Associate, Macro and Credit Middle Office

Balyasny Asset Management L.P.; Singapore; On-site; SGD 90,000 - 130,000; Full time

Job summary

Balyasny Asset Management L.P. in Singapore seeks a Macro & Credit Middle Office Associate to support portfolio managers and traders across a broad range of products. You will manage trade lifecycle, maintain relationships with brokers and counterparties, and ensure accurate confirmations and PnL investigations.

You will collaborate with technology and back-office teams to drive scalable, efficient operations across the desk and regions.

Qualifications

• Knowledge of Macro products including FX, Rates / Fixed Income, Credit, Commodities.
• Solid communication, organization, multitasking, and project management skills.

Responsibilities

• Trade Lifecycle Management across all asset classes including affirmation, matching, settlement, exercise / expiry.
• Maintain Relationships with Executing Brokers, Prime Brokers, PMs and traders, Fund Admins, and other counterparties daily.
• Affirmation/Confirmation of trades across platforms throughout the trading day.
• PnL Investigation with PnL Control to investigate outages and verify models and securities.
• Technology Enhancements: collaborate with technology, back office, and external vendors to improve efficiency and scalability.

Skills

Macro products knowledge

Communication skills

Organization & multitasking

Project management

Job description

Balyasny Asset Management (BAM) is a diversified global investment firm founded in 2001 by Dmitry Balyasny, Scott Schroeder, and Taylor O'Malley. With over $32 billion in assets under management, BAM employs more than 2,000 people across 23 offices in the U.S. and Canada, Europe, the Middle East, and Asia. The firm’s investment teams span five strategies, including Equities Long/Short, Fixed Income & Macro, Commodities, Multi-Asset Arbitrage, and Systematic. Balyasny’s mission is to deliver to its investors absolute, uncorrelated returns in all market environments.

ROLE OVERVIEW

In the role of a Macro & Credit Middle Office Associate in the Singapore office, the employee will be responsible for supporting Macro & Credit portfolio managers and traders across a wide range of products / processes.

• Trade Lifecycle Management: Our team manages the full lifecycle of every trade across all asset classes including affirmation, matching, settlement, exercise / expiry. Products include derivatives in Interest Rates, Fixed Income, FX, Equity, Commodities, and Credit.
• Maintain Relationships: Middle Office interacts with Executing Brokers, Prime Brokers, PMs and traders, Fund Admins, and other counterparties daily. It is important to build and maintain relationships with these parties.
• Affirmation/Confirmation: Work with various platforms to affirm and confirm trades through out trading day
• PnL Investigation: Work alongside PnL Control to investigate PnL outages. Verify models and securities are setup properly and matching Clearing Houses such as LCH.
• Technology Enhancements: Proactively work with, technology, back office, and external vendors to improve operational efficiency and automate where possible to minimize manual efforts and ensure scalability / stability.

QUALIFICATIONS & REQUIREMENTS

• 3-8 years of relevant work experience in an investment bank, Fund Admin, Asset Manager, or Hedge fund
• Knowledge of Macro products including FX, Rates / Fixed Income, Credit, Commodities
• Experience with local Asia markets / products such as Bond Connect, CIBM, Malaysia Dynamic Hedging, JSCC clearing, Korea Futures /Options
• Familiar full trade life cycle, including trade booking, settlements and handling of corporate actions
• Solid communication, organization, multitasking, and project management skills