Logo of Huzzle

AVP, LAM Support

image

Jefferies

24d ago

  • Job
    Full-time
    Junior, Mid & Senior Level
  • Banking & Finance
  • $110K - $130K
  • New York City

AI generated summary

  • You must have 2-5 years' exp in ops role at an Asset Mgmt firm with knowledge of term loans, structured credit, cash reconciliation, distressed debt, and position recon.
  • You will be responsible for trades, reconciliation, settlements, cash monitoring, third-party oversight, and ensuring proper controls in a fast-paced financial environment.

Requirements

  • Candidate must have experience in an operations role at a prior Asset Management firm. Will also consider middle/back office at Prime Broker or Fund Admin.
  • Candidate must possess term loan knowledge and structured credit products
  • Candidate must have 2-5 years’ experience
  • Candidate must have a brief understanding of standard cash and position reconciliation process
  • Candidate must have knowledge of Distressed Debt & Term Loans

Responsibilities

  • Capture trades, reconcile blotters, and resolve exceptions across asset classes
  • Liaise with the trading desk, brokers, custodians, and middle office to facilitate settlements
  • Monitor daily cash and position reconciliations; investigate and resolve discrepancies
  • Oversee third-party middle office team and communicate with fund administration
  • Ensure proper booking, reporting, and controls from trade capture through settlement

FAQs

What are the main responsibilities of an AVP, LAM Support?

The main responsibilities include capturing trades, reconciling blotters, resolving exceptions across asset classes, liaising with various parties to facilitate settlements, monitoring daily cash and position reconciliations, overseeing third-party middle office team, and ensuring proper booking and reporting from trade capture through settlement.

What qualifications are required for this position?

Candidates must have experience in an operations role at an Asset Management firm, Prime Broker, or Fund Admin. They should possess term loan knowledge, structured credit products knowledge, 2-5 years of experience, familiarity with cash and position reconciliation processes, and knowledge of Distressed Debt & Term Loans.

What level of experience is preferred for this role?

Candidates with 2-5 years of experience in operations roles at an Asset Management firm, Prime Broker, or Fund Admin are preferred for the AVP, LAM Support position.

Jefferies, the global investment banking firm serving clients for 60 years.

Finance
Industry
1001-5000
Employees
1962
Founded Year

Mission & Purpose

Jefferies is a leading global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research and wealth and asset management services. With more than 40 offices around the world, we offer insights and expertise to investors, companies and governments.

Benefits

  • Wellness Programs

  • Health Care and Insurance Plans

  • Employee Discounts