Hedge Fund Operations Analyst - Bank Debt Emphasis (New York)

Hedge Fund Operations Analyst - (Top 7 global hedge fund service provider; must be a near expert in excel; bank debt background preferred; more important that you want to learn and connect the dots than be a subject matter expert; midtown location; great preparation if someday you think you want to work in a hedge fund; ttl compensation from 65k to over 100k+)

The Firm
Our client administers over a quarter of a trillion with a platform that provides front office, risk, valuations, middle office, fund accounting, investor services and fund administration. The services are completely customized for the needs of our individual hedge fund, fund of hedge funds and private equity fund clients.

The Operations Associate works within the Middle Office team on electronic trade/deal capture, price verification, account reconciliation, confirmation and settlements, system development initiatives and includes exposure to globally traded products in multiple financial markets, including complex derivative instruments and bank debt (CLO, CDO, ABS, Mezzanine debt, etc.) and structured products. The Associate works with clients daily and with all levels of management.

Responsibilities- General
  • Review daily cash and position reconciliations to resolve trade breaks
  • Ensure the accuracy of trade bookings, pricing, and other deliverables
  • Effectively communicate with clients, assisting with all trade related questions
  • Work closely with the Middle Office, Fund Accounting, IT, and Investor Service teams to identifying issues and take ownership for their resolution
  • Create innovative technological solutions to solve client problem

  • 1 to 5 years experience with an analytical mind. Finance, Computer Science, Hard Science, and Mathematic majors preferred.
  • Interest in financial markets and the hedge fund industry. A fundamental understanding of various financial products is a plus
  • Excellent organizational skills, with the ability to work on multiple tasks simultaneously, in a fast paced, high pressure environment
  • High Technical Aptitude. A familiarity with Excel, as well as exposure to VBA, SQL, and/or programming languages is a plus.
  • Prior experience with Advent Geneva, MarkIt Wall Street Office, Electra OpenSTaARS, SS&C PORTIA a plus.
  • Self-motivated and solid team player willing to take ownership of varying responsibilities