The Role
Gramercy is seeking a full-time Operations team hire with 6 to 8+ years' experience, to report to the Head of Operations. This person will routinely interact with: Trading, Accounting, Technology, Compliance, and external counterparties to execute the responsibilities listed below. Bilingual (English Spanish) a plus. This position will be located in Greenwich CT.
Key Responsibilities Include
- Private Credit responsibilities covering all aspects of the Operations function for Capital Solutions and Special Situation deals inclusive of Fund and security setup, banking account setup, disbursement settlements, and KYC for onboarding. Interaction with borrowers and investment team throughout the full life cycle of loan/deals to help close, track pro?t, manage current and future cash ?ows and funding/disbursements. Assist deal team and investor relations in tracking performance on a deal-by-deal basis including the daily monitoring of the IVP Credit Dashboard.
- Trade, position and cash break research with Prime brokers, Custodians and Administrators for Fixed Income, FX, Options, Futures, CDS and Private Credit. Trade con?rmations for multiple asset classes.
- Monitoring, recalculating and processing margin calls.
- Corporate action oversight, election processing and bookings.
- Booking investor activity in Geneva/Bloomberg AIM (subs/reds, month end and intra-month activity).
- Allocate and process Fund investment related expenses.
- Assisting with daily performance (PL) and pricing for internal and external reporting.
- Assist with system implementations for Operations and Accounting.
- Assist the Accounting team during audit and tax season.
- Participate in the annual SOC 1 Type 2 review process.
- Organizing and initiating third party payments.
- Interact with various functional groups in the ?rm including Technology, Legal and Compliance departments.
- Lead/assist with special ad-hoc projects including streamlining of Operations work?ows, vendor reviews, and systems implementations for Operations and Accounting.
- Work with various teams internally and externally to incorporate AI into the day-to-day operations of the ?rm.
Requirements Include
- Bachelor's Degree with 6 to 8 years of buy side experience in Fixed Income or Private Credit.
- Private Credit/Bank Loan Experience a plus. Understanding the life cycle of a loan, credit agreements, and SPV's.
- Detail-oriented and strong willingness to learn and work within a team.
- Ability to work in a dynamic environment with demands that are not always predictable.
- Experience with Geneva, IVP Polaris, and/or Bloomberg AIM would be a plus but not required.
- Articulate communicator in oral and written form.
- Strong desire to drive process improvement both strategically as well as implementing changes with the technology team and third-party vendors.
- Strong interpersonal skills and ability to successfully interact with a variety of individuals.
