AVP/VP - Credit Fund Operations - Phaxis LLC
New York, NY 10017
About the Job
Growing credit fund with 2b in AUM is seeking a strong operations candidate to join their team. This candidate will support the operations and lifecycle management of structured credit products, focusing on asset-backed securities (ABS) and residential mortgage-backed securities (RMBS). The role requires managing trade processing, settlement, reconciliation, and reporting for these complex products, ensuring accurate data flow and communication between portfolio managers, traders, custodians, and third-party administrators.
Key Responsibilities:
Key Responsibilities:
- Accurately process and settle ABS and RMBS trades, ensuring timely and correct booking within internal systems.
- Work with counterparties, custodians, and administrators to address and resolve any trade or settlement discrepancies.
- Monitor settlement status and follow up on delayed settlements to ensure timely and accurate portfolio data.
- Perform daily and monthly position and cash reconciliations with custodians, clearinghouses, and counterparties.
- Ensure accurate and consistent position and pricing data across all systems, investigating and resolving breaks promptly.
- Manage and validate data for all structured credit instruments to maintain integrity in trading and portfolio management systems.
Source : Phaxis LLC