Senior Associate – Hedge Fund Middle Office Operations
We’re a leading Investor Services group offering end-to-end services in administration, accounting, reporting, regulatory and compliance needs of the investment sector worldwide. Our global workforce of 6,500+ people spans 24 jurisdictions, with assets under administration exceeding US$857 billion. We serve 13 of the world’s top-15 private equity firms, delivering intelligent solutions through technical expertise, strong client relationships, and best-in-class technology.
About the role
You’ll prepare daily reconciliations of positions and trades between client records and their prime brokers, ensuring accuracy and resolving discrepancies. You’ll collaborate with prime brokers to resolve trade breaks and maintain smooth operational workflows. Additional responsibilities include:
- Handling monthly reconciliations of tri-party positions, cash, market values, and accruals
- Preparing performance estimates for COO clients
- Reviewing monthly Administrator NAV packages and updating portfolio accounting systems as needed
- Maintaining fund accrual schedules
- Processing corporate actions such as dividends, splits, and mergers for client portfolios
- Serving as a point of escalation for complex issues
Requirements
- Bachelor’s degree in accounting, finance, economics, or a related field
- Three or more years of financial services experience, specifically in middle office work with alternative investment funds
- Strong expertise in financial instruments including equities, fixed income, bank debt, repos, options, swaps, futures, and FX spot/forward contracts
- Advanced knowledge of margin processes and cash projections
- Solid understanding of hedge funds and private equity
- Strong accounting and analytical skills
- Advanced computer proficiency, especially in Excel and portfolio accounting systems like Enfusion or Geneva
- Full-time in-office work
Skills
- Excellent attention to detail
- Strong multitasking ability
- Effective communication for managing client relationships
- Hard-working, punctual, and personable
Benefits
- Generous paid time off: 4 weeks of PTO (increases over time), sick time, and paid holidays
- 401(k) plan with company match (subject to eligibility)
- Comprehensive health benefits: medical, dental, vision, and mental health support
- Ancillary insurance plans
- Paid parental leave
- Hybrid work schedule
Pay
$70,000–$95,000, dependent on experience and location.