Job Title:
AVP Deal Administrator

Company: CIFC Asset Management

Location: new york city, NY

Created: 2024-04-20

Job Type: Full Time

Job Description:

CIFC OVERVIEWFounded in 2005, CIFC is a private debt manager specializing in U.S. corporate and structured credit strategies. Headquartered in New York and serving institutional investors globally, CIFC Asset Management LLC ("CIFC") is an SEC registered investment manager and one of the largest managers of senior secured corporate credit in the United States. For more information, please visit CIFC's website at OVERVIEWThe Portfolio Operations Deal Admin. AVP will report to the team lead for Deal Admin and will work closely across the Middle Office teams to ensure portfolio data attributes are accurately reflected in Wall Street Office and Security Master database. This is critical to the data integrity for all CLO and risk reporting across the CIFC platform.SPECIFIC RESPONSIBILITIES INCLUDE: Daily operational support for bank loans including:Processing loan activity (principal, interest, fees)Interest accrual reconciliation with agent banksVerification of loan contract positions with agent banksCash break reconciliation Work closely with credit team to ensure timely processing of deal restructurings amendmentsAbility to work across teams to resolve issues when neededTrade Verification in electronic settlement platform (ClearPar)Review of daily operational control reports for assigned deal coverageMaintain update all portfolio attributes across assigned deal coverageAbility to interpret and process complex loan restructures corporate actions amendmentsREQUIREMENTS Excellent communications skillsWorking knowledge of bank loan operationsKnowledge of Wall Street Office Administrator is strongly preferredStrong Excel and technology skillsStrong problem solving skills**Total Compensation: $200,000**