Middle Office Sr. Associate

HedgeServ; Raleigh (NC); Hybrid; USD 70,000 - 110,000; Full time

Benefits offered by this job

Health & wellbeing benefits

Remote/Hybrid work options

Job summary

HedgeServ is seeking college graduates to join the Middle Office team, handling trade support for hedge funds and PE clients. You’ll engage in electronic capture, confirmations, settlements, and cash management across diverse products, with growth into client-facing responsibilities.

Successful candidates will be exposed to a broad market of instruments and will work with senior staff to onboard clients and contribute to cross-team projects in a dynamic, tech-enabled environment.

Qualifications

• 2–5 years in a middle office or trade support role.
• Exposure to multiple financial products is a plus.
• Strong Excel skills and ability to communicate clearly.

Responsibilities

• Provide trade support for multi‑billion dollar hedge funds, including capture, confirmation, and reconciliation.
• Support OTC documentation processes and settlements activities.
• Apply client pricing affirmations to value portfolios accurately.
• Coordinate cash and position reconciliations with client and brokers daily.
• Assist in monitoring product lifecycle events and drive process improvements.

Skills

Excel

Bloomberg

MarkitWire

DerivServ

Markit Trade Manager

TRM

Traiana Harmony

PB Portals

Tools

MarkitWire

DerivServ

Markit Trade Manager

TRM

Traiana Harmony

Bloomberg

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.

Job Description

As we continue through a period of growth,HedgeServis 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

• Provide trade support for multi-billion dollarhedge funds where primary responsibilities include: trade capture, confirmation/affirmation, reconciliation, operational reporting and ad-hoc client queries
• Assist in supporting esoteric OTC documentation process as well as our settlements process asneeded
• Apply client specific pricing affirmations to accurately value theirportfolio
• Work with the client, internal teams and brokers to ensure daily cash and position reconciliations are being completed efficiently to mitigate risk and meet clientdeliverables
• Monitor and process all productlife-cycleevents
• Institute innovative technological solutions to solve client requests in conjunction with our business developmentteam

Pre-Requisite Knowledge, Skills, and Experience

• 2-5 years of experience in a middle office or trade support role
• Industry platform knowledge:MarkitWire,DerivServ, Markit Trade Manager, TRM,TraianaHarmony, Bloomberg, DTCC/Icelink, PB Portals is a plus.
• Exposure to various financial products. Complex products a plus. Examples: Mortgage Backed, IRS, Swaptions, Basis Swaps, Variance/Volatility Swaps, FX Options, TRS, Futures, CDS, Equities, Options, Bonds/REPO’s
• Intermediate level of Excel isrequired
• Clear and persuasive communicators, who can articulate their actions, identify root causes, and suggest improvedideas
• Desire to learn and embrace newtechnology