Operations Associate - FX Operations

Verition Fund Management LLC; Norwalk (CT); On-site; USD 75,000 - 110,000; Full time

Job summary

Verition Fund Management LLC in Norwalk, CT, is seeking an Operations Associate for its FX Operations team. The role focuses on daily cash and position reconciliations across multiple accounts and prime brokers, collaborating with Trading and Technology to ensure accuracy and timely breaks resolution.

Candidates typically have 2-5 years in investment management or fund operations and experience with FX instruments, trade lifecycles, and OMS platforms such as Bloomberg AIM, Orchestrade, or

Qualifications

• 2-5 years of experience in investment management or fund operations.
• Working knowledge of FX spot, forwards, NDF, swaps, and exotic FX options.
• Strong understanding of trade lifecycle.
• Familiarity with OMS platforms and prime broker portals is a plus.
• Comfortable operating in a fast-paced, high-intensity environment.

Responsibilities

• Perform daily cash and position reconciliations across internal systems, external platforms, and Prime Brokers.
• Escalate and drive timely resolution of outstanding breaks.
• Identify process gaps and partner with stakeholders to implement solutions.
• Support trade capture for FX strategies and manage trade lifecycle events.

Skills

Cash reconciliations

Position reconciliation

FX trade lifecycle understanding

Fast-paced adaptability

Team collaboration

Tools

Bloomberg AIM

Orchestrade

Geneva

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.

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.

Role Overview

Verition is seeking a motivated Operations Associate to join its FX Operations team. The Associate will be responsible for daily cash and position reconciliation across a high volume of transactions, multiple accounts, counterparties, and asset classes, leveraging a suite of internal and third-party systems. You will work closely with Trading, Technology, and other Operations teams to ensure accuracy and timely resolution of breaks.

Key Responsibilities

• Perform daily cash and position reconciliations across internal systems, external platforms, and Prime Brokers.
• Escalate and drive timely resolution of outstanding breaks.
• Identify process gaps and partner with internal and external stakeholders to develop and implement solutions.
• Support trade capture for FX strategies. Track and manage trade lifecycle events including expiries, cashflows, and marking positions

Experience & requirements

• 2-5 years of experience in investment management or fund operations.
• Working knowledge of productions FX spot, forwards, NDF, swaps, and exotic FX options.
• Strong understanding of trade lifecycle.
• Familiarity with OMS platforms and prime broker portals Bloomberg AIM, Orchestrade, or Geneva experience preferred.
• Comfortable operating in a fast-paced, high intensity environment.