Operations Associate

Mission Staffing; United States; On-site; USD 70,000 - 90,000; Full time

Job summary

A leading asset management firm is seeking an Associate to join their middle office operations team in New York. The ideal candidate will have a Bachelor's Degree in Finance and 2-3 years of experience in financial services. Responsibilities include managing portfolios, reconciling cash and positions, and developing efficient processes. This full-time role requires strong technical skills and attention to detail.

Qualifications

• 2-3 years of experience in the financial services industry, fund or administrator experience preferred.
• Ability to communicate with diverse groups at all organization levels.
• Comfortable adapting to work independently and collaboratively.

Responsibilities

• Assist in managing and reconciling activities across various portfolios.
• Work with administrators and prime brokers to reconcile cash and positions.
• Help develop processes to increase efficiency and automation.
• Assist with daily trade management including trade entry and portfolio pricing.
• Interact with internal teams and third-party service providers.

Skills

Financial services knowledge

Automation mindset

Technical comfort with systems

Advanced Excel skills

Detail oriented

Education

Bachelor’s Degree in Finance or relevant field

Tools

FIS VPM

PortfolioBI’s OMS

Various Citco systems

Job description

Top asset management firm hiring for their middle office operations team in New York, New York.

Job Description

REQUIREMENTS

• Bachelor’s Degree in Finance or a relevant field
• 2-3 years of experience in the financial services industry, relevant fund experience and/or administrator experience preferred
• Proactive with a mindset for automation and process enhancement
• High technical comfort level with systems and technology: working knowledge of FIS VPM, IVP products, PortfolioBI’s OMS, reconciliation systems, various Citco systems, CTM/ALERT a plus. Advanced Excel skills preferred
• Comfortable communicating directly with a diverse group of internal and external contacts at all levels of the organization. Previous work directly with or at an administrator preferred.
• Detail oriented and highly organized
• Ability to adapt and work well independently as well as collaboratively

RESPONSIBILITIES

• Assist in managing, reconciling, and processing activity (repo rolls, credit events, etc.) across various portfolios consisting of structured credit, repos, loans, and other fixed income products
• Work with Administrators and Prime Brokers to help reconcile cash, positions, and P&L. Perform a full shadow of books and records to admin
• Help develop best in class processes and procedures. This includes increasing efficiencies and automating where possible
• Assist with daily trade management workflow including trade entry, portfolio pricing and entity allocations
• Interact frequently with various internal teams, third party service providers, third party overseas Operations team, various banks and counterparties

Seniority level: Associate

Employment type: Full-time

Job function: Finance