Trade Operations & System Reconciliation Specialist

Hurricane Capital; New York (NY); On-site; USD 50,000 - 200,000; Full time

Job summary

A leading hedge fund in New York is seeking an Operations & Trade Support specialist focused on system reconciliations. The role involves confirming trades, managing operational risks, and collaborating with custodian banks and portfolio managers to ensure the smooth execution of trades. Applicants should have a bachelor's degree in Finance or Business, a solid understanding of the trade lifecycle, and good analytical skills. Compensation ranges from $50,000 to $200,000 depending on qualifications and experience.

Qualifications

• Bachelor’s degree in Finance, Business, or a related field.
• Strong understanding of trade lifecycle and settlement processes.
• Familiarity with industry-standard trading and operations systems, with a focus on system reconciliation tools.
• Excellent attention to detail, analytical skills, and problem-solving abilities.
• Prior experience with OMS / PMS a plus

Responsibilities

• Confirm and reconcile trades with counterparties to mitigate any discrepancies.
• Work collaboratively with internal teams to enhance operational processes and procedures.
• Implement controls to minimize errors, emphasizing system reconciliation processes.
• Facilitate the settlement of trades, collaborating with custodians and prime brokers.
• Liaise with portfolio managers and compliance to address trade-related inquiries.

Job description

A leading hedge fund in New York is seeking an Operations & Trade Support specialist focused on system reconciliations. The role involves confirming trades, managing operational risks, and collaborating with custodian banks and portfolio managers to ensure the smooth execution of trades. Applicants should have a bachelor's degree in Finance or Business, a solid understanding of the trade lifecycle, and good analytical skills. Compensation ranges from $50,000 to $200,000 depending on qualifications and experience.