Alternative Investment Management

Our elite global Alternative Investment Management client is seeking to recruit a Loan Servicing Specialist to service and process full loan lifecycle events for agented and non-agented middle market loans including but not limited to interest rollovers, rate sets, paydowns, revolver borrowings and PIK loans.

Responsibilities:

• Service and process full loan lifecycle events for agented and non-agented middle market loans including but not limited to interest rollovers, rate sets, paydowns, revolver borrowings and PIK loans
• Manage full lifecycle processing of loans and securities
• Book new transactions, interest rollovers, principle payments, etc.
• Interact frequently and effectively with borrowers, deal teams and lenders
• Analyze and interpret credit agreements and legal documentation effectively
• Collaborate with multiple fund administrators to analyze profit and loss statements (P&L), cash breaks and to reconcile positions
• Assist deal teams and borrowers with daily revolver activity
• Perform daily book vs. broker cash reconciliations
• Enter wires for loan settlements in a timely manner
• Perform IRR calculations
• Work closely with internal and external stakeholders

Requirements:

• Bachelor’s Degree
• 3+ years of loan servicing, loan accounting or loan operations experience in a middle market lending environment
• Wall Street Office (WSO) systems experience preferred
• Advanced Excel skills
• Fundamental knowledge of broadly syndicated loans, PIK loans, Par vs. Distressed Loans, Delayed Comp Fees, etc.
• Fundamental understanding of P&L analysis and loan accounting standards
• Excellent communication skills with the proven ability to interact effectively with internal and external stakeholders

Our elite global Alternative Investment Management client is seeking to recruit a Senior Investment Quant with advanced technical and quantitative modeling skills to collaborate with key investment and technology stakeholders to develop and implement investment strategies, financial data analytics and proprietary financial models to forecast ABS and RMBS loan performance.

Responsibilities:

• Collaborate with key investment and technology stakeholders to develop and implement investment strategies, financial data analytics and proprietary financial models to forecast ABS and RMBS loan performance
• Work closely with traders and investment professionals to maximize absolute return across a variety of consumer ABS, mortgage and real asset investments
• Perform quantitative analysis and develop financial models across residential mortgage (RMBS), real asset and consumer ABS asset classes (auto loans, personal loans, student loans, etc.)
• Analyze prepayment and default behavior for residential mortgage and consumer ABS assets
• Develop statistical models for various structured product asset classes
• Work closely with traders, product controllers, risk management and IT/programmers
• Oversee and manage mortgage model performance and related research
• Manage the testing and implementation of internal and vendor pricing models
• Assist with risk model and new product development

Requirements:

• Bachelor’s Degree
• Master’s or PhD in Statistics, Physics, Quantitative Finance, Mathematics, Financial Engineering or related field of study preferred
• 5+ years of residential mortgage/consumer ABS deal structuring, default modeling and prepayment modeling experience
• Demonstrated experience in the alternative investment management or investment banking industry directly supporting portfolio management, deal structuring and capital markets businesses
• Advanced knowledge of structured/securitized product asset classes, particularly ABS and RMBS securities and collateral
• Advanced experience analyzing, synthesizing, manipulating and managing large complex datasets and data pools
• Advanced experience validating models and deploying models in a production environment
• Technical programming proficiency with VBA/Excel, SQL and/or Python
• Advanced business acumen and deep knowledge of the financial markets

Our elite global Alternative Investment Fund client is seeking to recruit an Assistant General Counsel to provide legal support to the investment team in structuring, implementing and managing a various complex asset-backed securitizations. Additionally, you will provide legal support for the entire investment portfolio and advise various service providers and portfolio companies that support these initiatives.

Responsibilities:

• Provide legal support to the investment team in structuring, implementing and managing a various complex asset-backed securitizations
• Provide legal support for the entire investment portfolio and advise various service providers and portfolio companies that support these initiatives
• Provide legal, reputational risk and legal advice
• Negotiate, review and draft transaction documentation
• Assist capital markets and securities teams with various legal matters
• Collaborate with internal teams and external stakeholders when structuring new transactions

Requirements:

• JD with NY Bar Admission
• 2+ years of legal experience specializing in complex asset-backed securitizations
• Experience at an elite law firm, investment bank or investment fund required
• Demonstrated knowledge of structured product asset classes: ABS, RMBS, CMBS, CLOs, etc.
• Ability to effectively manage complex and bespoke deals and transactions
• Ability to thrive in a fast-paced, lean and entrepreneurial environment
• Creative and flexible personality with the ability to solve problems in a challenging environment

Our global Alternative Investment Management client is seeking to recruit a VP Trading Operations to provide hands-on operations and full life cycle trading support across multiple MBS trading desks.

Responsibilities:

• Provide hands-on operations and full life cycle trading support across multiple MBS trading desks
• Provide full life cycle support for all products traded daily across the MBS desks
• Book, reconcile and enter trading positions and ensure accurate settlement for all trading activity
• Work closely with counterparties, prime brokers, internal legal and tax teams and other key stakeholders to ensure proper legal structures, financing and settlements are met for new deals
• Work closely with trading desks on PnL analysis, liquidity analysis and ad hoc requests
• Maintain accounting records for SVPs
• Work closely with internal stakeholders and fund administrators on month end and PnL reconciliations and daily trade reconciliations
• Monitor operational risk
• Maintain data in the data warehouse system
• Develop and document standard fund allocations
• Work with internal stakeholders on process improvement and automation projects

Requirements:

• Bachelor’s Degree
• 7+ years of MBS back/middle office operations experience
• Demonstrated knowledge of traded products: mortgage whole loans, non-agency RMBS, CMBS, derivatives, repo and bespoke financing facilities, US treasuries, etc.
• Prior experience in the investment management industry strongly preferred
• Ability to consumer, analyze and synthesize large and complex data sets
• Advanced Excel skills
• Fundamental knowledge of general accounting concepts

Our elite Alternative Investment Management client is seeking to recruit an Investment Operations Associate to reconcile cash transactions, monitor cash balances for liquidity, and promptly resolve cash balance discrepancies across the investment operations framework.

Responsibilities:

• Reconcile cash transactions, monitor cash balances for liquidity, and promptly resolve cash balance discrepancies across the investment operations framework
• Reconcile book-side and bank-side cash transactions on a daily basis
• Proactively resolve all cash discrepancies and operational issues in a timely manner
• Assist with cash clearing and develop procedures to automatically clear cash breaks
• Identify and remedy differences between booked and actual cash balances
• Ensure accuracy of cash feeds and resolve discrepancies with counterparties as required
• Work closely with offshore team in India and oversee cash reconciliations, team training, team onboarding and fostering consistent collaboration with NY office
• Work closely with external fund administrators on cash and position reconciliations
• Assist with process improvement, cash reconciliation automation, operational risk and special projects

Requirements:

• Bachelor’s Degree
• 2+ years of sell-side or buy-side middle office or back office operations
• Proficiency with MS Office applications, particularly Excel
• Highly motivated with the ability to learn quickly
• Outgoing and personable with the demonstrated ability to interact effectively with senior management and offshore teams
• Strong attention to detail and strong project management skills
• Standard daily work hours: 9:00AM-6:30PM ET – ability and willingness to work overtime as required, particularly when there are daily cash reconciliation discrepancies

Our elite global Alternative Investment Fund client is seeking to recruit a Senior Associate level Compliance officer with demonstrated AML Sanctions and Anti-Corruption compliance expertise to analyze risk and mitigate financial crimes.  AML sanctions and anti-corruption experience is mandatory.

Responsibilities:

• Analyze and mitigate financial crime risk for the firm with a primary focus on anti-money laundering (AML) anti-bribery, sanctions and anti-corruption compliance
• Review counterparties and transactions across all business lines for potential AML sanctions
• Perform surveillance of political contributions and proactively escalate flagged findings
• Analyze, surveille and test electronic communications ensuring adherence to compliance policies
• Assist with administration of the Code of Ethics compliance program including the review and approval of gifts and entertainment, external business activities, personal trading and outside investment activities, etc.
• Review, analyze and escalate potential violations to Code of Ethics
• Analyze, edit and distribute compliance materials and training programs

Requirements:

• Bachelor’s Degree
• 3+ years of Anti-Money Laundering sanctions and anti-corruption compliance experience is mandatory
• Experience in the private investment, alternative investment or global consulting industry with a focus on the alternative investment industry is required
• Exposure to Code of Ethics compliance programs
• Fundamental knowledge of anti-money laundering compliance software and systems such as LexisNexis Bridger Insight, Dow Jones RiskCenter, etc.
• Knowledge of Code of Ethics systems/software preferred
• Highly motivated and detail oriented
• Ability to interact effectively with internal and external stakeholders