BSP Private Debt Operations Specialist

Posted:
9/22/2024, 11:22:38 PM

Location(s):
Poznan, Greater Poland Voivodeship, Poland ⋅ Greater Poland Voivodeship, Poland

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Operations & Logistics

Benefit Street Partners (BSP) is owned by Franklin Templeton, a diversified firm that spans asset management, wealth management, and fintech, giving us many ways to help investors make progress toward their goals. With clients in over 150 countries and offices on six continents, you’ll get exposed to different cultures, people, and business development happening around the world.

Benefit Street Partners operates independently as a Specialist Investment Manager and is a leading credit-focused alternative asset management firm. Established in 2008, the BSP platform manages funds for institutions, high-net-worth and retail investors across various strategies including: private/opportunistic debt, liquid loans, high yield, special situations, long-short liquid credit and commercial real estate debt. These complementary strategies leverage the proprietary sourcing, analytical, operational and compliance capabilities that encompass BSP’s robust institutional platform.

Visit www.benefitstreetpartners.com to learn more about our company and investment strategies. 

Firm Overview

Benefit Street Partners ("BSP") is a leading credit-focused alternative asset management firm with approximately $74 billion in assets under management. Established in 2008, the BSP platform manages funds for institutions, high-net-worth and retail investors across various strategies including: private/opportunistic debt, liquid loans, high yield, special situations, long-short liquid credit and commercial real estate debt. These complementary strategies leverage the proprietary sourcing, analytical, operational and compliance capabilities that encompass BSP’s robust institutional platform. BSP’s operational headquarters are located in Boston, MA and support the investment team located in New York, NY.

BSP is a wholly owned subsidiary of Franklin Resources, Inc. that, together with its various subsidiaries, operates as Franklin Templeton. Together we are dedicated to delivering strong results and exceptional service to clients, team members and business partners. For over 65 years, Franklin Templeton’s success has been a direct result of the talent, skills, and persistence of our people, and we are looking for qualified candidates to join our team.

BSP is seeking an analytical, detail-oriented, collaborative individual to join the team as a Private Debt Operations Specialist. The individual in this position will work on a team of operations professionals and report to the BSP Vice President. BSP’s operational headquarters are based in Boston, MA and support the investment team located in New York.

What are the ongoing responsibilities of the Private Debt Operations Specialist ?

  • Cash Management; monitor daily cash levels and provide recommendations to ensure proper liquidity.

  • Manage fund sublines and SPVs: reporting, borrowing base preparation, submitting borrowings/paydowns to replenish/tighten cash levels.

  • Answer questions regarding cash and positions bookings from custodians and admins.

  • Review credit agreements to pull data for BSP internal systems and fund administrators.

  • Track and record credit activity.

  • Maintain information repository of KYC documentation.

  • Partner with various teams across BSP, including Finance, Operations, Portfolio Analytics, and the Front Office.

  • Coordinate testing of reports with Business teams.

What ideal qualifications, skills & experience would help someone to be successful?

  • 3-4 years of relevant experience.

  • Solid knowledge of equity, bonds, and bank loans preferable.

  • Bachelor’s or Master’s degree in Finance, Accounting or Economics.

  • Proficient in MS Excel.

  • Strong analytical, comprehension and problem-solving skills with a proactive approach to challenges.

  • Ability to work independently and manage own tasks with limited supervision.

  • Excellent written and oral communication skills.

Experience our welcoming culture and reach your professional and personal potential!

Our culture is shaped by our diverse global workforce and strongly held core values. Regardless of your interests, lifestyle, or background, there’s a place for you at Franklin Templeton. We provide employees with the tools, resources, and learning opportunities to help them excel in their career and personal life. 

By joining us, you will become part of a culture that focuses on employee well-being and provides multidimensional support for a positive and healthy lifestyle. We understand that benefits are at the core of employee well-being and may vary depending on individual needs. Whether you need support for maintaining your physical and mental health, saving for life’s adventures, taking care of your family members, or making a positive impact in your community, we aim to have them covered.

Learn more about the wide range of benefits we offer at Franklin Templeton

*Most benefits vary by location. Ask your recruiter about benefits in your country.

Franklin Templeton is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all applicants and existing employees, and we evaluate qualified applicants without regard to ancestry, age, color, disability, genetic information, gender, gender identity, or gender expression, marital status, medical condition, military or veteran status, national origin, race, religion, sex, sexual orientation, and any other basis protected by federal, state, or local law, ordinance, or regulation. 

Franklin Templeton is committed to fostering a diverse and inclusive environment. If you believe that you need an accommodation to search for or apply for one of our positions, please send an email to [email protected]. In your email, please include the accommodation you are requesting, the job title, and the job number you are applying for. It may take up to three business days to receive a response to your request. Please note that only accommodation requests will receive a response.