Overview
New York, NY. Global diversified alternative investment manager seeking to add an Operations Analyst/Associate with 2 - 4 years' experience within financial markets to NYC office. The successful candidate will be self-motivated, a strong communicator, pro-active and detail oriented. This is a generalist role where the candidate will work closely within the operations teams to (i) assist with reconciliations of trade activity across all funds, review settlement issues with counterparties and prime brokers as well as confirms, assist in end of day P&L processes and (ii) directly support Portfolio Managers, Associate Portfolio Managers and trading counterparties to facilitate certain aspects of post-execution and pre-settlement trade processing. The company is currently working on a hybrid schedule and the role will be in-person 4 days per week (Monday – Thursday). The company reserves the right to request employees to be in the office more often as necessary.
Annual Base Salary: $65,000-$80,000 DOE, plus eligible for bonus
Responsibilities
- Reconcile all trades and positions for Fixed Income, FX, Repos, Futures and Equities across funds daily.
- Liaise with prime brokers and counterparties to ensure timely domestic and international settlements of cash and repo activity.
- Resolve and confirm all items identified as potentials trade fails.
- Reconcile all systems (Trade Capture, IBOR, and Risk Management) to verify trade and security data are accurately reflected.
- Process all trade activity throughout the trade life cycle using various systems both internal and external. Includes manual trade entries, trade allocations and trade confirmations.
- Communicate with portfolio managers, internal operations and counterparties to resolve any issues pertaining to trading and/or settlement and alert traders of any discrepancies or errors with the firm's internal records and make adjustments where necessary.
- Assist with the collapse of offsetting interest rate swaps that failed to net correctly at clearing house.
- Trouble-shoot various technical issues throughout the trade lifecycle in collaboration with Risk and Information Technology teams.
- Assist in the end of day P&L process.
Qualifications
- Bachelor's degree in Finance, Economics, or applicable field preferred.
- 2 – 4 years' experience in a middle office or operations role with working knowledge of FX, fixed income, futures and derivatives.
- Excellent math skills and comfortable with numbers.
- Experience with swap compressions and a working knowledge of swaps clearing houses, a plus.
- Outstanding verbal/written communication and interpersonal skills.
- Entrepreneurial, analytical, proactive, highly detail-oriented team player.
- Ability to problem solve independently and propose innovative solutions.
- Ability to maintain composure, exercise discretion, and make sound professional judgments in an environment with heavy workloads and tight deadlines.