What are the responsibilities and job description for the Vice President, Credit & Loan Operations position at Northbound Executive Search?
Vice President, Credit & Loan Operations
Our client is a reputable financial services firm seeking to hire an VP of Operations to their growing team. This role is 4days onsite an 1day remote. The ideal candidate is comfortable starting on a temporary basis. We are seeking a highly motivated, detail-oriented team player to join our growing Operations group in New York, The Vice President will lead the investment operations at a rapidly growing asset manager. The ideal candidate will have a deep understanding of credit operations and a proven track record of optimizing processes to support the firm’s growth in assets and complexity.
Responsibilities include:
- Serve as the main escalation point and subject matter expert to correct data exceptions
- Liaise with teams across the firm to deliver monthly and quarterly reporting
- Lead weekly calls with service providers to address data discrepancies
- Oversee the setup and creation of new assets in internal systems
- Participate in and lead new initiatives to help drive the growth of the firm
Requirements:
- Bachelor’s degree with an excellent academic record.
- Minimum five (5) years of related work experience in loan operations as part of the middle / back office of an asset manager, bank loan agent, or custodian.
- Experience with middle market direct lending operations or syndicated loan products such as CLOs, Separately Managed Accounts, Credit Funds.
- Knowledge of Credit Agreements and their operational mechanics.
- Strong working knowledge of bank loan software and Microsoft Office suite.
- Familiarity with Treasury, Order Management and Security Master File systems is a plus.
- Excellent written and verbal communication as well as excellent analytical, research and reporting capabilities.
- Organized, detail oriented and extremely thorough with strong problem-solving skills.
- Demonstrated ability to take initiative and work in high pressure situations.
- Self-starter with a strong sense of personal accountability and urgency.
- Ability to "see the whole picture"
- Desire to join a growing asset management platform with the highest ethical and performance standards.
Salary : $150,000 - $200,000