Hedge Fund Operations Analyst

ZipRecruiter; London; Hybrid; GBP 65,000 - 80,000; Full time

Job summary

Join a dynamic and growing hedge fund in London as a Hedge Fund Operations Analyst. This role offers a unique opportunity to work directly with PMs and Traders, providing essential front-to-back trade support. With a strong focus on career progression, you will have the chance to specialize within Trading Operations and explore front office opportunities. The firm values continuous improvement and leverages cutting-edge technologies to enhance efficiency. If you have 4 to 7 years of trading operations experience and are looking for a rewarding career path, this is the perfect opportunity for you.

Benefits

Discretionary Company Bonus

Attractive Compensation Package

Career Progression Opportunities

Qualifications

• 4 to 7 years of experience in Trading Operations from a Tier 1 Investment Bank or Hedge Fund.
• Strong communication skills to manage complex queries and provide resolutions.

Responsibilities

• Manage front to back trade capture, affirmations, and lifecycle events.
• Support PMs and Trading desk in resolving trade discrepancies.

Skills

Trading Operations Experience

Excel VBA

Python Programming

Communication Skills

Trade Lifecycle Management

Education

STEM Degree (1st or 2.1)

Tools

Markitwire

ICE-Link

CTM

Omego Alert

MTM

Traiana

Trioptima

TradeServe

Job description

Job Description

• Job Title -Hedge Fund Operations Analyst
• Permanent Vacancy
• London (West End)
• Working Model - 4:1 Working Model -(4 days in the office and 1 WFH)
• UK Right to Work – ***please note no PSV / Student Visas or time limited visas are being considered by our client for this bespoke hire. This is a permanent role, and “No” Client Sponsorship is on offer, so any time limited visas will not be considered.
• Salary - £65,000 to £80,000 Base Salary + Benefits + Bonus (*Discretionary company bonus)

A growing multi strategy hedge fund based in London, West End, and with global offices in US and Asia is looking to hire a Hedge Fund Operations Analyst to join the London Trading Operations team.

The fund has significant AuM deployed across several funds, specialising in Fixed Income, FX, Rates, Credit, Equities and Futures and Options. This is an excellent opportunity to work directly with PMs and Traders, based on the same trading floor, to service trading flow, resolve challenging trading queries, face off to external counterparties and manage trade life cycle events (including coupon payments, rate re-sets, options, expires, credit events et al), and provide the business with trade and ops risk management services.

The business offers anyone joining the hedge fund, with a great culture, and career progression with a pathway to specialize within Trading Operations, with an Analyst to progress to an Associate or promoting from within to move into the business itself and other alpha generating front office opportunities.

Key Deliverables - This opportunity will be varied, broad and not limited in nature, effectively providing front to back trade support for the cross assets traded by the hedge fund in London.

• Responsible for front to back trade capture, trade affirmations, matching/allocations, trade enrichment (covering settlements, reconciliations) and managing trade life cycle events.
• Working with a wide range of internal and external clients, supporting the PMs and Trading desk, facing off to counterparties / brokers to resolve trade discrepancies, breaks and offer trade and query resolution in a timely manner.
• Trade Life Cycle Management – managing options, expires, rate re-sets, credit events and corporate actions.
• The business is forward thinking and has a culture of continuous improvement and leveraging the latest technologies to drive efficiencies across its new fund launches, controls, process and systems.
• Experience and prior knowledge of trade management systems is highly desirable and advantageous with specific reference to Markitwire, ICE-Link, CTM, Omego Alert, MTM, and Osttra trade management systems (Traiana, Trioptima, TradeServe et al).
• Value add IT skills in Excel VBA (ability to create, edit VBA macros) and leverage any object oriented programming skills in Python.

The current business has an existing Trading Operations team in London, and service other global offices and looking for someone with 4 to 7 years trading operations experience looking to transition into a growing hedge fund in London. Please note this is a junior hire and the client is not considering senior profiles, given the level of hire for the team.

Prerequisite Requirements-

• 4 to 7 Years experience within Trading Operations derived from a Tier 1 Investment Bank, Hedge Fund (Alternative, Multi Strat, Macro), Asset / Investment Manager.
• Direct experience across a wide portfolio of trade products, including Fixed Income, Interest Rates, Credit, Equities, FX Futures and Options.
• STEM based University Degree, with 1st or 2.1 minimum grade degree.
• IT Skills - Excel VBA (ability to create, edit VBA macros) and leverage any object oriented programming skills in Python.
• Strong communication skills with the ability to partner with trading desks, manage complex queries and provide clear resolution.

Please do apply early to join a fast growing hedge fund in London, with an exciting career path and opportunities to move into the business.

• Attractive compensation package is on offer with benefits and company bonus scheme.

Salary - £65,000 to £80,000 Base Salary + Benefits + Bonus (*Discretionary company bonus)

Working Model - 4:1 Working Model -(4 days in the office and 1 WFH)

We ask candidates to respect and adhere to UK Right to Work requirements.

UK Right to Work – please note no PSV / Student Visas or time limited visas are being considered by our client. This is a permanent role, and no client sponsorship is offer.