Project Manager Operations, Los Angeles, CA, to: $150K Base

 

 

 

Full Relocation to L.A. 

 

Job Code: AJKJA8740 

 

 

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(VP level) Operations Project Manager

Base to $150K – Total Comp to $195K

Ideal candidate comes from a large asset manager or hedge fund and wants an entrepreneurial private equity firm

 

The Operations group is responsible for all post trade execution processing including: trade confirmation, settlements, cash reconciliations, data integrity (pricing, ratings, security setups).  This role requires a candidate who is able and willing to remain hands on in project management with a strong background in asset management and alternative investments.

 

Position Responsibilities:

Project Management

·        Lead all process/workflow improvement projects involving the Operations Group and IT

·        Lead all system upgrade/replacement planning and project execution from Operations perspective

·        Document functional specifications for systems and workflow related changes

·        Execute/coordinate testing of all internal and external systems upgrades or enhancements including developing testing strategies and modifications to procedures that would be impacted by newer version

Subject Matter Expertise

·        Experience in at least one of the following areas:  trade settlements, corporate actions, cash reconciliations, data management, performance.

·        Expertise in bankloans, derivatives and other fixed income securities required

·        Act as the primary expert in all systems used by operations; leverage this knowledge to assist in researching issues, designing workflow for new products and training new employees

·        Demonstrate fund accounting/securities accounting expertise

 

      Experience and Skills Required:

• BS or BA in Finance, Accounting or related discipline, MBA a plus
• Minimum of five years of investment management operations experience
• Strong fixed-income product knowledge, particularly bank loans, CLO’s, CDO’s variable rates securities
• Hedge fund or private equity experience is a plus

 

 

Industry Awareness

·        Evaluate other systems available in the market and provide comprehensive comparative analysis

·        Be aware of industry initiatives and upcoming standards and apply them to the Ares organization.

 

      General Skills:

• Excellent written and verbal communication skills
• Strong organization and time management skills
• Demonstrated leadership capabilities
• Team-oriented work ethic that includes willingness to help others
• Able to work independently and share results of assigned projects with team
• members
• Ability to multi-task and work in a fast-paced environment

 

 

      Computer Skills:

• Portia, CDO Suite, Wall Street Office and Bloomberg Trading System preferred
• Highly proficient in Microsoft Excel – knowledge of formulae a must (e.g.
• “vlookup”)
• Proficient in Microsoft Powerpoint, Visio
• Working knowledge of Microsoft Access or other databases a plus