Equity Operations Associate

Equity Operations Associate Overview

• The Equity Operations Associate will oversee operational processes for equity and credit trading activities, ensuring accuracy and timely resolution of discrepancies.
• Collaborate with trading desks, portfolio managers, and operations teams to support trade-related matters and improve operational workflows.
• Apply knowledge of corporate actions, reconciliations, and P&L calculations to maintain accurate financial records.
• Support onboarding processes for new brokers, custodians, and counterparties, ensuring operational readiness.
• Work in a hybrid environment, combining on-site and remote work flexibility.
• Leverage advanced Excel skills and order management systems to streamline and enhance operational efficiency.
• Contribute to a dynamic team within a global multi-strategy hedge fund environment.

Equity Operations Associate Key Responsibilities & Duties

• Oversee trade capture, affirmation, and reconciliation processes for equity and credit trading activities across global markets.
• Manage corporate actions processing, ensuring accurate and timely updates in internal systems.
• Perform cash and position reconciliations, investigating and resolving discrepancies with prime brokers and custodians.
• Coordinate with trading desks and portfolio managers to address settlement fails, pricing issues, and trade discrepancies.
• Support private deal processing and DWAC/DRS transfer flows.
• Assist in maintaining and improving trade flow processes, commission schedules, and operational documentation.
• Apply basic P&L calculation knowledge to address portfolio management inquiries.
• Ensure compliance with operational standards and best practices within the investment management industry.

Equity Operations Associate Job Requirements

• Bachelor of Science (BS) degree in a relevant field is required.
• Minimum of 2 years of experience in investment management or fund operations; 4 years preferred.
• Proficiency in Excel, including pivot tables, VLOOKUP/XLOOKUP, and macros.
• Experience with order management/portfolio management systems, such as Bloomberg AIM or FLEX, is advantageous.
• Working knowledge of custodian and prime brokerage relationships is essential.
• Strong analytical skills with attention to detail and accuracy under deadlines.
• Exposure to derivatives, fixed income, or multi-asset operations is a plus.
• Excellent communication skills for cross-team and external counterparty coordination.