Mid-Office Associate

Mid-Office Associate Overview

• The Mid-Office Associate role focuses on supporting operational processes for a multi-strategy hedge fund manager.
• Collaborate with the COO and CFO to enhance operational workflows and align with business strategies.
• Monitor trading policies, position limits, and operational controls across diverse asset classes.
• Engage with Principals, Traders, and Strategists to ensure portfolio communication and issue resolution.
• Prepare detailed reports for investment and operations teams, ensuring accuracy and timeliness.
• Assist in automating trade flow processes and reconciling trades against broker recap files.
• Contribute to project work, including spreadsheet development and process improvement initiatives.
• Work in a hybrid environment, combining office and remote work flexibility.

Mid-Office Associate Key Responsibilities & Duties

• Book third-party trade executions across equities, derivatives, FX, and commodities.
• Monitor daily risk reporting, OTC confirmations, and option position exercises.
• Prepare nightly and weekly reports for operational and investment teams.
• Collaborate on interdepartmental projects requiring operational input and involvement.
• Automate reconciliation processes and manage trade flow improvements.
• Address ad hoc issues related to trade capture and risk management.
• Support accounting, operations, and compliance teams with specialized projects.
• Communicate effectively with internal teams to address portfolio-related matters.

Mid-Office Associate Job Requirements

• Bachelor of Science degree with a focus on finance, accounting, or related fields.
• 2-7 years of accounting or operations experience in hedge funds, banks, or administrators.
• Proficiency in MS Excel, including macros, pivot tables, and advanced functions.
• Experience with shadow general ledger systems, preferably Geneva.
• Strong analytical and problem-solving skills with attention to detail.
• Highly organized, self-motivated, and team-oriented work ethic.
• Effective written, oral, and presentation communication skills.
• Ability to handle multiple tasks concurrently and adapt to dynamic environments.