Hedge Fund Core Operations, Officer

State Street; Sacramento (CA); On-site; USD 60,000 - 101,250; Full time

Benefits offered by this job

401K retirement savings plan with company match

Health insurance coverage

Paid time off

Employee Assistance Program

Incentive compensation

Job summary

A global financial services provider in Sacramento is seeking a candidate to process and confirm trades while interacting with prime brokers and clients. The ideal applicant will have a Bachelor's degree and 4-6 years of relevant experience, with strong communication and analytical skills. You will need in-depth knowledge of various financial products and an ability to resolve trade discrepancies effectively. The role offers a competitive salary range of $60,000 to $101,250 and comprehensive benefits including a 401K plan and insurance coverage.

Qualifications

• 4-6 years of experience in related fields.
• Experience interfacing with security valuation agents.
• Knowledge of trade order flow and security life-cycle events.

Responsibilities

• Process trades and confirm client trades.
• Interact daily with prime brokers and client counterparties.
• Resolve trade breaks and communication with clients.

Skills

Intermediate understanding of settlements for equities, fixed income, futures, foreign exchange and derivatives

In depth knowledge of products

Strong verbal, analytical and written communication skills

Education

Bachelor’s degree

Tools

Advent Geneva Platform

Markit PV

BVAL

ICE Data

JPM Pricing Direct

Job description

Who We Are Looking For

State Street AIS provides fund accounting, administration, tax, compliance and middle office trade support services to hedge fund managers. AIS combines its experienced teams of trained financial service professionals with sophisticated software development talent to create a superior trade support infrastructure that features straight‑through processing and real‑time information. The responsibility of the operations group is to support clients by providing trade capture, portfolio pricing, trade confirmation and settlement services. We are looking for a qualified candidate to join our team; growing their acumen for complex financial products and the security settlement lifecycle while working in support of large alternative investment managers trading across diverse strategies.

What You Will Be Responsible For

• Intermediate understanding of settlements for equities, fixed income, futures, foreign exchange and derivatives
• Process trades
• Confirmation of client trades by phone, email or matching platform
• Interact on a daily basis with prime brokers and client counterparties
• Resolution of trade breaks with client and counterparties
• Resolve fails with prime broker and counterparties
• Liaise with client regarding ad hoc issues, establish and maintain relationships with client and other external parties: Counterparties, Prime Brokers, etc.
• Coordinate system enhancements or new requirements on behalf of the team
• Responsible for the coordination of system testing and sign off
• Involved in new client onboarding and initialization of funds

What We Value

These skills will help you succeed in this role

• In depth knowledge of some or all of the following products: equity, futures, options, fixed income, FX, derivatives (IRS, CDS, TRS, etc.)
• Experience interfacing with security valuation agents like Markit PV, BVAL, ICE Data, JPM Pricing Direct
• Knowledge of trade order flow, security life‑cycle events (settlements, corporate actions), SWIFT messaging and cash wire processing required
• Strong verbal, analytical and written communication skills
• Experience with Advent Geneva Platform advantageous

Education & Preferred Qualifications

• Bachelor’s degree
• 4–6 years of experience

Salary Range

60,000 – 101,250 Annual

Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long‑term disability, and other optional additional coverages; paid‑time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance‑based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax‑advantaged savings plans.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, colour, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

Job ID: R‑781346