Operations Analyst/Associate - Post-Trade Support (Futures Operations)
Verition Fund Management LLC · New York, NY · 2 wk ago
On-siteManagementFull-time
About the role
Verition Fund Management is a global multi-strategy hedge fund with expertise across equity, fixed income, and derivatives markets. Our US offices sit at the center of our operations, supporting a broad range of investment strategies across global markets.
Key responsibilities
- Support the daily post-trade processing of listed futures and options on futures across global exchanges.
- Ensure timely trade allocation, affirmation, and settlement with brokers and clearing firms.
- Perform daily reconciliations of trades, positions, cash, and margin balances.
- Investigate and resolve trade breaks, reconciliation exceptions, and settlement discrepancies.
- Maintain accurate trade and account data across internal systems.
- Avoid coordination with Trading, Portfolio Management, Risk, Finance, and external counterparties to resolve operational issues.
- Assist with daily margin processing and collateral movements.
- Execute daily operational controls and escalate exceptions when necessary.
- Contribute to process improvements and support automation initiatives to increase operational efficiency.
- Avoid assisting with system testing, new product launches, and operational projects as needed.
Qualifications
- 2–5 years of operations experience supporting listed futures, derivatives, or capital markets products.
- Understanding of the futures trade lifecycle, including clearing, settlement, reconciliations, and margin.
- Experience working with trading, clearing, or reconciliation platforms.
- Strong attention to detail and ability to manage multiple priorities in a deadline-driven environment.
- Effective communication and problem-solving skills with a collaborative approach.
- Bachelor's degree in Finance, Economics, Business, or a related discipline preferred.