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Credit Operations Analyst

New York

Credit Funds

Ref#: 2201

Date published: 8-Jun-2018

Operations Analyst with Private Loan Servicing and FX/OTC Derivative Product Knowledge:

The candidate will be responsible for a wide variety of operational tasks including but not limited to:

Loan Servicing:

Be responsible for maintaining and servicing a portfolio of privately originated bank loans

Calculating and preparing monthly waterfall schedules, and preparing related wires to distribute cash as necessary

Coordinating with outside service providers and fund administrators to ensure loans are properly set up in Wall Street Office, administrative agent duties are being performed correctly, cash breaks are being cleared in a timely manner, etc.

Daily interaction with asset managers and deal teams as necessary to ensure accurate loan positions are reflected on our books and records, identify and resolve any issues , enter amendments, maintain security masters, etc.

 

FX/OTC:

Handling daily settlements of FX, OTC, and listed transactions, and booking related transactions in Wall Street Office

Ensure timely settlements, with a proactive approach to identification of settlement breaks, escalation and remediation of issues

·         Researching daily FX/OTC and collateral related cash and position reconciliation exceptions 

·         Resolving daily cash and position exceptions between fund administrator, counterparty and internal books and records


Wire processing related to daily FX and OTC settlements and collateral movements

Daily interaction with trading desk and fund administrator

Interacting with various internal departments such as Fund Accounting, Treasury and IT 

Participate in a broad range of operational projects, and assist with ad hoc requests for management and front office personnel

Covering these products:


FX Cash including Spot, Forwards, Non-Deliverable Forwards (NDF)

FX Derivatives including Options, Non-Deliverable Forwards (NDF), Non-Deliverable Options (NDO)

Credit Default Swaps – both listed and OTC

Interest Rate Swaps, Rate Caps and Floors

·         Private Loan Originations – Term Loans, Delayed Draw Term loans, and Revolvers


Qualifications:

·         Outstanding attention to detail with the ability to identify errors and recommend process enhancements

·         Strong Excel skills

·         A willingness to learn and work independently as well as within a group

·         Thrives in a fast paced dynamic environment with the ability to multi-task and manage time effectively while meeting deadlines

·        Proven at managing processes with various levels of automation, and ability to re-engineer manual processes with a focus on automation

·         Proven communicator – written, verbal, presentation

·         Assertive personality that is able to grasp detailed concepts quickly and operate consensually / within a collaborative and time sensitive environment

·         Problem solving and analytical skills

·         Proactive and highly motivated

·         High level of accuracy and attention to detail

·         Work efficiently and effectively in a team setting

·         Possess organizational skills with the ability to prioritize while working under pressure

·         Ability to multi-task, accommodating varying levels of volume without deterioration in quality

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Fortress Investment Group LLC collectively with its subsidiaries and operating affiliates is an equal opportunity employer and considers all applicants for employment without regard to race, religion, creed, color, sex, age, national origin, citizenship status, disability, genetic information, protected veteran status, marital status, sexual orientation, gender identity, or any other status protected by federal, state or local law.