Associate, Investment Operations

Fortitude Re•Jersey City, NJ

About The Position

The Associate, Investment Operations plays a critical role in supporting the investment, portfolio management, and operations functions of a growing private credit platform. This individual will act as a key liaison between the investment teams, operations, fund administrators, investment accounting and external counterparties. The role requires strong analytical skills, attention to detail, and the ability to operate effectively in a fast-paced, transaction-driven environment.

Requirements

Bachelor's degree preferably in Finance, Accounting, Economics or a related field
2-5 years of investment, accounting, Middle Office and/or data analysis experience
Strong working knowledge of Fixed Income securities and good understanding of private credit and alternatives instruments preferred.
Inquisitive mindset with the ability to research issues and present clearly proposed remedial actions.
Excellent communication and organizational skills with the ability to manage multiple priorities under tight deadlines.
Ability to work collaboratively within a team and across departments.
Detail-oriented mindset with a commitment to continued learning, accuracy and process efficiency.

Nice To Haves

Familiarity with investment structures common in insurance and reinsurance structures is a plus.

Responsibilities

Support onboarding new reinsurance deals into the Investments Operational infrastructure by creating new portfolios, ensuring portfolio mapping is in place.
Facilitate the onboarding new asset managers and their integration onto Fortitude-Re platform (e.g. funds, separately managed accounts, direct investments)
Support onboarding of new funds, vehicles, and investment products by coordinating the completion of AML/KYC, subscription documents, investment management agreements and operational setups.
Coordinate all processes for private credit investments including funded/unfunded commitments, delay-draw facilities CML, RML and structured notes and coordinate funding requirements across treasury and finance teams.
Support post trade operations and settlement workflow by working closely with custodians, administrators and counterparties, proactively identifying and resolving issues and implementing process improvements
Identify process gaps and assist with implementation of scalable solutions to support business growth.
Maintain standard procedures across multiple processes.
Perform auditable control checks on key processes, e.g. portfolio creation, assets transfers and cash movements.
Produce, maintain, and monitor KPI metrics, escalating identified issues.
Identify process inefficiencies and support automation, system enhancements and expanded use of AI to drive operational effectiveness.
Assist in development of automated reports and dashboards to facilitate the management of the investment portfolio and the sharing of information with key stakeholders.
Track and coordinate capital calls and distributions with fund administrators and cash management teams.
Monitor liquidity requirements for funds and separately managed accounts to ensure timely funding of transactions and expenses.
Address ad-hoc inquiries relating to data, investment activities, and reconciliation issues, etc.