Analyst, Trade Management Group

Waterfall Asset Management•New York, NY

About The Position

Waterfall Asset Management is looking to hire an Analyst into the Trade Management Group led by the Deputy COO/COO. The purpose of this team is to support the daily operations of each trading desk, manage trades throughout their lifecycles, act as the conduit between the front and back office in all respects, and prepare performance reporting/analytics. This role requires working with groups throughout the firm.

Requirements

BA/BS degree required, preferably in Finance
2-4 years of experience in middle office/operations roles, preferably with time at a buy-side institution
Knowledge of fixed income products and related derivatives, specifically ABS, Corporates, Repo, IRS, CMBX, CDX, TBAs
High degree of proficiency in Microsoft Excel is required
Highly organized with exceptional attention to detail
Process-improvement oriented with ability to collaborate with IT to drive business initiatives
Excellent communication and teamwork skills

Nice To Haves

experience with AI is a plus
Experience with Bloomberg is preferred
TradeWeb/Advent Geneva experience a plus

Responsibilities

Support daily operations of ABS desk which entails investment allocations, compliance monitoring, security setups, post trade reporting, and having frequent trading and repo desk communication leveraging our OMS, Bloomberg AIM
Assess potential opportunities for operational complexities by attending investment committee and firm strategy meetings
Assist in optimizing entity structuring and ensure trades are allocated in accordance with policy and latest PM directives
Review complex deal documents for privates, setup new securities and maintain them throughout trade life cycle
Book and monitor all asset-level investment activity in the portfolio management/accounting system, Advent Geneva
Troubleshoot any cash breaks and process security updates for interest shortfalls, revised remittances and more
Manage asset-based leverage with lenders and coordinate activity required to operate our business and meet leverage objectives
Coordinate weekly pipeline meetings with investment staff to review new deals and project activity on existing arrangements
Work with AI, IT and third party outsource on automation and delegation to reduce manual work and create leverage for the team
Prepare monthly and ad hoc reporting for the investment staff which includes returns, trading activity and holdings/analytics
Liaise with IT & investment teams to manage interactive dashboards to assist in portfolio management
Conduct regular meetings with investment staff to discuss monthly reporting prepared and operational initiatives
Provide deal expertise to collective back-office and sign-off on deal level P&L for the purposes of return estimates and NAV closes
Assist portfolio managers, investor relations and senior management with frequent ad hoc analyses and requests