Fortress

Credit Fund- KYC Analyst

About Fortress

Fortress Investment Group LLC is a leading, highly diversified global investment manager with approximately $48 billion of assets under management as of June 30, 2024. Founded in 1998, Fortress manages assets on behalf of over 2,000 institutional clients and private investors worldwide across a range of credit and real estate, private equity and permanent capital investment strategies. Investment performance is our cornerstone - we strive to generate strong risk adjusted returns for our investors over the long term. For additional information on Fortress, please visit www.fortress.com.

About Credit

Fortress’s Credit business was launched in 2002 by Pete Briger. Today, the Fortress Credit team consists of over 500 professionals and is focused on investing globally, primarily in undervalued assets and distressed and illiquid credit investments. The investment team, led by Co-CIOs Pete Briger and Dean Dakolias, has a long and established track record investing throughout a number of credit and distressed cycles around the world, including the RTC Workout and the Asian Financial Crisis. With over 100 professionals dedicated to asset management in 14 geographic locations, the Fortress Credit team also has the experience and expertise to manage and service assets with operational complexity.

About The Position

Responsibilities

• Work with counterparties on AML/KYC requirements to ensure all records are in compliance with regulatory standards
• Assist in KYC related projects and requests.
• Assist in bank account opening process.
• Escalate appropriate risk items and drive issues to completion.
• Participate in various projects across the Credit Business, in particular supporting Operations, Treasury and Accounting teams.
• Maintain our databases and review data for inconsistencies to unsure data integrity
• Daily interaction with authorized signers, accounting, operations, treasury and other areas supporting the Credit Funds business.

Requirements

• 1-3 years’ experience at a Financial Services firm (commercial or investment bank, asset manager etc.)
• Bachelor’s degree from accredited university/college.
• Strong sense urgency and the ability to meet tight deadlines.
• Ability to work in a fast-paced environment.
• Familiarity with complex entity structures a plus.
• Documentation / KYC experience.
• Bank account opening / closing experience.
• Strong attention-to-detail, organizational skills and time management.