Operations Associate

Saba Capital Management, L.P.; New York (NY); Hybrid; USD 146,000 - 156,000; Full time

Job summary

A leading investment management firm is seeking an Operations Associate in New York. This full-time position involves daily reconciliations, analyzing financial data, and using technical tools to enhance workflows. Candidates should have a Master's degree in Finance or Economics and three years of relevant experience. Telecommuting options may be available based on company policy.

Qualifications

• Three years of experience in financial services required.
• Experience with bank debt settlement processes and compliance with CSDR regulations.
• Familiarity with analyzing LMV, P&L, FX exposure, and risk reports.

Responsibilities

• Perform daily reconciliations of trades and investment positions.
• Monitor bank debt settlement processes and mitigate financing costs.
• Assist in new fund launches and ensure compliance with regulations.

Skills

Python

VBA

Power BI

Education

Masters Degree in Finance, Economics, or a related field

Job description

Saba Capital Management, L.P. is seeking an Operations Associate in New York, NY. The role involves performing daily reconciliations of trades, investment positions, and cash balances with external third parties such as banks, prime brokers, counterparties, and custodians.

Qualifications include a Masters Degree in Finance, Economics, or a related field, along with three (3) years of experience in financial services. Responsibilities encompass monitoring bank debt settlement processes, mitigating financing costs, analyzing LMV, P&L, FX exposure, securities pricing, and risk reports, using Python, VBA, and Power BI to enhance workflows, assisting in new fund launches, booking SPAC splits, ensuring compliance with CSDR regulations, and handling OTC product settlements, among others.

The position is full-time with a salary range of $146,141.00 - $156,000.00 per year. Telecommuting or working from home may be permitted per company policies.

Interested candidates should apply directly to [e-mail] with reference to job code DB8738718.

Additional Details

• Seniority level: Mid-Senior level
• Employment type: Full-time
• Job function: Management and Manufacturing
• Industry: Investment Management