Middle Office Associate

hedgeserv; United States; Hybrid; USD 55,000 - 75,000; Full time

Job summary

HedgeServ, a global fund administrator, seeks a recent graduate for its Middle Office team to support trade booking, confirmations, settlements, and related processes. You will engage with hedge fund and private equity clients, contribute to reporting, and help resolve cash and position breaks.

This role offers exposure to a wide range of financial instruments, a fast-paced environment, and opportunities to take on greater responsibility within six to twelve months.

Qualifications

• College graduates with an analytical mind and appetite for learning.
• Clear and persuasive communicators who can articulate actions and identify root causes.
• Desire to learn and embrace new technology.

Responsibilities

• Ensure accurate and efficient trade booking
• Review trade confirmations and recaps
• Facilitate custom reporting requirements delivering data to clients, internal teams, and third-party vendors
• Action the resolution of daily cash and position breaks
• Apply client-specific pricing affirmations to value portfolios
• Communicate and collaborate with hedge fund and private equity professionals to solve problems
• Monitor and process all product life-cycle events
• Work on strategic initiatives and light project work

Skills

Analytical mind

Clear communication

Willingness to learn

Self-starter

Problem solving

Education

Bachelor's degree

Tools

Excel

Relational databases

Job description

At HedgeServ, we're redefining what's possible in fund administration. With more than $700 billion in assets under administration, we partner with the world's most forward-thinking investment managers - across private equity, private credit, endowments, hedge funds and more - to deliver seamless, tech-enabled solutions that drive performance.

Our proprietary platform, enhanced by machine learning and robotic process automation, gives clients real-time insights and unmatched control over their operations. Alongside our technology, we offer award-winning service through our team-based approach -- led by a deeply experienced team of industry experts. Our solutions span the full investment lifecycle, including fund accounting, middle office, risk, compliance, tax, and investor services.

We're a future-focused company, empowering our people through a robust career development framework, clear career trajectories with structured learning paths, training, and progression plans. We invest in leadership development and in our collaborative culture, creating space for talent to grow. Our corporate values - Relationships, Support, Innovation, and Expertise - create a sense of shared purpose and belonging, and we recognize our employees sit at the core of our success. We continue to innovate and evolve through our employees, working together to achieve our shared vision and mission.

HedgeServ supports employees through a variety of offerings, including remote and hybrid working arrangements, and fully paid comprehensive health and well-being benefits. We've been recognized as an employer of choice, earning a top 100 workplaces designation.

Founded in 2008, HedgeServ has grown into a global organization with over 2,000 experts across the globe, with offices in the United States, Grand Cayman, Ireland, Poland, Bulgaria, Luxembourg, the Philippines, and Australia. We've earned numerous accolades, including Top Overall Administrator, along with #1 rankings for providing alternative asset services in Accounting, Technology, Client Service, Investor Services, Alternative Fund Expertise, Reporting, and Regulatory Expertise.

This role will be hybrid in either our Dallas, TX or Raleigh, NC office. Visa sponsorship will not be offered at this time.

Job Description

As we continue through a period of growth, HedgeServ is searching for future leaders who can make an immediate impact on our already successful team. We're seeking college graduates who are decisive, energetic, and self-starting.

The Middle Office team performs trade support activities required by our hedge fund and private equity client base. This includes electronic trade/deal capture, confirmation/affirmation of activity, settlements, cash and collateral management, t+1 break resolution, technology development, and valuations processing. This position typically exposes the candidate to a wide range of financial markets and tradeable products including highly complex derivative instruments.

A successful candidate will assume considerable responsibility within six to twelve months, serving as the primary point of contact on client relationship(s), helping on-board new clients with the guidance of senior team members, and participating in cross-team projects all being possibilities.

Role Responsibilities

• Ensure accurate and efficient trade booking
• Review trade confirmations and recaps
• Facilitate custom reporting requirements delivering data to our clients, internal teams, and 3rd party vendors
• Action the resolution of daily cash and position breaks
• Apply client specific pricing affirmations to accurately value their portfolio
• Effectively communicate and collaborate with hedge fund and private equity professionals to solve complex problems
• Monitor and process all product life-cycle events
• Work on strategic initiatives and light project work

Pre‑Requisite Knowledge, Skills, and Experience

• College graduates with an analytical mind and appetite for learning
• A familiarity with excel is required and an understanding of relational databases is a plus
• Clear and persuasive communicators, who can articulate their actions, identify root causes, and suggest improved ideas
• Desire to learn and embrace new technology