Balyasny Asset Management L.P.

Manager - Credit Operations

Balyasny Asset Management L.P.$90K — $130K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Technical, business, or relevant finance degree required
  • 5-7 years of experience in investment banking, fund administration, asset management, or hedge funds
  • Strong communication and organizational skills
  • Proficiency in multitasking and project management
  • Experience with structured credit products preferred
  • Practical knowledge of global financial markets

Responsibilities

  • Manage the full lifecycle of credit trades including affirmation and settlement
  • Build and maintain relationships with brokers and counterparties
  • Oversee the settlements of Bonds, Repo, and structured credit
  • Collaborate with PnL Control to investigate outages and breaks
  • Ensure models and securities are properly set up and verified
  • Work with technology and external vendors to enhance operational processes

Benefits

  • Opportunities for professional development
  • Dynamic work environment
  • Engagement with high-caliber finance professionals
  • Exposure to a wide range of credit products and trading activities
  • Collaboration with frontline teams and technology experts
Full Job Description
ROLE OVERVIEW

In the role of Manager, Credit Operations, the employee will be responsible for supporting Credit portfolio managers and traders across a wide range of products / processes.
Trade Lifecycle Management: Our team manages the full lifecycle of credit trades including affirmation, matching, settlement, exercise / expiry. Products include but are not limited to structured credit, CDX/CDS, CLO, CMBS, CMBS, MBS, TBA cash bonds.
Maintain Relationships: Middle Office interacts with Executing Brokers, Prime Brokers, Fund Admins, and other counterparties daily. It is important to build and maintain relationships with these parties.
Settlements / Fails: Responsible for the firm's Bonds, Repo and structured credit settlements. Partner with our Prime Brokers to escalate to Executing Brokers for timely settlement.
PnL Investigation : Work alongside PnL Control to investigate PnL outages and breaks. Verify models and securities are setup properly and matching Clearing Houses such as ICE and counterparties for bilateral products.
Technology Enhancements: Proactively work with, technology, front office, and external vendors to improve operational processes and automate where possible to minimize manual efforts and ensure scalability / stability.

QUALIFICATIONS & REQUIREMENTS
• Technical, business, or relevant finance degree
• Minimum of 5-7 years of relevant work experience in an investment bank, Fund Admin, Asset Manager, or Hedge fund
• Strong communication, organization, multitasking, and project management skills
• Experience with structured credit products is strongly preferred
• Practical knowledge of global financial markets

About Balyasny Asset Management L.P.

Balyasny Asset Management L.P. is a global investment firm that manages hedge funds and private investment funds. The company was founded in 2001 by Dmitry Balyasny and is headquartered in Chicago, Illinois, with additional offices in New York, London, Hong Kong, and Singapore. Balyasny Asset Management L.P. employs a multi-strategy approach to investing and focuses on generating alpha through a combination of fundamental analysis and quantitative research. The company has a strong track record of performance and has received numerous awards for its investment strategies.
Learn more about Balyasny Asset Management L.P.
Size
1,000 employees
Industry
Net Income
$200 million
Founded
2001
5 Year Trend
+20%
Revenue
$1 billion

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