Manager, Cash Operations, Investment Operations

Our Company

Oaktree is a leader among global investment managers specializing in alternative investments, with $205 billion in assets under management as of December 31, 2024. The firm emphasizes an opportunistic, value-oriented, and risk-controlled approach to investments in credit, private equity, real assets, and listed equities. The firm has over 1200 employees and offices in 23 cities worldwide.

We are committed to cultivating an environment that is collaborative, curious, inclusive and honors diversity of thought. Providing training and career development opportunities and emphasizing strong support for our local communities through philanthropic initiatives are essential to our culture.

For additional information please visit our website at www.oaktreecapital.com

Responsibilities

The Manager position is a high-visibility, high-impact role within the Cash Operations team at Oaktree. This role will be responsible for forecasting cash balances, managing cash movements to cover funding needs such as deal funding and expenses, staging FX trades, managing the cash reconciliation process, and driving daily cash management decisions. This position will work closely with Investment teams, Deal Operations, Fund Treasury, Trade Support, Fund Accounting, Custodian Banks, and the Corporate group to ensure cash movements are executed timely and accurately. Importantly, the incumbent will participate in initiatives to develop both short-term tactical and long-term strategic solutions to improve BAU processes and identify and evaluate technology-based solutions. This role will be responsible for assisting the Vice President in driving cross-functional initiatives and working with the technology team to design, write specifications, test, build, and deliver new functionality as applicable.

Responsibilities include:

•    Forecasting available cash balances 
•    Monitoring for and preventing account overdrafts (in various currencies)  
•    Working with Investments teams to ensure cash availability for upcoming purchases, redemptions, etc. 
•    Staging FX orders to raise cash and to hedge currency risk 
•    Identifying and implementing VBA/SQL-based short-term tactical solutions
•    Establishing service level agreements (SLAs) with internal teams to ensure high success rates
•    Establishing key performance indicators (KPIs) to measure and continually improve processes 
•    Identifying, measuring, and mitigating process risk 
•    Addressing daily issues, understanding root causes, and implementing process improvements
•    Building effective working relationships with internal stakeholders
•    Participating in initiatives to establish and continuously improve automation and efficiency 
•    Writing specifications for technology enhancements
•    Writing effective procedures and training others when necessary
•    Processing cash movements through complex legal entity structures 
•    Performing various other tasks and projects as necessary

Qualifications

•    5-7 years relevant operations experience at an asset management firm, investment bank, or other related financial services company; specific expertise and knowledge of cash management and foreign exchange
•    Experience in leading technology implementation and/or projects 
•    Familiarity working with large data sets and ability to understand, synthesize and explain findings
•    Must be able to critically think and independently solve issues and participate in projects for improved efficiency and automation
•    Strong verbal and written communication skills with ability to communicate in clear and concise manner  
•    Strong quantitative and analytical skills
•    Expert in Excel formulas and logic
•    Expert in SQL and VBA
•    Understanding of complex fund and deal structures a plus
•    Strong attention to detail
•    Understanding of Custodian Bank a plus
•    Knowledge of Jira a plus 
•    Knowledge of SharePoint a plus 
•    Knowledge of PowerBI a plus 
•    Knowledge of Advent Geneva & Global World Investor a plus
•    Knowledge of Allvue Everest a plus 
•    Knowledge of Power Apps or Power Automate a plus

Personal Attributes

•    Collaborative, team-oriented individual with strong sense of integrity and professionalism
•    Must have outstanding initiative and be a self-starter
•    Demonstrate non-linear thinking and have excellent written, verbal, and interpersonal communication skills
•    Able to work under tight deadlines and high pressure
•    Ability to prioritize and manage multiple competing tasks

Education

Bachelor’s degree required.

Base Salary Range
$105,000 - $125,000

In addition to a competitive base salary, you will be eligible to rec