Associate Manager, Alternatives Operations

About the role

This role provides middle and back-office operational support to hedge fund clients across a broad range of investment products, including equities, fixed income, derivatives, FX, and mortgages. The position also focuses on client service, reconciliations, cash management, and cross-functional collaboration while supporting team oversight and operational efficiency.

Responsibilities

• Providing operational support to hedge fund clients engaged in various investment strategies
• Building and maintaining client relationships, and serving as a liaison between clients and prime brokers/counterparties
• Providing middle and back office support for the following products: equity, fixed income, swaps, bank debt, contract for differences, futures, commodities, options, FX, mortgages and repos
• Addressing and researching cash / position / Market Value reconciliation exceptions
• Interacting with various internal SSC GlobeOp departments such as Fund Accounting, OTC Operations, Investor Services and IT Wire processing related to management fees, incentive fees, fund subscriptions and redemptions, and collateral
• Running cash reports and confirming payments with counterparties
• Reviewing work prepared by others
• Training operations staff

Requirements

• BA in business/finance or related discipline
• 4+ years’ experience with Back Office Operations working for either a Prime Broker, Administrator, Hedge Fund, Mutual Fund, Investment Advisor or Financial/Retirement Planner
• Prior experience with various products including equities, fixed income, repurchase agreements, futures, FX, Mortgages, options and working knowledge of Corporate Actions
• Middle/Back office experience covering trade settlements, fail control, reconciliation of trade discrepancies, and client servicing
• Solid MS Excel knowledge
• Strong written and verbal communication skills

Qualifications

• BA in business/finance or related discipline
• 4+ years’ experience with Back Office Operations working for either a Prime Broker, Administrator, Hedge Fund, Mutual Fund, Investment Advisor or Financial/Retirement Planner
• Prior experience with various products including equities, fixed income, repurchase agreements, futures, FX, Mortgages, options and working knowledge of Corporate Actions
• Middle/Back office experience covering trade settlements, fail control, reconciliation of trade discrepancies, and client servicing
• Solid MS Excel knowledge
• Strong written and verbal communication skills

Skills

• MS Excel knowledge
• Written and verbal communication skills

Benefits

• Medical, dental, and vision coverage
• A 401(k) plan with company match
• Paid time off, holidays, and parental leave
• Professional development reimbursement opportunity

Pay

• New Jersey: The expected base salary for the position is between 70000 USD to 135000 USD.
• New York: The expected base salary for the position is between 70000 USD to 135000 USD.

Schedule

• Hybrid schedule available in New York City and Union, NJ