Investment Operations Associate
Job Description
All offices are currently open, and our employees are back 4 or 5 days a week in Hudson Yards, NY and 3 days a week in all other offices. If you have questions on this policy or the application process, please contact [email protected].
Company policy requires all employees and visitors to the Hudson Yards, NY office to be vaccinated against the COVID-19 virus.
COMPANY OVERVIEW
Global Atlantic Financial Group is a leader in the U.S. life insurance and annuity industry, serving the needs of individuals and institutions. Global Atlantic is a majority-owned subsidiary of KKR, a leading global investment firm that offers alternative asset management across multiple strategies and capital markets solutions.
Global Atlantic is looking for a diverse team of talented individuals who reinforce our culture of collaboration and innovation. We are dedicated to the career development of our people because we know they are critical to our long-term success. Join our team and come grow with us.Â
We use Greenhouse as our scheduling tool and communicate through their systems. At times, your email may block our communications. Please be sure to check your SPAM so that you do not miss critical information about our process, including scheduling.Â
POSITION OVERVIEW
Global Atlantic is seeking a candidate to join its CLO Management team. The position is responsible for performing cash advances, processing waterfall distributions, compliance reporting and analysis for GA’s Middle Market CLOs. The candidate will also preserve portfolio data quality by ensuring up-to-date information on reporting systems. Additionally, the candidate will be a key resource for junior analysts on the team.
- Support end-to-end CLO process including closings, advances, liquidity, liability management, reporting, compliance testing and waterfalls
- Monitoring liquidity and performing cash advances to CLOs for settlements or borrowings
- Compiling necessary documentation for cash advances and booking it in internal systems
- Analyze impact of advances or paydowns to CLO Notes to maintain optimal capital structure
- Understand borrowings and paydowns on revolving CLO Notes and be able to review CLO Note balances and accruals for waterfall distributions
- Coordinate with Trustees and Agents to ensure accurate processing of advances, paydowns and interest on CLO Notes
- Reconcile and approve monthly CLO reports, which include portfolio metrics such as Coverage Tests, Collateral Quality Tests and Concentration Limitations. Process asset quality matrix selections in compliance with CLO documents
- Reconcile and approve quarterly distributions to investors/ lenders and booking the distribution in internal systems
- Mentor and provide additional support to junior analysts on the team
- Compile procedures to utilize offshore resources and build controls to monitor accuracy and quality of work
QUALIFICATIONS
- BS in Finance, Accounting, Economics, Business, or a related major. MBA or CFA a plus
- 3+ years relevant professional experience
- Knowledge of alternative investments and private debt, specifically CLOs and leveraged loans
- Blackrock Aladdin, Wall Street Office, Moody’s Analytics, Tableau experience is a plus
- Exceptional attention to detail, placing a high priority on accuracy
- Excellent communication and interpersonal skills
- Advanced organizational skills with the ability to multi-task multiple high priority responsibilities
- Ambition and desire to succeed by delivering quality and effective results
- Positive attitude even when faced with difficult obstacles, issues, or challenges
- Proficiency with Microsoft Office programs. VBA and Visio experience a plus
TOTAL REWARDS STATEMENTÂ Â
Global Atlantic’s total rewards package is reflective of our corporate values, particularly diversity, excellence and innovation, with a focus on inclusion, pay equity, and flexibility. We are proud to support your personal and professional growth and well-being through programs such as educational assistance, virtual physical therapy, remote/onsite fitness reimbursement, a medical second opinion program, pet insurance, military leave, parental leave, adoption assistance, fertility and family planning coverage. We strive to foster a culture of total well-being through community outreach and charitable giving programs.
We are active in our communities-
- New York: Red Hook Conservancy, Girls Who Invest and The Bowery Mission
- Boston: Cradles to Crayons, Project Bread, Let’s Get Ready, Rise Against Hunger, Salvation Army and many other local volunteer organizations in around the Boston area
- Hartford:Â Habitat for Humanity, Foodshare, Humane Society, Hands on Hartford, Mercy Shelter and Dog Star Rescue
- Indianapolis: Elevate Indianapolis, Gleaners Food Bank and the Juvenile Diabetes Research Foundation
- Batesville: American Cancer Society Relay for Life, Angels of Giving, Margaret Mary Health Foundation, Ripley County Community Foundation, Safe Passage, Batesville High School Sponsorships, local area youth sports and food pantries, as well as many others
- Des Moines: United Way, Central Iowa Shelter & Services, Junior Achievement of Central Iowa and Make a Wish Foundation
- Berwyn: Food drive and will be planning an event to help a local family over the holidays
- Atlanta: Packaged Good Organization, which helps the most vulnerable community members with providing personalized care packages for people in need including the elderly, our armed forces, the homeless and hospitalized kids
- Bermuda: Sponsor of a weekly feeding program operated by The Hamilton Seventh-Day Adventist Church
Social platforms provide an environment to collaborate with others and participate in friendly competitions towards achieving physical, emotional and financial well-being. Our highly competitive health, retirement, life and disability plans can be tailored to best suit your needs and those of your whole family.
Global Atlantic is committed to creating an inclusive environment where everyone can meaningfully contribute to our success. We are proud to be an equal opportunity employer and we do not discriminate in employment on any basis that is prohibited by federal, state or local laws. More than that, we strive to be inclusive of all backgrounds and experiences, which we feel gives us a competitive advantage in the market and within our firm. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, disability, age, or veteran status.
Employees who require an accommodation to perform the essential functions of their job will participate in an interactive process which may include providing documentation. If you are hired and require an accommodation for any protected status, please email [email protected].
Please click on the links below to learn more about Global Atlantic.
Global Atlantic Financial Company Employee Candidate Privacy Notice
Date Posted
10/27/2022
Views
6
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