Logo
Oaktree Capital Management, L.P.

Vice President, Trade Operations

Oaktree Capital Management, L.P., Los Angeles, California, United States, 90079


Our Company

Oaktree is a leader among global investment managers specializing in alternative investments, with $193 billion in assets under management as of June, 2024. The firm emphasizes an opportunistic, value-oriented, and risk-controlled approach to investments in credit, private equity, real assets, and listed equities. The firm has over 1200 employees and offices in 22 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.

For additional information please visit our website at

www.oaktreecapital.com

Position Overview

The Vice President position in Trade Operations will play a key role in establishing best in class oversight of critical operations processes around Trade Processing, Collateral Management and Regulatory Reporting. The candidate will lead various initiatives to increase straight through processing capabilities, streamline and centralize workflow, and implement technology-based solutions. The candidate will be expected to play a hands-on role and be active in both macro and micro aspects of the role from strategic planning and project management to ensuring BAU activities are properly performed and controlled.

Scope and Responsibilities

Trade Processing

Allocating trades across multiple accounts, funds, and special purpose vehicles based on allocation guidelines and compliance limits

Driving initiatives to establish and continuously improve straight through processing rates

Facilitating collaborative discussions with Traders, Portfolio Managers, and other stakeholders to move trade processing related items forward

Aiding in private and complex deal settlement and maintenance including but not limited to working with transfer agents, validating lifecycle events, and instructing manual directives

Assisting in repo/reverse repo booking and settlement as well as with strategic initiatives (i.e. FICC clearing)

Leading cleared derivative account onboarding and establish ability to use multiple FCMs

Managing relationship with FCM providers

Standardizing derivative adherences process for new fund launches

Working with technology team to design, develop and test new functionality

Writing effective procedures and training others when necessary

Collateral

Driving initiatives to automate and centralize collateral management functions and establish key performance metrics and reporting

Managing OTC Bilateral, Cleared, Prime Brokerage, and Repo Margin movements across all Oaktree funds

Develop collateral monitoring process around complex bespoke deals

Establishing segregated Initial Margin Tri-party accounts

Responding to client inquiries and diligence questionnaires related to collateral and regulatory reporting requests

Regulatory Reporting

Ensuring Oaktree is monitoring and meeting existing regulatory requirements related to transaction reporting, counterparty exposure, and trade reconciliation

Establish capabilities to self-report transactions to the Global Trade Repository or evaluate industry vendors to fulfill reporting obligations

Partnering with Compliance and other stakeholders on regulatory initiatives and staying up-to-date on upcoming regulatory obligations and their expected impact

Experience Required

10+ years relevant operations experience, specific expertise and knowledge of all financial instruments with specific focus on all variations of Cleared and OTC derivatives (Credit/Rate/Equity), collateral management, and regulatory reporting

Firm understanding of the various drivers of margin

Experience with the following regulatory topics: Dodd-Frank, EMIR/ASIC/MAS reporting/Form PF/UMR

Experience working with industry utilities, agreements such as ISDAs, CSAs, GTR, S&P Global, TriOptima, Acadia, Prime Brokerage agreements, Tri-Party agreements, etc.

Experience working with industry utilities, vendors, and communication protocols such as CTM, CLS, OASYS, ALERT, SWIFT, FIX, VCON, Market Axess, Tradeweb, FXAll, etc.

Deep understanding of Databases and Data structure

Experience with programming languages and tools such as SQL, Python, VBA, Power BI a plus

Strong quantitative and analytical skills

Personal Attributes

Excellent interpersonal, verbal and written communication skills

Strong initiative and a self-starter with a proven ability to work with minimal supervision

Ability to multi-task and work well under pressure

Proven record of leading strategic change and moving the business forward through operational initiatives

Flexible and team-oriented with strong integrity and professionalism.

Education

A Bachelor’s degree is required.MBA or CFA is preferred.

Base Salary Range

$165,000 - $225,000

In addition to a competitive base salary, you will be eligible to receive discretionary bonus incentives, a comprehensive benefits package and a flexible work arrangement. The base salary offered will be commensurate with experience and/or qualifications, industry knowledge and expertise, as well as prior training and education.

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.

#J-18808-Ljbffr