Analyst, Enterprise Reconciliation, Investment Operations

Job Summary

Oaktree is a leader among global investment managers specializing in alternative investments, with more than billion in assets under management. The firm emphasizes an opportunistic, value-oriented, and risk-controlled approach to investments in credit, equity, and real estate. The firm has more than 1,400 employees and offices in more than 25 cities worldwide.

We are committed to cultivating an environment that is collaborative, curious, inclusive and honors diversity of thought. Providing training and career development opportunities and emphasizing strong support for our local communities through philanthropic initiatives are essential to our culture.

Responsibilities

Reconciliation Operations

• Maintain the scope of reconciliation services, including data sourcing and mapping between Oaktree systems and external parties.
• Create, maintain, and improve matching rules to optimize matching rates and reduce manual matching requirements.
• Design and optimize reconciliation break workflows, including research methods, prioritization frameworks, standardized commentary and root cause categorizations, assignment and escalation protocols, and strategies for addressing non-responsive parties.
• Conduct daily review of reconciliation breaks to identify high-risk items requiring special handling and communication to Oaktree teams for resolution and/or awareness.
• Perform detailed break research by analyzing loan notices, trading activity, corporate action documentation, security master information, fund accounting activity, and other relevant data sources to identify root causes and determine the appropriate steps for resolution.
• Address escalated items and determine if further escalation is required by other operational and fund finance teams.
• Ensure all processes, procedures, and deliverables meet documented audit requirements.

Process Improvement, Reporting Analytics

• Provide management reporting on volumes, match rates, resolution rates, and ageing, with analysis of trends and anomalies.
• Perform root cause analysis to identify process improvement opportunities and partner with internal and external teams to drive reductions in break rates and resolution times.
• Continuously analyze process quality and drive improvements leveraging AI and automation tools to optimize workflows and increase operational efficiency.
• Prepare detailed reconciliation reports for Fund Finance to support monthly and quarterly close activities.

Stakeholder External Party Engagement

• Collaborate with teams across the Oaktree enterprise to improve processes, reduce exception rates, and minimize break resolution time.
• Engage with external parties including Agent Banks, Transfer Agents, Custodians, Administrators, and Brokers to ensure they are responsive and taking the appropriate action to resolve breaks
• Identify external parties that generate high break rates and work with them to address challenge areas.

Qualifications

• 2 to 6+ years of relevant experience working in an operations capacity at an asset management company, investment bank, or other financial services company.
• 2+ years of experience in private credit investment operations and middle-office support including Bank loan syndication and corporate actions
• Strong knowledge of general finance, process documentation, and cross functional operations
• Knowledge on Geneva and reconciliation platforms such as DUCO is preferable
• Solid analytical skills and ability to understand and resolve complex problems
• Proficient in Microsoft Office with strong working knowledge of Microsoft Excel
• Proven ability to manage tasks with competing priorities and deadlines, while independently driving projects to completion

Personal Attributes

• Outstanding organization skills with extremely high attention to detail;
• Outstanding initiative and a strong work ethic;
• Responsible with a strong sense of dedication;
• Excellent interpersonal, verbal and written communication skills;
• Works well under pressure and with time constraints; and
• Possesses strong integrity and professionalism.

Education

Bachelor's degree required.

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