Senior Associate – Hedge Fund Middle Office Operations

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.

You'll handle monthly reconciliations of tri-party positions, cash, market values, and accruals, while also preparing performance estimates for COO clients.

You'll review monthly Administrator NAV packages, update portfolio accounting systems when needed, and maintain fund accrual schedules.

You'll process corporate actions such as dividends, splits, and mergers for client portfolios, while serving as a point of escalation for complex issues.

Responsibilities

• Prepare daily reconciliations of positions and trades between client records and their prime brokers, ensuring accuracy and resolving discrepancies.
• Collaborate with prime brokers to resolve trade breaks and maintain smooth operational workflows.
• Handle monthly reconciliations of tri-party positions, cash, market values, and accruals, while also preparing performance estimates for COO clients.
• Review monthly Administrator NAV packages, update portfolio accounting systems when needed, and maintain fund accrual schedules.
• Process corporate actions such as dividends, splits, and mergers for client portfolios, while serving as a point of escalation for complex issues.

Qualifications

• Hold a bachelor’s degree in accounting, finance, economics, or a related field, with three plus years of financial services experience, specifically in middle office work with alternative investment funds.
• Show strong expertise in financial instruments such as equities, fixed income, bank debt, repos, options, swaps, futures, and FX spot/forward contracts, along with advanced knowledge of margin processes and cash projections.
• Demonstrate excellent attention to detail, multitasking ability, and strong communication skills for managing client relationships, while being hard-working, punctual, and personable.
• Show a solid understanding of hedge funds and private equity, strong accounting and analytical skills, and advanced computer proficiency, especially in Excel and portfolio accounting systems like Enfusion or Geneva.

Additional Information

Sustainability is integral to our strategy and operations. Our sustainability depends on us building and maintaining long-term relationships with all our stakeholders – including our employees, clients, and local communities – while also reducing our impact on our natural environment.

We’re committed to fostering an inclusive, equitable and diverse culture for our people, led by our Diversity, Equity, and Inclusion steering committee.

We want to empower our 6,500+ employees - from 94 nationalities, across 24 countries - to each achieve their potential.

We’re committed to growing relationships with our clients and supporting them in achieving their objectives.

We understand that our clients’ sustainability and success lead to our sustainability and success. We’re emotionally invested in our clients right from the beginning.