Abs Operations Associate

Overview

• Join a leading financial services firm as an Operations Associate specializing in asset-backed securities (ABS).
• Contribute to the lifecycle management of ABS portfolios, ensuring seamless operations and accurate reconciliations.
• Collaborate with portfolio managers, legal teams, and administrators to optimize ABS trading and valuation processes.
• Engage in strategic initiatives and process improvements within a dynamic and expanding operations environment.
• Work in a hybrid model, combining on-site and remote work flexibility.
• Utilize proprietary systems and industry tools like Intex and Bloomberg for portfolio management tasks.
• Enhance your expertise in structured credit asset classes, including ABS, RMBS, CMBS, and CLOs.
• Be part of a collaborative team that values precision, efficiency, and innovation.

Key Responsibilities & Duties

• Support ABS portfolios, managing collateral types such as loans, CMBS, and CLOs.
• Perform daily and monthly position reconciliations, resolving discrepancies with administrators.
• Process month-end updates, including principal distributions and interest calculations.
• Assist in portfolio valuation, pricing, and reporting to the Valuation Committee.
• Collaborate on securitization deals, providing reporting and purchase support.
• Manage trade lifecycle activities, from instrument setup to settlement resolution.
• Coordinate cash management processes, including wire submissions and broker communications.
• Participate in strategic projects and system functionality enhancements.

Job Requirements

• Bachelor of Science (BS) degree required, preferably in finance or related fields.
• 3-4+ years of middle/back-office experience, ideally within a buy-side fund.
• Proficiency in Microsoft Excel and familiarity with Intex, Bloomberg, and trustee websites.
• Knowledge of structured credit asset classes, including ABS, RMBS, CMBS, and CLOs.
• Experience with portfolio management systems like Geneva or VPM.
• Strong organizational skills and attention to detail in a fast-paced environment.
• Ability to manage multiple priorities and perform effectively under pressure.
• Excellent communication skills and a professional, team-oriented demeanor.