Associate, Legal and Operations - Investment Operations - Private

Oaktree is a leader among global investment managers specializing in alternative investments, with over $200 billion in assets under management. 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 1400 employees and offices in 25 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.

The Associate will assist with private deal closing, including managing inbound KYC requests, deal-related counterparty KYC/AML, and deal-related document execution. The candidate will work closely with investment professionals, legal, compliance, accounting, operations, and tax teams.

Key responsibilities include:

• Act as a key member of a dedicated middle office team that serves as a hub for private deals and facilitates private deal closing activities
• Manage deal-related counterparty KYC/AML process, including coordinating requests with outside counsel, reviewing supplied documents, organizing the data and ensuring compliance with internal procedures
• Manage inbound KYC requests with respect to Oaktree funds and accounts
• Coordinate the execution of definitive deal documentation and appropriate file closing sets
• Provide corporate finance legal support, including working with outside counsel, in-house lawyers, senior officers and investment professionals
• Provide support on other transactional matters, including assisting with preparation of materials for quarterly meetings and other special projects
• Review private deal pipeline on a regular basis to ensure that all deals are tracked in a timely manner
• Coordinate with internal stakeholders and external counterparties to ensure accurate and efficient deal closings, asset set up, investment monitoring and reporting accuracy
• Support document management for private credit deals
• Assist in process improvements and automation as well as the development of longer-term systemic solutions
• Partner with investment professionals, outside and internal counsel, tax, accounting and compliance professionals to ensure good cross-functional communication and coordination throughout the investment process. 
• Participate in cross-departmental initiatives to design and implement firm-wide procedures
• Participate in developing and documenting operational policies, procedures and controls
• Ensure proper operational procedures and controls are followed and maintained, with appropriate escalation to stakeholders

Experience required:

• 3 years of relevant experience at a large law firm, preferably within a transactional practice in a paralegal-type role, and/or within the financial services or alternative asset management industry 
• Exposure to KYC/AML regulations, investment funds, and corporate finance work, or any combination thereof, is a plus
• Exposure to private credit investment operations, including experience reviewing private credit documents (credit agreements, amendments, etc.) for key terms and data points is a plus
• Exceptional writing, drafting and interpersonal communication skills are mandatory
• Candidate should be a self-starter with the ability to work independently with minimal supervision
• Proven capability in analyzing complex data, evaluating information and drawing logical conclusions and demonstrated ability to identify key issues
• Track record in planning and project management and in maintaining composure under pressure while meeting deadlines
• Solid analytical skills and ability to understand and resolve complex problems
• Proficient in Microsoft Office with strong working knowledge of Microsoft Excel
• Proven ability to manage tasks with competing priorities and deadlines, while independently driving projects to completion

Personal attributes:

• Outstanding organization skills with extremely high attention to detail;
• Outstanding initiative and a strong work ethic;
• Responsible with a strong sense of dedication;
• Excellent interpersonal, verbal and written communication skills;
• Works well under pressure and with time constraints; and
• Possesses strong integrity and professionalism.

Education:

• A Bachelor’s degree relevant to position

Base Salary Range

$100,000 - $130,000

In addition to a competitive base salary, you will be eligible to receive discretionary bonus incentives, a comprehensive benefits package and a flexible work arrangement.  The base salary offered will be commensurate with experience and/or qualifications, industry knowledge and expertise, as well as prior training and education.

Equal Opportunity Employment Policy

Oaktree is committed to diversity and to equal opportunity employment. Oaktree does not make employment decisions on the basis of race, creed, color, ethnicity, national origin, citizenship, religion, sex, sexual orientation, gender identity, gender expression, age, past or present physical or mental disability, HIV status, medical condition as defined by state law (genetic characteristics or cancer), pregnancy, childbirth and related medical conditions, veteran status, military service, marital status, familial status, genetic information, domestic violence victim status or any other classification protected by applicable federal, state and local laws and ordinances. This policy applies to hiring, placement, internal promotions, training, opportunities for advancement, recruitment advertising, transfers, demotions, layoffs, terminations, recruitment advertising, rates of pay and other forms of compensation and all other terms, conditions and privileges of employment. This policy applies to all Oaktree applicants, employees, clients, and contractors. Staff members wishing to report violations or suspected violations of this policy should contact the head of their department or Human Resources.

For positions based in Los Angeles

For those applying for a position in the city of Los Angeles, the firm will consider for employment qualified applicants with a criminal history in a manner consistent with applicable federal, state and local law.