Manager, Middle Office Operations

About the role

The Middle Office Operations Manager will play a key role in overseeing and optimizing the daily operational activities within our middle office. This position involves managing a team, ensuring the accurate and timely processing of trades, reconciliations, and other critical functions, and contributing to the enhancement of operational efficiency and risk management.

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 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
• 7+ 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
• Prior experience with OTC products
• Middle/Back-office experience covering trade settlements, fail control, reconciliation of trade discrepancies, and client servicing

Qualifications

• Solid MS Excel knowledge
• Prior experience working in a client service environment
• Strong written and verbal communication skills

Skills

• MS Excel
• Client Service
• Communication

Benefits

• Medical
• Dental
• Vision
• 401(k) plan with company match
• Paid time off, holidays, and parental leave
• Professional development reimbursement opportunity

Pay

The expected base salary for the position is between 78,000 USD to 160,000 USD.

Schedule

Hybrid