Analyst, Operations

Company Information Waterfall Asset Management, LLC is an SEC-registered alternative investment manager focused on specialty finance opportunities within asset-backed credit, whole loans, real assets, and private equity.

Waterfall was founded in 2005 by Tom Capasse and Jack Ross, two individuals who were early leaders of the ABS industry, and who together have over 60 years of proven ABS / Loan credit analysis, trading, banking, and servicing experience.

Waterfall seeks to provide its client a compelling risk / return profile which is generally uncorrelated to most traditional investment opportunities.

Waterfall is headquartered in New York, with additional offices in London, and Dublin.

As of June 1, 2025, Waterfall approximately $13.1 billion in assets under management.

Job Description We are seeking an analyst within trade operations.

Ideal candidate would have practical knowledge of derivatives :

• interest rate, credit default, and / or total return swaps.
• The role will also support fixed income, FX, and repurchase agreement transactions.
• Waterfall offers a unique opportunity for the candidate to be exposed to different instruments, and all facets of each product.
• Lifecycle Responsibilities include internal reconciliations, broker affirmations, settlements, margin, audit, external post-trade reconciliations with counterparties and fund administrators.
• Waterfall fosters ambition.
• As such, the candidate should possess attention to detail and problem-solving ability.
• The candidate will be encouraged to challenge current workflows, will be exposed to impactful projects and work with different teams such as technology, fund accounting, trade management, portfolio services, risk, and trading.

Specific job responsibilities include :