Abs Operations Associate

Overview

• Join a prominent financial services firm as an ABS Operations Associate, managing complex asset-backed securities portfolios.
• Enhance operational efficiency and accuracy in structured credit asset classes, including ABS, RMBS, CMBS, and CLOs.
• Collaborate with cross-functional teams to optimize trading, valuation, and reporting processes.
• Engage in strategic initiatives to improve systems and processes within a dynamic environment.
• Utilize industry-leading tools such as Intex and Bloomberg to support portfolio management tasks.
• Contribute to a hybrid work model, combining on-site collaboration and remote flexibility.
• Develop expertise in structured credit operations while working in a collaborative and innovative team.
• Be part of a firm that values precision, efficiency, and professional growth opportunities.

Key Responsibilities & Duties

• Manage ABS portfolios, handling diverse collateral types such as loans, CMBS, and CLOs.
• Perform daily and monthly reconciliations, resolving discrepancies with administrators and ensuring accuracy.
• Process month-end updates, including principal distributions and interest calculations for structured credit portfolios.
• Assist in portfolio valuation, pricing, and reporting to internal committees and stakeholders.
• Support securitization transactions, providing reporting and purchase assistance.
• Manage trade lifecycle activities, from instrument setup to settlement resolution.
• Coordinate cash management processes, including wire submissions and broker communications.
• Participate in strategic projects, enhancing system functionality and operational workflows.

Job Requirements

• Bachelor of Science (BS) degree required, preferably in finance or related fields.
• Minimum of 3 years of middle/back-office experience, ideally within a buy-side fund.
• Proficiency in Microsoft Excel and familiarity with tools like Intex, Bloomberg, and trustee websites.
• Knowledge of structured credit asset classes, including ABS, RMBS, CMBS, and CLOs.
• Experience with portfolio management systems such as Geneva or VPM is preferred.
• 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.