Analyst / Associate — Fund Accounting, Operations & Investor Relations

Company Description Waterfront Capital Partners is a credit-focused investment manager specializing in structured credit and real estate securities, including CMBS, CMBX, SASB, and related structured products. The team runs an active, financing-intensive strategy with significant counterparty and collateral activity. This is a generalist seat with broad exposure across the middle and back office and direct involvement in investor-facing work — ideal for someone early in their career who wants to understand how a credit fund actually runs day to day.

This is a hybrid role spanning fund accounting, trade operations, and investor relations. You will sit at the center of the fund's operating workflow — reconciling positions and cash, managing the month-end NAV and valuation process, supporting financing and collateral operations, and helping produce the reporting that goes to investors and prospects. You will work closely with portfolio management, the administrator, prime brokers, and counterparties.

We are looking for someone organized, detail-obsessed, and comfortable owning recurring processes end to end, with the judgment to escalate the things that matter.

Key Responsibilities

Fund Accounting & Valuation

• Own the month-end close and NAV process in coordination with the fund administrator; review and sign off on NAV packages
• Run the monthly security valuation workflow: collect and challenge counterparty marks across dealers, document pricing sources, and resolve stale or off-market prices
• Investigate and clear accounting breaks (cash, position, and P&L) between internal records and the administrator
• Maintain expense accruals, management/incentive fee calculations, and allocation schedules

Operations

• Process and confirm trades across cash bonds and structured products; manage settlement and resolve fails
• Support repo and financing operations — roll/settlement, margin calls, and collateral movements with prime brokers and counterparties
• Reconcile collateral and counterparty statements; track and resolve margin and valuation disputes
• Maintain counterparty and account documentation and help manage relationships with dealers and service providers

Investor Relations & Reporting

• Prepare monthly investor letters, performance estimates, and tear sheets
• Respond to investor and prospect requests, including DDQs, RFPs, and ad hoc data asks
• Maintain the investor CRM, capital activity records (subscriptions/redemptions), and the data room
• Support fundraising and ongoing investor communications alongside senior team members

Qualifications

• 1–4 years of experience in fund accounting, operations, prime brokerage, audit, or a related middle/back-office role at a hedge fund, administrator, prime broker, or accounting firm
• Bachelor's degree in finance, accounting, economics, or a related field
• Strong Excel skills; comfort working with large data sets and reconciliations
• Exposure to fixed income or structured credit (CMBS, ABS, securitized products, repo) is a strong plus
• Exceptional attention to detail, organization, and follow-through
• Clear written and verbal communication — you'll be drafting investor-facing materials
• High integrity and discretion handling confidential fund and investor information

Nice to Have

• Familiarity with fund administrators, prime broker portals, and OMS/PMS platforms
• Experience with NAV review, fee calculations, or DDQ/RFP processes
• CPA

What We Offer

• Direct, broad exposure to the full operating stack of a credit fund and a clear path to grow into a specialized or senior generalist role
• Small, high-caliber team with significant responsibility from day one