Assistant Vice President, Deal and Cash Operations

Our Company As a part of Brookfield’s $416B credit platform, Oaktree is a premier credit manager emphasizing an opportunistic, value-oriented, and risk-controlled approach to investing across credit, equity, and real estate.

Oaktree is 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.

Oaktree is wholly owned by Brookfield, a leading global investment firm with more than $1 trillion in assets under management. Brookfield owns and operates high-quality businesses and real assets that provide essential services and form the backbone of the global economy. It invests on behalf of institutions and individuals around the world across infrastructure, renewable power and transition, private equity, real estate, and credit.

For additional information, please visit Oaktree’s website at The Assistant Vice President on the Deal and Cash Operations team is responsible for private deal investment accounting including recording deal activity, investment lifecycle events, investment proceeds, loan activity, and dispositions into Oaktree’s accounting system. Additional responsibilities include operational activities such as facilitating deal fundings, cash positioning, and hedging. Scope and Responsibilities
• Translate deal documents into accounting records that accurately reflect deal economics and meet accounting requirements, ensuring timely and accurate entry into Oaktree’s accounting system
• Identify and record investment proceeds (e.g., principal, interest, paydowns, sales) in Oaktree’s accounting system timely and accurately
• Process deal lifecycle events from an investment accounting perspective by booking credit events, reorganizations, amendments, and exits in Oaktree’s accounting system timely and accurately
• Process and account for cash movements through complex legal entity structures, ensuring proper booking in Oaktree’s accounting system
• Work with various stakeholders to fund and close private deal transactions including cash positioning and funding deals within demanding timelines
• Coordinate with and respond to inquiries and requests from investment teams, fund accounting, auditors, custodians, fund administrators, and counter parties
• Stage FX orders to raise cash and to hedge currency risk
• Ensure cash availability for upcoming purchases, redemptions, and other transactions
• Forecast available cash balances
• Monitor for and prevent account overdrafts in various currencies
• Participate in cross-functional initiatives relating to the private deal workflow
• Manage resources, including developing new team members
• Establish SLAs with internal teams to ensure high success rates
• Establish KPIs to measure and continually improve processes
• Identify, measure, and mitigate process risk
• Address daily issues, understanding root causes, and implement process improvements
• Build effective working relationships with internal stakeholders
• Write effective procedures and train others when necessary

Experience Required
• 9–11 years of relevant experience at an asset management firm, investment bank, or other financial services company
• Investment Accounting and Operations experience with Alternative Investments including Private Credit, Real Assets, Syndicated Loans, Private Equity, and Asset-Backed Finance
• Processing transactions, credit activity, and accounting entries in Advent Geneva and Global World Investor
• Using Microsoft office suite of applications, with expertise in Excel including data analysis, pivot tables, charts, and formulas
• Utilizing…