Operations Associate

Wall Street Careers®; New York (NY); On-site; USD 110,000 - 170,000; Full time

Job summary

Wall Street Careers® represents a New York-based hedge fund seeking an Operations Associate to support the full middle- and back-office lifecycle across bank debt, liquid credit, and equities. You will work directly with senior finance leadership and trading, fund administration, and prime brokerage counterparts.

The role emphasizes hands-on processing, daily reconciliations, P&L monitoring, cash management, and precise interest/valuation calculations, with a lean team and daily market hours

Qualifications

• 3–6 years of middle-office, trade support, or fund operations experience at a hedge fund or alternative asset manager.
• Working knowledge of bank debt / loan mechanics; exposure to public equities is a plus.
• Prior hands‑on experience with Enfusion and/or HedgeServ is a plus, but not required.
• Familiarity with Bloomberg Terminal is helpful.
• Advanced Microsoft Excel skills for large reconciliations.
• Bachelor’s degree in Finance, Accounting, Economics, or a related field.

Responsibilities

• Trade capture and lifecycle management for bank debt, loans, liquid credit, and equity trades.
• Daily reconciliations across Enfusion, HedgeServ, prime brokers, and custodians.
• P&L and performance monitoring using Enfusion and Bloomberg; investigate discrepancies.
• Treasury and cash management including cash forecasting, margin movements, and FX exposure.
• Interest accruals and valuation calculations for credit-related items.
• Systems and reporting; build proficiency in Enfusion and HedgeServ; enhance month-end close with Excel.

Skills

Analytical skills

Autonomy

Communication

Attention to detail

Education

Bachelor’s degree in Finance, Accounting, Economics, or related field

Tools

Enfusion

HedgeServ

Bloomberg Terminal

Excel

Job description

Reports To: Senior Controller / Finance & Operations Leadership

Experience: 3–6 Years

POSITION OVERVIEW

Our client, a New York-based hedge fund running a special situations credit and equities strategy with roughly $3 billion in AUM, is seeking a driven, detail-oriented Operations Associate to join a small, high-performing operations team. This is a hands‑on role covering the full middle‑and‑back‑office lifecycle across bank debt, liquid credit, and public equities, with direct exposure to senior finance leadership and daily interaction with trading, fund administration, and prime brokerage counterparts.

KEY RESPONSIBILITIES

• Trade Capture & Lifecycle Management: Support end-to-end operational processing for bank debt/loans, liquid credit, and equity trades, including settlements, funding notices, and administrative agent communications
• Daily Reconciliations: Perform reconciliations across Enfusion (internal books), HedgeServ (fund administrator), prime brokers, and custodian banks for positions, cash, and collateral
• P&L & Performance Monitoring: Help maintain and verify intraday and end-of-day P&L using Enfusion and Bloomberg, investigating and resolving pricing or accrual discrepancies promptly — the desk relies on real-time visibility
• Treasury & Cash Management: Assist with daily cash forecasting, margin/collateral movements, FX exposures, and wire preparation
• Interest & Valuation Calculations: Work through bank debt interest accruals and other credit-related calculations with precision
• Systems & Reporting: Build proficiency in Enfusion and HedgeServ; use advanced Excel to streamline reporting and month-end close workflows

QUALIFICATIONS & EXPERIENCE

• 3–6 years of middle-office, trade support, or fund operations experience at a hedge fund or alternative asset manager
• Working knowledge of bank debt / loan mechanics and credit products; exposure to public equities is a plus
• Prior hands‑on experience with Enfusion and/or HedgeServ is a plus, but not required
• Familiarity with Bloomberg Terminal is helpful
• Advanced Microsoft Excel skills required (large reconciliations, lookup/aggregation formulas)
• Bachelor’s degree in Finance, Accounting, Economics, or a related field

CORE COMPETENCIES

• High analytical precision with a low tolerance for unresolved breaks
• Self‑starter who can operate with autonomy alongside senior leadership on a lean team
• Clear, professional communication with internal desks, fund administrators, custodians, and street counterparties
• Comfortable being in the office daily and available to the desk during market hours