Alcentra is a global asset management firm specializing in sub-investment grade debt with assets under management of approximately $33.5billion. Alcentra employs 128 people, including 65 investment professionals. The firm has an investment track record that dates back to 1998 and strategies that include: senior loans, high yield bonds, direct lending, structured credit, stressed/distressed debt and multi-strategy credit. The investor base includes pension funds, insurance companies, banks and high net worth individuals. Alcentra is owned by BNY Mellon Asset Management and headquartered in London, with offices in New York, Düsseldorf, Boston and a local presence in Singapore. Please visit our website at www.alcentra.com for more information Position Summary:
Reporting to the Head of European Loan and Structured Credit Operations, the role is within Alcentra's Global Operations team. The position will be a maternity cover contractor role that will give an ambitious individual the opportunity to work in a fast-paced environment that affords excellent opportunities to learn about asset management operations, credit markets and alternative fund structures. The role requires an organised, focused individual that welcomes the opportunity to learn and embrace new challenges.
Suitable candidates will likely be recent graduates (ideally from a business discipline) or those with a strong academic background who have recently established a career in financial services. Most ideally this will be a candidate who is actively working towards a professional qualification.
Responsibilities Include (but not limited to): This position will focus on Alcentra's European Leveraged Loan strategy, specifically:
· Daily reconciliation of cash versus custodians · Validation of cash balances used for allocation purposes. · Active management of custody cash balances to optimise cash returns/minimise costs. · Periodic position and accrual reconciliation versus custodians/administrators. · Monitoring of Investment restrictions. · Review of static data on Loan, Bond and Equity holdings. · Construction of Fund Reporting (Portfolio metrics) for onward distribution to Investors. · Shadow NAV construction, to facilitate delivery of Performance estimates. · Periodic validation of official NAV.
Qualifications This is talent pipeline posting.
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