Collaborate with diverse teams to gain comprehensive operational experience. Enhance skills in trade lifecycle management and reconciliation processes. Contribute to a dynamic firm with growth opportunities.
Junior Hedge Fund Operations
in Financial Services PermanentJob Detail
Job Description
Junior Hedge Fund Operations Overview
- The Junior Hedge Fund Operations role offers hands-on exposure across the full trade and fund lifecycle.
- Collaborate with diverse teams, including Finance, Compliance, Legal, and Technology, for comprehensive operational support.
- Gain experience in managing processes across equities, fixed income, derivatives, loans, and alternative investments.
- Engage directly with administrators, prime brokers, and other counterparties to ensure seamless operations.
- Contribute to process improvement initiatives, leveraging technology and AI tools for efficiency.
- Develop a broad understanding of trade booking, lifecycle events, reconciliation, and compliance protocols.
- Participate in a dynamic, growing firm with opportunities for professional development and advancement.
- Work in a hybrid environment, combining remote flexibility with on-site collaboration.
Junior Hedge Fund Operations Key Responsibilities & Duties
- Manage daily trade booking and instrument setup, resolving trade breaks across multiple accounts.
- Support lifecycle event processing for various financial instruments, including equities and derivatives.
- Process wire requests and document signature requests accurately under tight deadlines.
- Reconcile daily cash and positions with fund administrators and service providers.
- Manage account openings, system setups, and connectivity with administrators and third parties.
- Handle KYC requests and audit inquiries, ensuring compliance with internal controls.
- Contribute to month-end close processes, reconciliations, and reporting activities.
- Identify opportunities to automate manual processes and collaborate with Technology teams for implementation.
Junior Hedge Fund Operations Job Requirements
- Bachelor's degree in finance, accounting, economics, or a quantitative field.
- Minimum of 2 years of experience in operations, fund administration, or accounting.
- Proficiency in Excel and working knowledge of Bloomberg.
- Familiarity with equities, fixed income, derivatives, and alternative investments.
- Strong attention to detail and ability to perform under deadline pressure.
- Experience with hedge funds, asset management, or fund administration is preferred.
- Exposure to AI tools for analysis and reconciliation tasks is advantageous.
- Ownership mindset with problem-solving skills and minimal supervision required.
- ShareAustin:
