Operations Associate, Vista Credit Partners

Job Summary

Vista is seeking to hire an Operations Associate focused on Vista’s credit platform, Vista Credit Partners (“VCP”).  This role will report into the Director of Credit Operations.  The successful candidate will have the opportunity to join a fast-paced and growing organization, working with multiple constituencies across the firm as VCP continues to scale and increase its presence in the highly attractive enterprise software and technology market. VCP is seeking a candidate that has loan operations experience in private and syndicated credit.

 

This role will be an integral member of the VCP team and support all of VCP’s strategies including private credit, syndicated loans, agencies/participations, distressed and structured investments across multiple structures including draw down funds and SMAs, BDC and CLOs.  The Operations Associate will manage essential middle office tasks on a day-to-day basis and assist with project management on various technology initiatives.

 

Ideal candidates are analytical and process-oriented with strong organizational and communication skills and have experience managing multiple workflows.  Additionally, they take initiative, can multi-task with extreme attention to details, and exhibit an ability to think outside the box with a focus on problem solving.  It is critical that this candidate is comfortable owning certain processes and taking on increasing responsibility over time.  The candidate must have a collaborative mindset and bring a positive attitude to the organization.

Responsibilities

• Develop relationships with various internal teams to fully understand the complete lifecycle of an investment
• Review output from outsourced managed services team performing daily position, cash and reference data reconciliations; resolve any exceptions daily with third party service providers
• Book trades, corporate actions and restructurings within firm OMS, Allvue
• Responsible for creation of portfolio, asset and issuer level reference data within SecMaster
• Review and ensure accurate capture of asset level identifiers at initiation of investment (LoanX, CUSIP, ISIN, etc)
• Own internal and external settlement process alongside outsourced settlement provider through coordination with loan and transfer agents, brokers, banks and custodians
• Manage process to deliver and maintain physicals population with third party custodian
• Assist with deal execution process including preparation of internal and/or external funds flow, direction letters, payoff letters and/or any other related documentation
• Collect necessary signature pages required for deal closings in coordination with legal
• Own fund-level KYC process for new investments; coordinate KYC with third parties for investments where VCP is acting as administrative agent
• Manage and respond to corporate action and proxy voting requests
• Manage daily collateral for derivative based transactions including repo and total return swaps
• Maintain administrative details for all investment vehicles and interface with third party agents when notices are not received
• Liaise with technology team to assist with testing for ongoing technology projects
• Continuously review and escalate opportunities to automate existing manual operational processes
• Assist with year-end audit in varying capacities
• Ongoing ownership for maintaining and updating Operations Manual as processes and controls are updated and refined
• Assist with ad-hoc queries from investment team, fund management, finance compliance and investor relations

Qualifications

• Bachelor’s Degree preferred
• Must have loan operations experience
• Preferred exposure to multiple credit instruments, including loans, bonds, TRS, CDS and private placements across both the private and syndicated markets
• Strong proficiency in Microsoft Excel
• Strong oral and written communication and interpersonal skills
• Must thrive in team environments requiring deep collaboration across multiple constituencies
• 3-5 years of relevant work experience

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