Senior Middle Office - Alternative Investments

US Bank; Hackensack (NJ); On-site; USD 85,000 - 115,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

401(k) retirement plan

Paid vacation

Paid holidays

Adoption assistance

Sick leave

Job summary

U.S. Bank is seeking a Senior Operations Associate for the Alternative Investments Middle Office in New Jersey.

The role focuses on providing middle and back-office support to hedge funds and asset management clients, coordinating with custodians, prime brokers and trading counterparties to ensure accurate settlements. The candidate will handle trade capture, confirmations, reconciliations, and margin-related activities, supporting complex securities and derivatives workflows in a fast-paced

Qualifications

• Bachelor's degree in Business Administration or related field or equivalent work experience.
• 5+ years of experience in alternative investments middle office and/or operations in financial services.

Responsibilities

• Trade capture into portfolio accounting system.
• Confirmation of trades with brokers, custodians, prime brokers and counterparties.
• Ensure accurate and timely trade settlements.
• Reconcile trades, positions and cash with external parties.
• Resolve trade breaks.
• Knowledge of client portfolios as related to daily margin calls.
• Process payments related to client settlements, margin and funding.
• Monitor and process corporate actions with emphasis on entitlements.

Skills

Securities settlements

Trade reconciliation

Derivatives lifecycle

Prime Broker portals

Troubleshooting

MS Office

Education

Bachelor's degree in Business Administration or related field

Job description

U.S. Bank is seeking a Senior Operations Associate for the Alternative Investments Middle Office in New Jersey.

The role focuses on providing middle and back-office support to hedge funds and asset management clients, coordinating with custodians, prime brokers and trading counterparties to ensure accurate settlements. The candidate will handle trade capture, confirmations, reconciliations, and margin-related activities, supporting complex securities and derivatives workflows in a fast-paced