Petra Funds Group

Credit Operations VP (Liquid Credit)

New York · Vp

Sponsorship not specified$146k-$219kDetected 13 days ago

RESTAccountingCommunicationProblem SolvingOrganizational Skills

About the role

Petra Funds Group is a single source provider for the fund administration and fund infrastructure needs of Private Equity and Debt Funds.
Petra is made up of highly experienced professionals across the US and Europe.
In a business where accuracy and timeliness are paramount, having a deep bench who have spent years working inside of asset managers is what truly differentiates us.

Manage daily trade settlements and proactively resolve settlement exceptions with brokers, custodians, administrators, and counterparties.
Partner closely with Portfolio Managers, Traders, Fund Accounting, Treasury, Compliance, and external service providers to ensure operational efficiency.
Support operational processes related to:
Maintain strong operational controls and ensure adherence to internal policies and industry best practices.
Hybrid work environment t hat offers flexibility and supports work-life balance.
Fortune Best Medium Workplaces™ and Best Financial Services & Insurance Workplaces™, highlighting our commitment to building an environment where people thrive.

Bachelor's degree in finance, Accounting, Economics, Business, or a related field.
7+ years of investment operations experience supporting liquid credit or alternative investment strategies.
Experience using settlement platforms such as ClearPar and/or CTM.
Experience working with an Order Management System (OMS), including:
Excellent communication and organizational skills with the ability to work cross-functionally across investment, finance, and operations teams.
Monitor trade activity across multiple portfolios while maintaining a high degree of accuracy in a fast-paced, high-volume environment.
Reconciling investment activity to the OMS
Running operational and reconciliation reports
Providing data extracts from external systems to feed the OMS
Strong experience supporting investment operations for:
Broadly Syndicated Loans
Demonstrated ability to manage competing priorities in a high-volume, fast-paced environment while ensuring timely settlement of investment transactions.
Strong analytical, reconciliation, and problem-solving skills.

The compensation range for this position is $146,000 - $219,000 per year.
This range represents the base salary only.
Actual pay will depend on factors such as qualifications, experience, and skills.
401(k) employer match at 100% of your contributions up to 5% of compensation, with immediate vesting, so you start building long-term savings right away.

At Petra Funds Group, we are committed to transparency and equity in our hiring practices.
That's why we offer a comprehensive benefits package that reflects our commitment to your well-being.
Our perks include:
90% covered medical, dental, and vision insurance premiums to help you stay healthy without financial strain.
Fully funded Health Savings Account (HSA) employer contributions up to the IRS maximum - available to employees enrolled in our high-deductible health plan. *
Flexible paid time off to recharge, travel, or take care of what matters most.
Generous holiday calendar to ensure you have time to rest, reflect, and celebrate throughout the year.

At Petra, we enable fund managers to focus on the tasks that add the most value to their businesses and leave the rest to us.
Our foundation is built on trust, experience, and uncompromising accuracy.
Our people are experts.
We work collaboratively.
We are relentless in our process and put attention to detail first.
Petra Funds Group is seeking a Vice President, Liquid Credit Operations to lead and execute critical operational processes supporting a sophisticated liquid credit investment platform.
This individual will play a key role in ensuring the accurate and timely settlement of investment transactions while partnering closely with external counterparties.
The ideal candidate is a detail-oriented operations professional with deep experience supporting liquid credit strategies, including broadly syndicated loans, CLOs, and RMBS.
They thrive in fast-paced environments where competing priorities, multiple stakeholders, and strict settlement timelines are the norm.

This listing is sourced directly from Petra Funds Group's careers page and normalized into a canonical job model.