Operations Analyst, Middle Office

Overview

JOB TITLE: Operations Analyst, Middle Office

EMPLOYER: A-CAP Management LLC

DEPARTMENT: Asset Management

REPORTS TO: Head of Operations

LOCATION: Onsite in NYC

The A-CAP group consists of five life insurance/reinsurance companies/captives, an asset manager and various other non-insurance companies. The asset manager primarily invests in structured securities including CLOs, CMBS, ABS and collateralized lending, direct real estate lending, private credit, and equity for both internal and external clients. A-CAP’s management team and operational professionals have diverse experience and proven success across the insurance, reinsurance, and investment sectors with an average of 20 years of experience.

Assets under management are approximately $10 billion and growing at over $500 million annually. A-CAP’s offices are in New York, Salt Lake City, and Miami.

A-CAP Management “ACM” is the asset management arm of A-CAP. ACM formally launched in April 2014 as an SEC registered investment advisor. As of 12/31/21, ACM manages $4.9B of assets. ACM aims to provide a cost-effective way for small to mid-size insurance companies to rapidly gain exposure to less liquid and new asset classes that are generally outside the scope of traditional insurance company asset managers.

Our overriding goal is to positively impact an insurance company’s financial position and support their long-term stability and growth through:

• Maintaining credit quality and matching asset liability profiles
• Strengthening the insurance company balance sheet
• Maintaining or improving return on capital
• Supporting long term stability and growth with acute sensitivity to insurance regulatory, accounting, and capital issues
• Spreading cost-of-team across other similarly situated insurance companies

ACM is seeking a detail-oriented and self-motivated Operations Analyst to join our investment operations team. This individual will work closely with portfolio managers, traders, and internal stakeholders to support the day-to-day operational activities across a range of investment strategies. The role is focused on accurate trade processing, reconciliation, and supporting the integrity of investment data across internal systems. The ideal candidate is a proactive problem solver with strong analytical skills and the ability to thrive in a dynamic, fast-paced environment.

• Accurately capture and settle trades across asset classes in both Charles River and proprietary internal systems
• Perform daily cash and position reconciliations; investigate and resolve breaks with custodians and administrators
• Monitor investment data quality across trade, position, and accounting systems; escalate issues as needed
• Assist in interpreting credit agreements and term sheets to support operational setup and trade booking
• Collaborate with portfolio management, risk, and accounting teams to ensure timely issue resolution and data alignment
• Support new business initiatives, system enhancements, and workflow automation projects

• Strong academic performance with 3+ years of experience in fixed income operations
• Understanding of trade lifecycle and basic reconciliation processes
• Strong Excel skills; ability to handle large datasets and generate repeatable reporting outputs
• High attention to detail and strong organizational skills
• Clear verbal and written communication skills; able to work cross-functionally
• Self-starter capable of managing tasks independently in a high-pressure environment
• Team-oriented mindset and strong professional integrity

Salary Transparency New York: We know our people are our number one asset and we put a premium on hiring and retaining the best talent. For that reason, we reward our employees with a competitive compensation package. Our salary ranges are determined by role, level, and location. For individuals hired to work in New York State, A-CAP is required by law to include a reasonable estimate of the compensation range for this role.

This range is specific to the locations listed above and considers the wide range of factors considered in making compensation decisions, such as job-related skills,…