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You will be updated with latest job alerts via emailBenefit 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 youll 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 BSPs robust institutional platform.
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Firm Overview
Benefit Street Partners (BSP) is a leading credit-focused alternative asset management firm with approximately $77 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.
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 Templetons 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.
Benefit Street Partners - Alcentra is seeking an operations Supervisor to oversee and manage the day-to-day activities of our private asset valuation process. The ideal candidate will be process driven have a strong background in financial services with extensive knowledge of leveraged loans and CLO products.
The Valuation Operations Manager will be part of a global team supporting Benefit Street Partners - Alcentras monthly and quarterly valuation processes including liaising with 3rd party valuation firms investment teams finance teams and auditors working with these groups to meet desired deliverable timelines. An ability to manage multiple tasks while working under strict time deadlines is essential. This role will focus primarily on Private Debt Distressed and Special Situations investments and CLOs. The ideal candidate will have a mix of operations and finance / accounting experience in managing and strong analytical and communication skills. This individual will collaborate with colleagues across the front middle and back office and will report to a VP of Finance out of the Boston office.
Responsibilities include but are not limited to:
Facilitate monthly and quarterly Valuation Processes covering a variety of credit strategies and asset types across hundreds of borrowers/issuers
Help recruit train manage and develop a Valuation Operations team to support the firms global Valuation Processes
Manage the population of assets in scope for valuation
Communicate effectively with the global team on day-to-day workflow status open items questions personnel etc. navigating time zone differences as necessary
Design the systems and processes needed for efficient valuation workflows with an initial focus on Special Situations and Structured Credit pricing
Leverage technology automation and AI tools to streamline workflows
Support the creation of summary materials for valuation committees to review and approve significant changes/events valuation and market trends and key judgments
Prepare documentation in support of compliance with external audit requirements including SOX reporting
Work with the Global Valuation Specialist to drive enhancements and improvements to the overall valuations and reporting processes procedures use of internal resources and technology
The successful candidate will ideally possess:
4-6 years of experience within financial services preferably with credit experience
Experience with leveraged loans CLOs and leverage facilities preferred
Ability to partner and communicate effectively across an organization including with technology finance operations portfolio analytics portfolio management and deal teams
Strong Microsoft Office skills are required
Proven record of project management/oversight with strong communication skills
Team player with the ability to build strong relationships at all levels within the firm
Knowledge of capital markets/ illiquid valuations a plus
Demonstrated technical analytical and problem-solving skills including leveraging technology to streamline processes
Ability to complete multiple tasks under the pressure of tight deadlines
Comfort facilitating the valuation processes across a large quantity of diverse investments in parallel
Work Shift Timings - 2:00 PM - 11:00 PM IST
Our culture is shaped by our diverse global workforce and strongly held core values. Regardless of your interests lifestyle or background theres 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 lifes 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 or adjustment to search for or apply for one of our positions please send an email to . In your email please include the accommodation or adjustment 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.
Required Experience:
Senior IC
Full-Time