Associate, Derivative Operations New York, NY, USA

Obra Capital, Inc.; New York, Northern (NY, KY); Hybrid; USD 100.000 - 130.000; Vollzeit

Benefits dieser Stelle

Medical, dental, vision insurance

401(k) with company match

FSA/HSA options

Life and disability insurance

Commuter benefits

Daily lunch stipend

Zusammenfassung

Obra Capital, Inc. seeks an Associate in Derivatives Operations to join its New York office. The role supports the firm’s credit platform and expansion into equity derivatives, including options and futures.

You will work in the middle office with PMs, traders, and finance teams to ensure accurate trade lifecycle and reporting. The position requires 3–6 years in middle office/operations, strong Excel, and experience with equity derivative settlement and valuation.

Qualifikationen

• Bachelor’s degree required; Accounting, Finance, Economics, or related field preferred.
• 3-6 years of relevant middle office or operations experience within an asset manager/hedge fund.
• Hands-on equity derivative settlement, valuation, and administration experience preferred.
• Exposure to structured credit products (e.g., CLOs, ABS) is a plus.
• Experience with portfolio and order management systems; Enfusion is a plus.
• Strong Excel skills with PivotTables and data analysis; Bloomberg familiarity.
• Detail-oriented, process-driven, able to work in a fast-paced environment.

Aufgaben

• Support daily operational processes enabling portfolio management and trading activities across equity derivative strategies.
• Oversee full trade lifecycle: trade capture, confirmation, settlement, and reconciliation.
• Liaise with traders, PMs, counterparties, fund administrators, and service providers to resolve breaks.
• Review valuations, reconciliations, and position verification on a daily, monthly, and quarterly basis.
• Participate in cash management, collateral movements, margining, and liquidity monitoring.
• Execute procedures and internal controls to ensure accuracy and timeliness.
• Prepare portfolio-, strategy-, and manager-level reporting on holdings, leverage, and risk.
• Support onboarding and maintenance of operational infrastructure and workflows.
• Collaborate with Operations and Finance to improve reporting and data integrity.
• Assist in developing tools, spreadsheets, dashboards, and automated reports.
• Respond to ad-hoc inquiries with accurate analyses; contribute to process improvements.
• Contribute to documentation, testing, and continuous improvements of systems.

Kenntnisse

Equity derivatives

Middle office operations

Data analysis

Excel advanced

Bloomberg

Trading systems

Attention to detail

Stakeholder collaboration

Ausbildung

Bachelor’s degree in Finance/Economics or related field

Tools

Enfusion

Bloomberg Terminal

Portfolio/Order management systems

Jobbeschreibung

Obra Capital is seeking anAssociate, Derivatives Operationsto join its New York office. Reporting to the Head of Operations, this role will support the firm’s growing credit platform and continued expansion into equity derivative securities. The Associate will be responsible for end-to-end middle office operational support across equity derivatives, including options, futures, forwards, synthetics, ETFs, and related instruments.

This position sits within themiddle officeand works closely with portfolio managers, traders, and internal infrastructure teams (Accounting, Finance, Tax, Compliance, and Legal), as well as external service providers and counterparties. The role requires a strong understanding of the trade lifecycle, operational controls, and valuation processes, with the ability to enhance reporting and operational workflows through data analysis and system optimization.

Key Responsibilities

• Support daily operational processes enabling portfolio management and trading activities across equity derivative strategies
• Oversee the full trade lifecycle, including trade capture, confirmation, settlement, and reconciliation for equity derivatives
• Liaise with traders, portfolio managers, counterparties, fund administrators, and third-party service providers to resolve breaks and operational issues
• Review daily, monthly, and quarterly valuations, reconciliations, and position verification processes
• Participate in cash management, collateral movements, margining, and liquidity monitoring
• Execute departmental procedures and internal controls to ensure accuracy, timeliness, and adherence to operational standards
• Prepare portfolio-, strategy-, and manager-level reporting, including analysis of holdings, performance, leverage, and risk exposures
• Support onboarding, enhancement, and ongoing maintenance of operational infrastructure, systems, and workflows
• Partner with Operations and Finance to improve reporting, controls, and data integrity across positions, P&L, and exposure reporting
• Assist in the development and enhancement of operational tools, spreadsheets, dashboards, and automated reports
• Respond to ad-hoc operational and data inquiries by producing accurate and timely analyses
• Contribute to documentation, testing, and continuous improvement of operational processes and systems

Qualifications

• Bachelor’s degree required; Accounting, Finance, Economics, or related field preferred
• 3-6 years of relevant middle office or operations experience within an alternative asset manager, hedge fund, or investment management firm
• Hands-on experience supporting equity derivative settlement, valuation, and administration strongly preferred
• Exposure to structured credit products (e.g., CLOs, ABS, RMBS, CMBS) is a plus
• Experience working with portfolio and order management systems; Enfusion experience a plus
• Strong proficiency in Microsoft Excel, including advanced formulas, PivotTables, and data analysis
• Familiarity with Bloomberg and financial market data platforms
• Detail-oriented, process-driven, and comfortable operating in a fast-paced, trading-oriented environment

In accordance with New York State pay transparency laws, the expected base salary range for this position is $100,000–$130,000, commensurate with experience. Total compensation may include a discretionary bonus based on individual and firm performance.

Obra Capital offers a comprehensive benefits package, including medical, dental, and vision coverage; a 401(k) plan with company match; FSA and HSA options; life and disability insurance; commuter benefits; and a daily lunch stipend.

Compensation:

The expected base salary range for this role is outlined below. In addition to the base salary, total compensation may include a discretionary bonus based on performance. This range given is a best faith estimate which reflects a variety of factors, including years of relevant experience, education, location and other qualifications pertinent to the position. Base salary does not include any other performance based compensation such as year end cash bonus.

The firm also offers robust Benefits offerings which include Comprehensive Medical/Rx, Dental and Vision plans; 401(k) program with company match; Flexible Savings Accounts (FSA); Healthcare Savings Accounts (HSA) with company contribution; Basic and Voluntary Life Insurance; Long-Term Disability (LTD) and Short-Term Disability (STD) insurance; and Commuter Benefits plan for parking and transit. In addition all employees of Obra are provided with a daily lunch stipend.

Salary Range

$100,000 - $130,000 USD

Voluntary Self-Identification

For government reporting purposes, we ask candidates to respond to the below self-identification survey.Completion of the form is entirely voluntary. Whatever your decision, it will not be considered in the hiringprocess or thereafter. Any information that you do provide will be recorded and maintained in aconfidential file.

As set forth in Obra Capital, Inc's Equal Employment Opportunity policy,we do not discriminate on the basis of any protected group status under any applicable law.

If you believe you belong to any of the categories of protected veterans listed below, please indicate by making the appropriate selection.As a government contractor subject to the Vietnam Era Veterans Readjustment Assistance Act (VEVRAA), we request this information in order to measurethe effectiveness of the outreach and positive recruitment efforts we undertake pursuant to VEVRAA. Classification of protected categoriesis as follows:

A "disabled veteran" is one of the following: a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or a person who was discharged or released from active duty because of a service-connected disability.

A "recently separated veteran" means any veteran during the three-year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval, or air service.

An "active duty wartime or campaign badge veteran" means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war, or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.

An "Armed forces service medal veteran" means a veteran who, while serving on active duty in the U.S. military, ground, naval or air service, participated in a United States military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985.

Voluntary Self-Identification of Disability

Disabilities include, but are not limited to:

• Alcohol or other substance use disorder (not currently using drugs illegally)
• Autoimmune disorder, for example, lupus, fibromyalgia, rheumatoid arthritis, HIV/AIDS
• Blind or low vision
• Cancer (past or present)
• Cardiovascular or heart disease
• Celiac disease
• Cerebral palsy
• Deaf or serious difficulty hearing
• Diabetes
• Disfigurement, for example, disfigurement caused by burns, wounds, accidents, or congenital disorders
• Epilepsy or other seizure disorder
• Gastrointestinal disorders, for example, Crohn's Disease, irritable bowel syndrome
• Intellectual or developmental disability
• Mental health conditions, for example, depression, bipolar disorder, anxiety disorder, schizophrenia, PTSD
• Missing limbs or partially missing limbs
• Mobility impairment, benefiting from the use of a wheelchair, scooter, walker, leg brace(s) and/or other supports
• Nervous system condition, for example, migraine headaches, Parkinson's disease, multiple sclerosis (MS)
• Neurodivergence, for example, attention-deficit/hyperactivity disorder (ADHD), autism spectrum disorder, dyslexia, dyspraxia, other learning disabilities
• Partial or complete paralysis (any cause)
• Pulmonary or respiratory conditions, for example, tuberculosis, asthma, emphysema
• Short stature (dwarfism)
• Traumatic brain injury