Analyst, Credit Operations

Obra Capital; New York (NY); On-site; USD 80,000 - 100,000; Full time

Benefits offered by this job

Medical/Dental/Vision plans

401(k) with company match

Lunch stipend

Job summary

Obra Institutional Credit in New York City seeks a Credit Operations Analyst to uphold daily credit research operations and internal controls. You will manage the credit research platform, access subscriptions, and support CLO trade settlement and SMA client activity.

Reporting to the Head of Operations, you will also assist the Montpelier office with general operations, coordinate with analysts and portfolio managers, and handle administrative tasks including mail, calls, and inventory.

Qualifications

• 1-3 years of relevant experience in financial operations or investment research.
• Bachelor’s degree with strong math skills.
• Understanding of financial markets and credit instruments.

Responsibilities

• Run daily performance calculations and distribute to Analysts and Portfolio Managers.
• Bond and Loan trade allocations, trade affirmations, settlement of trades, and loan communications.
• Assist with CLO trade settlement activities.
• Maintain SMA client portfolio activity including booking transactions in internal systems.
• Distribute monthly statements and process relevant corporate actions.

Skills

Math proficiency

Attention to detail

Communication

Discretion

Education

Bachelor's degree

Tools

Excel

Word

Outlook

PowerPoint

Job description

Company Overview

Obra Institutional Credit (OIC), a subsidiary of Obra Capital Inc., is a leading independent asset management and investment research firm, specializing in high-yield bonds and leveraged loans with a strong focus on rigorous, bottom-up credit analysis. OIC’s clients include industry-leading wealth managers, large public pension funds, and other leveraged finance investors.

Position Overview

OIC is seeking a Credit Operations Analyst to join our New York City office. Reporting to the Head of Operations for Obra Capital, this role will support our investment research business by maintaining our credit research platform, managing subscription access, and ensuring seamless operations. The Credit Operations Analyst will also provide support to the Montpelier office, assisting with general operations processing needs. This position will be full-time in our New York City office.

Responsibilities

• Run Daily Performance calculations and distribute to Analysts and Portfolio Managers.
• Bond and Loan trade allocations, trade affirmations, settlement of bond and loan trades, loan communications in ClearPar, distribution of Funding Memos to relevant parties
• Assist with CLO trade settlement activities
• Maintain SMA client’s portfolio activity including booking relevant transactions in internal systems
• Distributing monthly statements.
• Processing relevant Corporate Actions and informing Portfolio Managers/Analysts involved.
• Assistance with monthly cash and asset reconciliation.
• Completing Monthly Best Executions.
• Assist with new SMA client onboarding and closing of accounts
• Maintain office supply inventory, handle incoming mail, and direct incoming calls, visits and inquiries.
• Support various administrative and ad hoc tasks as assigned.

Qualifications

• 1-3 years of relevant experience in financial operations, investment research, or a related field.
• Bachelor’s degree with a strong academic record and a proficiency in math.
• Understanding of financial markets, credit instruments, and basic accounting principles.
• Strong attention to detail with the ability to manage multiple tasks and deadlines.
• Proficiency in Microsoft Office Suite (Excel, Word, Outlook, PowerPoint).
• Excellent communication skills, both written and verbal.
• Ability to handle sensitive information with discretion and confidentiality.
• Strong organizational and time management skills, with the ability to work independently and as part of a team.

Compensation

In accordance with pay transparency laws the expected salary for this position is $80,000 to $100,000 per year. The expected base salary range for this role is outlined below. In addition to the base salary, total compensation may include a discretionary bonus based on performance. This range given is a best faith estimate which reflects a variety of factors, including years of relevant experience, education, location and other qualifications pertinent to the position. Base salary does not include any other performance based compensation such as year end cash bonus.

Benefits

• Comprehensive Medical/Rx, Dental and Vision plans
• 401(k) program with company match
• Flexible Savings Accounts (FSA)
• Healthcare Savings Accounts (HSA) with company contribution
• Basic and Voluntary Life Insurance
• Long-Term Disability (LTD) and Short-Term Disability (STD) insurance
• Commuter Benefits plan for parking and transit. In addition all employees of Obra are provided with a daily lunch stipend.

Salary Range

$80,000 - $100,000 USD