Operations Manager - Hedge Fund

WhiteCap Search; New York (NY); On-site; USD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a detail-oriented professional to manage daily trade reconciliations and support collateral management. This role involves ensuring data integrity and enhancing operational processes, all while collaborating with external parties like banks and brokers. If you thrive in a fast-paced environment and have a knack for technology, this position offers a unique opportunity to contribute to critical financial operations. Join a dynamic team where your expertise will help shape the future of trade settlement and operational excellence.

Qualifications

• Experience in daily reconciliation of trades and investment positions.
• Knowledge of OTC confirmation processes and collateral management.

Responsibilities

• Daily reconciliation of trades and cash balances with external parties.
• Support for collateral management and OTC settlement processes.

Skills

Reconciliation of trades

Collateral Management

Data Integrity Maintenance

OTC Settlement

Technology Enhancement

Tools

DTCC

ICE

CME

MarkitWire

Job description

Job Function:

• Daily reconciliation of trades, investment positions and cash balances to external third parties (banks, prime brokers, counterparties and custodians).
• Reviewing OTC long form confirmation and/or confirmations via electronic platforms (DTCC, ICE, CME, MarkitWire).
• Collateral Management and OTC Settlement support.
• Maintaining data integrity, including security master, fee/commission schedule, and holiday calendar updates.
• Assisting with the enhancement and development of ongoing technology, operational processes, and reporting issues.
• Assist with Settlement Breaks for cash securities (equities, bonds, listed options).