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Operations Analyst

New York

Credit Funds

Ref#: 2798

Date published: 25-Oct-2021

Operations Analyst
New York, NY

About Fortress:
Fortress Investment Group LLC is a leading, highly diversified global investment manager with
approximately $53.9 billion of assets under management as of June 30, 2021. Founded in 1998, Fortress
manages assets on behalf of approximately 1,800 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 the Position:
Operations Analyst with public securities product knowledge. The candidate will be responsible for a wide variety of operational tasks including but not limited to:
• Support all operational aspects of the trade lifecycle post execution: trade capture, confirmation, clearing, settlement, reconciliations, corporate actions, proxy voting, etc
• Book daily trading activity, and setup and maintain security masters in Wall Street Office
• Coordinating with fund administrators and outside service providers to ensure proper trade instruction has been transmitted to the fund’s prime brokers and custodians
• Ensure timely settlements, with a proactive approach to identification of settlement breaks, escalation and remediation of issues
• Researching daily trade related cash and position reconciliation exceptions in fund level and SPV bank accounts
• Resolving daily cash and position exceptions between fund administrator, counterparty and our internal books and records
• Ensure corporate actions and proxy votes are submitted prior to deadlines, book related restructuring activity in Wall Street Office, maintain proxy calendar, coordinate with asset management on voting options, etc
• Daily interaction with various internal departments such as Accounting, Treasury, Valuations, and IT
• Daily interaction with trading desk and asset managers to ensure accurate positions are reflected on our books and records, identify and resolve any issues, etc
• Participate in a broad range of operational projects, and assist with ad hoc reporting and other requests for management / front office personnel

Covering these products:
• Listed Equities (domestic and international)
• Asset Backed Securities
• Corporate Bonds
• Convertible Bonds
• Listed Options and Warrants

Qualifications:
• Strong Excel and Bloomberg skills
• Outstanding attention to detail with the ability to identify errors and recommend process enhancements
• A willingness to learn and work independently as well as within a group
• Thrives in a fast paced dynamic environment with the ability to manage time effectively while still 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, and presentation
• Problem solving and analytical skills
• Proactive and highly motivated
• Assertive personality that is able to grasp detailed concepts quickly and operate within a collaborative and time sensitive environment
• 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.