Data Operations Associate

StevenDouglas; New York (NY); On-site; USD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Data Operations Associate to join a dynamic operations team. This entry-level position offers an exceptional opportunity to work in a prestigious hedge fund environment, where you'll oversee critical data management functions. You'll ensure the integrity of data and support the operational needs of innovative investment strategies. With a focus on collaboration and excellence, this role provides significant growth potential and direct exposure to senior leadership. If you're eager to contribute to a high-performance team and thrive in a fast-paced setting, this is the perfect opportunity for you.

Benefits

Competitive compensation

Bonus structure

Comprehensive benefits package

Growth opportunities

Cutting-edge environment

Collaborative team culture

Qualifications

• Minimum 1 year experience in hedge fund operations or asset management.
• Strong technical skills in Excel and data analysis required.

Responsibilities

• Manage data contracts lifecycle and coordinate vendor changes.
• Maintain organized records of data contracts and subscriptions.
• Assist with ad-hoc research requests for new data vendors.

Skills

Excel

Data Analysis

Bloomberg

Reuters

Python

SQL

VBA

Communication Skills

Attention to Detail

Problem-Solving

Education

Bachelor’s degree in Finance

Bachelor’s degree in Accounting

Bachelor’s degree in Economics

Tools

Trading Systems

Job description

Our client is a premier hedge fund with a renowned reputation for innovation and high-level performance. They manage a diverse portfolio across multiple asset classes and have achieved outstanding growth, consistently outpacing industry benchmarks. With a culture centered on excellence, integrity, and collaboration, they provide an environment that challenges and inspires the best talent in the industry.

Position Overview

We are seeking a Data Operations Associate to join a dynamic, high-caliber operations team. The ideal candidate will be someone with a proven track record in hedge fund operations or investment management, eager to work in a fast-paced, performance-driven environment. The successful candidate will be responsible for overseeing critical data management functions, ensuring the integrity of data, and supporting the operational needs of the firm’s investment strategies. This role offers exceptional growth potential with direct exposure to senior leadership, cutting-edge investment strategies, and the opportunity to work alongside some of the brightest minds in finance.

Key Responsibilities

1. Manage the entire lifecycle of data contracts, ensuring seamless coordination of vendor changes, including logging data requests, tracking daily progress, providing status updates, and overseeing the entire process from trial through subscription, renewal, and termination.
2. Maintain an organized record of data contract details, subscriptions, and associated costs within the system.
3. Serve as the main point of contact between vendors and internal teams to coordinate contract renewals, terminations, trials, compliance, cost negotiations, and onboarding of new data sources.
4. Monitor and manage the team inbox, promptly identifying new and outstanding data requests, as well as vendor releases. Proactively follow up with internal teams to ensure timely action on upcoming changes.
5. Assist with ad-hoc research requests, including identifying potential new data vendors or subscriptions, summarizing costs, and providing detailed explanations of pricing structures.

Qualifications

1. Experience: Minimum of 1 year of experience in hedge fund operations, asset management, or a related field.
2. Education: A Bachelor’s degree in Finance, Accounting, Economics, or a related discipline.
3. Skills: Strong technical skills in Excel, data analysis, and familiarity with portfolio management, trading systems, and data vendors (e.g., Bloomberg, Reuters, Python, SQL, VBA, or similar).
4. Attention to Detail: Ability to identify and resolve discrepancies and improve operational efficiencies.
5. Communication: Exceptional interpersonal and communication skills, with the ability to collaborate with internal teams and external stakeholders.
6. Knowledge: A deep understanding of hedge fund structures, trade flows, and back-office functions.
7. Problem-Solving: A proactive and solutions-oriented mindset, with a demonstrated ability to manage multiple priorities in a high-pressure environment.

Why Join?

1. Prestigious Firm: Be part of a respected and high-performance hedge fund that is a leader in the industry.
2. Growth Opportunities: Accelerate your career with significant exposure to senior executives and high-level strategic initiatives.
3. Compensation & Benefits: Competitive compensation, bonus structure, and comprehensive benefits package.
4. Innovation: Work in a cutting-edge environment, where your contributions will directly impact the firm’s success.
5. Culture: Join a dynamic and collaborative team that thrives on intellectual rigor and continuous improvement.

Seniority level

Entry level

Employment type

Full-time

Job function

Finance

Industries

Investment Management