As one of the world’s leading asset managers, Invesco is dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive investment management capabilities, we provide a wide range of investment strategies and vehicles to our clients around the world.If you're looking for challenging work, smart colleagues, and a global employer with a social conscience, come explore your potential at Invesco. Make a difference every day!Job DescriptionYour RoleThe candidate for this position will be part of the Operations group supporting the Invesco Private Credit business. The candidate will be responsible for assisting with the day-to-day support of the Bank Loan platform that conducts business across various special purpose vehicles. The individual will serve as a location leader for the New York office. In addition to being a location leader, the position will serve as a function lead primarily overseeing trade settlement amongst other operational functions.Set the example for best practice operating procedures, participants in business initiatives and respective implementation. Proactively build and develop relationships with internal collaborators, business partners and third-party providers. Recommends third party provider oversight model improvements, represents the bank loan operations team on committees, service meetings and working groups as required. Maintain and develop industry and regulatory knowledge, participate in respective coordination and testing initiatives. Demonstrates continuous improvement (CI) and risk mitigation culture.You will be responsible for:Serve as the location leader for the New York operations teamProvide leadership and direct interaction with team membersAssist in running weekly operations meetingProvide back-up capability to Operations Manager in times of absenceServe as a function lead in the trade booking, settlements, and trade issues resolutionOversee all trade settlements processes including par, distressed, Direct Lending, US/EURO, equityLiaison with Trading desk for issue resolutionLiaison with trustees and agent banks in relation issues and resolve problematic cash discrepancies from notices or terms of trades with Custodians, Trustees, Agent Banks, and/or Seller BanksResponsible for assessing issues, identification of resolutions/alternatives and providing/implementing recommendationsPerform complex restructures including multi-currency re-builds, defaults, and extensionsSupport of cash reconciliation process to ensure accuracy and completeness of available dataProvides loan status to portfolio managers, analysts and operations related to cash activitiesCoordinate trade review meetings with external counterpartiesProvide back up to other members of teamDocument process requirementsWork with team to increase automation and identify efficiencies of core processesDevelop into a process leader, functional expert, and create new initiativesThe experience you bring:6+ years of leverage loan experience (Agency or closing group) work experiencePossess a broad knowledge of bank loans, fund types, back office and OMS systems, broker and custodian operations to proactively support the continual development and operational enablement of bank loans.Familiarity with Wall Street Office Suite, Everest, S&P and Moody’s rating sitesExperience leading complex projects and initiatives.Excellent verbal and written communication as well as interpersonal and leadership skills necessary to communicate effectively with individuals at all levels.Must demonstrate the ability to handle elevated risk and time critical situations.Must demonstrate ability to establish priorities and appropriate deadlines both individually and at a team level.Strong analytical skills to interpret complex and detailed data, including policies, procedures, and regulations.Ability to lead and collaborate in a team environment and conduct themselves in a professional manner.A bachelor’s degree in accounting, business, economics, finance, math or related field and relevant business experience or a combination of education, training and industry experience that provides the required knowledge and skills.Full Time / Part TimeFull timeWorker TypeEmployeeJob Exempt (Yes / No)YesWorkplace ModelAt Invesco, our workplace model supports our culture and meets the needs of our clients while providing flexibility our employees value. As a full-time employee, compliance with the workplace policy means working with your direct manager to create a schedule where you will work in your designated office at least three days a week, with two days working outside an Invesco office.What’s in it for you?Our people are at the very core of our success. Invesco employees get more out of life through our comprehensive compensation and benefit offerings including:Flexible paid time offHybrid work schedule401(K) matching of 100% up to the first 6% with a discretionary supplemental contributionHealth & wellbeing benefitsParental Leave benefitsEmployee stock purchase planThe above information on this description has been designed to indicate the general nature and level of work performed by employees within this role. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job. The job holder may be required to perform other duties as deemed appropriate by their manager from time to time.Invesco's culture of inclusivity and its commitment to diversity in the workplace are demonstrated through our people practices. We are proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, creed, color, religion, sex, gender, gender identity, sexual orientation, marital status, national origin, citizenship status, disability, age, or veteran status. Our equal opportunity employment efforts comply with all applicable U.S. state and federal laws governing non-discrimination in employment.
