Careers

Structured Settlement Payment Transfer Underwriter

New York, NY

Founded in 2009 and headquartered in Austin, Texas, Vida Capital Management is a multi-billion-dollar alternative asset management firm that manages both evergreen and closed-end fund structures on behalf of leading pension plans, insurance companies, endowment & foundations, family offices, and high net worth clients. Vida specializes in insurance-linked strategies with a predominant focus on both life and non-life risk and continues to build out its platform in structured credit and private lending. With capabilities in investing, originating, structuring, and servicing, Vida provides differentiated investment opportunities and capital solutions for investors globally.

Vida is searching for a Structured Settlement Payment Transfer Underwriter to join our team to help underwrite, analyze, and close structured settlement payment transfer investment opportunities. Below are a list of responsibilities and qualifications:

Responsibilities:

  • Support analyzing and executing structured settlement payment transfer investment opportunities.
  • Evaluate risk on each file in a reasonable time frame and make presentations to management as necessary.
  • Timely coordinate with counsel, as necessary, to provide additional risk assessment.
  • Manage day to day relationships with internal and external parties.
  • Preparing memorandums related to structured settlement payment transfers
  • Other ad hoc projects as required.

Education and Qualifications:

  • 3-5+ years’ experience in underwriting structured settlement payment transfers.
  • Excellent research and decision-making skills, and superior attention to detail.
  • Ability to manage multiple complex tasks and prioritize competing demands.
  • Excellent verbal and written communications skills.
  • Strong team player who operates well within an entrepreneurial environment.

For the right candidate, this position can be remote.

Salary range is $60-000 – $120,000. Salaries may vary based on factors, such as skill, experience, and qualification for the role.

Analyst, Credit Operations

Vida is currently searching for an Analyst in our Credit Operations team to help support our growing credit business. The individual will be responsible for, but not limited to, all facets of the operations process related to structured credit, asset based financing and special situations. This role will engage with investment professionals (including portfolio managers and traders), our infrastructure teams, (including accounting, finance, tax, compliance, legal) and third-party service providers in managing and controlling the daily portfolio activities for our investment products. The ideal candidate understands the securities trade life cycle, and has experience with private debt, structured credit, fixed income, and credit derivative assets.

Responsibilities

  • Support all operational functions that support portfolio management and trading across the firm’s credit businesses
  • Assist in the onboarding of operational infrastructure and processes
  • Interact and liaise with internal teams, 3rd party service providers (including portfolio & order management systems, and data & service providers), and counterparties to oversee the full life cycle of private debt, structured credit, and fixed income assets.
  • Review and support the daily, monthly and quarterly valuation and reconciliation process
  • Participate in the firm’s cash management & treasury functions, supporting liquidity and collateral management practices
  • Prepare portfolio and manager-level reports; analyze portfolio results including holdings, returns, leverage, exposures, etc.
  • Execute department procedures and controls to ensure adherence to department quality and precision standards
  • Lead or assist with projects supporting the development and integration of new business lines; assist with the creation and implementation of procedures, workflows, and controls

Qualifications

  • Bachelor’s degree required, Accounting or Finance preferred
  • 2+ years relevant operations experience in the investment management space
  • Experience with one or more of these areas: structured credit, private credit, fixed income, trade life cycle, settlement, and administration processes
  • Familiarity with the production of investor or management reporting and communications
  • Experience working with portfolio and order management systems- Enfusion experience, a plus

Salary range is $70-000 – $120,000. Salaries may vary based on factors, such as skill, experience, and qualification for the role.

Analyst, Investor Relations

New York, NY

The Investor Relations Analyst is responsible for assisting in the coordination of, and providing support for, the investor relations and communication efforts of the Firm. The ideal candidate should have a drive to learn the Firm’s various asset classes, should have strong project management and analytical skills, should be well spoken, and should exhibit an aptitude for maintaining and deepening existing investor relationships.

Responsibilities

  • Provide support to senior professionals in executing an ongoing investor relations and relationship management plan for existing and prospective Limited Partners
  • Work closely with outside third-party organizations (e.g., fund administrators, auditors, legal counsel, etc.) that support the investor relations team and assist them with their respective duties
  • Maintain internal records of investor transactions and proactively create and review reports to ensure accuracy
  • Maintain the investor relations CRM (i.e., Salesforce)
  • Draft investor communication materials, including applicable notices and/or required reporting
  • Assist with new investor onboarding, inclusive of walking clients through the documents/processes and inputting investor data into various internal systems (i.e., Salesforce, Citrix ShareFile, Intralinks, etc.)
  • Assist current investors with day-to-day tasks and inquiries (i.e., emailing account statements, providing investor account updates, updating investor contact information, etc.)
  • Respond to quarterly and ad-hoc investor information requests and coordinate with other business units (i.e., investment team, business development, finance, legal, etc.) as necessary to complete requests

 

Qualifications

  • Bachelor’s degree in Economics, Finance, Communications, or other quantitative-related fields
  • 1-3 years of experience working with a private equity firm, hedge fund, or other related industry positions preferred
  • Strong project management skills – organized and thorough with an acute attention to detail
  • Results-oriented with high prioritization skills, ability to handle multiple tasks, and deliver projects in a timely fashion
  • Highly collaborative with excellent communication (written and verbal) skills, interpersonal skills, and ability to work well in a team structure
  • Strong work ethic, self-motivated, proactive, and capable of thriving in a fast-paced environment
  • Demonstrated proficiency with Microsoft Office suite (specifically, Word, Excel, and PowerPoint)
  • Familiarity with Salesforce a plus

Salary range is $75-000 – $95,000. Salaries may vary based on factors, such as skill, experience, and qualification for the role.

Accounting Analyst

Austin, TX

This position will report to the Director of Corporate accounting. Analyst is responsible for all AP and AR functions including but not limited to creating invoices, tracking receivables, posting cash payments in the accounting system and tracking daily cash activity in the bank. The role is also responsible for all vendor management functions including, but not limited to confirming new or updated banking information, answering vendor inquiries, processing their mailed and emailed communication, and yearly 1099 filling. In addition, the role will work closely with other accounting and operations groups to investigate and reconcile cash proceeds as needed. On an ad hoc basis the analyst will be asked to prepare reconciliations, generate reporting as needed by the corporate accounting team, and support in all external audit inquiries. The position works in a noticeable role with a high degree of independence and accountability.

 

Responsibilities

· Prepare monthly journal entries in support of month end activities.

· Accounts payable and receivable processing across 15 entities.

· Edit/enter/process a high volume of vendor invoices into accounting software and allocate expenses across various intercompany related and dependent entities.

· Maintain allocation schedules with related parties.

· Reconcile and investigate any discrepancies and anomalies in related party transactions with the fund accounting team.

· Process weekly payments (checks, wires, ACH) requests and ensure timely delivery to vendors and business partners.

· Independently reconcile a high volume of monthly credit card activity.

· Process employee reimbursements.

· Receive and process income mail for the accounting department.

· Be the primary contact for all vendor inquiries for the corporate accounting department and respond in a timely manner.

· Vendor card maintenance.

· Prepare 1099 filings on an annual basis and support inquiries throughout the year regarding same.

· Assist with yearly corporate audits conducted by external auditors.

· Be apt to work in a dynamic and constantly changing company environment.

· Self-starter and strong ethical standards.

· Superior analytical abilities, quickly relate and unite information, and surmise logical outcomes.

· Exceptional attention to detail.

· Dedication to meet critical team deadlines.

· Strong computer skills, including proficiency in Microsoft Word, Excel and PowerPoint.

· Excellent communication (written and verbal), analytical and interpersonal skills.

· Collaborate to drive new initiatives introduced to the corporate accounting group.

· Continuously seek to enhance knowledge, self-improvement, and better understanding of the tools used.

· Contribute to develop a team-based culture.

 

Qualifications

· 2+ years of accounting experience.

· Bachelor’s degree in accounting or similar field required.

· Strong GAAP principles and financial reporting knowledge.

· Experience in public accounting is highly valued.

· Intacct and Expensify (or similar) experience preferred.

· Extraordinary time management skills preferred.

· Experience with intercompany relationships preferred.

Associate Asset Based Finance Lending

Founded in 2009 and headquartered in Austin, Texas, with executive offices in NYC, Vida Capital Management is a multi-billion-dollar alternative asset management firm that manages both evergreen and closed-end fund structures on behalf of leading pension plans, insurance companies, endowment & foundations, family offices, and high net worth clients. Vida specializes in insurance-linked strategies with a predominant focus on both life and non-life risk. The firm was recently acquired by private equity sponsors including Red Bird and Reverence. The private equity sponsors are supporting the development of new investment verticals including the Asset Based Finance Lending team.

The Asset Based Finance Team is Vida’s in-house team dedicated to sourcing, analyzing, and executing alternative investment opportunities. The team is focused on opportunities in specialty finance, litigation finance and multifamily real estate finance. Vida Capital has many adjacencies to insurance related investments and the Asset Based Finance team develops products that fit for insurance company balance sheets as there is both internal and external insurance company balance sheet available for investments.

Vida is searching for an associate to join their newly founded Asset Based Finance Team based in Manhattan to help grow the team’s capabilities. The team currently operates in a very flat structure and the successful candidate will be required to perform many duties and interact with all levels of the firm.

Responsibilities:

  • Support new deal origination with activities including diligence, model development and Investment Memo production for the Investment Committee.
  • Structure and provide negotiation support for term sheet development.
  • Model various type of private, bespoke credit structures.
  • Perform historical trend analysis on various collateral types.
  • Support New deal sourcing.
  • Forecast, analyze, monitor, and servicing existing investments.
  • Other ad hoc projects as required

Education and Qualifications:

  • B.A/B.S. from a recognized 4-year institution with strong academic success.
  • 4 years of experience in asset-based finance or structured credit with an asset management firm, lender, owner / operator, servicer, rating agency, investment bank or broker or other relevant enterprise.
  • Strong Excel modelling skills including collateral analysis, static pool, three statement financial model and structured credit transactions. Python and light database skills appreciated but not required.
  • Past development of Investment Memo preparation.
  • PowerPoint and Word proficiency.
  • Ability to manage multiple complex tasks and prioritize competing demands.
  • Excellent verbal and written communications skills.
  • Ability to Structure and negotiate deal term sheets.
  • Experience and competency in Reviewing credit agreements and other loan documentation.
  • Experience reviewing data rooms in support of diligence activities.
  • Creativity around developing ideas to improve the team’s existing processes.
  • Strong collegial, collaborative and flexible mindset as we are a new, growing team

Salary range is $150-000 – $250,000. Salaries may vary based on factors, such as skill, experience, and qualification for the role.

Information Technology Help Desk Support (NY)

New York, NY

Vida Capital is seeking a detail-oriented, thorough, and organized IT Support Specialist to join our growing team. In this position, you will play a key role in providing direct and remote support for all areas of IT. You will work closely with the IT Director to update systems as needed, troubleshoot problems, configure, and implement new technologies, and provide remote support for IT issues within our organization. This position is located in NYC.

Job Description

  • Provide technical and customer support services for end users including installation, configuration, troubleshooting and hardware configuration.
  • Assist in determining company needs and creating or sourcing IT solutions to meet them
  • Training staff across different departments to use new or upgraded IT solutions.
  • Identifying and troubleshooting problems with business software, hardware, and networking systems.
  • Work directly with the company’s servers and networks, performing setup, enhancement, and maintenance tasks.
  • Actively participate in IT inventory asset management.
  • Assist in evaluating our IT systems to ensure they meet the necessary compliance demands.
  • Set up new work desktop environments for new and/or existing users.
  • Identify and recommend hardware and software needed to satisfy company requirements.
  • Assist with user account creation, modification and termination across multiple applications such as Active Directory and Exchange

Experience

  • Associate’s or bachelor’s degree preferred, however, equivalent years of experience worked with emphasis in IT, network administration, systems administration or related field may substitute
  • Minimum 1 year of prior desktop support experience
  • Thorough knowledge of Windows Operating Systems
  • Thorough knowledge of Microsoft Office Suite
  • Working knowledge of Microsoft Active Directory for on-premises domains.
  • General knowledge and understanding of PC’s, networks, servers, routers, switches, storage devices and wireless access points (Technical Background highly necessary)

Knowledge, Skills, and/or Abilities:

  • Comfortable in a diverse and fast-paced professional environment with the ability to troubleshoot and resolve multiple issues.
  • Ability to diagnose and resolve basic technical issues.
  • Ability to communicate effectively, in both verbal and written forms, with all levels of company personnel.
  • Team player with strong business and reporting ethics.
  • Good attitude and a desire to help others.
  • Ability to lift and/or move up to 40 pounds.

Salary range is $60-000 – $105,000. Salaries may vary based on factors, such as skill, experience, and qualification for the role.

Vida is vertically integrated with Magna Life Settlements, one of the largest licensed life settlement providers in the industry. If you are interested in Careers at Magna Life Settlements Please Click Here.

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