Asset Based Finance Operations Associate

Responsibilities

• Support build out of the operational support model for structured ABF investing activities, including private funds and separately managed accounts of insurance company clients.
• Interface directly with insurance company clients around pipeline management, asset setup, cash management, and other ad hoc inquiries.
• Design and document client onboarding processes.
• Trade capture across liquid and private assets in a standardized manner.
• Perform standard and ad hoc cash management and forecasting.
• Drive trade settlement.
• Manage client bank account and custodial integrations.
• Coordinate with counterparties and external partners.
• Serve as primary point of contact for our ABF investing and business teams.
• Partner with investing professionals, outside and internal counsel, tax, compliance, and other Sixth Street Core professionals ensuring good cross-functional communication and coordination throughout the investing process.
• Ensure appropriate liquidity is available for new investments.
• Ensure investment cash and settlement controls and protocols are adhered to.
• Perform the timely and accurate setup of new investments to the order management, accounting, and reporting systems.
• Identify and help creatively solve for critical accounting, reporting, compliance, and operational issues.
• Create securities and other instruments in the firm’s order management system and book trades.
• Partner closely with Engineering to design and build scalable operational capabilities to support the firm’s ABF investing strategies.

Qualifications

• Minimum of 8-10 years of experience in operations, treasury, and/or middle and/or back-office operations at a buy-side organization that invests in highly structured transactions – securitizations, asset-based financings, structured loans, etc. (those seen at a private equity or private credit alternative asset management firm or investment bank).
• Deep knowledge of insurance and/or asset/liability management operations, including building policies and procedures, identifying and implementing process improvements, and overseeing trade workflow controls & compliance.
• Highly motivated, entrepreneurial, and team-oriented candidates.
• Strong communication, presentation, and Excel skills.
• Commercial and results oriented, but uncompromising on tight controls and processes.
• High trust and integrity.
• Strategic and entrepreneurial mindset.
• Strong combination of organizational and interpersonal/communication skills.
• Self-motivated and willing to work in a team environment with professionals across multiple offices and disciplines.
• Strong industry network.
• Attention to detail focus required to meet multiple demands and deliverables.

Preferred Qualifications

• Experience with Advent Geneva, Allvue/Black Mountain, and accounting sub-ledger vendors (ie., Clearwater, Aladdin, etc.) is a plus.
• Strong understanding and application of internal controls and industry practices.
• Detail-oriented, responsible, and proactive.
• Ability to multi-task and maintain composure in a high-volume environment.
• Strong sense of urgency; ability to execute quickly and efficiently with strong attention to detail.
• Structured problem solver who is able to synthesize sophisticated information from a variety of sources into implementable recommendations and solutions.
• Comfort working in a high growth, iterative environment.

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