Assistant Vice President (AVP), Prime Brokerage Middle Office

Responsibilities

• Serve as the primary point of contact for client operational inquiries, ensuring timely and accurate responses.
• Expertly manage trade support functions, including trade capture, allocations, and settlement issue resolution for Equity and Fixed Income products.
• Monitor client trade activity, cash movements, financing balances, and settlement obligations on a daily basis.
• Cook up with internal teams to resolve trade breaks, fails, and reconciliation discrepancies efficiently.
• Review and oversee the completion of daily operational controls, processes, and reporting requirements.
• Support the onboarding and maintenance of Prime Brokerage client accounts, ensuring all documentation is in order.
• Partner with Risk and Finance teams to monitor exposure, financing activity, and operational risk, providing valuable insights.
• Drive process improvement initiatives, automation, and operational scalability to enhance efficiency.
• Escalate operational, settlement, and control issues promptly, ensuring effective resolution.
• Participate in strategic projects, system testing, and business initiatives, contributing to the overall success of the Prime Brokerage team.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or a related field is required.
• A minimum of 5 years of experience in Prime Brokerage, Middle Office, Operations, or Capital Markets support is essential.
• In-depth knowledge of Equity and Fixed Income products, along with Prime Brokerage operations, is a must.
• Understanding of financing concepts, settlements, and broker-dealer operations is crucial.
• Excellent analytical and problem-solving skills, with a keen eye for detail, are necessary.
• Strong verbal and written communication skills, enabling effective interaction across business lines.
• Ability to manage multiple priorities in a fast-paced environment, while maintaining a client-centric focus.
• Prior experience supporting hedge fund or institutional Prime Brokerage clients is an advantage.