Assistant Manager, Hedge Fund Operations

Aster Recruiting; Hong Kong; On-site; HKD 420,000 - 660,000; Full time

Benefits offered by this job

Medical cover

Above-statutory annual leave

Job summary

A Hong Kong-based hedge fund manager is seeking a hands-on operations professional to join its growing team. You will own daily fund operations, NAV reconciliation, and interactions with custodians, administrators and brokers to keep the fund running smoothly.

The role suits someone with 2–4 years in hedge fund operations, a finance or accounting degree, strong Excel, experience with a PMS, and a working knowledge of options, fixed income, swaps and NDFs.

Qualifications

• 2–4 years in hedge fund operations or fund accounting.
• Hands-on NAV reconciliation experience and P&L review.
• Degree in accounting, finance or related field.
• Experience on a PMS, strong Excel, knowledge of options, fixed income, swaps and NDFs.
• Fluent English; Cantonese/Mandarin a bonus.
• Nice to have: Python or scripting, and compliance exposure.

Responsibilities

• Daily fund operations: trade entry, affirmation, settlement monitoring, and breaks resolution with prime brokers and administrators.
• NAV reconciliation: weekly/monthly estimates, review of NAV, P&L, and fund accounting entries.
• Monitor fund capital activity and short-position disclosures.
• Support controls around risk, finance and annual audits.
• Streamline workflows; participate in ad-hoc projects.

Skills

Fund operations experience

NAV reconciliation

Excel proficiency

PMS system experience

English fluent

Cantonese/Mandarin advantage

Python scripting (nice to have)

Education

Bachelor's in Accounting/Finance

Tools

Portfolio Management System (PMS)

Excel

Job description

An established Hong Kong fund manager is adding to its operations team. It's a lean, multicultural shop with a long track record, and the kind of place that likes to see people grow into more responsibility over time. This is a hands-on seat with broad exposure to how the funds run day to day, well suited to someone a few years into hedge fund operations who wants to build on their skill set rather than stay in a narrow lane.

What the role covers

• Daily fund operations: trade entry and affirmation through the PMS, monitoring settlement, and driving breaks to resolution with prime brokers, the administrator and system vendors.
• Reconciliations across custodians and prime brokers, corporate actions, and cash, margin and collateral movements.
• NAV reconciliation, a core part of the role: weekly and monthly NAV estimates, reviewing NAV, P&L and valuations, and checking accounting entries against the fund administrator for accuracy.
• Keeping on top of fund capital activity and short-position disclosure obligations.
• Supporting the operational controls behind risk, finance and the annual fund audit.
• Helping streamline and improve workflows, plus ad-hoc projects.

What we're after

• Roughly 2 to 4 years in hedge fund operations or fund accounting, already comfortable with the core daily workflow (this is the main requirement).
• Hands-on NAV reconciliation experience: estimates, plus valuation and P&L review against the administrator.
• A degree in accounting, finance or a related field.
• Experience on a portfolio management system, strong Excel, and a working understanding of options, fixed income, swaps and NDFs.
• Fluent English; Cantonese and/or Mandarin an advantage.
• Nice to have: Python or other scripting, and any compliance exposure.

The setup

• A hands-on operations seat in a firm that genuinely backs people to progress.
• Medical cover and above-statutory annual leave.
• Best suited to a proactive, detail-focused operator who enjoys solving problems and picking up new tools.