Abs Operations Associate

Overview

• Join a leading financial services firm as an ABS Operations Associate, specializing in structured credit asset classes such as ABS, RMBS, CMBS, and CLOs.
• Contribute to operational excellence and strategic initiatives in a dynamic, fast-paced environment.
• Collaborate with cross-functional teams to optimize trading, valuation, and reporting processes using advanced financial tools.
• Engage in a hybrid work model, combining on-site collaboration with remote flexibility for a balanced work-life experience.
• Develop expertise in structured credit operations while advancing your career in a supportive and growth-oriented team setting.
• Participate in impactful projects that drive innovation and operational efficiency within the organization.
• Be part of a team that values precision, efficiency, and professional development opportunities.

Key Responsibilities & Duties

• Manage diverse ABS portfolios, ensuring operational accuracy and efficiency in all daily processes.
• Perform reconciliations and resolve discrepancies with administrators to maintain data integrity.
• Handle month-end updates, including principal distributions and interest calculations.
• Assist in portfolio valuation, pricing, and reporting to internal committees and stakeholders.
• Support securitization transactions and provide 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 aimed at enhancing system functionality and 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.