Credit Operations Associate

WhiteCap Search; New York (NY); On-site; USD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a detail-oriented professional to manage cash reconciliations and support investor relations. This role involves performing daily reconciliations of cash balances and investment positions, ensuring accuracy in collaboration with custodians and fund administrators. You will also assist in preparing limited partner reports and respond to inquiries, while identifying opportunities for process improvements. Join a dynamic team where your contributions will enhance operational efficiency and investor communications, making a significant impact in the financial sector.

Qualifications

• Strong understanding of cash reconciliation processes.
• Experience in investor relations and financial reporting.

Responsibilities

• Perform reconciliations of cash balances and investment positions.
• Liaise with custodians and fund administrators for data integrity.
• Support the preparation of LP reports and respond to inquiries.

Skills

Cash Reconciliation

Investor Relations

Data Analysis

Process Improvement

Education

Bachelor's Degree in Finance or Accounting

Job description

Job Function:

• Perform daily and monthly reconciliations of cash balances and investment positions across internal systems and custodians, resolving discrepancies promptly.

• Liaise with custodians, prime brokers, and fund administrators to ensure accuracy and integrity of cash and position data.

• Support the preparation and review of limited partner (LP) reports, including capital account statements, performance metrics, and portfolio summaries.

• Respond to LP inquiries related to capital calls, distributions, and general reporting while assisting in process improvements for investor communications.

• Assist Investor Relations with operational aspects of fundraising, including onboarding new investors and preparing materials for due diligence and marketing.

• Monitor fund liquidity, support capital call and distribution execution, and contribute to the management of credit lines and liquidity planning.

• Collaborate with internal teams and contribute to ad-hoc operational tasks, while identifying and implementing process improvements and automation opportunities.