Associate or Senior Associate, Operations - Global Private Debt

Oaktree Capital Management, L.P. • New York, NY

2d • $100,000 - $145,000

About The Position

Oaktree is a leader among global investment managers specializing in alternative investments, with more than $220 billion in assets under management. The firm emphasizes an opportunistic, value-oriented, and risk-controlled approach to investments in credit, equity, and real estate. The firm has more than 1,400 employees and offices in more than 25 cities worldwide. We are committed to cultivating an environment that is collaborative, curious, inclusive and honors diversity of thought. Providing training and career development opportunities and emphasizing strong support for our local communities through philanthropic initiatives are essential to our culture. The Global Private Debt strategy seeks to achieve attractive, risk-adjusted absolute returns by originating or participating in the syndication of performing debt issued privately by borrowers. Initially focused on mezzanine financings, the strategy has evolved to include directly originated senior loans. The key elements of our approach include working with experienced management teams and strong equity sponsors, conducting thorough due diligence for every transaction, avoiding overpriced transactions, targeting conservative deal structures, participating in company governance (through board seats or observer rights) and actively monitoring investments to stay ahead of potential credit issues. For additional information, please visit our website at www.oaktreecapital.com.

Requirements

• 3-5 years of experience as an investment operations analyst or other applicable role in private credit
• Dedicated fixed income and direct lending experience
• Advanced proficiency in Excel including strong financial modeling skills
• Experience multi-tasking in a fast-paced environment
• Highly organized and able to adapt to variable deadlines
• Must have outstanding initiative, problem solving skills, and be a self-starter
• Should demonstrate non-linear thinking and have excellent written, verbal and interpersonal communication skills
• Needs to be able to prioritize and manage multiple competing tasks
• Must be a collaborative, team-oriented individual with strong sense of integrity and professionalism

Nice To Haves

• A bachelor’s degree in accounting or finance is preferred but not required

Responsibilities

• Assist with overall capital planning and leverage management efforts for our private credit platform
• Assist with optimizing credit facility design and usage across our private credit funds
• Partner with Capital Solutions team to assist in the planning and execution of financings (e.g., subscription credit facilities and asset-backed credit facilities)
• Build and manage complex financial models to support these efforts
• Play a key role in cash, liquidity and capital forecasting across our funds and accounts
• Day-to-day forecast updates and analysis of cash requirements
• Optimization of timing of capital calls, distributions, borrowings and repayments to drive fund returns
• Continuous improvement of our forecasting tools and processes
• Build and manage numerous fund models to help drive strategic decisions.
• Examples include: Earnings, leverage and liquidity forecasts for our business development companies (”BDCs”)
• Ongoing return projections for all Global Private Debt funds to evaluate performance against target returns
• Investment return projection models for prospective funds and accounts
• Assist with analyses and presentation creation for various stakeholders including Board of Directors, rating agencies and banks
• Collaborate closely with investment teams and other functional areas including Fund Accounting, Investment Operations, Capital Solutions, Business Development, Legal and Compliance
• Assist with firm-wide technology initiatives focused on data and operational improvements
• Participate in a wide variety of special projects, both operational and financial

Benefits

• In addition to a competitive base salary, you will be eligible to receive discretionary bonus incentives, a comprehensive benefits package and a flexible work arrangement.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 501-1,000 employees