Trade Operations Associate

Primary Responsibilities

• Monitor daily trade activity across SMA accounts with a focus on tax-loss harvesting strategies
• Partner closely with Portfolio Managers to validate tax-aware trade intent, execution timing, and booking accuracy
• Validate trade accuracy in the OMS and downstream systems, resolving discrepancies in real time
• Monitor Portfolios for discrepancies in leverage and margin to prevent Margin Calls
• Act as a control point between trading, operations, and counterparties to ensure data integrity
• Support high-volume, systematic trading driven by TLH rebalancing and harvesting events

Settlement, Reconciliation & Tax Lot Integrity

• Ensure timely and accurate settlement of trades by coordinating with custodians, brokers, prime brokers, and counterparties
• Perform daily reconciliations across trades, positions, cash balances, and tax lots at the account level
• Investigate and resolve settlement breaks, trade mismatches, and tax lot discrepancies
• Manage in-kind security flows (IN / OUT) via DTCC, ensuring accurate tax lot preservation

Tax Loss Harvesting Operations & Controls

• Support daily and periodic tax loss harvesting workflows, including identification, execution support, and post-trade validation
• Monitor wash sale rules, holding periods, and replacement security tracking in coordination with PMs and Compliance

Operational Efficiency, Automation & Data

• Identify opportunities to automate TLH-related workflows, reconciliations, and exception management
• Collaborate with Technology teams to build and maintain dashboards and tools tracking tax lots, realized losses, and wash sale flags

Cross-Functional Collaboration

• Work closely with Trading, Portfolio Management, Compliance, Technology, and Client Service Operations teams
• Aid in onboarding new SMA accounts, including tax settings, restrictions, and system configuration

Qualifications

• Bachelor’s degree in Finance, Economics, Engineering, or a related field
• 4+ years of experience in Trading Operations, Middle Office, or Fund Operations at a Hedge Fund or Asset Manager, with a focus on SMAs
• Strong understanding of the full trade lifecycle and post-trade processes across multiple asset classes
• Experience with Exchange traded US Equities and experience processing mandatory corporate actions in shadow accounting systems (splits, mergers, spinoffs, ROC dividends, CVR's, etc.)
• Hands-on experience working with Prime Brokers and Fund Administrators on daily reconciliations (Holdings, Cash, Tax Lots) utilizing Custodial Portals
• Proven ability to manage settlement, reconciliation, and operational breaks under tight deadlines
• Strong attention to detail, analytical mindset, and ability to manage time-sensitive workflows
• Strong work ethic with a desire to learn and contribute as much as possible

Paid Time Off

• Paid Time Off

Benefits

• Health/dental/vision insurance
• 401(k)

Salary Range

The salary range for this role will be between $120,000 and $150,000 per year.

Location

This position is onsite located in New York, NY.