Job Description

Crescent Capital Group LP is an alternative asset manager with approximately $42 billion of assets under management and approximately 200+ employees as of June 30, 2024. We are headquartered in Los Angeles with offices in New York, Boston, Chicago, and London. Job Summary: Associate-level position responsible for performing various trade and closing related tasks for our High Yield products while working with the trading desk and counterparties throughout the trade life cycle. Essential Functions: Primary Responsibilities include, but are not limited to: Complete daily position, trade, and cash reconciliations. Present data to trading desks and work closely with portfolio administration, back office groups, trustees/custodians, agent banks, and trade counterparties Manage, communicate and present corporate actions and amendments to relevant parties while managing a log sheet with past actions Responsible for T+1 trade tie outs.. This includes fund sub allocations, management of affiliate letters, and review of trade confirms, and transfer documents Escalate trade-related issues appropriately and in a timely manner to traders Responsible for data management in Everest and other downstream systems, which may include facility and trade capture for private portfolios Maintain new account checklists, KYC process and fund on-boarding with trading counterparties Complete liquidity and BDC checklists Complete or assist in the completion of monthly, quarterly, ad-hoc reports for institutional clients Work on ad-hoc projects/presentations as determined by senior investment professionals Understanding industry initiatives including implementation (i.e. documentation, industry standards, etc.) Suggest and develop new processes to mitigate risk and increase controls Qualifications and Requirements Bachelor degree in finance, accounting, economics or similar concentration is required Proficiency and accuracy in use of Microsoft Excel, Word, Outlook and Bloomberg Ability to create formulas and use other features in Excel (e.g., pivot tables) to analyze and interpret data 1-2 years of work experience in the middle office with trade settlement, or similar work in financial services Knowledge of credit and transfer documents a plus Responsive, friendly, professional and proactive communication approach High level of initiative and self-motivation; results-oriented Deadline-driven and highly organized with exceptional attention to detail Ability to quickly learn new concepts and excel in a fast-paced, dynamic team environment As an equal opportunity employer, Crescent Capital Group is fully focused on equality and committed to fostering a culture where individuals are respected and supported in a highly collaborative environment. Crescent recruits, employs, trains, compensates, and promotes regardless of race, religion, color, national origin, gender identity or expression, sexual orientation, disability status, age, veteran status, citizenship or immigration status, and other protected status as required by applicable local, state, and federal laws. We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws, including the City and County of Los Angeles' Fair Chance Ordinances. Crescent embraces each employee as a unique individual with different experiences, perspectives, and opinions that collectively contribute to the success of our firm. Crescent offers a comprehensive benefits package to assist with our employees' needs and life choices, including maternity/parental leave, fertility benefits, and benefits coverage for domestic partners. Though Crescent consistently receives high marks on our engagement surveys, we continue to work to promote diversity, multiculturalism, and inclusion across our firm and the initiatives we support. Crescent Capital Group LP

Job Tags

Similar Jobs