The Manager position for Bank Debt Servicing is responsible for timely and accurate processing of all post-settlement bank debt activity and ensuring all loan attributes are accurately reflected in Oaktree systems. This includes working with Agent Banks, Custodians, and Third-Party Administrators to resolve any cash or position differences.
Scope And Responsibilities
- Monitor bank loan events and ensure activity is processed accurately and timely across multiple accounts, funds, and special purpose vehicles
- Monitor data feeds and resolve exceptions to ensure activity is reflected accurately by end of day.
- Process drawdown requests, including validating amounts across lenders, obtaining approvals, and coordinating payment.
- Work with the Bank Debt settlement team to ensure events taking place between trade and settlement are accounted for and properly attributed to the settlement of trades.
- Work with the Corporate Actions team to ensure events are captured and processed timely and accurately.
- Work with Agents, Custodians, and other parties to effectively research and resolve reported cash, position, and loan attribute differences.
Experience Required
- 8+ years relevant operations experience; specific expertise and knowledge of syndicated and private loans.
- Interacting with front office personnel, accounting teams, agents, and custodian banks.
- Using industry utilities and software platforms such as Wall Street Office, ClearPar, and SS&C Loans
- Comprehensive knowledge of agent notices including activity types and formats.
- Knowledge and understanding of Advent’s Geneva Accounting system
Personal Attributes
- Excellent interpersonal, verbal and written communication skills.
- Strong initiative and a self-starter with a proven ability to work under minimal supervision.
- Strong quantitative and analytical skills.
- Ability to multi-task and work well under pressure.
- Collaborative, team-oriented individual with strong sense of integrity and professionalism
Education
A Bachelor’s degree is required.
Oaktree Capital Management, L.P. is an equal opportunity employer
Equal Opportunity Employment Policy
Oaktree is committed to diversity and to equal opportunity employment. Oaktree does not make employment decisions on the basis of race, creed, color, ethnicity, national origin, citizenship, religion, sex, sexual orientation, gender identity, gender expression, age, past or present physical or mental disability, HIV status, medical condition as defined by state law (genetic characteristics or cancer), pregnancy, childbirth and related medical conditions, veteran status, military service, marital status, familial status, genetic information, domestic violence victim status or any other classification protected by applicable federal, state and local laws and ordinances. This policy applies to hiring, placement, internal promotions, training, opportunities for advancement, recruitment advertising, transfers, demotions, layoffs, terminations, recruitment advertising, rates of pay and other forms of compensation and all other terms, conditions and privileges of employment. This policy applies to all Oaktree applicants, employees, clients, and contractors. Staff members wishing to report violations or suspected violations of this policy should contact the head of their department or Human Resources.
For positions based in Los Angeles
For those applying for a position in the city of Los Angeles, the firm will consider for employment qualified applicants with a criminal history in a manner consistent with applicable federal, state and local law.
