Operations Associate - Middle Office Trade Support (Equities)

Verition Fund Management LLC; Greenwich (CT); On-site; USD 90,000 - 130,000; Full time

Job summary

Verition Fund Management LLC is seeking a motivated Operations Associate for its Middle Office Trade Support team. You will oversee daily processes for equity and credit trading, including trade capture, affirmation, and reconciliations across markets and prime brokers.

Ideal candidates have 3+ years in investment management or fund operations, with strong Excel skills and familiarity with Bloomberg AIM or FLEX. Collaboration with trading desks and PMs is essential.

Qualifications

• 3+ years of experience in investment management or fund operations.
• Experience at hedge fund, asset manager, or prime brokerage preferred.
• Proficiency in Excel (pivot tables, VLOOKUP/XLOOKUP; macros a plus).
• Experience with order management/portfolio management systems (e.g., Bloomberg AIM, FLEX a plus).
• Strong analytical skills with high attention to detail and accuracy under deadline pressure.
• Excellent communication skills for cross-team and external counterparty coordination.
• Knowledge of private deals and DWAC/DRS transfer flow a plus.
• Exposure to derivatives, fixed income, or multi-asset operations in addition to equities a plus.

Responsibilities

• Oversee day-to-day operational processes for equity/credit trading activity.
• Apply working knowledge of corporate actions processing (dividends, splits, mergers, rights issues) and help ensure timely, accurate reflection in internal systems.
• Perform cash and position reconciliations between internal books/records and prime brokers; investigate and resolve breaks.
• Coordinate with trading desks and portfolio managers on trade-related matters, including settlement fails, discrepancies, and pricing issues.
• Assist with maintaining and improving trade flow processes, commission schedules, and related operational documentation.
• Support private deal processing and DWAC/DRS flow.
• Apply basic knowledge of P&L calculations to support ad hoc PM inquiries.
• Support onboarding of new brokers, custodians, and counterparties from an operational readiness standpoint.

Skills

Trade operations

Analytical skills

Communication skills

Attention to detail

Tools

Excel

Bloomberg AIM

FLEX

Job description

ABOUT VERITION

Verition Fund Management is a global multi-strategy hedge fund with expertise across equity, fixed income, and derivatives markets. Our US offices sit at the center of our operations, supporting a broad range of investment strategies across global markets.

Verition Fund Management is a global multi-strategy hedge fund with expertise across equity, fixed income, and derivatives markets. Our US offices sit at the center of our operations, supporting a broad range of investment strategies across global markets.

ROLE OVERVIEW

Verition is seeking a motivated Operations Associate to join its Middle Office Trade Support team. The Associate will oversee day-to-day operational processes for equity and credit trading activity, including trade capture, affirmation, corporate actions, and reconciliation across multiple markets, custodians, and prime brokers. You will work closely with Trading, Portfolio Management, and other Operations teams to ensure accuracy and timely resolution of breaks.

KEY RESPONSIBILITIES

• Oversee day-to-day operational processes for equity/credit trading activity, including trade capture and affirmation across multiple markets and custodians.
• Apply working knowledge of corporate actions processing (dividends, splits, mergers, rights issues) and help ensure timely, accurate reflection in internal systems.
• Perform cash and position reconciliations between internal books/records and prime brokers; investigate and resolve breaks.
• Coordinate with trading desks and portfolio managers on trade-related matters, including settlement fails, discrepancies, and pricing issues.
• Assist with maintaining and improving trade flow processes, commission schedules, and related operational documentation.
• Support private deal processing and DWAC/DRS flow.
• Apply basic knowledge of P&L calculations to support ad hoc PM inquiries.
• Support onboarding of new brokers, custodians, and counterparties from an operational readiness standpoint.

EXPERIENCE & REQUIREMENTS

• 3+ years of experience in investment management or fund operations required.
• Experience at a hedge fund, asset manager, or prime brokerage preferred.
• Working knowledge of custodian and prime brokerage relationships.
• Proficiency in Excel (pivot tables, VLOOKUP/XLOOKUP; macros a plus).
• Experience with order management/portfolio management systems (e.g., Bloomberg AIM, FLEX a plus).
• Strong analytical skills with high attention to detail and accuracy under deadline pressure.
• Excellent communication skills for cross-team and external counterparty coordination.
• Knowledge of private deals and DWAC/DRS transfer flow a plus.
• Exposure to derivatives, fixed income, or multi-asset operations in addition to equities a plus.