Job #1896: Operations Analyst - NY (9/17/2023)

Saluda Grade is a New York based asset management firm that spans securitized debt, loan trading, growth equity and advisory work. Founded in 2019, Saluda Grade is a rapidly growing firm with approximately $1.1 billion across managed fund vehicles and securitizations. Our team is comprised of creative and dedicated individuals who are inspired to innovate and drive change in the alternative asset origination and capital market ecosystems. Saluda Grade has issued over 22 securitizations with a notional in excess of $4.6 billion, which have spanned the following sectors: Single- & Multi-Family Residential Transition Loans, New Construction, Home Equity Debt, and Home Equity Agreements (HEA).

We are seeking a qualified individual on our Trading Operations team to work closely with both the finance and investment teams to support the firm’s loan and securities trading activities. This is a dynamic, hands-on role that will oversee the coordination of documents, settlement, reporting and oversight of the firm’s whole loan mortgage and fund operations.

Responsibilities:

• Work closely with investment team to maintain proper position management and risk
• Cash management: Book, Review, and Approve cash movements in the firm’s accounts
• Operations point person with firm’s various fund administrators to ensure proper booking, settlement, and reporting of positions/NAV
• Assist finance team with profit and loss reconciliation and reporting for both management company and funds
• Identify workflow/system improvements and work with the team to enact change
• Products: RMBS Bonds, Whole Loan Mortgages, Repos, Futures, and Swaps

• Bachelor’s Degree in Business Administration or a related field required
• 3-5 years of operations experience in the finance industry
• Strong analytical skills and the ability to process large amounts of data
• Ability to collaborate with multiple groups and teams
• Interest in solving problems and creating solutions that automate and increase efficiency
• Strong organizational skills and attention to detail
• Solid interpersonal and communication skills (verbal and written)
• Ability to meet deadlines and work efficiently under pressure
• Highly self-motivated
• Proven ability to multi-task, prioritize, and work both independently and as a team player
• High proficiency in Microsoft Office applications; additional technology and coding experience a plus