Hedge Fund Operations Associate

Overview

• Join a global hedge fund specializing in credit and equity-related strategies, contributing to innovative investment approaches and operational excellence.
• Play a critical role in supporting trading activities and ensuring accurate processing of trade data.
• Collaborate within a high-performance culture valuing accountability, excellence, and teamwork.
• Work in a hybrid environment offering flexibility and exposure to dynamic financial operations.
• Leverage your expertise in middle office operations, particularly in credit default swaps (CDS).
• Gain hands-on experience with industry-standard platforms like TradeServ and ICELink.
• Contribute to the development and enhancement of operational processes within a leading hedge fund.
• Engage with traders and portfolio managers to ensure seamless operational workflows.
• Be part of a fast-paced environment that encourages professional growth and innovation.

Key Responsibilities & Duties

• Allocate and reconcile CDS trades, ensuring accurate flow to ICE and TradeServ DTCC for confirmation.
• Reconcile daily trades, investment positions, and cash balances with external parties like banks and custodians.
• Review and process OTC confirmations using platforms such as TradeServ, ICE, CME, and MarkitWire.
• Maintain data integrity by updating security master, fee schedules, and holiday calendars.
• Assist in developing and enhancing operational processes to improve efficiency and accuracy.
• Run end-of-day PNL processes, identifying and resolving issues impacting financial outcomes.
• Troubleshoot issues with counterparties and support desks, ensuring seamless operational workflows.
• Communicate effectively with traders and portfolio managers to align operational and trading objectives.
• Own and manage operational processes independently after sufficient training.

Job Requirements

• Bachelor of Science (BS) degree required, preferably in finance or related field.
• 5-10 years of experience in operations, with 3-5 years in buy-side operations.
• Proficiency in TradeServ and ICELink platforms, with troubleshooting capabilities.
• Strong knowledge of credit default swaps (CDS) and middle office operations.
• Experience communicating with traders and portfolio managers to support operational needs.
• Knowledge of VBA and reconciliation tools considered a plus.
• Ability to manage multiple tasks effectively in a fast-paced environment.
• Strong attention to detail and analytical mindset for operational accuracy.
• Familiarity with hybrid work arrangements and flexibility in scheduling.