The company: Global Hedge Fund that focuses on Credit and Special Situations with over $25B of AUM
Job Title: Operations Manager | Structured Product Specialist | CLO Operations
Responsibilities:
- Daily reporting to portfolio managers and CFO on investment compliance criteria and objectives
- Review of monthly CLO reports as well as quarterly distribution reports to investors
- Resolve differences in a timely manner by working with various internal teams and external service providers
- Review reconciliations comparing key portfolio information and statistics between the manager and the trustee
- Prepare/Calculate responses to requests from portfolio managers
- Liaise and consult with operations, tax, legal and audit advisors
- Review daily cash flows and reconciliations to ensure proper allocation of payments
- Monitor daily cash balances
- Build and use models in Excel to evaluate indicative portfolios, analyze sensitivities and assist with other ad-hoc requests from the CLO team
- Perform periodic equity requirement calculations
- Work with information technology to develop and implement new reporting tools and enhance reporting transparency
Requirements:
- 4-6 + years of relevant experience at a hedge fund, private credit fund, trustee bank or public accounting firm
- CLO knowledge including a thorough understanding of CLO tests, their calculations and Indenture language.
- Direct experience with compliance testing & monitoring for CLOs
- Strong Excel skills with experience operating and building financial models
- Fundamental understanding of credit products and markets, including bank loans and corporate bonds
