Fractional Trading Assistant (Advisory Network)

Arootah; United States; On-site; USD 70,000 - 120,000; Full time

Job summary

Arootah seeks an experienced Trading Assistant to consult for clients in the alternative investment industry. You will provide hands-on trading and system support to investment professionals, and serve as the primary contact for counterparty, custodian, and fund accounting inquiries.

Join the advisor network to work with leading asset managers and family offices on a demand-driven basis, with opportunities to contribute across settlement, compliance, and operational risk functions.

Qualifications

• Bachelor’s degree in Economics, Finance, Mathematics, Accounting, Computer Science, or a related field.
• 3+ years of experience at an Alternative Asset Manager, Hedge Fund, or Family Office dealing with reconciliation and resolution of trade breaks.
• Strong organizational skills with high attention to detail and ability to multi-task under pressure.
• Excellent communication skills and ability to work independently and in a team.
• Quantitative aptitude with understanding of basic financial concepts.
• Experience with settlement practices and back-office custodian, brokerage and clearing agencies.
• Driven to deliver on high-value projects with a roll-up-your-sleeves attitude.

Responsibilities

• Provide trading support to asset managers and family offices, advising on trading needs.
• Assist with pre-trade checks, confirmations, and settlement of trades.
• Coordinate with Traders, Portfolio Managers, Prime Brokers, Administrators and Custodians.
• Monitor positions and provide post-trade allocations to brokers.
• Support reporting under Dodd-Frank and EMIR and ensure regulatory awareness.
• Maintain detailed records of consulting results and client interactions.

Skills

Attention to detail

Communication skills

Multi-tasking under pressure

Teamwork

Quantitative aptitude

Independent work

Education

Bachelor's degree in Economics

Bachelor's degree in Finance

Bachelor's degree in Mathematics

Bachelor's degree in Accounting

Bachelor's degree in Computer Science

Job description

Opportunity Overview

Arootah engages a curated network of senior operators to support clients across the alternative investment industry, including hedge funds, private equity firms, and family offices. Advisors are deployed on project-based engagements when client needs match their expertise. Joining the network does not guarantee placement; it provides access to opportunities as they arise.

Why Join the Arootah Network

• Alt-industry-only engagements with hedge funds, private equity firms, and family offices
• Project-based work that fits around existing commitments
• Client origination and engagement management handled by Arootah; advisors focus on delivery

About Arootah

Arootah is a talent solutions firm purpose-built for the alternative investment industry. We advise and we execute, covering the full talent spectrum from entry to exit across five services: Talent Acquisition, Fractional Leadership, Talent Development, Retention & Compensation, and Transition. Most talent firms solve one problem. Because we cover the full spectrum, we can help clients identify and solve the right one. We start with diagnosis, then deliver. Our team has run alternative investment firms at the highest levels as COOs, CFOs, and CCOs. That operator experience, combined with 15+ years of alternatives-specific recruiting and a network of 700+ vetted advisors across 18 functional disciplines, is what makes the advice credible and the execution reliable. We also draw on a network of 600+ coaches, deploying those with specific experience guiding senior executives in the alternatives industry. One industry. One talent partner. Entry to exit.

Who We’re Looking For

Arootah is searching for experienced Trading Assistants to consult to our client base. As a consultant, you will work with our Alternative Asset Firm and Family Office clients to provide expert advice. Having previously served in the role of Trading Assistant you have specific, hands‑on experiencing providing trading and system support to a group of investment professionals and serves as the primary point of contact for counterparty, custodial, and fund accountant inquiries for a leading Alternative Asset Firm or Family Office.

Core Areas of Expertise

• Provide advice and guidance to Arootah clients who seek help with their Trading needs. This will involve consulting to some of the leading Alternative Asset Managers and Family Offices in the world and sharing your experience as a Trading Assistant in helping clients to:
• Develop realistic and effective monthly action plans.
• Identify internal and contextual roadblocks.
• Break apart goals into actionable steps.
• Devise a plan of action for each goal.
• Provide the client with resources associated with implementing their action plan.
• Implement policies, procedures, and control measures.
• Review, analyze and report on client tools and resources to ensure industry best practices.
• Evaluate each client’s advancement toward goal actualization through key performance indicators (KPIs) and scoring matrices.
• Maintain and share detailed and accurate records of consulting results (challenges, breakthroughs, etc.).
• All aspects of the day‑to‑day management and oversight of dealing with the full life cycle of a trade including the proper booking, settlement, and problem resolution of any trades.
• Assist Traders with pre‑trade checks including confirmation of security positions, current cash balances, and available settlement locations.
• Monitor existing positions and coordinate execution with Traders and Portfolio Managers.
• Perform post‑trade functions including confirmation and providing allocations to brokers both manually and through electronic platforms.
• Work with Prime Brokers, Administrators, and Custodians to ensure settlement of trades and communicate with all counterparties to resolve any discrepancies.
• Monitor FX matching and netting. Ensure timely settlement to reduce risk of interest claims. Confirm and clear eligible IRS, CDS and NDF positions.
• Assist the trading desk in onboarding new counterparties, markets, or trading systems.
• Track currency hedges or trading needs of other EV departments. Monitor corporate actions and provide color to portfolio managers to assist in making election decisions.
• Assist with reporting under Dodd Frank and EMIR, as well as confirm compliance with local market regulations.
• Ensure regulatory compliance with local, state, and federal laws and regulations as well as making sure that all of the company’s own rules and regulations are followed.
• Assist with other department projects and functions as needed.

What You Bring

• A Bachelor’s degree in Economics, Finance, Mathematics, Accounting, Computer Science, or a related field with a strong academic record.
• 3+ years of relevant experience at an Alternative Asset Manager, Hedge Fund, or Family Office dealing with the reconciliation and resolution of trade breaks.
• Must be organized and have strong attention to detail. High level of efficiency and ability to multi‑task under pressure.
• Strong communication skills and ability to work both independently and within a team.
• Demonstrated quantitative aptitude. Understanding of basic financial concepts through coursework or job experience.
• Proven experience working with different asset classes in a high‑volume environment.
• Demonstrated knowledge of settlement practices and procedures, including familiarity with back‑office custodian, brokerage and and clearing agencies.
• Drive to deliver on high value projects and a roll up your sleeves attitude.

Important Note

This opportunity is to join Arootah ’s advisor network and is not tied to a specific active engagement. Advisors are engaged on an as‑needed basis, based on client demand and fit. Originally posted on Himalayas