Vice President, Enterprise Reconciliation

Responsibilities

• Oaktree enterprise and external parties such as Agent Banks, Custodians, and Administrators to enhance processes to reduce exception rates and minimize break resolution time.
• Key responsibilities include:
• Team Leadership & Management
• Lead and develop a team responsible for delivering reconciliation services effectively, efficiently, and consistently across a broad range of funds, accounts, and asset types.
• Review day-to-day activities to ensure the team is operating in accordance with SOPs - Manage the team's capacity and productivity to ensure reconciliation data is delivered consistently and SLA's are met.
• Reconciliation Operations & Oversight
• Maintain the scope of reconciliation services, including data sourcing and mapping between Oaktree systems and external parties.
• Create, maintain, and improve matching rules to optimize matching rates and reduce manual matching requirements.
• Design and optimize reconciliation break workflows, including research methods, prioritization frameworks, standardized commentary and root cause categorizations, assignment and escalation protocols, and strategies for addressing non responsive parties.
• Conduct daily review of reconciliation breaks to identify high-risk items requiring special handling and communication to
• Oaktree teams for resolution and/or awareness.
• Perform detailed break research by analyzing loan notices, trading activity, corporate action documentation, security master information, fund accounting activity, and other relevant data sources to identify root causes and determine the appropriate steps for resolution.
• Address escalated items and determine if further escalation is required by other operational and fund finance teams.
• Ensure all processes, procedures, and deliverables meet documented audit requirements.
• Process Improvement, Reporting & Analytics
• Provide management reporting on volumes, match rates, resolution rates, and ageing, with analysis of trends and anomalies.
• Perform root cause analysis to identify process improvement opportunities and partner with internal and external teams to drive reductions in break rates and resolution times.
• Continuously analyze process quality and drive improvements leveraging AI and automation tools to optimize workflows and increase operational efficiency.
• Prepare detailed reconciliation reports for Fund Finance to support monthly and quarterly close activities.
• Stakeholder & External Party Engagement
• Collaborate with teams across the Oaktree enterprise to improve processes, reduce exception rates, and minimize break resolution time.
• Engage with external parties including Agent Banks, Transfer Agents, Custodians, Administrators, and Brokers to ensure they are responsive and taking the appropriate action to resolve breaks
• Identify external parties that generate high break rates and work with them to address challenge areas.

Requirements

• 15+ years of relevant experience working in an operations capacity at an asset management company, investment bank, or other financial services company.
• 5+ years of experience in private credit investment operations and middle-office support including Bank loan syndication and corporate actions
• Strong knowledge of general finance, process documentation, and cross functional operations
• Knowledge on Geneva and reconciliation platforms such as DUCO is preferable
• Solid analytical skills and ability to understand and resolve complex problems
• Proficient in Microsoft Office with strong working knowledge of Microsoft Excel
• Proven ability to manage tasks with competing priorities and deadlines, while independently driving projects to completion
• Education
• Bachelor's degree required.
• Equal Opportunity Employment Policy
• Oaktree is committed to diversity and equal opportunity for employment. Oaktree does not make employment decisions on the basis of race, creed, color, ethnicity, national origin, citizenship, religion, sex, sexual orientation, gender identi

Benefits

Additional Information

Our Company Oaktree is a leader among global investment managers specializing in alternative investments, with $ 223 billion in assets under management as of December 31, 2025. The firm emphasizes an opportunistic, value- oriented, and risk-controlled approach to investments in credit, private equity, real estate, and listed equities. The firm has over 1,450 employees and offices in 23 cities worldwide. For additional information please visit our website at www.oaktreecapital.com .

Your Match

How well this role fits your profile.

Company Intel

What employees say

Worked at Oaktree? Share your experience