We are currently working with a well-established private equity fund seeking a middle office associate to join their growing team. This position is temp-to-perm and sits in Manhattan 5days per week.
Responsibilities:
- Prior experience in coordinating the settlement of loan products and securities in private markets/financial services industry.
- Experience with fund structures, SPVs, a tax blockers
- Experience with specialized credit and lending products (Collateralized Loan Obligations, Project Finance, Loan Trading, and Derivatives)
- In depth knowledge of ClearPar and LSTA settlement guidelines
- Experience with distressed trading and settlements, bankruptcy reorganizations, and common debt amendments.
- Experience interacting with brokers and securities counterparts
- KYC and Tax experience is a plus
- Accounting and General Ledger knowledge is a plus
- Excellent at communication and required escalation
- Strong quantitative and qualitative skills
- Entrepreneurial, driven and proactive
- Must be comfortable as the primary liaise between the front office and back office
Qualifications:
- Knowledge of syndicated loans market
- Understanding of Loan Facility Agreements and supporting documentation
- Experience with system processing of credit events
- Understanding of general ledgers
- Degree in Finance, Accounting or Economics
- Knowledge of loan, TRS, and fixed income settlements