Senior Financial/Operations Analyst recruitment

CarVal Investors is a leading global alternative investment fund manager focused on distressed and credit-intensive assets and market inefficiencies. Since 1987, our experienced team has navigated through ever-changing credit market cycles, opportunistically investing more than $51 billion in 3,950 transactions across 62 countries. Today, CarVal Investors has over $9 billion in assets under management in both credit and real estate strategies.
 
The Corporate Securities Senior Operations Analyst is a unique opportunity to gain exposure in a diverse and dynamic investment business. The sector invests in obligations of leveraged or financially troubled corporations in the form of bankruptcy claims, bonds, bank and corporate debt, credit default swaps, debt and equity securities and asset backed securities. The Senior Operations Analyst is responsible for the closing, settlement, monitoring, and management of investments handled in London.     
 
The position will require a candidate that is able to utilize his/her experience to solve problems and make decisions independently, while communicating actively with peers and management.  Responsibilities must be performed in a fast-paced, ever-changing environment. 
 
Principal Accountabilities:

30% Deal Closings and Restructurings

• Liaise with Investment Advisors, CarVal’s Third Party Administrator, Tax, Financial Reporting, Treasury, external and internal legal counsel on the closing and structuring of new and existing investments  
• Prepare and/or review trade confirmations to ensure that trade and settlement details agree with the counterparty
• Ensure proper transfer of investment instruments to the CarVal funds through review of legal documents and coordination with counterparties and CarVal’s Third Party Administrator
• Negotiate trade documentation with counterparties, agents and Investment Advisors as appropriate including, but not limited to, confirmations, purchase and sales agreements, assignment agreements, etc.
• Communicate any transfer/settlement risks identified to appropriate internal contacts
• Ensure trade closing procedures are followed
• Coordinate and reconcile position conversions including reorganizations and restructurings
• Ensure that new positions and restructurings are recorded accurately in CarVal’s systems and accounted for properly using General Ledger reports and interacting with Financial Reporting

25% Valuation Model
 
• Coordinate and maintain Excel valuation models and databases for investments where applicable
• Analyze and discuss significant changes in the valuation with the Operations Manager and/or Investment Advisor
• Ensure attributes and statuses of investments are accurately maintained within valuation models

25% Investment Position Monitoring and Management Reporting

• Manage and enhance deal level reporting processes and content to monitor performance and risk
• Update and distribute on an ad-hoc basis position and performance reporting to Investment Advisors, Operations Management, and internal functions including, Treasury, Tax, Financial Reporting, and Legal

10% Cash Management and Deal Expenses

• Review cash distributions from investments
• Validate accuracy and compliance to deal documents and internal controls
• Investigate and resolve issues with applicable counterparties
• Ensure distributions are properly reflected and accounted for in CarVal’s system
• Provide cash inflow and outflow projections to Treasury to assist with cash management
• Review and allocate deal expenses to CarVal investments in accordance with policy

10% Compliance

• Ensure CarVal investments adhere to controls, including audits and tax returns
• Monitor positions versus limits and liaise with Investment Advisor and Operations Management to ensure the limits procedures are followed
 
Required:

Graduate, or equivalent experience
Qualified Accountant (eg: ACA, CIMA, ACCA, CPA)
Global financial services industry experience, likely to be at least 2 years OR Professional Services/consultancy experience
Advanced Excel skills including demonstrated proficiency in data modeling and analysis
Demonstrated high level verbal and written communication skills
Demonstrated ability to thrive in a dynamic work environment
Detail-oriented and ability to multi-task
Strong analytical/problem solving skills
Positive and enthusiastic attitude
Enjoys working in a team environment
Credible communicator with senior colleagues

 
Preferred:

Global financial services industry experience AND Professional Services/consultancy experience
 

Key information:
Location: London W1 (from March 2012)
Salary: Competitive + car allowance + discretionary bonus + benefits
25 days holiday