Asset Management Associate

Cross River; Fort Lee (NJ); Hybrid; USD 110,000 - 130,000; Full time

Job summary

Cross River, a fast-growing fintech company, seeks an Asset Management Senior Analyst / Associate to manage transaction processes and facilitate operations within the Capital Markets Financing Business. This role involves collaboration with cross-functional teams to enhance operational efficiency and support loan sales, requiring strong analytical skills and attention to detail.

Qualifications

• 2+ years in transaction management or capital markets experience preferred.
• Proficient in navigating legal documents and financial analysis functions.
• FINRA Licensing (SIE, Series 7 or Series 99) is a plus.

Responsibilities

• Lead and manage closing activities for securitization and loan sales.
• Participate in post-closing relationships with clients and investors.
• Assist in building operational infrastructure for new initiatives.

Skills

Attention to detail

Communication

Problem-solving

Data analysis

Education

Bachelor's Degree

Degree in a STEM discipline

Tools

MS Excel

MS PowerPoint

MS Word

Job description

Cross River is a highly profitable, fast-growing financial technology company powering the future of financial services. Our comprehensive suite of innovative and scalable embedded payments, cards, and lending products deliver financial services for millions of businesses and consumers around the globe. Cross River is backed by leading investors and serves the world's most essential fintech and technology companies. Together with its partners, Cross River is reshaping global finance and financial inclusion.

We are on a mission to build the infrastructure that propels access, inclusion, and the democratization of financial services. While our company has tripled in size over the last three years, our strong sense of purpose led Cross River to be named to American Banker's list of Best Places to Work in Fintech for the last 6 years. The reason for this success is simple - our nimble and collaborative family culture lives in every member of our growing team. Together we are at the forefront of technology and innovation, and we invite passionate, collaborative, and motivated high performers to join our expanding team.

What We're Looking For

The Asset Management ("AM") Senior Analyst / Associate will collaborate internally and externally to facilitate transaction management, post-closing activity and day-to-day operations within the Fintech CIO Function. This individual will orchestrate daily activities that are vital to deal execution and assist in refining the infrastructure in support of the Capital Markets Financing Business (loan sales and securitizations). We're looking for an ambitious team player who is ready to dive into detail and execute on controlled processes that will allow Cross River to operate at scale. This individual will also work with our internal software development team and internal and external stakeholders to help fintech the loan sale & performance surveillance process. The AM team will work closely and cross-functionally with internal Finance (Accounting, FP&A, Treasury), Credit, Legal and Technology (Engineering, Data Science) teams, as well as the Quantitative Strategies, Strategic Direct Lending and Capital Markets Financing groups that sit within the CIO Function.

Responsibilities :

• Lead / manage closing activities for Securitization, Loan Sales, and securities settlements
• Participate in front line relationships with clients / investors for all post-closing activity
• Owner of end-to-end monthly participation remittance process and continue buildout of process automation
• Assist in building operational infrastructure for new strategic initiatives and business lines
• Support ABS securities portfolio by managing asset & portfolio level analytics and monthly securities valuation process
• Work cross-functionally to drive increase in operation efficiency
• Manage recurring deliverables to internal stakeholders and associated committees
• Assist in gathering relevant materials and supporting internal and external audits

Qualifications :

• 2+ years of experience transaction management (in COO or middle office function) or commensurate capital markets experience (preferably structured products)
• Bachelor's Degree (a degree in a STEM discipline is preferred)
• FINRA Licensing (SIE, Series 7 or Series 99) is a plus.
• Comfortable navigating and interpreting legal documentation
• Advanced MS Excel (pivot tables, data tables, macros, statistical functions, financial analysis functions)
• Proficient in MS PowerPoint and Word
• Excellent verbal and written communication skills
• Knowledge of fixed income and structured products
• Experience in debt capital markets and / or asset management (at an investment bank, hedge fund, rating agency, or issuer) is a plus
• Incredibly strong attention to detail
• Possesses curiosity and a desire to continue to learn and grow
• Ability to take constructive feedback and adapt
• Willingness to think outside the box and craft creative solutions
• Ability to persevere and overcome adversity

LI-JJ1 #LI-Hybrid #LI-Onsite

Salary Range : $110,000.00 - $130,000.00

Cross River is an Equal Opportunity Employer. Cross River does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, merit, and business need.

By submitting your application, you give Cross River permission to email, call, or text you using the contact details provided. We will only contact you with job related information.

Create a job alert for this search

Associate Asset Management • Fort Lee, NJ, US