Derivatives Hedge Fund Operations

Overview

• Provide operational support for equity derivatives, including options, futures, forwards, synthetics, ETFs, and related instruments.
• Collaborate with portfolio managers, traders, and internal teams to ensure seamless operations and trade lifecycle management.
• Enhance reporting and workflows through data analysis and system optimization to improve operational efficiency.
• Support onboarding and maintenance of operational infrastructure, systems, and workflows for the organization.
• Prepare detailed reports analyzing holdings, performance, leverage, and risk exposures for portfolio management.
• Participate in cash management, collateral movements, margining, and liquidity monitoring processes.
• Contribute to documentation, testing, and continuous improvement of operational processes and systems.
• Respond to ad-hoc operational and data inquiries by producing accurate and timely analyses.

Key Responsibilities & Duties

• Manage daily operational processes supporting portfolio management and trading activities across equity derivative strategies.
• Oversee trade lifecycle processes, including trade capture, confirmation, settlement, and reconciliation for equity derivatives.
• Liaise with traders, portfolio managers, counterparties, and service providers to resolve breaks and operational issues.
• Review valuations, reconciliations, and position verification processes to ensure accuracy and compliance.
• Prepare portfolio-level reporting, including performance, leverage, and risk exposure analysis.
• Support the development and enhancement of operational tools, dashboards, and automated reports.
• Execute internal controls and departmental procedures to maintain operational standards.
• Partner with Operations and Finance teams to improve reporting, controls, and data integrity.

Job Requirements

• Bachelor’s degree in Accounting, Finance, Economics, or related field required.
• 3–6 years of middle office or operations experience within hedge funds or investment management firms.
• Hands-on experience with equity derivative settlement, valuation, and administration preferred.
• Proficiency in portfolio and order management systems; Enfusion experience is a plus.
• Strong Microsoft Excel skills, including advanced formulas, PivotTables, and data analysis.
• Familiarity with Bloomberg and financial market data platforms.
• Detail-oriented and process-driven with the ability to work in a fast-paced environment.
• Exposure to structured credit products such as CLOs, ABS, RMBS, and CMBS is a plus.