Operations Associate

OCR Alpha; New York (NY); On-site; USD 70,000 - 110,000; Full time

Job summary

OCR Alpha, a global macro hedge fund in New York, is seeking an Operations Associate to support day-to-day trading operations and collaborate with the investment team. The role covers multiple asset classes and involves trade capture, verification, and reconciliation tasks across cash, securities and settlements.

Ideal candidates will have several years in financial services, especially in Operations, Trade Support or Middle Office, with exposure to equities, fixed income, or derivatives, and a

Qualifications

• A number of years of experience within financial services, ideally in Operations, Trade Support or Middle Office.
• Exposure to financial products such as equities, fixed income or exchange-traded derivatives.
• A good understanding of trade processing, settlements and reconciliations.

Responsibilities

• Trade capture and verification.
• Resolving booking discrepancies.
• Monitoring confirmations and settlements.
• Completing daily cash and position reconciliations.
• Investigating operational breaks.

Skills

Operations experience

Trade support

Middle office

Financial services

Job description

A global macro hedge fund is looking to add an Operations Associate to its growing New York team.

This is a varied role working within a boutique hedge fund, offering the opportunity to get involved in the day-to-day running of the trading operation and work closely with the investment team to ensure trades are processed accurately and efficiently.

The position covers a range of asset classes, including equities, bonds, futures and other financial instruments. Responsibilities will include trade capture and verification, resolving booking discrepancies, monitoring confirmations and settlements, completing daily cash and position reconciliations, and investigating operational breaks.You'll also provide ongoing support to the trading desk, handling queries relating to expiries, contract rolls and corporate actions.

As the business continues to grow, there's also the opportunity to gain exposure to other areas of the firm, including Treasury, Risk, Finance and Portfolio Management Systems.

This would suit someone looking to broaden their asset class exposure, take on a varied operational role and develop their understanding of different areas of a hedge fund.

Experience required:

• A a number of years experience within financial services, ideally in Operations, Trade Support or Middle Office.
• Exposure to financial products such as equities, fixed income or exchange-traded derivatives.
• A good understanding of trade processing, settlements and reconciliations.