Operations Analyst
Saluda Grade - New York City, NY
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Firm BackgroundSaluda Grade is a New York based asset management firm that aims to produce differentiated investment returns by focusing on residential alternative credit and housing-related finance. Founded in 2019, Saluda Grade is a rapidly growing asset-backed specialist with approximately $1.5 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 alternative asset origination and capital market ecosystems.Role Description:We are seeking a qualified individual on our 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 support the day-to-day operations of Saluda Grade, including trade settlement, portfolio reconciliation,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 analysis· Reconcile daily trades, positions, and cash management with fund administrators, banks, and custodians · Operations point person with firm's various administrators to ensure proper booking, settlement, and reporting of positions/NAV· Monthly reconciliation of principal and interest received on loan/bond positions· Execute warehouse financing and securitization transactions· Assist finance team with P&L reconciliation and reporting to close the books for management company and funds· Identify workflow/system improvements to implement automation and optimize operational processes· Products: RMBS Bonds, Whole Loan Mortgages, Repos, Futures, and IR SwapsQualifications: · Bachelor's degree in business administration or a related field required· 1-5 years of mortgage operations experience at financial institution or hedge fund· Must have fixed income, real estate, consumer lending, or structured credit background· Exposure to structured products (MBS), warehouse financing, and private equity transactions · Strong analytical and problem-solving skills with the ability to process large amounts of data· Ability to meet deadlines and work efficiently under pressure· Interest in solving problems and creating solutions that automate and increase efficiency· Strong organizational skills and attention to detail a must· Proven ability to multi-task, prioritize, and work both independently and as a team player.· Self-starter that can operate independently and willingness to take ownership of processes. · SQL and Python experience a plusSalary Range: $85,000 - $125,000This position is based in NYC at Saluda Grade's midtown office.
Created: 2025-03-09