Job Description

Firm Overview

Benefit Street Partners (BSP) is a leading credit-focused alternative asset management firm with approximately %2428 billion in assets under management. BSP is a wholly owned subsidiary of Franklin Resources, Inc. that, together with its various subsidiaries, operates as Franklin Templeton. 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 BSP's robust institutional platform. BSP's operational headquarters are based in Boston and support the investment team located in New York.

Position Overview

Benefit Street Partners is seeking a Vice President of Operations, whose focus will be on the design, implementation, and oversight of daily processes within Private Debt Operations. Role specific initiatives will be focused on driving optimization and scalability for the Firm as a whole, but more specifically within Operations. The ideal candidate will have a mix of operations and reporting experience, with strong project management, analytical, and communication skills. This individual will work closely with Front Office staff, Finance, Operations, and various vendors.

Responsibilities

Responsibilities include but are not limited to:

* Complete daily, monthly, and quarterly deliverables for leverage facility providers (including annual audit and compliance items), including both asset backed and subscription finance facilities
* Oversee daily treasury management across Private Credit platform - ensuring cash accounts maintain target balances and acting to achieve them (borrowings, repayments, transfers, etc.)
* Implement oversight program for direct origination book to ensure sub-agent vendor process accuracy
* Enhance and continually improve position reconciliation process across platform between admin, custodian, and internal records
* Manage relationships with custodians and various operations vendors to achieve best in class service and consistent process across funds
* Continually identify processes for improvement and lead projects from initiation through completion to allow for platform scalability



Qualifications

The successful candidate will ideally possess:

* 7-10+ years of experience within financial services, leveraged loan experience a must
* Previous experience with private credit preferred
* Experience with leverage facility reporting (asset backed, subscription finance) required
* Strong Microsoft Excel skills required; VBA a plus
* Experience with process optimization/automation preferred
* Motivated, self-starter with strong analytical skills, and an ability to grasp new concepts quickly
* Proven record of project management/oversight, with strong communication skills
* Strong attention to detail as it relates to data and process
* Team player with the ability to build strong relationships at all levels within the Firm

What makes Franklin Templeton unique?

In addition to the dynamic and professional environment at Franklin Templeton, we strive to ensure that our employees have access to a competitive and valuable set of Total Rewards--the mix of both monetary and non-monetary rewards provided to you in recognition for your time, talents, efforts, and results.

Highlights of our benefits include:

* Three weeks paid time off the first year
* Medical, dental and vision insurance
* 401(k) Retirement Plan with 75% company match on your pre-tax and/or Roth contributions, up to the IRS limits
* Employee Stock Investment Program
* Tuition Assistance Program
* Purchase of company funds with no sales charge
* Onsite fitness center and recreation center*
* Onsite cafeteria*

*Only applicable at certain locations

We believe that being a good corporate citizen is good business. To us, corporate citizenship means being accountable, serving our clients, being an employer of choice, managing our environmental impact, and supporting our communities. An emphasis on corporate citizenship is embedded in our culture and values, and is an important element of how we achieve success.

We are also committed to your learning and development with resources focused around Experience, Exposure, and Education, to help you achieve your professional development goals. Take some time to, meet some of our people, and see what it means to say, I AM Franklin Templeton.

Franklin Templeton is an Equal Opportunity Employer. We are committed to equal employment opportunity for 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. We invite you to visit us at http://www.franklintempletoncareers.com/ to learn more about our company and our career opportunities.

Franklin Templeton is committed to fostering a diverse and inclusive environment. If you believe that you need an accommodation to search for, or apply for, one of our positions please send an email to accommodations@FranklinTempleton.com. In your email, please include the accommodation you are requesting and the job title and 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 requests for accommodations will receive a response.