Lead, Private Credit Reconciliation & Operations

The Nassau Companies of New York; Hartford Township (OH); Presencial; USD 125.000 - 175.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Medical insurance

Dental insurance

Vision insurance

Life insurance for dependents

Descripción de la vacante

Nassau Financial Group in Hartford, CT seeks a Manager of Reconciliation Operations to build and lead a new team responsible for private credit processing, cash and holdings reconciliations, and internal transfers. The role defines operating model, controls, and service standards to ensure accurate, timely processing.

The ideal candidate brings leadership experience, strong knowledge of investment cash processing and reconciliations, and the ability to drive process improvements in a

Formación

• Bachelor's degree in Finance, Accounting, Business, or a related field.
• Progressive experience in investment operations, middle-office, private credit or loan operations, treasury operations, or investment accounting.
• Demonstrated experience leading a team and building new operational processes, solutions, or capabilities.
• Strong knowledge of investment cash processing, reconciliations, custody operations, wire controls, and exception management.
• Experience with private credit, private debt, bank loans, or other less-liquid investments is preferred.
• Understanding of private credit activity and cash flows (fundings, PIK, payments, fees).
• Experience partnering with custodians, banks, Treasury, Accounting, and investment professionals.
• Excellent analytical, problem-solving, organizational, and communication skills.
• Ability to manage competing priorities and operate in a developing environment.
• Proficiency with Excel and related reconciliation/workflow systems.

Responsabilidades

• Build and lead a new team for private credit processing, cash and holdings reconciliations, suspense resolution, wire activity, and internal transfers.
• Define team responsibilities, workflows, escalation protocols, service standards, and performance expectations.
• Develop team members with a culture of accountability and continuous improvement.
• Design scalable processes and controls to monitor volumes, aging, and exceptions within risk limits.
• Identify opportunities to automate manual processes and improve accuracy and transparency.
• Oversee cash and holdings reconciliations between internal records and custody banks.
• Lead the investigation and clearance of suspense items and unidentified cash.
• Coordinate with custodians, banks, agents, and internal teams to resolve discrepancies.
• Establish controls and reporting for aged, material, or recurring exceptions.
• Perform root-cause analysis and preventive actions.
• Serve as primary reconciliation liaison among Treasury, Investment Accounting, and investment teams.
• Coordinate with Investment Accounting to ensure complete recording of transactions.
• Maintain clear documentation and audit trails for approvals and transfers.
• Ensure processes comply with policies and segregation-of-duties.
• Support audits and governance activities.
• Escalate material issues and drive resolutions.
• Perform other duties as assigned.

Conocimientos

Team leadership

Operational process design

Cash & holdings reconciliations

Private credit knowledge

Analytical skills

Excel proficiency

Communication skills

Cross-functional collaboration

Educación

Bachelor's degree in Finance/Accounting/Business

Herramientas

Excel

Investment accounting systems

Portfolio management systems

Reconciliation software

Treasury systems

Custody systems

Descripción del empleo

Nassau Financial Group in Hartford, CT seeks a Manager of Reconciliation Operations to build and lead a new team responsible for private credit processing, cash and holdings reconciliations, and internal transfers. The role defines operating model, controls, and service standards to ensure accurate, timely processing.

The ideal candidate brings leadership experience, strong knowledge of investment cash processing and reconciliations, and the ability to drive process improvements in a