Operations Associate (Hedge Fund)

Pelham Berkeley Search; Greenwich (CT); On-site; USD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking an Operations Associate to join their high-profile team. This full-time position offers a unique opportunity to work within a stable, mid-sized fund that values professional development and offers competitive compensation. Ideal candidates will have 1-5 years of experience in trade settlements, particularly in global equities, and possess excellent organizational and interpersonal skills. You'll be responsible for cash reconciliations, trade settlements, and liaising with custodians, making this a pivotal role in ensuring operational excellence. Join a firm where your contributions will be valued and where you can grow your career in a supportive environment.

Qualifications

• 1-5+ years of experience with trade settlements, preferably in global equities.
• Strong buy-side experience and knowledge of reconciliations are essential.

Responsibilities

• Perform daily/monthly cash and position reconciliations.
• Liaise with custodians to resolve trade breaks and assist with trade settlement.

Skills

Trade Settlements

Reconciliations

Equities Experience

Organizational Skills

Interpersonal Skills

Education

Bachelor's Degree in Finance

Bachelor's Degree in Economics

Tools

Advent Axys

STAARS

Eze

Job description

High Profile Mid-sized Fund seeks Operations Associate to work as part of a small team responsible for all Global Equities operations and settlements.

This is a direct hire full-time position with a very high-end mid-sized firm that offers a very professional work environment, extensive professional development and training, competitive compensation, and an amazing benefits package. Roles like this with a small, stable, premier fund are hard to find; this is a firm you will want to work for...

This is a tremendous career opportunity with a very high-end and stable buy-side firm and would be a great career move for someone with 1-3+ years of equities settlements experience with a sell-side firm who is looking to move to the buy-side; or an Operations Associate with 1+ years of experience with a buy-side firm who is looking to move to a better firm.

Responsibilities include:

• Daily/monthly cash and position reconciliations
• Liaise with custodians/prime brokers to resolve trade breaks
• Booking daily cash flows
• Assist with trade settlement
• Assist with corporate actions tracking and verification
• New account/security setup
• New investor onboarding and cash flows

Requirements include:

• 1-5+ years of experience with trade settlements (global equities preferred)
• Buy-side experience strongly preferred
• Experience with reconciliations
• Extensive equities (domestic and international) experience required; FX, derivatives (P-notes, total return swaps, etc.) is also helpful
• Must be very organized, quantitative, and detail-oriented with excellent interpersonal skills
• Knowledge of Advent Axys, STAARS, or Eze or similar systems
• Completed college degree required, Finance, Economics, or related course of study preferred

Seniority level

Associate

Employment type

Full-time

Job function

Accounting/Auditing, Finance, and Administrative