Description
HPS Investment Partners, a part of BlackRock, is seeking an Analyst to join the Public Credit Middle Office, a subgroup within the broader Middle Office team that focuses on the liquid credit business within Private Financing Solutions (PFS).
The role involves ensuring accurate fund positions and cash balances, managing the lifecycle of trades and investments, and performing various operational tasks.
Responsibilities:
- Research and resolve cash and position breaks versus custodians, clients, administrators, and other systems.
- Perform cash and asset reconciliations between internal systems and custodians.
- Provide daily oversight of loan and security administration in the firm's accounting system.
- Investigate transactional or accrual discrepancies.
- Provide full trade-lifecycle operational support for various products.
- Contribute to the design and implementation of onboarding processes for new investments.
- Work closely with custodians, internal and external auditors, and other stakeholders.
- Collaborate with technology teams on automation and workflow enhancements.
- Liaise with accounting, product control, valuations, investment data, and other internal groups to resolve open queries.
- Participate in cross-functional initiatives and group-level projects.
- Manage transactional data for alternative products.
- Assist in trade execution.
- Ensure relevant controls are in place and diligently followed.
- Provide oversight of daily and ad hoc processes.
- Collaborate with external service providers and internal teams to exchange product and asset data.
- Maintain and regularly update process documentation and control frameworks.
Requirements:
- Master's degree in Finance or Accounting or relevant field.
- 2+ years of experience in middle office/operations, data management, accounting, or administration, with a focus on alternative investment funds.
- Deep understanding of alternative investment products.
- Knowledge of trading and settlement.
- Understanding of lifecycle events.
- Experience with cash and position reconciliation.
- Strong Excel and Outlook management skills.
- Problem-solving and critical thinking skills.
- Ability to resolve complex issues efficiently and independently.
- Curiosity and a strong desire to learn and build knowledge continuously.
- Ability to use advanced Excel functions and build complex formulas.
- Ability to manage a high volume of email and respond promptly.
The shift timings are 2-11 PM.
We offer a wide range of benefits, including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents, and Flexible Time Off (FTO).
Our hybrid work model requires employees to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week.