Senior Manager, Deal & Cash Ops

Our Company

Oaktree is a leader among global investment managers specializing in alternative investments, with more than $220 billion in assets under management. The firm emphasizes an opportunistic, value-oriented, and risk-controlled approach to investments in credit, equity, and real estate. The firm has more than 1,400 employees and offices in more than 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 Oaktree’s website at http://www.oaktreecapital.com/

Scope and responsibilities

Foreign Exchange & Exposure Management

• Stage FX orders to raise cash and hedge currency risk, including FX spot, forwards, and options.
• Monitor open FX positions, mark-to-market (MTM) valuations, and P&L impact.
• Track exposure versus hedge coverage and identify over-hedged or under-hedged positions.
• Prepare daily, weekly, and monthly FX exposure and hedge reports.
• Identify, measure, and mitigate process risk, particularly related to FX risk.

Cash Management & Deal Funding

• Forecast available cash balances.
• Ensure cash availability for upcoming purchases, redemptions, deal funding, and other transactions.
• Monitor for and prevent account overdrafts across multiple currencies.
• Work with investment teams to ensure cash availability for upcoming investment activity.
• Facilitate deal funding and cash positioning to support private deal transactions within demanding timelines.
• Manage cash movements through complex legal entity structures.

Operations, Reporting & Process Improvement

• Address daily operational issues, understand root causes, and implement process improvements.
• Build effective working relationships with internal stakeholders including investment teams, fund accounting, auditors, custodians, fund administrators, and counterparties.
• Participate in initiatives to improve automation, efficiency, and operational controls.
• Write and maintain effective procedures and provide training when necessary.

Experience required

• 10+ years of relevant operations experience at an asset management firm, investment bank, or other financial services company.
• Strong understanding of cash management, cash projection, and multi-currency cash positioning.
• Strong understanding of FX markets, FX spot, FX forward, FX options, and FX hedging strategies, with the ability to manage multi-currency exposures.
• Expert in Excel formulas and logic
• Understanding of complex fund and deal structures a plus
• Understanding of Custodian Bank a plus
• Knowledge of SQL and VBA is a plus
• Knowledge of SharePoint, PowerBI, Power Apps, or Power Automate a plus
• Knowledge of Advent Geneva & Everest a plus

Personal attributes

• Collaborative, team-oriented individual with strong sense of integrity and professionalism
• Must have outstanding initiative and be a self-starter
• Demonstrate non-linear thinking and have excellent written, verbal, and interpersonal communication skills
• Must be able to critically think and independently solve issues and participate in projects for improved efficiency and automation
• Able to work under tight deadlines and high pressure
• Ability to prioritize and manage multiple competing tasks
• Strong verbal and written communication skills with ability to communicate in clear and concise manner 
• Strong quantitative and analytical skills
• Strong attention to detail

Education

• Bachelor’s degree is required.

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.

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.