Description:
The Treasury team sources and negotiates bespoke financing for Illiquid Private Credit investments (aka Single Asset Financing). They are also responsible for mitigating the impact of currency and interest rate volatility on investments, overseeing all currency, interest rate hedging, and ensuring compliance with regulatory obligations. The Treasury team works closely with Investment teams, Deal Execution, Fund Accounting and Fund Finance teams to ensure liquidity management and optimization of resources.
Position Description
HPS is currently seeking to recruit an Associate level candidate to join the Treasury team in New York to support the PFS platform. The role will include operational support for credit trading activity.
Responsibilities
Specific responsibilities will include but not be limited to the following:
- Reporting to the Head of Treasury and assisting in coordination of activities across the team.
- Support portfolio liquidity reporting for Public Credit Trading Funds involving Prime Brokerage, Loan Facilities and structured financing vehicles.
- Fulfill ISDA and bespoke financing reporting requirements.
- Provide operational support for credit trading activity.
- Assist AML-KYC onboarding and required documentation of new fund launches.
- Resolve trade-related problems such as trade breaks, allocation and settlement issues.
- Liaise with various counterparties on treasury issues impacting the Fund’s investment portfolio.
- Support daily position reconciliation, trade settlement and valuation of traded hedge assets.
- Maintain data integrity of internal trade capture, risk, and performance reporting systems.
- Assist in ad-hoc projects (Treasury Management System Onboarding, Exposure Reporting, etc.)
Candidate Profile
- Bachelors degree in Finance or Business related field.
- 3+ years of work experience in credit based financial services.
- Positive attitude with a willingness to work hard and be on a steep learning curve.
- Diligence with a demonstrated problem-solving ability.
- Must be willing to work on, and learn, new software applications.
- Ability to liaise with different infrastructure Teams and Investment professionals.
- Knowledge of VPM, Microsoft PowerBi and Bloomberg preferred.
- Adhere to the highest ethical standards, personally and professionally
- MS Office Suite Proficiency (Excel/PowerPoint,etc.)
Location
Employment Type
- Full-time, Exempt
- HPS Investment Partners is an equal opportunity employer. HPS does not discriminate in employment opportunities or practices on the basis of race, national origin, color, religion, sex, age, disability, pregnancy, citizenship status, ancestry, military or veteran status, sexual orientation, gender, gender identity or expression, marital and civil partnership/union status, genetic predisposition or carrier status, or any other characteristic protected by federal, state or local law.