About Fortress
Fortress Investment Group LLC is a leading, highly diversified global investment manager with approximately $55 billion of assets under management as of December 31, 2025. Founded in 1998, Fortress manages assets on behalf of approximately 2,000 institutional clients and private investors worldwide across a range of credit and real estate, private equity and permanent capital investment strategies. Investment performance is our cornerstone - we strive to generate strong risk adjusted returns for our investors over the long term. For additional information on Fortress, please visit www.fortress.com.
Credit Operations Analyst
About Fortress
Fortress Investment Group LLC is a leading, highly diversified global investment manager with approximately $55 billion of assets under management as of December 31, 2025. Founded in 1998, Fortress manages assets on behalf of approximately 2,000 institutional clients and private investors worldwide across a range of credit and real estate, private equity and permanent capital investment strategies. Investment performance is our cornerstone - we strive to generate strong risk adjusted returns for our investors over the long term. For additional information on Fortress, please visit www.fortress.com.
About Credit
Fortress’s Credit business was launched in 2002 by Pete Briger. Today, the Fortress Credit team consists of over 525 professionals and is focused on investing globally, primarily in undervalued assets and distressed and illiquid credit investments. We manage assets on behalf of many of the world’s most prominent and sophisticated allocators, including public and private pensions, sovereign wealth funds, large institutions and private clients.
About the Position
PRIMARY JOB FUNCTIONS
- Asset Servicing & Booking – Book and maintain investments across loan, equity, and structured products in firm systems (e.g., Wall Street Office, Geneva); maintain security master records and ensure accurate reflection of commitments, fundings, and amendment history.
- Transaction Document Review – Review credit agreements, loan documents, side letters, amendments, and settlement statements to translate economic terms (interest, fees, waterfalls, PIK/cash-pay mechanics, prepayment provisions) into accurate booking conventions.
- Cash Flow & Waterfall Processing – Process interest, principal, fees, and bespoke waterfall distributions across straightforward and complex deal structures, partnering with internal teams and external servicers as needed.
- Cash & Position Reconciliations – Perform daily cash and position reconciliations across funds, SPVs, and counterparties; investigate and resolve breaks against custodian, agent, and servicer records.
- Wire & Funding Operations – Process draw requests, fundings, paydowns, and distributions; confirm conditions precedent are met and approve wires in line with internal controls.
- Counterparty & Internal Liaison – Interact daily with custodian banks, trustees, agents, and third-party loan servicers; partner across Asset Management, Accounting, Valuation, Treasury, Legal, and Tax to support the broader Credit Funds business.
- Fund Operations Support – Track investor capital, service fund subscription lines, and allocate and pay investment-related expenses across funds and co-invest vehicles.
- Reporting & Portfolio Support – Support recurring portfolio reporting (book values, commitments, distributions, performance metrics), ad-hoc analyses, and management requests.
- Compliance Monitoring – Help monitor closed transactions for compliance with affirmative, negative, financial, and reporting covenants set out in the definitive documents.
- Cross-Desk Flexibility – Be willing and able to rotate or be deployed across asset classes and desks — including legal assets, real estate credit, direct lending, structured credit, and specialty finance — as business needs evolve.
SECONDARY JOB FUNCTIONS
- Provide backup to other Credit Funds Operations staff on wire transfers, trade settlements, and broader fund activity.
- Support deal and underwriting teams on new investment closings, including onboarding, KYC, and pre-close operational readiness.
- Assist with annual audit confirmations, valuation support, and third-party valuation report facilitation.
- Participate in process improvement, automation, and reporting projects across the Credit Funds platform.
AI & AUTOMATION RESPONSIBILITIES
- Demonstrate working proficiency with AI and generative AI tools (e.g., Microsoft Copilot) to enhance workflows, automate repetitive tasks, and improve output quality and turnaround times.
- Maintain a continuous learning mindset around evolving AI capabilities, proactively seeking opportunities to upskill and apply new tools relevant to operational responsibilities.
- Collaborate effectively in human AI environments, understanding when to delegate tasks to AI tools versus applying independent professional judgment, particularly in high stakes or client facing scenarios.
- Utilize AI powered workflow automation to streamline trade settlement, loan administration, covenant monitoring, and counterparty data management, reducing operational risk and processing time.
- Leverage AI driven anomaly detection to identify exceptions, breaks, or data quality issues in operational processes, escalating findings for timely resolution.
QUALIFICATIONS
- 2–4 years of experience at a financial services firm (commercial or investment bank, asset manager, fund administrator, or alternative credit / private credit shop).
- Bachelor's degree from an accredited university/college.
- Strong working knowledge of Microsoft Office, with advanced Excel skills (complex models, reconciliations, cash flow analyses).
- Familiarity with loan operations systems such as Wall Street Office (WSO) or Geneva is a plus.
- Ability to read and operationalize credit agreements and other transaction documents.
- Strong reconciliation discipline and attention to detail; audit-ready documentation habits.
- Comfort with ambiguity, bespoke deal structures, and problem-solving in lieu of straight-through processing.
- Dynamic, flexible mindset with a genuine willingness to work across asset classes and desks as needed.
- Strong written and verbal communication skills; ability to liaise professionally with both internal stakeholders and external counterparties.
- Team-oriented and collaborative; able to thrive in a fast-paced, dynamic environment and manage multiple deliverables simultaneously.
The base salary range for this position is expected to be between 85,000 and 100,000
The base salary range proposed for this role has been set forth to comply with local law, but salary is only one element of the total compensation for this role. The base salary range suggested above does not include compensation elements such as bonuses, overtime and deferred cash (each of which are applicable in certain roles), benefits, perquisites, and company contributions to employee 401(k) accounts. Such other pay components often result in total compensation materially exceeding base salary for a particular role. Total compensation as well as base salary for a role depend in part upon individual performance, years of service, experience, geographic considerations, the performance and the needs of particular business units, company performance, and general market conditions.
Fortress Investment Group LLC collectively with its subsidiaries and operating affiliates is an equal opportunity employer and considers all applicants for employment without regard to race, religion, creed, color, sex, age, national origin, citizenship status, disability, genetic information, protected veteran status, marital status, sexual orientation, gender identity, or any other status protected by federal, state or local law.