Director, Securities Operations - Private Assets

Position Overview

The Securities Operations team plays a critical role in the investment life cycle. The team is responsible for supporting all key asset strategies, such as fixed income, middle market bank loans, direct senior, mezzanine, and private equity, equity real estate joint ventures, commercial mortgage loans, and lifetime mortgages. The Director, Securities Operations - Private Assets will perform and manage crucial day-to-day functions of the firm's global, multi-asset class portfolio managed both internally and externally to support Portfolio Management, Investment Solutions, Trading, and Accounting. This role will be responsible for the management and oversight of the operational process related to private equity, private debt, private loans, and all other non-public investment products. The role will ensure accurate processing, settlement, and reporting of transactions, as well as maintaining appropriate deal related compliance documentation. A successful candidate will have an ability to thrive in a fast-paced work environment, maintain strong prioritization skills and a continuous improvement mindset.

Responsibilities

• Monitor and process daily activity on private assets such as trade settlement, draw downs, pay downs, interest payments, principal payments, PIK loans, skim payments, agented deal transactions, internal transfers.

• Keep accurate records of private asset holdings, perform valuation assessments, and ensure documentation is complete and compliant. Coordinate with fund managers and external partners to reconcile accounts and resolve discrepancies.

• Perform daily loan position and cash reconciliations across the private asset book.

• Review new deals on the loan management system to ensure accuracy of set up.

• Interact and build relationships externally with clients, agents, and custodian banks.

• Develop and maintain strong working relationships with Investment's front, middle, and back office as well as with RGA corporate partners (i.e, IT, Accounting, Structured Finance, etc.).

• Continually assess and improve processes to enhance efficiency, accuracy, and security in the management of private assets. Implement best practices and adopt new technologies where beneficial.

• Lead, mentor senior analysts, analysts, and associate analysts, assisting in the development of the team.

• Maintain regular and predictable attendance.

• Performs other duties as assigned.

Requirements

EDUCATION AND EXPERIENCE

Required:

• Bachelor's degree plus 7+ years investment private asset related work experience.

OR

• Master's, MBA, ASA, or FSA AND 5+ years of relevant investment related work

experience

Preferred:

• MBA or other relevant post graduate degrees or designations.

• Reinsurance or insurance industry knowledge.

• Experience using the BlackRock Aladdin trade order management system.

• Experience using ClearPar.

• Experience using an industry established loan system.

SKILLS AND ABILITIES

• Loan Markets and Credit Agreements: Applies knowledge of financial and accounting principles and terminology related to the loan market and credit agreements and utilizes relevant systems and portals to carry out operations.

• Settlements Process: Understands the process of funding and settling trades and other agreements. Ensures accuracy in documentation and works with various parties to carry out the process.

• Technology savvy, programming, and process improvement/automation skills

• Advanced investigative, analytical, and problem-solving skills

• Excellent organizational ability, being able to multi-task, effectively manage tasks and projects, adapt to new methods, and work under tight deadlines and stressful conditions

• Advanced oral and written communication skills

• Advanced Microsoft Word and Excel

• Ability to work well within a team environment and participate in department/ team projects

• Advanced ability to translate business needs and problems into viable/ accepted solutions

• Advanced skills in customer relationship management and change management

• Ability to liaise with individuals across a wide variety of operational, functions, and technical disciplines

Company Overview

Reinsurance Group of America, Incorporated (NYSE: RGA) is one of the largest global providers of life reinsurance, with offices around the world. RGA delivers expert solutions in individual life reinsurance, individual living benefits reinsurance, group reinsurance, financial solutions, facultative underwriting, and product development. Our mission is to enhance our clients' prosperity by supporting their financial and risk management capabilities.

The general pay range for this position is $123k-$140 k base per year. Base pay varies depending on job-related knowledge, skills, experience and market location. In addition, RGA provides an annual bonus plan that includes all roles and some positions are eligible for participation in our long-term equity incentive plan. RGA also maintains a full range of health, retirement and other employee benefits.

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