Senior Operations Associate

Nextera Search; United States; On-site; USD 140,000 - 200,000; Full time

Job summary

An investment management firm is seeking an experienced Senior Operations Associate based in New York. The role involves actively supporting a diversified portfolio of asset-backed securities, including reperforming loans and CMBS, alongside managing reconciliations and providing valuation support. Candidates should have 3-4+ years of experience in a buy-side investment firm, with knowledge of structured credit asset classes and efficiency in fast-paced environments. Full-time employment with competitive salary range.

Qualifications

• 3-4+ years of middle or back office experience in a buy-side investment firm.
• Proven ability to manage multiple priorities under pressure.
• General knowledge of structured credit asset classes.

Responsibilities

• Support a diversified portfolio of asset-backed securities.
• Manage daily and monthly position and P&L reconciliation.
• Collaborate on securitizations and trade lifecycle management.

Skills

Structured credit knowledge

Time management

Fast-paced work efficiency

Tools

Geneva

VPM

Job description

Base Pay Range

$140,000.00/yr - $200,000.00/yr

An Investment Management Firm based in New York City is seeking an experienced professional to join their team as a Senior Operations Associate.

Responsibilities

• Actively support a diversified portfolio of asset-backed securities, including (but not limited to) reperforming loans, CMBS, direct real estate, marketplace loans, CLOs, non-U.S. ABS, and CMBX/ABX.
• Daily and monthly position and P&L reconciliation; sign off on reconciliations with the administrator and investigate and resolve discrepancies.
• Month-end reconciliation, including processing factor updates, principal and interest distributions, and interest shortfalls within internal systems. Utilize Intex for remittance reports, offering documents, and investor reporting for select portfolio investments.
• Portfolio valuation support; assist the PM with month-end pricing of the ABS portfolio, manage pricing requests with counterparties and vendors, and participate in the pricing challenge process. Prepare and submit portfolio summaries to the Valuation Committee.
• Marketplace and reperforming loan securitizations; collaborate with legal and investment teams on deal executions and provide ongoing support for reporting and subsequent security purchases.
• Trade affirmation, confirmation, and settlement across the full trade lifecycle, including instrument setup, transaction booking, and coordination with prime broker settlement teams to resolve issues.
• Perform other duties, as needed.

Qualifications

• General knowledge of structured credit asset classes, including ABS, RMBS, CMBS, and CLOs.
• 3–4+ years of middle- or back-office experience, preferably within a buy-side investment firm.
• Proven ability to work efficiently in a fast-paced environment, manage multiple priorities, and perform effectively under pressure.
• Experience with portfolio management systems such as Geneva, VPM, or similar platforms.

Seniority Level

• Associate

Employment Type

• Full-time

Job Function

• Finance

Industries

• Investment Management