Senior Derivatives Operations Specialist

Daley And Associates, LLC; Boston (MA); On-site; USD 95,000 - 105,000; Full time

Job summary

Daley And Associates, LLC is seeking a Senior Derivatives Operations Specialist in Boston to join a leading investment manager’s operations team. The role offers exposure to the lifecycle of complex derivative securities and collaboration across investment, operations, and accounting teams.

The ideal candidate has 3–5 years in investment operations or fund accounting, strong Excel skills, and a detail-oriented, organized approach. Location is Boston, MA with an on-site work environment.

Qualifications

• 3–5 years of experience in investment operations, fund accounting, reconciliation, custody, or related function.
• General understanding of post-trade derivative settlements.
• Experience with derivative reconciliations and/or margin processes preferred.
• Understanding of accounting controls within the investment management industry.
• Bachelor's degree in Finance, Accounting, or a related field.

Responsibilities

• Manage, prepare, and review daily reconciliations for derivative securities.
• Reconcile and process principal and interest payments.
• Investigate and resolve operational breaks with counterparties, banks, custodians, and fund administrators.
• Prepare, project, and analyze daily derivative margin calls.
• Partner with internal investment, operations, and accounting teams.
• Develop understanding of the firm’s trading strategies, operational processes, and cash flows.
• Assist with monthly shareholder statement reviews.
• Support additional operational, recordkeeping, and data-processing initiatives.

Skills

Excel

Microsoft Office

Attention to detail

Communication

Education

Bachelor's degree in Finance, Accounting, or related field

Tools

Derivative reconciliations

Job description

Senior Derivatives Operations Specialist

Our client, a leading alternative investment manager is seeking a Senior Derivatives Operations Specialist to join its operations team in Boston.

This is an excellent opportunity for a derivatives operations professional to join a highly collaborative investment management environment and gain broad exposure to the operational lifecycle of complex derivative securities.

Key Responsibilities

• Manage, prepare, and review daily reconciliations for derivative securities
• Reconcile and process principal and interest payments
• Investigate and resolve operational breaks with counterparties, banks, custodians, and fund administrators
• Prepare, project, and analyze daily derivative margin calls
• Partner closely with internal investment, operations, and accounting teams
• Develop a strong understanding of the firm's trading strategies, operational processes, and cash flows
• Assist with monthly shareholder statement reviews
• Support additional operational, recordkeeping, and data-processing initiatives

Ideal Background

• 3-5 years of relevant experience in investment operations, fund accounting, reconciliation, custody, or a related function
• General understanding of post-trade derivative settlements
• Experience with derivative reconciliations and/or margin processes strongly preferred
• Understanding of accounting controls within the investment management industry
• Bachelor's degree in Finance, Accounting, or a related field
• Strong Excel and Microsoft Office skills
• Exceptional attention to detail, organization, and time management
• Strong communication and interpersonal skills

Compensation: $95K-$105K base + bonus

Location: Boston, MA

Work Environment: On-site

If you have experience in derivatives operations, fund accounting, investment operations, custody, or reconciliations and are interested in learning more, please reach out to Kyle Archer at [e-mail]

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