Operations Associate recruitment
Job Description:
- Review and maintain the daily reconciliation of multiple accounts (Hedge Fund and Managed Accounts) including cash and positions
- Responsible for trade entry, set up and maintenance of securities (including coupons / amortizations / dividends), in addition to prices of securities
- Track and ensure proper allocation of trades
- Coordinate and interact with Prime Brokers and Fund Administrators on daily trade activity and break resolution
- Assist with month-end net asset value determination
- Oversee failed trade reporting and resolution
- Develop, generate and distribute daily and weekly reports to Senior Management
- Monitor financing and collateral levels in concert with administrators and prime brokers
Candidate MUST have 2 to 10 years of experience in a Trade Settlements / Operations Group within the asset management / hedge fund industry. Excellent problem resolution skills. Strong technical knowledge of Corporate Credit and Bank Loan products and their settlements. Experience on buy side with a focus on Hedge Funds and / or Managed Accounts. Derivatives (i.e., Credit Default Swaps) experience is highly desirable.
System Knowledge: Proficiency with Bloomberg (experience with AIM a plus), knowledge of Advent Geneva. Strong Excel skills.
June 9, 2010
• Tags: Asset Management careers in the USA, Operations Associate recruitment • Posted in: Financial