Investment Operations Associate

Atlantic Group; New York (NY); Hybrid; USD 120,000 - 150,000; Full time

Job summary

Atlantic Group is seeking an Investment Operations Associate in New York, NY to support daily investment operations, trade processing, and reconciliations within a fast-paced financial services environment.

The role focuses on trade reconciliations, OTC derivatives processing, settlements, and maintaining accurate investment records, with opportunities to enhance controls and workflow efficiency while collaborating with multidisciplinary teams.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or related field.
• At least 3 years of investment operations experience in hedge funds or alt investments.
• Strong knowledge of trade settlements, reconciliations, OTC derivatives, and lifecycle management.
• Experience with derivatives processing, trade confirmations, and investment management systems; advanced Excel/VBA preferred.

Responsibilities

• Reconcile daily trades, positions, and cash with brokers, custodians, and counterparties.
• Process OTC derivatives transactions, confirmations, and related lifecycle events.
• Monitor settlements, investigate discrepancies, and resolve trade breaks across investment products.
• Maintain accurate investment records, transaction data, and supporting documentation.
• Support daily P&L reporting, review activity, and identify discrepancies affecting performance.
• Collaborate with trading and investment teams to streamline workflows and strengthen controls.

Education

Finance/Accounting/Economics degree

Tools

Trade confirmation platforms

Investment management systems

Derivatives processing

Job description

Job Overview – Investment Operations Associate

Compensation: $120,000 – $150,000/year + bonus

Location: New York, NY

Schedule: Monday to Friday (Hybrid)

Atlantic Group is hiring an Investment Operations Associate in New York, NY for our client, supporting daily investment operations, trade processing, and financial reconciliations within an established financial services organization. This role will assist with transaction settlements, operational reporting, and maintaining accurate investment records while supporting efficient workflows. The ideal candidate brings strong investment operations experience, attention to detail, and the ability to collaborate effectively with internal teams in a fast-paced environment.

Responsibilities as the Investment Operations Associate:

• Trade Reconciliations: Reconcile daily trades, investment positions, and cash balances with brokers, custodians, counterparties, and external service providers.
• Derivatives Operations: Process OTC derivatives transactions, trade confirmations, and related trade lifecycle events.
• Trade Settlements: Monitor transaction settlements, investigate discrepancies, and resolve trade breaks across investment products.
• Investment Operations: Maintain accurate investment records, transaction data, and supporting operational documentation.
• P&L Reporting: Support daily profit and loss reporting, review trading activity, and identify discrepancies affecting investment performance.
• Process Improvement: Collaborate with trading and investment teams to streamline operational workflows, strengthen controls, and improve transaction processing efficiency.

Qualifications for the Investment Operations Associate:

• Education: Bachelor's degree in Finance, Accounting, Economics, or a related field is required.
• Experience: 3+ years of investment operations experience within a hedge fund, fund administrator, or alternative investment management environment is required.
• Industry Knowledge: Strong understanding of trade settlements, investment reconciliations, OTC derivatives, trade lifecycle management, and corporate actions is required.
• Technical Skills: Experience with derivatives processing, trade confirmation platforms, and investment management systems is required, with advanced Microsoft Excel and VBA experience preferred.
• Skills & Attributes: Strong analytical, organizational, communication, and problem-solving skills with excellent attention to detail and the ability to manage multiple priorities and collaborate effectively with investment professionals are required.

Application Notice:

Qualified candidates will be contacted within 2 business days of application. If an applicant does not meet the above criteria, Atlantic Group will keep your resume on file for future opportunities and may contact you for further discussion.