Investment Services Senior Analyst, Private Structured Investments (Remote)

At TruStage, we’re on a mission to make a brighter financial future accessible to everyone.  We put people first, and work hand in hand with employees and customers to create a diverse and inclusive environment. Passionate about building insurance, investment and technology solutions, we push the boundaries of what’s possible. We need you to help us shape what’s next. You’ll be encouraged to share your experiences, ideas and skills to help others take control of their financial future.

Join a team that has received numerous awards for being a top place to work: TruStage awards and recognition

Job Purpose:
 

This position works closely with Legal, Tax, Compliance, Investment Accounting and TruStage Capital Advisors Cash Management and Investment professionals to facilitate and coordinate closing deals. Manage the closing of transactions for assigned asset class committed to by TruStage Capital Advisors. Manage the servicing and monitoring of portfolio investments for TruStage Capital Advisors on behalf of TruStage.

Design and implement efficient and effective policies and procedures necessary for smooth transaction, closing and efficient monitoring. Support credit and/or alternatives investment teams to facilitate closing new deals and servicing existing ones. Back up and support other Investment Operations Analysts to balance out workflow and manage coverage.

Build and maintain positive internal and external customer relationships. Foster, nurture and develop external relationships with service providers, outside counsel and others. Act as primary point of contact between TruStage Capital Advisors and various outside service providers (CRM, fund accounting, State Street, external counsel, insurance company peers), coordinating and facilitating the flow of information and responsiveness.

Primary responsibility for managing and coordinating the processes involved with closing and funding investments so that TruStage Capital Advisors meets all funding deadlines. Manage the utilization of CRM and other applications that improve the efficiency of the investment and monitoring processes. Under the direction of TruStage Capital Advisors management and legal, provide advice and counsel to all internal and external parties associated with the deal processes.

Job Responsibilities:

• New Deal Management: (may include, among other things)
  • Coordinate all phases of documenting and funding deal transactions; manage communications to all relevant parties; generate and provide reporting tools.
  • Collect, review, monitor, save and distribute due diligence materials; assign analyst(s)
  • Maintain and review deal files. Ensure completeness of files from inception to closing.
  • Maintain pipeline database system as it relates to the deal flow and the portfolio.
  • Oversee the ticketing and funding processes as appropriate (whether generating tickets to effect deal closings, reviewing tickets for accuracy, confirming wires sent/received, ensure supporting documentation for transaction set up).
  • Positively represent the company in relationships with all parties affiliated with the deal process.

• Existing Deal Management: (may include, among other things)
  • Collect, review, save and monitor various reports, communications, financial statements and compliance certificates or oversee third party providers of such.
  • Track, monitor and take primary responsibility for responding to general questions from outside relationships.
  • Coordinate early loan payoff requests, including preparing prepayment premium calculations, and loan releases.
  • Manage the closing process for trading of securities/assets, including coordinating the transfer of original securities.
  • Report and track complex structured deals; manage and track documentation pursuant to record retention practices.
  • Maintain files for completeness and timeliness of data; assist Operations with audit requests.
  • Identify investments with developing concerns for monitoring more closely; manage amendment/waiver, credit review and OTTI processes.

• Compliance/Legal Management (may include, among other things)
  • Maintain restricted lists in accordance with TruStage Capital Advisors practices.
  • Manage legal and compliance documentation related to amendments, waivers, and workouts; serve as liaison to investment counsels.
  • Ensure appropriate resource coverage.
  • Manage, respond to and complete data requests from internal (e.g., internal audit and investment accounting) and external (e.g., KYC, counsel, auditors) sources

• Position Specific:  Credit/Alternatives Team
  • Research deal/fund/data requests from Operations, legal or other areas.
  • Maintain process manual; schedule team meetings; maintain website access, subscription services, etc.

• Position Specific:  Investment Administration – Private Structured Investments
  • Work closely with legal, tax, compliance, investment accounting, cash management, and investment professionals to facilitate and coordinate private placement and private structured transactions with limited supervision
  • Manage the closing of transactions, servicing and monitoring of portfolio investments.

The above statement of duties is not intended to be all inclusive and other duties will be assigned from time to time.

Job Requirements:

• Bachelor’s degree, paralegal certification, or Certified Mortgage Servicer certification from the Mortgage Banking Association strongly preferred, or 7+ years of equivalent and relevant work experience.
• Experience with insurance and regulatory matters preferred.
• Advanced project management, leadership, organizational and planning skills.
• Demonstrated negotiating and time management skills.
• Strong attention to detail.
• Problem solving skills, including effective problem analysis, root cause identification and creative solution development.
• Strong written and verbal communications.
• Ability to work collaboratively with internal and external parties; demonstrate professionalism and consultative demeanor. 
• Maintain notary public in good standing and licensing as required.
• Ability to travel 5% or less.

• Position Specific:  Investment Administration – Private Structured Investments

• Advanced degree or professional certification (e.g., CFA, CAIA) preferred.
• 7+ years of experience including 4+ years in investment operations, with a focus on private placements and structured assets.
• Proficiency in investment management software and tools (e.g. Bloomberg, PAM, Office Suite).
• Experience in Power BI or similar tools is a plus.

#LI-LT

If you’re ready to help make a difference, apply today.  A resume is required to apply. TruStage may process applicant information using an Artificial Intelligence (AI) tool.  This tool automatically generates a screening score based on how well applicant information matches the requirements and qualifications for the position. TruStage recruiters use the screening score as a guide to further evaluate candidates; the score is one component of an application review and does not automatically determine whether a candidate moves forward.  Candidates may choose to opt out of this process.

Compensation may vary based on the job level, your geographic work location, position incentive plan and exemption status.

Base Salary Range:

At TruStage, we believe a sound, inclusive benefits program is of vital importance, along with a flexible workplace that allows for work-life balance, career growth and retirement assistance. In addition to your base pay, your position may be eligible for an annual incentive (bonus) plan.  Additional benefits available to eligible employees include medical, dental, vision, employee assistance program, life insurance, disability plans, parental leave, paid time off, 401k, and tuition reimbursement, just to name a few. Beyond pay and benefits, we also recognize that flexibility, including working in a place you prefer, is essential to caring for our employees.  We will continue to strive to offer flexibility and invest in technology and other tools that will make hybrid working normal rather than an exception, so that when “life happens,” you can focus on what’s most important.

Accommodation request

TruStage is a place where everyone can bring their best self and thrive. If you need application or interview process accommodations, please contact the accessibility department.