Hedge Fund Operations Specialist/Associate recruitment
We are a young and fast growing hedge fund specialized in systematic quantitative trading in global equities. We’re looking for an operational associate to join the team for trade reconciliation and fund operations. This is a good opportunity for the right person to work in a fast moving and dynamic environment and requires a proactive attitude for problem solving.
Key Responsibilities
- Responsible for daily trade reconciliation and NAV production.
- Liaising with PB and Administrators to work on reconciliations of trade, positions, cash and PnL between internal records and third parties.
- Investigating and rectifying daily trade breaks, dealing with corporate action election and asset pricing.
- Check and maintain the PL records, calculation and reconciliation of management and performance fees, producing the weekly and monthly NAVs for the fund and managed accounts, ensure a smooth production of month-end NAV
- Work with Auditor and administrator on annual fund audit report
- Trade Support and other general support
- Troubleshoot beginning of day, pre-open issues for the trading systems, management of the equity investment pool, monitoring open positions and solve the trade breaks.
- Management of dividends, corporate actions, contracts expirations and lifecycle events
- Calculation of the allocation of income across different share classes for Multi-series or Equalization accounting
- Assisting with producing risk report, marketing report, various projects and other ad-hoc tasks
- Involvement in the broader operation process and technical support
Skill Requirements:
- Minimum of 1-2 year experience in working with a Hedge fund/ Prime brokers in the operations, product control or trade support desk/Fund administrator, with good knowledge in equity and futures. Experience to systematic trading would be very beneficial.
- Strong IT skill preferred:
- Proficient with MS Office, in particular Excel and VB scripts.
- Automated (Unix) scripting to query textual data.
- Familiar with using SQL queries.
- Good organisational and communication skills written and oral, capable of managing the relationship with PBs, administrator, auditors and any external counterparties.
- Accounting qualifications will be a plus (but not essential)
- Ability to work accurately under pressure of tight deadlines
- Ability to prioritise tasks and remain calm under pressure
- Enthusiastic and energetic team player
November 27, 2011
• Tags: Accounting & Finance careers in the UK, Associate recruitment, Hedge Fund Operations Specialist • Posted in: Financial