Alternative Investment Management

Our global Alternative Investment Management client is seeking to recruit a lateral Investment Banking Analyst (Leveraged Finance or M&A) to perform fundraising, fund development, investment analysis and new loan transaction underwriting. Advanced financial modeling, presentation development and client-facing skills required.

Responsibilities:

• Perform institutional fundraising and fund development for the firm’s main funds and separately managed accounts
• Participate in meetings with institutional investors, private equity sponsors and prospective clients and assist with structuring, negotiation and the formation of new funds
• Develop client presentations, pitch materials and analytics and marketing collateral
• Perform ongoing portfolio monitoring, performance analysis and financial data management (from origination to payoff)
• Perform investment analysis and underwrite new loan transactions
• Assist with loan term negotiations and documentation
• Work closely with internal teams across sales operations, finance/accounting, compliance and investor relations

Requirements:

• Bachelor’s Degree
• 1-3 years of leveraged finance or M&A investment banking experience
• Broad financial modeling experience and demonstrated ability to build LBO, DCF and three-statement models
• Fundamental knowledge of financial analysis and accounting concepts
• Formal credit training is a plus
• Detail oriented, highly motivated and intellectually curious with a strong work ethic
• Advanced MS Excel and PowerPoint skills
• Ability to thrive in a fast-paced deadline driven environment
• Experience developing client presentations and marketing collateral
• Excellent communication, business writing and presentation skills

Our elite global Alternative Investment Management client is seeking to recruit a Fund Accountant to support their private credit direct lending platform (approximately $30B AUM). The ideal candidate will have a CPA with mix of public/private accounting, or be actively in progress to obtain the CPA license.

Responsibilities:

• Maintain the books and records of several funds in accordance with US GAAP
• Produce accurate monthly NAVs
• Conduct month-end review of reconciliations, trading PNL and accruals
• Oversee the quarterly preparation of several funds financial statements, as well as year-end audited financial statements and related footnotes
• Perform fund accounting, reporting and analysis
• Interact frequently with third-party fund administrators
• Work closely with Front Office, Investor Relations, Operations, IT, Tax and Legal
• Respond to investor relations information requests in a timely manner
• Manage, review and modify (as needed) accounting/financial systems, procedures, and processes
• Perform ad hoc projects as required

Requirements:

• Bachelor’s Degree in Accounting
• 2-5 years of public accounting (Big 4 Investment Management audit experience preferred) or a mix of public and private fund accounting experience
• Licensed CPA, or be actively in progress to obtain the CPA license
• Fundamental understanding of accounting structures associated with private equity or closed end funds
• Experience with capital allocation, waterfall and management fee calculations
• Proficient Excel and Word skills
• Knowledge of fixed income products
• Highly motivated, detail oriented and deadline driven
• Excellent communication and collaboration skills

Our global Alternative Investment Management client is seeking to recruit a VP Investment 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 global Alternative Investment Management client is seeking to recruit an Investment Operations Associate to provide trading and investment operations support with a primary focus on fixed income and derivative investment strategies.

Responsibilities:

• Provide investment operations support across a variety of corporate and private investment strategies: non-performing loans (NPLs), private equity, real estate, distressed credit, emerging markets, FX hedging, etc.
• Provide full trading lifecycle operations support to trading desks for all products traded
• Book and reconcile trading positions and ensure proper settlement of daily trading activity
• Collaborate with counterparties, fund administrators and prime brokers on daily trade reconciliation, month-end close, P&L analysis and cash reconciliations
• Book fundings and capital returns for the private investment portfolio
• Work with other investment operations trading desks on liquidity, P&L and hedging analysis
• Document trading and allocation errors
• Maintain financial data in the data warehousing system
• Assist with automation and process improvement initiatives
• Oversee and manage the proxy voting process

Requirements:

• Bachelor’s Degree
• 4+ years of investment and trading operations experience
• Fundamental knowledge of corporate and provide alternative investment products – fixed income, derivatives, FX, etx.
• Advanced Excel skills
• Strong project management and time management skills
• Excellent communication and interpersonal skills

Our elite global Alternative Investment Management client is seeking to recruit a Loan Servicing Associate to service broadly syndicated middle market loans across multiple lenders.

Responsibilities:

• Service broadly syndicated middle market loans across multiple lenders
• 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 required
• 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