Trade Operations Associate

Geode Capital Management; Boston (MA); On-site; USD 85,000 - 115,000; Full time

Benefits offered by this job

Health coverage

401(k) matching

Profit sharing

Paid parental leave

Tuition reimbursement

Commuter subsidy

Job summary

Geode Capital Management, LLC is seeking an experienced Trade Operations Associate to support tactical initiatives and daily responsibilities of the Operations business unit. This role is based in our office in Boston, Massachusetts, with in-office attendance required Tue–Thu and optional remote on Mon and Fri.

You will collaborate with portfolio management, compliance, and trading teams to manage day-to-day trading and corporate actions, reconcile elections and cash flows, and generate metrics

Qualifications

• Bachelor’s degree in Business, Finance or a relevant field.
• 3+ years of corporate action experience, including voluntary and mandatory events, elections, and dividend reconciliation.
• Ability to understand corporate action terms and deadlines.
• Experience with cash and position reconciliation; ETF operations experience preferred.
• Strong analytical, communication, and organizational skills.
• Proficiency in Excel; macros, queries and reporting preferred.

Responsibilities

• Work with portfolio management, compliance, and trading teams on day-to-day operations.
• Process corporate actions, review event details, and follow up on elections.
• Reconcile elections, cash, securities, and dividends; resolve discrepancies.
• Support cash and ETF operations, reconciliation and creation/redemption activity.
• Produce timely metrics and analytical reporting for stakeholders.
• Identify continuous improvement opportunities within trade operations.
• Adhere to processing controls and Geode’s policies.

Skills

Trading operations

Corporate actions

Analytical skills

Excel proficiency

Communication

Problem solving

Organization

Attention to detail

Independent work

Team collaboration

Education

Bachelor’s degree Business, Finance or relevant field

Tools

Excel

Macros

SQL

Bloomberg

SimCorp Dimension

Job description

Geode Capital Management, LLC is seeking an experienced Trade Operations Associate to support tactical initiatives and daily responsibilities of the Operations business unit.

This role is based in our office in Boston, Massachusetts. You are required to follow the firm’s policy on in-office attendance. Our current policy requires in-office attendance on Tuesday, Wednesday, and Thursday, and then provides an option to work remotely on Monday and Friday. Please note that Geode may alter this policy at any time.

Role and Responsibilities

• Work closely with portfolio management, compliance, and trading teams to support day-to-day trading and investment operations
• Process voluntary and mandatory corporate actions, review event details, request elections, and follow up to meet deadlines
• Reconcile elections, expected cash and security proceeds, and dividend payments; investigate and resolve discrepancies
• Support daily cash and ETF operations, including cash and position reconciliations and creation/redemption activity
• Produce timely and accurate metrics and other analytical reporting for portfolio management, trading, as well as other internal and external stakeholders
• Collaborate to identify continuous improvement opportunities within the trade operations team
• Adhere to Geode’s operational policies and practices, in addition to established processing controls and procedures

Skills You Bring

• Bachelor’s degree Business, Finance or a relevant field
• 3+ years of corporate action experience, including voluntary and mandatory events, elections, and dividend reconciliation
• Ability to understand corporate action terms, determine expected entitlements, and manage election deadlines and follow-up
• Experience with cash and position reconciliation; ETF operations experience preferred
• Strong analytical and problem-solving skills with a focus on accuracy and operational risk
• Strong communication and organizational skills with the ability to manage competing priorities independently and collaboratively
• Proficiency in Excel; experience with macros, database queries, and reporting preferred
• Experience with SimCorp Dimension preferred; Bloomberg and SQL a plus
• Flexibility to work a rotating evening schedule

Company Overview

Founded in 2001, Geode is headquartered in Boston’s financial district, the center of one of the world’s most vibrant finance and technology hubs and employs approximately 200 employees.

Geode is an institutional asset manager providing core beta exposures across a range of equity and niche asset classes, with over $2 trillion. With robust infrastructure and experienced investment professionals, Geode offers the scale of a large asset management firm with the benefits of a smaller organization.

Our compensation philosophy is designed to attract, motivate, and retain top talent. We are committed to ensuring that compensation reflects the value our employees bring to Geode. Employees at all levels are eligible to receive a combination of base salary, variable compensation, and a comprehensive benefits package. Compensation decisions are informed by a range of factors including role, experience, education, and skillset.

Our benefits program is designed to support employees both professionally and personally, offering comprehensive health coverage, 401(k) matching, annual profit sharing, paid parental leave, and generous time off. We also provide tuition and certification reimbursement, student loan support, fitness reimbursement, commuter subsidy, charitable donation matching, family care assistance including a backup care benefit, adoption and surrogacy support. Hybrid work arrangements and a culture that encourages community engagement through volunteer opportunities and employee events further enhance the employee experience at Geode.

Geode is proud to be an equal opportunity employer and support a diversified work environment. Learn more about Geode at www.geodecapital.com/careers.