (OMS/EMS/PMS)
- Track trade status by maintaining trade blotters, position records, and portfolio reporting
- Coordinate with brokers, counterparties, loan agents, custodians, legal teams, and administrators regarding trade activity to resolve settlement issues and ensure timely execution
Portfolio / Fund Operations
- Reconcile positions, cash balances, and investment activity
- Process interest payments, principal repayments, fees, and other portfolio cash flows
- Coordinate liquidity and cash forecasting to fund purchases, manage settlement needs, minimize cash drag, and evaluate permitted alternatives for cash
- Monitor market activity, pricing, corporate actions, restructurings, amendments, other credit events, and other portfolio exposures and support portfolio analytics
- Support valuation, performance reporting, and month-end processes
- Assist with fund administrator, auditor, and service provider requests
- Help establish and maintain broker, custodian, and financing-provider relationships including opening trading lines and supporting diligence for subscription lines, TRS facilities, and other debt facilities
- Assist with onboarding and ongoing administration of fund financing facilities
Research & Underwriting Support
- Assist with investment pipeline management and portfolio reporting including adding new opportunities to and maintaining them in our internal Global Pipeline Portal (GPP)
- Process NDAs to establish VDR access for syndicated loan and bond sites and private opportunities with the assistance of legal counsel and investment team; maintain ongoing VDR access for each credit with brokers
- Prepare analyses and presentations for internal investment discussions
- Support investment research, underwriting, and due diligence efforts as needed
- Contribute to process improvement and operational scalability initiatives