Operations Associate

Mission Staffing

New York (NY)

On-site

USD 65,000 - 100,000

Full time

30 hours ago
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Job summary

Mission Staffing seeks an Operations Associate for a buy-side firm in New York to support daily and monthly cash and position reconciliations and assist with trade settlement. You will help ensure accurate books and records across portfolios within a small Operations team.

You will liaise with custodians, prime brokers, and the Investor Services team on onboarding and flows, while contributing to process improvements as the firm grows.

Qualifications

  • Bachelor's degree and 1.5+ years of buy-side operations experience.
  • Experience with cash and position reconciliations, trade settlement, and other core investment operations processes.
  • Familiarity with common investment operations systems is a plus.
  • Exceptional attention to detail and accuracy, with the ability to manage multiple priorities and meet strict deadlines.

Responsibilities

  • Support daily and monthly cash and position reconciliations, helping maintain accurate books and records across portfolios.
  • Liaise with custodians and prime brokers to investigate and resolve trade breaks and other operational discrepancies.
  • Book daily cash flows and support timely, accurate trade settlement.
  • Assist with corporate actions tracking and verification, as well as new account and security setup.
  • Partner with the Investor Services team on new investor onboarding and investor cash flows.
  • Collaborate with colleagues across Operations and the broader firm to strengthen processes, resolve issues, and support the firm's continued growth.

Skills

Attention to detail
Time management
Communication
Problem-solving
Collaboration
Adaptability

Education

Bachelor's degree

Tools

Reconciliation software
Trade settlement systems

Job description

A buy-side firm is looking to add to their Operations Team! This role offers broad exposure across the investment platform, meaningful responsibility, and the opportunity to make a direct impact on the firm's business. As a member of a small Operations team, you will play a key role in supporting the firm's day-to-day operational activities and helping ensure the accuracy and efficiency of processes across the investment platform.

Responsibilities
  • Support daily and monthly cash and position reconciliations, helping maintain accurate books and records across portfolios.
  • Liaise with custodians and prime brokers to investigate and resolve trade breaks and other operational discrepancies.
  • Book daily cash flows and support timely, accurate trade settlement.
  • Assist with corporate actions tracking and verification, as well as new account and security setup.
  • Partner with the Investor Services team on new investor onboarding and investor cash flows.
  • Collaborate with colleagues across Operations and the broader firm to strengthen processes, resolve issues, and support the firm's continued growth.
What We're Looking For
  • Bachelor's degree and 1.5+ years of buy-side operations experience; experience supporting global equity strategies is preferred.
  • Experience with cash and position reconciliations, trade settlement, and other core investment operations processes.
  • Familiarity with common investment operations systems is a plus.
  • Exceptional attention to detail and accuracy, with the ability to manage multiple priorities and meet strict deadlines.
  • A proactive, resourceful approach and sound problem-solving skills, with the judgment to identify issues and drive them toward resolution.
  • Clear and effective written and verbal communication skills.
  • A collaborative mindset with the ability to work effectively across teams.
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