Job Description
THIS FIRM’S CREDIT DEPARTMENT OVERVIEW
This firm’s Credit department is a leading global credit specialist with an impressive number of assets under management. It invests up and down the capital structure and across the spectrum of credit strategies, including leveraged loans, high-yield bonds, distressed debt, private lending, structured products, non-performing loans and equities. Their diverse team creates value through rigorous, independent analysis of thousands of corporate issuers around the world. In addition to credit, the firm invests across asset classes including private equity, public equity and venture capital, and leverages the firm’s shared platform to capture opportunities in strategic areas of focus.
FIRM OVERVIEW
This firm is one of the world’s leading private multi-asset alternative investment firms with an impressive number of assets under management that creates lasting impact for their investors, teams, businesses, and the communities in which we live. Since founding, they’ve applied their insight and experience to organically expand into several asset classes including private equity, credit, public equity, real estate and venture capital. They leverage their shared platform to capture cross-asset class opportunities in strategic areas of focus. With offices on four continents, their global team aligns their interests with those of their investors for lasting impact.
KEY RESPONSIBILITIES
Will include some or all of the following:
Assist in the development and implementation of processes to improve day to day functionality of the treasury team
Interact with the funds’ trustees, custodians, and prime brokers regarding cash availability and funding requirements across numerous currencies.
Review daily and weekly reporting on cash balances, collateral posted, and prime brokerage requirements to senior management.
Provide oversight with ongoing bank and counterparty administration including opening and closing of accounts and credit lines.
Manage relationships with current banking partners to ensure best practices, exceptional support, and pricing across various products.
Guides team members and provides oversight in daily tracking of cash activity and calculation of daily cash projections incorporating trades and other cash impacts such as upcoming interest and funding needs.
Coordinate with internal settlements and operations teams on settlement timing and cash breaks across the fund complex.
Manage the daily processing of high priority wire activity across multiple business units.
Complete time sensitive ad hoc responsibilities as various requests arise, usually cash and management reporting oriented
Assist in the management and oversight of the collateral management process.
Coordinate with internal and external technology stakeholders on existing technology applications and for the development of new applications to support the business.
GENERAL QUALIFICATIONS
Detail-oriented, conscientious and energetic professional with ability to think creatively
Ability to prioritize responsibilities and work under deadlines
Strong leadership skills and ability to energize a group to meet the teams objectives
Ability to read and decipher complex legal documents
Strong problem-solving skills
Strong interpersonal skills with capacity to interact with outside parties and personnel across all levels of the firm
Dedicated team player with a strong sense of ownership and follow-through skills
Strong Excel skills
DESIRED BACKGROUND/EDUCATION
Four-year college degree with a strong academic background.
Progress towards MBA or CFA preferred.
4+ years of relevant work experience