An exceptional opportunity is available for a Vice President of Operations specializing in settlements at a leading Alternative Asset Fund, boasting over $190 billion in assets under management (AUM).
This role could be yours if you possess over six years of experience in Private Placement Settlements and have extensive experience working with custodians.
Responsibilities:
- Oversee the prompt and precise processing of financial transactions, such as DTC, private placements, and cash settlements.
- Monitor daily settlement activities to ensure compliance with deadlines.
- Address and escalate settlement discrepancies as needed.
- Collect, verify, and distribute information regarding corporate actions.
- Develop and refine procedures to boost efficiency and minimize operational risks.
- Collaborate closely with internal stakeholders, including the portfolio management team, front office, finance, and legal departments, to enhance settlement processes.
- Engage with custodians/brokers to resolve discrepancies as required.
- Lead or contribute to projects designed to improve settlement systems and workflows.
- Experience with CTM and Alert is a plus.
- Attention to detail is a must have.
A bachelor's degree in finance, accounting, business administration, or a related field is required, along with at least six years of experience in a financial firm.
This is a great firm who understands work life balance and has a hybrid work schedule of 4 days in the office.