Operations Associate, Vista Credit Partners

Position Summary

Vista is seeking to hire an Operations Associate focused on Vista’s credit platform, Vista Credit Partners (“VCP”).  This role will report into the Director of Credit Operations.  The successful candidate will have the opportunity to join a fast-paced and growing organization, working with multiple constituencies across the firm as VCP continues to scale and increase its presence in the highly attractive enterprise software and technology market. VCP is seeking a candidate that has loan operations experience in private and syndicated credit.

This role will be an integral member of the VCP team and support all of VCP’s strategies including private credit, syndicated loans, agencies/participations, distressed and structured investments across multiple structures including draw down funds and SMAs, BDC and CLOs.  The Operations Associate will manage essential middle office tasks on a day-to-day basis and assist with project management on various technology initiatives.

Ideal candidates are analytical and process-oriented with strong organizational and communication skills and have experience managing multiple workflows.  Additionally, they take initiative, can multi-task with extreme attention to details, and exhibit an ability to think outside the box with a focus on problem solving.  It is critical that this candidate is comfortable owning certain processes and taking on increasing responsibility over time.  The candidate must have a collaborative mindset and bring a positive attitude to the organization.

Responsibilities

• Develop relationships with various internal teams to fully understand the complete lifecycle of an investment
• Review output from outsourced managed services team performing daily position, cash and reference data reconciliations; resolve any exceptions daily with third party service providers
• Book trades, corporate actions and restructurings within firm OMS, Allvue
• Responsible for creation of portfolio, asset and issuer level reference data within SecMaster
• Review and ensure accurate capture of asset level identifiers at initiation of investment (LoanX, CUSIP, ISIN, etc)
• Own internal and external settlement process alongside outsourced settlement provider through coordination with loan and transfer agents, brokers, banks and custodians
• Manage process to deliver and maintain physicals population with third party custodian
• Assist with deal execution process including preparation of internal and/or external funds flow, direction letters, payoff letters and/or any other related documentation
• Collect necessary signature pages required for deal closings in coordination with legal
• Own fund-level KYC process for new investments; coordinate KYC with third parties for investments where VCP is acting as administrative agent
• Manage and respond to corporate action and proxy voting requests
• Manage daily collateral for derivative based transactions including repo and total return swaps
• Maintain administrative details for all investment vehicles and interface with third party agents when notices are not received
• Liaise with technology team to assist with testing for ongoing technology projects
• Continuously review and escalate opportunities to automate existing manual operational processes
• Assist with year-end audit in varying capacities
• Ongoing ownership for maintaining and updating Operations Manual as processes and controls are updated and refined
• Assist with ad-hoc queries from investment team, fund management, finance compliance and investor relations

Qualifications

• Bachelor’s Degree preferred
• Must have loan operations experience
• Preferred exposure to multiple credit instruments, including loans, bonds, TRS, CDS and private placements across both the private and syndicated markets
• Strong proficiency in Microsoft Excel
• Strong oral and written communication and interpersonal skills
• Must thrive in team environments requiring deep collaboration across multiple constituencies
• 3-5 years of relevant work experience

Company Overview

Vista is a leading global investment firm that invests exclusively in enterprise software, data and technology-enabled organizations across private equity, credit, public equity and permanent capital strategies. The firm brings an approach that prioritizes creating enduring market value for the benefit of its global ecosystem of investors, companies, customers and employees. Vista’s investments are anchored by a sizable long-term capital base, experience in structuring technology-oriented transactions and proven, flexible management techniques that drive sustainable growth. With over $100B in AUM and over 20 years of investing exclusively in enterprise software, Vista believes the transformative power of technology is the key to an even better future – a healthier planet, a smarter economy, a diverse and inclusive community and a broader path to prosperity.

Further information is available at vistaequitypartners.com. Follow Vista on LinkedIn @Vista Equity Partners or Twitter @Vista_Equity.

About Vista Credit Partners

Vista Credit Partners is Vista’s credit-investing strategy offering flexible, customized debt and structured equity financing to enterprise software, data and technology-enabled businesses. VCP has broad investing capabilities spanning the private and traded credit markets. As part of our Credit strategy, our FounderDirect offering specializes in direct financings for founder-run enterprise software companies.  VCP has deployed almost $10B since inception in 2013 and currently manages $6.5B of AUM.

Vista Credit Partners’ investment capabilities are a natural extension of Vista’s private equity investment strategy, enabling the firm to offer a broad product suite up and down the capital structure to meet a company’s financing needs.

Further information is available at vistaequitypartners.com/strategies/credit.

Salary : $6 - $100