Operations Associate/AVP

Atlantic Group; New York (NY); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

Free lunch

Retirement plan

Generous vacation policy

Job summary

Atlantic Group, a top private equity and hedge fund located in NYC, seeks an Operations Associate or AVP with strong experience in trading operations and a solid technical background.

The role involves overseeing trade management workflows, collateral management, and daily reconciliation processes, working across traders, PMs, tax, compliance, legal, and external counterparties. A BA/finance degree and advanced Excel skills are required.

Qualifications

• Bachelor’s degree in Finance or a related field is required.
• Knowledge of securities processing and operations, including credit products, derivatives, and real assets is preferred.
• Proficiency with trading/portfolio systems and advanced Excel skills.
• Strong communication across internal and external stakeholders.

Responsibilities

• Oversee daily trade management workflow including entry, pricing, and allocations.
• Coordinate financing and base borrow activities.
• Collaborate with traders and analysts on complex transactions.
• Interact with traders, PMs, tax, compliance, legal, accounting, and external banks/parties.
• Set up and maintain brokerage and derivative relationships with Trading and Compliance teams.
• Review daily P&L and diagnostics; produce nightly firm reports.
• Manage collateral for cleared and non-cleared OTC portfolios.
• Oversee daily cash, position, and P&L reconciliations with Administrators and Prime Broker.
• Manage settlement process for electronic and derivative securities.

Skills

Communication

Detail oriented

Self-motivated

Independent worker

Education

Bachelor's degree in Finance

Tools

FIS VPM

IVP

PBI OMS

Icelink

Citco systems

Job description

A top private equity and hedge fund located in NYC is looking to hire an Operations Associate or AVP, depending on years of experience. The firm has a tremendous track record and has been around for over 10 years and still growing. This firm has great benefits, including free lunch, a retirement plan and a generous vacation policy. The ideal candidate must have experience in trading operations from a fund, bank, or possibly public accounting.

Responsibilities

• Oversee daily trade management workflow; including trade entry, portfolio pricing and entity allocations
• Work closely on financing and base borrow
• Work with cred traders and Analysts on complex transactions
• Interact frequently with various internal teams (traders, portfolio managers, tax, compliance, legal, accounting, marketing), 3rd party service providers, various banks and counterparties
• Work with Trading and Compliance teams to set up and maintain brokerage and derivative relationships
• Review daily P&L and control diagnostics and produce nightly reporting for the firm
• Perform collateral management responsibilities for both cleared & non-cleared OTC derivative portfolios
• Work with our Administrators and Prime Broker to help maintain and review daily cash, position, and P&L reconciliations
• Manage the settlement process for all electronic and derivative securities

Requirements

• Bachelor’s Degree in Finance or a relevant field
• Knowledge of securities processing and operations. Specific knowledge of credit products (including bank loans), derivatives, and real assets preferred
• High technical comfort level with systems and technology: working knowledge of FIS VPM, IVP products, PBI’s OMS, Icelink, various Citco systems a plus. Advanced Excel skills preferred.
• Comfortable communicating directly with a diverse group of internal and external contacts at all levels of the organization
• Detail oriented and highly organized
• Self-starter with strong work ethic and a sense of personal responsibility
• Ability to adapt and work well independently as well as collaboratively