Operations Associate

WhiteCap Search; Jersey City (NJ); On-site; USD 90,000 - 140,000; Full time

Job summary

WhiteCap Search is seeking a finance/operations professional for a hedge fund role in the NYC area. Responsibilities include reconciliation oversight, maintaining PM systems and shadow GLs, and coordinating with brokers to sustain daily operational health.

The candidate should have 3–5 years in a similar role, strong hedge fund operations knowledge, and the ability to thrive in a fast-growing environment, with experience including Claude AI."

Qualifications

• 3–5 years of experience in a similar role.
• Strong technical skills and familiarity with hedge fund operations.
• Ability to operate in a fast-growing, dynamic environment.

Responsibilities

• Oversight and review of trade, position, and cash reconciliations.
• Maintain portfolio management system and shadow general ledger.
• Collaborate with brokers and service providers for daily operational health.
• Oversee valuation across complex instruments.
• Track portfolio financing and margin requirements.
• Manage cash and position transfers for financing optimization.
• Maintain and enhance internal control framework.
• Prepare client reporting deliverables.
• Prepare internal management reporting.
• Oversee regulatory filings.

Skills

Hedge fund operations

Tools

Claude AI

Job description

A growing multibillion dollar hedge fund in the NYC area is seeking to expand its team.

Responsibilities

• Oversight and review of trade, position, and cash reconciliations
• Maintenance of portfolio management system and shadow general ledger
• Collaborating with brokers and service providers to ensure daily operational health
• Valuation oversight across complex instruments
• Tracking and review of portfolio financing and margin requirements
• Cash and position transfers for portfolio financing optimization
• Maintaining and enhancing the internal control framework
• Preparation of client reporting deliverables
• Preparation of internal management reporting
• Oversight of regulatory filings

Qualifications

• 3-5 years of experience in a similar role
• Strong technical skills and familiarity with hedge fund operations
• Ability to operate in a fast-growing, dynamic, entrepreneurial environment
• Experience with Claude AI

Location

NY (TriState area)

Disclosure: The hourly rates and/or salaries listed may or may not reflect total compensation packages including bonus and fringe benefits, etc., nor are the advertisement(s) posted a guarantee of a certain compensation package for a position or bona fide offer of employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.