Our client, a $4.5bn alternative investment manager, is currently seeking an experienced operations candidate who will be part of a multi- dimensional middle office responsible for all aspects of post trade matching, trade capture, and all aspects of daily operations and treasury services. The ideal candidate is one who works or has worked within a multi-strategy hedge fund or similar financial institution with solid exposure to middle office post trade reporting and operations. Advent Geneva system skills are highly desirable.
The company have an excellent 10 year track record and would count some of the most successful hedge funds globally as their competitors. They have a growing team in London where there are currently 5 people in Operations / Trade Support, 1 of whom is Head of Operations.
Responsibilities are varied including:
*Provide operational support in the London time zone for a number of US, APAC & EMEA long/short equity and Credit strategies
*Work closely with the European Head of Ops, operations management team and Fund Administrators, covering daily, monthly and annual operations, tax & accounting production, onboarding new trading accounts and internal infrastructure projects
*Support the daily trade capture and NAV P&L validation process for this basket of European accounts. Review and monitor daily cash and position reconciliations.
*Monitor corporate actions, dividend and trade settlements daily
*Support the investment and risk teams, be prepared to respond to queries on individual account transactions and positions and work with the risk/compliance/trading & PM teams to provide accurate daily risk/PnL data across the accounts.
*Communicate regularly and effectively with each portfolio management team to ensure timely delivery of accurate trade file data. Act as liaison between the portfolio manager, counterparty and administrator to ensure seamless interaction between all parties
*Support tracking and analysis of margin excess and financing requirements across the accounts. Analyse and communicate any fluctuations or discrepancies
*Support the review of and sign-off on a comprehensive monthly accounting package provided by the administrator. Review management and incentive fee calculations
Required Experience and qualifications:
*Junior to mid-level experience (2 - 6 years) from a Hedge Fund background (long/short equity fund) within Operations / Middle Office, and with corporate actions experience ideally.
*Experience of daily reconciliations (cash, position, trade), and facing off to traders and Portfolio Managers.
*Demonstrable experience of system/process/procedural improvements
*Experience with Microsoft Office applications, comfort with custom database environments, OMS/PMS/NAV systems – Advent Geneva ideally, (Neovest, Enfusion, Traiana, CTM highly beneficial)
*VBA/programming skills would be beneficial
*Comfortable talking about day pnl, investigating issues, monthly swap resets
*High level of professionalism when dealing with clients, investors and colleagues
*Team player and enthusiastic / flexible attitude
Apply now if you fit the criteria and are keen to progress your career within Hedge Operations at a well-reputed, global firm.
Please note that due to the high volume of applicants responding to our adverts we are regrettably not able to feedback on all applications; only successful candidates will be contacted