Credit Operations Manager

About the role

The role of Manager, Credit Operations involves supporting Credit portfolio managers and traders across various products and processes.

Responsibilities

• Trade Lifecycle Management: Manages the entire lifecycle of credit trades including affirmation, matching, settlement, exercise/expiry. Products include structured credit, CDX/CDS, CLO, CMBS, MBS, TBA cash bonds.
• Maintain Relationships: Interacts daily with Executing Brokers, Prime Brokers, Fund Admins, and other counterparties to build and maintain relationships.
• Settlements / Fails: Ensures firm's Bonds, Repo, and structured credit settlements are handled. Partners with Prime Brokers to escalate to Executing Brokers for timely settlement.
• PnL Investigation: Works with PnL Control to investigate PnL outages and breaks. Verifies models and securities are set up properly and matches Clearing Houses like ICE and counterparties for bilateral products.
• Technology Enhancements: Proactively works with technology, front office, and external vendors to improve operational processes and automate where possible to minimize manual efforts and ensure scalability/stability.

Qualifications & Requirements

• Technical, business, or relevant finance degree
• Minimum of 5-7 years of relevant work experience in an investment bank, Fund Admin, Asset Manager, or Hedge fund
• Strong communication, organization, multitasking, and project management skills
• Experience with structured credit products is strongly preferred