Senior Operations Associate

An Investment Management Firm based in New York City is seeking an experienced professional to join their team as a Senior Operations Associate.

Responsibilities:

• Actively support a portfolio of asset-backed securities, including (but not limited to): Reperforming Loans, CMBS, Direct Real Estate, Marketplace Loans, CLOs, Non-US ABS, and CMBX/ABX.
• Perform daily and monthly position and P&L reconciliation; sign off on administrator agreement and resolve discrepancies.
• Handle month-end reconciliation: process factor updates, principal and interest distributions, interest shortfalls, and related items in the firm’s proprietary system; utilize Intex for remittance reports, offering documents, and investor reports.
• Assist the PM with month-end ABS portfolio valuation; coordinate pricing requests with counterparties and vendors; support the challenge process; prepare and submit the Portfolio Summary to the Valuation Committee.
• Support Marketplace and Reperforming Loan securitizations: partner with legal and investment teams on deal collapses, reporting, and follow-on security purchases.
• Manage full trade life cycle: instrument setup, trade booking, affirmation/confirmation, and coordination with prime broker settlements teams to resolve settlement issues.
• Maintain strong communication and relationships with internal teams, external administrators, counterparties, trustees, paying agents, and prime brokers.
• Perform other duties, as needed.

Qualifications:

• General understanding of structured credit asset classes, including ABS, RMBS, CMBS, and CLOs.
• Bachelors degree in finance or related field.
• 3 to 8 years of middle or back-office experience, preferably within a buy-side fund.
• Proven ability to operate efficiently in a fast-paced environment, manage multiple priorities, and perform under pressure.
• Experience with portfolio management systems (e.g., Geneva, VPM, etc.).
• Strong ability to multitask and prioritize effectively.
• Collaborative team player with the ability to take direction.
• Proficient in Microsoft Excel.
• Familiarity with or exposure to Intex, Bloomberg, and trustee websites.