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