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 including a global data platform and proprietary tools.

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. Additionally, you’ll handle monthly reconciliations of tri-party positions, cash, market values, and accruals, while preparing performance estimates for COO clients. You’ll review monthly Administrator NAV packages, update portfolio accounting systems as needed, and maintain fund accrual schedules. Processing corporate actions such as dividends, splits, and mergers, and serving as a point of escalation for complex issues will also be part of your responsibilities.

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: equities, fixed income, bank debt, repos, options, swaps, futures, and FX spot/forward contracts
• Advanced knowledge of margin processes and cash projections
• Excellent attention to detail, multitasking ability, and strong communication skills for managing client relationships
• Solid understanding of hedge funds and private equity, with strong accounting and analytical skills
• Advanced computer proficiency, especially in Excel and portfolio accounting systems like Enfusion or Geneva
• Full-time in-office work required

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.