Operations Specialist

$80,000 - $110,000/Yr

Arrow Search Partners - Columbus, OH

Full-time - Mid Level

Columbus, OH

101-250 employees

Administrative and Support Services

About the position

The Operations Specialist will play a crucial role in supporting lending and distressed funds within an investment advisory firm that manages over $20 billion in assets. This position involves managing reporting requirements, collaborating with various teams, and ensuring accurate financial operations related to CLOs (Collateralized Loan Obligations).

Responsibilities

• Manage reporting requirements across multiple CLO's including review of daily P&L and control diagnostics
• Work with the CLO provider and Trustee to help maintain/review daily cash, position, and accrual reconciliations associated with the portfolio
• Review bank debt trade settlement packages including assignment agreements and funding memos
• Work directly with front office on new issue transactions as well as ad hoc requests relating to P&L, exposure, and trade activity inquiries regarding the portfolio
• Partner with tax accounting, reporting, and treasury/financing teams on daily support requirements
• Maintain fund transactions and inventory in a vendor supported portfolio accounting system
• Participate in a broad range of operational projects

Requirements

• Bachelor's degree required
• 3-5 years of relevant experience
• CFA a plus
• Experience in financial services with a focus on bank debt
• Strong knowledge of common financial products such as equities, bonds and derivatives
• Comfortable communicating directly with internal partners, front office personnel and senior management
• Proficiency in Excel