Hedge Fund Operations Associate – Bank Debt/TRS

Overview

• Join a dynamic hedge fund operations team specializing in Bank Debt and Total Return Swaps.
• Collaborate with trading, accounting, technology, and risk teams to manage trade lifecycle events.
• Opportunity to work in a hybrid environment in NYC or Norwalk, CT.
• Engage in a challenging role that emphasizes operational efficiency and risk minimization.
• Contribute to the development of effective operational policies and procedures.
• Work with industry-leading tools such as Geneva, ClearPar, and WSO.
• Enhance your expertise in complex financial instruments and hedge fund operations.

Key Responsibilities & Duties

• Manage trade lifecycle events for asset classes, focusing on Total Return Swaps and Bank Loans.
• Perform swap resets, trade bookings, corporate action processing, and P&L inquiries.
• Conduct daily reconciliations for Geneva and manage Bank Debt processes.
• Handle ClearPar timelines and closing loans, maintaining events like PIKs and paydowns.
• Review daily transaction, position, and cash reconciliations for TRS and Loan products.
• Identify process gaps and collaborate to create requirements for operational improvements.
• Develop and maintain strong relationships with internal and external stakeholders.
• Perform due diligence to resolve issues promptly, avoiding financial or reputational impact.
• Stay updated on industry best practices to refine operational workflows.

Job Requirements

• Bachelor's degree in Science or related field required.
• Minimum 2 years of experience in hedge fund operations; 4 years preferred.
• Exposure to bank loans and complex financial instruments is essential.
• Proficiency in Geneva, ClearPar, and WSO is highly desirable.
• Strong analytical and problem-solving skills with attention to detail.
• Ability to prioritize daily processes and respond to ad-hoc requests efficiently.
• Excellent communication skills to liaise with stakeholders effectively.
• Knowledge of industry best practices to enhance operational policies.
• Hybrid work arrangement available in NYC or Norwalk, CT.