Oaktree Capital Management
Associate, Asset Backed Finance, Asset Management
Oaktree Capital Management, Los Angeles, California, United States, 90079
Our CompanyOaktree is a leader among global investment managers specializing in alternative investments, with $193 billion in assets under management. 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 1,200 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 .The Oaktree ABF StrategyOaktree Asset Backed Finance (“ABF”) is a recently formed strategy which invests in pools of contractual assets, or “assets”, such as loans, leases, receivables, mortgages and licensing agreements, which may or may not reference property or other hard assets. Asset categories include corporate, consumer, real estate, transportation, equipment, infrastructure, energy, intellectual property and other esoteric types. On behalf of ABF funds and clients, Oaktree:Purchases, or commits to purchase, assets, with or without leverageLends, or commits to lend, secured by assets, in a senior or mezzanine positionInsures, or provides capital relief against, assetsProvides essential capital to a business primarily engaged in the origination and servicing of assetsWhile Oaktree has significant experience successfully investing client capital in ABF opportunities as a sub-allocation to existing funds, Oaktree ABF represents Oaktree’s first client offering dedicated to ABF. Based on the expanding ABF opportunity set and client demand, Oaktree ABF is expected to grow significantly. Oaktree judges the ABF Strategy’s success and value by outcomes delivered to clients, consistent with or exceeding expectations, over the medium and long term.Overview of Role & QualificationsThe ABF Asset Management Associate will manage information, activity, and decisions subsequent to Oaktree’s commitment to an investment.The candidate will:Advise on and negotiate each party’s reporting obligations at the time of investment.Provide front office oversight of both initial and follow-on fundings of private investments.Review draw requests and borrowing base calculations provided by borrowers and agents.Review private borrower reporting for performance trends.Communicate with financing providers.Collect, organize and manage information about existing investments to support portfolio management decisions, client reporting, client diligence and portfolio construction.Manage relationships with agents, trustees, service providers and vendors.Participate in the valuation of existing investments.Work closely with the ABF investment team, legal, client service and trade operations.Perform other tasks or projects as requested.Experience required3+ years’ experience in securitized products, portfolio management, client reporting or trade operations. Professional experience working with excel. This role will focus on data management not forecasting.Working knowledge of fixed income fundamentals.Highly analytical with experience reading through financial agreements to find answers to specific questions.AttributesHighly process oriented, organizedAttention to detail, precise communicatorEnjoys collaborating with new people on one-time projectsIntellectually curious and resourcefulEducationBachelor’s Degree from a reputable universityBase Salary Range$150,000 - $160,000In 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 PolicyOaktree 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.
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www.oaktreecapital.com .The Oaktree ABF StrategyOaktree Asset Backed Finance (“ABF”) is a recently formed strategy which invests in pools of contractual assets, or “assets”, such as loans, leases, receivables, mortgages and licensing agreements, which may or may not reference property or other hard assets. Asset categories include corporate, consumer, real estate, transportation, equipment, infrastructure, energy, intellectual property and other esoteric types. On behalf of ABF funds and clients, Oaktree:Purchases, or commits to purchase, assets, with or without leverageLends, or commits to lend, secured by assets, in a senior or mezzanine positionInsures, or provides capital relief against, assetsProvides essential capital to a business primarily engaged in the origination and servicing of assetsWhile Oaktree has significant experience successfully investing client capital in ABF opportunities as a sub-allocation to existing funds, Oaktree ABF represents Oaktree’s first client offering dedicated to ABF. Based on the expanding ABF opportunity set and client demand, Oaktree ABF is expected to grow significantly. Oaktree judges the ABF Strategy’s success and value by outcomes delivered to clients, consistent with or exceeding expectations, over the medium and long term.Overview of Role & QualificationsThe ABF Asset Management Associate will manage information, activity, and decisions subsequent to Oaktree’s commitment to an investment.The candidate will:Advise on and negotiate each party’s reporting obligations at the time of investment.Provide front office oversight of both initial and follow-on fundings of private investments.Review draw requests and borrowing base calculations provided by borrowers and agents.Review private borrower reporting for performance trends.Communicate with financing providers.Collect, organize and manage information about existing investments to support portfolio management decisions, client reporting, client diligence and portfolio construction.Manage relationships with agents, trustees, service providers and vendors.Participate in the valuation of existing investments.Work closely with the ABF investment team, legal, client service and trade operations.Perform other tasks or projects as requested.Experience required3+ years’ experience in securitized products, portfolio management, client reporting or trade operations. Professional experience working with excel. This role will focus on data management not forecasting.Working knowledge of fixed income fundamentals.Highly analytical with experience reading through financial agreements to find answers to specific questions.AttributesHighly process oriented, organizedAttention to detail, precise communicatorEnjoys collaborating with new people on one-time projectsIntellectually curious and resourcefulEducationBachelor’s Degree from a reputable universityBase Salary Range$150,000 - $160,000In 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 PolicyOaktree 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.
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