Credit Operations VP (Liquid Credit)
About The Position
Petra Funds Group is seeking a Vice President, Liquid Credit Operations to lead and execute critical operational processes supporting a sophisticated liquid credit investment platform. This individual will play a key role in ensuring the accurate and timely settlement of investment transactions while partnering closely with Portfolio Management, Trading, Finance, Fund Accounting, and external counterparties. The ideal candidate is a detail-oriented operations professional with deep experience supporting liquid credit strategies, including broadly syndicated loans, CLOs, and RMBS. They thrive in fast-paced environments where competing priorities, multiple stakeholders, and strict settlement timelines are the norm.
Requirements
- Bachelor's degree in Finance, Accounting, Economics, Business, or a related field.
- 7+ years of investment operations experience supporting liquid credit or alternative investment strategies.
- Experience using settlement platforms such as ClearPar and/or CTM.
- Experience working with an Order Management System (OMS), including: Reconciling investment activity to the OMS, Running operational and reconciliation reports, Providing data extracts from external systems to feed the OMS
- Strong experience supporting investment operations for: Broadly Syndicated Loans, CLOs, RMBS
- Demonstrated ability to manage competing priorities in a high-volume, fast-paced environment while ensuring timely settlement of investment transactions.
- Strong analytical, reconciliation, and problem-solving skills.
- Excellent communication and organizational skills with the ability to work cross-functionally across investment, finance, and operations teams.
Responsibilities
- Oversee the operational lifecycle of liquid credit investment transactions from trade capture through settlement.
- Manage daily trade settlements and proactively resolve settlement exceptions with brokers, custodians, administrators, and counterparties.
- Reconcile investment activity between Order Management Systems (OMS) and downstream accounting and operational platforms.
- Generate operational reports from the OMS and provide data extracts from supporting systems to ensure accurate downstream processing.
- Partner closely with Portfolio Managers, Traders, Fund Accounting, Treasury, Compliance, and external service providers to ensure operational efficiency.
- Monitor trade activity across multiple portfolios while maintaining a high degree of accuracy in a fast-paced, high-volume environment.
- Support operational processes related to: Broadly syndicated loans (BSLs), Collateralized Loan Obligations (CLOs), Residential Mortgage-Backed Securities (RMBS)
- Identify opportunities to improve operational workflows, controls, automation, and reporting.
- Assist with operational projects, system implementations, and process enhancements as the business continues to scale.
- Maintain strong operational controls and ensure adherence to internal policies and industry best practices.
Benefits
- 90% covered medical, dental, and vision insurance premiums
- Fully funded Health Savings Account (HSA) employer contributions up to the IRS maximum
- 401(k) employer match at 100% of your contributions up to 5% of compensation, with immediate vesting
- Flexible paid time off
- Generous holiday calendar
- Hybrid work environment
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What This Job Offers
Job Type
Full-time
Career Level
Manager
