AVP, Investment Operations

Posted 3 Days Ago
Be an Early Applicant
Boston, MA
Senior level
Insurance
The Role
The AVP, Investment Operations oversees the Investment Operations teams managing asset setup, funding, and lifecycle management of securities. Responsibilities include coordinating with Portfolio Management, reviewing cash movements, managing relationships with servicers, and identifying process enhancements. The position requires supervision and mentoring of direct reports.
Summary Generated by Built In

COMPANY OVERVIEW

Global Atlantic Financial Group is a leading insurance company meeting the retirement and life insurance needs of individuals and institutions. With a strong financial foundation and risk and investment management expertise, the company delivers tailored solutions to create more secure financial futures. The company's performance has been driven by its culture and core values focused on integrity, teamwork, and the importance of building long-term client relationships. Global Atlantic is a wholly-owned subsidiary of KKR, a leading global investment firm. Through its relationship, the company leverages KKR's investment capabilities, scale and access to capital markets to enhance the value it offers clients. KKR's parent company is KKR & Co. Inc. (NYSE: KKR).

Watch the Global Atlantic & KKR Partnership Story

Greenhouse is our scheduling tool, and we communicate through their systems. At times, your email may block our communications. Please be sure to check your SPAM so that you do not miss critical information about our process, including scheduling. 

Global Atlantic is seeking an Assistant Vice President overseeing the Investment Operations teams supporting our Specialty Finance and Real Estate portfolio in our Boston, MA office. The ideal candidate will be able to multi-task under pressure with minimal supervision. Experience managing multiple direct reports across multiple workstreams is a plus.  

Responsibilities:

  • Oversee Sr. analysts and analysts responsible for asset set up for new securities and structured transactions – coordinate with Portfolio Management team to (i) understand new structures and (ii) build-out infrastructure to support new structures in Global Atlantic’s Investment Management Platform
    • Set up of SPVs to hold assets and facilitate internal securitization of asset cashflows.
    • Inclusive of settlement of loans/assets, onward participation of loans/assets across Global Atlantic Portfolios – coordination with Legal and custody banks.
  • Oversee Sr. analysts and analysts responsible for funding and settlement of all deal flow.
  • Oversee Sr. analysts and analysts responsible for ongoing asset lifecycle management (Principal and Interest Remittances, Pay-downs, Pay-offs, coupon updates, factor updates, etc.)
  • Review cash and asset movement across Global Atlantic custody and trust banks and accounts related to Investment Activity (trades, transfers, etc.)
  • Interface and manage the relationship with third party servicers (loan servicers, asset managers, Federal Home Loan Banks, Custodian Banks, etc.)   
  • Coordinate above activities with Investment Accounting, Investment Controls, Risk, Asset Allocation, Investment Origination , etc.  – inclusive of interfaces with ancillary platforms/systems
  • Identify processes enhancements and develop an implementation program.
  • Supervision, train, and mentor direct FTEs supporting the above.

Qualifications:

  • Bachelor's Degree in a related field, MBA a plus
  • Prior CLO or internal securitization experience
  • Investment Operations / Middle Office Experience
  • Trade Settlement Experience
  • Prior employee management experience
  • Entrepreneurial spirit, out of the box thinking
  • This position is not eligible for Visa Sponsorship now or in the future. 

Various jurisdictions have passed pay transparency laws that require companies provide salary ranges for any positions for which they are accepting applications. Global Atlantic has offices in Atlanta, Batesville, Bermuda, Boston, Des Moines, Hartford, Indianapolis, and New York City. The base salary range posted below is inclusive of the lowest cost of living geography to the highest in which we have a Global Atlantic office. 

Global Atlantic’s base salary range is determined through an analysis of similar positions in the external labor market. Base pay is just one component of Global Atlantic’s total compensation package for employees and at times we hire outside the boundaries of the salary range. Other rewards may include annual cash bonuses, long-term incentives (equity), generous benefits (including immediate vesting on employee contributions to a 401(k), as well as a company match on your contributions), and sales incentives.  Actual compensation for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer. Compensation for our more senior positions have a larger component of short-term cash bonus and long-term incentives. 

The base salary range for this role is:

$102,000—$180,000 USD

#LI-AM1

TOTAL REWARDS STATEMENT 

Global Atlantic’s employees thrive in a fast-paced, high-performing culture with strong benefit options and wellbeing resources that support innovation, accountability and stewardship. At Global Atlantic, being an employer of choice means we are committed to offering employees a customizable and comprehensive benefits package. Global Atlantic’s total rewards package is reflective of our corporate values, particularly diversity, excellence and innovation, with a focus on inclusion, pay equity, and flexibility. We strive to foster a culture of total well-being through community outreach and charitable giving programs. Learn more about our Charitable Giving Programs.

Our highly competitive health, retirement, life and disability plans can be tailored to best suit your needs and those of your whole family. Global Atlantic was proudly named: Best in Perks & Benefits, Best Company Work-Life Balance, Best Company Happiness and Best Company Compensation. Learn about our Benefits offerings.

Global Atlantic is committed to creating an inclusive environment where everyone can meaningfully contribute to our success. We are proud to be an equal opportunity employer, and we do not discriminate in employment on any basis that is prohibited by federal, state or local laws.  More than that, we strive to be inclusive of all backgrounds and experiences, which we feel gives us a competitive advantage in the market and within our firm. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, disability, age, or veteran status. Find out more about GA’s commitment to creating a culture of belonging: DE&I and Strategic Pillars.

Employees who require an accommodation to perform the essential functions of their job will participate in an interactive process which may include providing documentation. If you require an accommodation during the hiring process or after you are hired for any protected status under the ADA, please email [email protected].

Discover more about Global Atlantic below:

2023 Corporate Responsibility Report

Explore the GA Careers Video Channel

Follow Global Atlantic on LinkedIn

View Global Atlantic's Privacy Statement

Our employees are in the office 4 - 5 days per week in Hudson Yards, NY and 3 - 4 days per week in all other offices. If you have questions on this policy or the application process, please reach out to [email protected]

Global Atlantic reserves the right to modify the qualifications and requirements for this position to accommodate business needs and regulatory changes. Future adjustments may include obtaining specific licenses or certifications to comply with operational needs and conform to applicable industry-specific regulatory requirements, state and federal laws. 

Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
Batesville, IN
1,140 Employees
On-site Workplace
Year Founded: 2004

What We Do

Global Atlantic Financial Group, through its subsidiaries, offers a broad range of retirement, life and reinsurance products designed to help our customers address financial challenges with confidence. A variety of options help Americans customize a strategy to fulfill their protection, accumulation, income, wealth transfer and end-of-life needs. In addition, Global Atlantic offers custom solutions and responsive service for the capital, risk and legacy-business management of life and annuity insurance companies around the world.

Similar Jobs

WHOOP Logo WHOOP

Financial Analyst

Fitness • Hardware • Healthtech • Sports • Wearables
Easy Apply
Boston, MA, USA
500 Employees

SharkNinja Logo SharkNinja

Financial Analyst- NA Retail

Beauty • Robotics • Design • Appliances • Manufacturing
Easy Apply
Needham, MA, USA
3600 Employees

Snyk Logo Snyk

Senior Payroll Specialist

Artificial Intelligence • Cloud • Information Technology • Security • Software • Cybersecurity • Data Privacy
Hybrid
Boston, MA, USA
1000 Employees

Anduril Logo Anduril

Manager, Manufacturing Finance

Aerospace • Artificial Intelligence • Hardware • Robotics • Security • Software • Defense
Quincy, MA, USA
4500 Employees
114K-171K Annually

Similar Companies Hiring

Flume Health Thumbnail
Software • Insurance • Healthtech
US
22 Employees
Spark Advisors Thumbnail
Software • Sales • Other • Insurance • Healthtech
New York, NY
73 Employees
MassMutual India Thumbnail
Insurance • Information Technology • Fintech • Financial Services • Big Data
Hyderabad, Telangana

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account