If you are an internal associate, please login to Workday and apply through Jobs Hub.Job PurposeThe Private Investment Operations Portfolio Analyst role executes various operational activities related to syndicated bank loans, with a high degree of timeliness and accuracy. This role demands critical attention to detail as it is responsible for trade settlement, cash reconciliation, and position maintenance across various client investment portfolios. This role involves regular interaction with internal parties (trading, investment, and operational teams, etc.), as well as external parties (clients, trustees, agent banks, counterparties, custodians, and auditors). The Private Investment Operations Portfolio Analyst is part of a team that handles a range of functions and disciplines and has the opportunity to engage in other operational activities, as the broader Portfolio Services team regularly seeks opportunities to cross-train across various asset types and processes in an effort to develop and deepen the skill set of team members.
Essential Responsibilities- Coordinates trade and settlement activity of syndicated loan trades and investment-grade private securities.
- Monitors and resolves outstanding items.
- Performs daily reconciliations of cash/holdings of assigned portfolios.
- Produces available cash details for Portfolio Managers.
- Provides timely resolution of reconciliation breaks.
- Produces portfolio level reports.
- Processes "life cycle" events, including re-financings, restructurings, and prepayment activities.
- Responds to internal and external inquiries in a timely, complete, and accurate manner.
- Effectively and efficiently coordinates new project/activity related work.
- Promotes continual process improvement.
- Works collaboratively with other Private Investment Operations team members.
- Participates in cross-training activities.
- Provides additional operational support where and when needed.
Other Duties- Performs other duties and/or projects as assigned.
Knowledge, Skills and Abilities- Ability to prioritize and independently manage multiple deadlines and clientele.
- Experience in preparing accurate and timely work.
- Advanced proficiency with the entire Microsoft Office Suite, with an emphasis on Excel (including advanced formulas such as VLOOKUP and pivot tables), Word, and PowerPoint.
- Unquestionable professional integrity.
- High degree of accuracy and attention to detail.
- Strong organizational, problem-solving, and communications skills.
- Strong client and teamwork-based approach to work and collective activities.
- Critical thinking, analysis, and troubleshooting expertise.
- Experience in trade settlement or reconciliation.
- Experience is cash reconciliation.
- Basic knowledge of investment client reporting.
- Experience with any of the following preferred:
- Knowledge of syndicated loan settlement documentation (LSTA Trade Confirms, Assignment Agreement, Funding Memo);
- Basic knowledge of investment-grade private credit instruments and related documentation;
- Working knowledge of S&P Syndicated Loan tools (ClearPar; Wall Street Office (WSO) Administrator and Reporting);
- Understanding/proficiency in navigating Moody's and S&P's loan related ratings;
- Working knowledge of BlackRock's Aladdin tool; and/or
- Proficiency in tools that promote data analysis, task automation, and/or visualization (i.e. Python, Power BI, JIRA, etc.).
Qualifications- Bachelor's Degree , preferably in Accounting, Finance, Economics, Marketing or a related discipline, required.
- 2+ years of relevant experience required.
BenefitsAt PPM, we offer volunteer opportunities to get involved with a diverse network of peers and support the causes that are important to you. Your passion and talents can make a lasting impact on our organization and our community. Additionally, our employees go the extra mile every day and the benefits of working at PPM reflect our commitment to supporting and enhancing their personal and professional lives. The plans and programs listed below are offered in collaboration with our parent company.
- Competitive salary and bonus
- Medical, dental and vision coverage
- For eligible employees, $2 for $1 matching on 401k contributions, up to a max matching contribution of 12% of your eligible compensation.
- Tuition and professional certification reimbursement
- Paid parental leave
- Adoption assistance
- Holidays and paid time off
- Paid time off to volunteer
Base Pay:$75,000.00 - $90,000.00. The base salary for this position may vary depending on experience, job-related knowledge, skills, and abilities. In addition to the base salary, this role will be eligible to participate in our annual bonus program. This role will also be eligible for compensated personal time off and holidays, health benefits, 401(k) plan with generous matching and other benefit programs according to the Company's employment policies and subject to the formal terms of such plans and programs.
