Transfer Associate

Social Capital Resources; New York (NY); On-site; USD 90,000 - 130,000; Full time

Job summary

Social Capital Resources is seeking a Transfer Operations Associate to support front-to-back trade execution and ensure accurate processing across trading, portfolio management, and custody interactions.

The role owns end-to-end in-kind security movement and coordinates with custodians and prime brokers to guarantee timely delivery and precise tax lots. Strong reconciliation skills and experience with DTC transfers are essential.

Qualifications

• Bachelor's degree required.
• 4-7 years experience in trading operations or fund operations at a Prime Brokerage firm or asset management.
• 2+ years experience with cost basis.
• Understanding of the trade lifecycle.
• Experience working with Prime Brokers on daily reconciliations.

Responsibilities

• Supporting front-to-back trade execution, ensuring smooth and accurate trade processing, and facilitating interaction between trading, portfolio management, counterparties, and custody.
• Own the end-to-end processing of in-kind security movement via DTC.
• Coordinating with custodians, prime brokers, and counterparties to ensure accurate delivery and receipt.
• Support high-volume, systematic trading driven by TLH (tax-loss harvesting) events.
• Perform daily reconciliations across trades, positions, cash balances, and tax lots at the account level.
• Ensure accurate tax lot and cost basis preservation across in-kind transfers, partnering with PMs and Fund Administrators.
• Investigate and resolve DTC transfer rejects, breaks, and delivery/receipt discrepancies in real time.

Skills

Trading operations

Fund operations

Prime Brokerage

DTC transfers

Trade lifecycle

Reconciliations

Education

Bachelor's Degree

Job description

Rapidly Growing Hedge Fund is seeking a Transfer Operations Associate!

Responsibilitie

• Supporting front-to-back trade execution, ensuring smooth and accurate trade processing, and facilitating seamless interaction between trading, portfolio management, counterparties, and custodia
• Own the end-to-end processing of in-kind security movement via D
• Coordinating directly with custodians, prime brokers, and counterparties to ensure accurate delivery and receip
• Support high-volume, systematic trading driven by TLH rebalancing and harvesting event
• Perform daily reconciliations across trades, positions, cash balances, and tax lots at the account lev
• Ensure accurate tax lot and cost basis preservation across every in-kind transfer, partnering with PMs and Fund Administrators to confirm lot-level detail carries through correct
• Investigate and resolve DTC transfer rejects, breaks, and delivery/receipt discrepancies in real time, escalating promptly to avoid settlement or tax reporting impa

Qualificati

• Bachelor's De
• 4-7 years experience trading operations or fund operations at a Prime Brokerage firm or asset man
• 2+ years experience with
• DTC2+ years experience with Cost B
• Understanding of the trade lifec
• Previous experience working with Prime Brokers on daily reconciliat