Asset Management, Highbridge, Middle Office Vice President

Next Frontier Capital; New York (NY); On-site; USD 150,000 - 230,000; Full time

Job summary

Highbridge Capital Management is seeking a Middle Office Vice President to oversee trade management, financing and cash settlement for a multi-strategy fund. You will partner with the investment team and coordinate with Risk, Fund Controllers and Technology to ensure accurate P&L and timely settlements.

You will lead operations for convertible arbitrage and equity derivatives, working with traders, portfolio managers, and external counterparties to manage complex corporate actions and

Qualifications

• 8+ years of Operations work experience, ideally with a multi-strategy hedge fund.
• Strong understanding of trading, capital markets and equity derivatives.
• Understanding of financing solutions for hedge funds.
• Excellent organizational abilities to manage multiple tasks.
• Commitment to precision and disciplined processes.
• Strong verbal and written communication abilities.
• Collaborates effectively in a global team environment.
• Shows energy and curiosity to drive results.

Responsibilities

• Support daily trade management and financing needs across the fund.
• Liaise with Risk, Fund Controllers and Technology for seamless operations.
• Coordinate trade settlements, confirmations and corporate actions.
• Assist in P&L recognition and data propagation across applications.
• Engage prime brokers to secure stock borrows and financing arrangements.
• Monitor cash and position reconciliations daily.
• Work with investment and operations teams on regulatory and compliance actions.

Skills

Operations experience

Strong intellectual capacity

Financing acumen

Organizational skills

Attention to detail

Communication skills

Team collaboration

Entrepreneurial mindset

Tools

FED

DTC

Omgeo

Bloomberg SEF

MarketAxess

ICE Clear

Job description

As a Middle Office Vice President within the Treasury & Middle Office team, you will be responsible for all of Highbridge's trade management and financing needs working closely with our investment team and partner with other areas, including Risk Management, Fund Controllers and Technology.

Job Responsibilities

• Play a vital role in support of the Firm’s efforts to invest in convertible arbitrage, equity derivatives, warrant and volatility arbitrage markets
• Support the daily operations of a multi-strategy fund with a focus on equity derivatives trading
• Develop a deep knowledge and understanding of the Firm’s investment process and technology platform
• Liaise with counterparties to arrange trade settlements and confirmations
• Work hand-in-hand with traders, portfolio managers and research analysts to manage the execution of complex corporate actions (refinancings, exchanges, acquisitions, etc.) among our portfolio companies, arranging third-party documentation required, communicating with our counterparties to ensure timely settlement and engage Controllers internally on P&L recognition of such events
• Serve as a liaison between our investment team and prime brokers to secure stock borrows
• Creation and maintenance of security set ups spanning all asset classes and engaging trading desk and risk management teams providing oversight to ensure data propagates downstream to all applications for reporting and investment screening
• Review and monitor daily cash and position reconciliations
• Liaise between the investment and operations teams on corporate actions to ensure effective execution and compliance
• Cash and Collateral Management including FX exposure monitoring
• Experience with settlement processes and systems such as FED, DTC, Omgeo, Bloomberg SEF, MarketAxess, and ICE Clear

Required Qualifications, Capabilities and Skills

• Experience: 8+ years of Operations work experience, ideally with a multi-strategy hedge fund
• Strong Intellectual Capacity: Comprehensive understanding of trading, capital markets and equity derivatives, with the ability to comprehend complex investment products
• Financing Acumen: Understanding of financing solutions for hedge funds
• Organizational Skills: Excellent organizational abilities to effectively manage multiple tasks
• Meticulous Attention to Detail: A commitment to precision and adherence to disciplined processes is essential
• Effective Communication Skills: Strong verbal and written communication abilities to engage effectively with internal and external stakeholders
• Collaborative and Adaptable Team Player: Excels in a dynamic, global team environment and embraces collaboration
• Entrepreneurial Mindset: Brings energy, intellectual curiosity, and a strong dedication to driving results

About Highbridge Capital Management

Highbridge Capital Management, LLC, founded in 1992, is a global alternative asset management firm. Over the years, it has developed a diversified investment platform that includes hedge funds, co-investment vehicles, and committed, closed-end vehicles designed for longer-term holding periods.

Today, Highbridge distinguishes itself as a credit, relative value and volatility-focused franchise, with the flexibility to invest opportunistically across the capital structure and liquidity spectrum. Currently managing over $5 billion in capital, the firm strives to generate attractive risk-adjusted returns for a financially sophisticated clientele, including institutional investors, public and corporate pension funds, sovereign wealth funds, endowments, foundations, and family offices. Headquartered in New York, Highbridge also operates an office in London.