Nextera Search · 4 days ago
Senior Operations Associate
NYC Metro Area
Full-time
Onsite
Mid, Senior Level
$140K/yr - $200K/yr
3+ years expNextera Search is an Investment Management Firm based in New York City, and they are seeking an experienced professional to join their team as a Senior Operations Associate. The role involves supporting a portfolio of asset-backed securities, performing reconciliations, and managing the full trade life cycle while maintaining strong communication with various stakeholders.
Staffing & Recruiting
Responsibilities
Actively support a portfolio of asset-backed securities, including (but not limited to): Reperforming Loans, CMBS, Direct Real Estate, Marketplace Loans, CLOs, Non-US ABS, and CMBX/ABX
Perform daily and monthly position and P&L reconciliation; sign off on administrator agreement and resolve discrepancies
Handle month-end reconciliation: process factor updates, principal and interest distributions, interest shortfalls, and related items in the firm’s proprietary system; utilize Intex for remittance reports, offering documents, and investor reports
Assist the PM with month-end ABS portfolio valuation; coordinate pricing requests with counterparties and vendors; support the challenge process; prepare and submit the Portfolio Summary to the Valuation Committee
Support Marketplace and Reperforming Loan securitizations: partner with legal and investment teams on deal collapses, reporting, and follow-on security purchases
Manage full trade life cycle: instrument setup, trade booking, affirmation/confirmation, and coordination with prime broker settlements teams to resolve settlement issues
Maintain strong communication and relationships with internal teams, external administrators, counterparties, trustees, paying agents, and prime brokers
Perform other duties, as needed
Qualification
Required
General understanding of structured credit asset classes, including ABS, RMBS, CMBS, and CLOs
Bachelors degree in finance or related field
3 to 8 years of middle or back-office experience, preferably within a buy-side fund
Proven ability to operate efficiently in a fast-paced environment, manage multiple priorities, and perform under pressure
Experience with portfolio management systems (e.g., Geneva, VPM, etc.)
Strong ability to multitask and prioritize effectively
Collaborative team player with the ability to take direction
Proficient in Microsoft Excel
Familiarity with or exposure to Intex, Bloomberg, and trustee websites
Company
Nextera Search
Nextera Search is a premier recruitment firm specializing in direct hire placements within the Accounting, Finance & Financial Services sectors.
11-50 employees
Funding
Current Stage
Early StageCompany data provided by crunchbase