Operations Specialist (Hedge Fund) recruitment
We are currently looking for an Operations Specialist to join our growing hedge fund group, PEAK6 Advisors. This person will be responsible for back office processing for a newly launched fund along with supporting day to day activities of our existing funds. The position requires a self-starter who is detail oriented and adept at driving initiatives with persistent follow through.
Key Skills Responsibilities:
- Handling day-to-day clearance, settlement, and position reconciliation functions for cleared and OTC equity, derivative and fixed income trades
- Confirm trades and conduct all necessary follow-ups with Counterparties, Prime Brokers and Fund Administrators
- Work directly with the Front Office to elevate and resolve any disputes on daily activity; ensure right systems and controls are in place for reconciliation
- Audit and administer broker bills
- Work with the Middle Office team to resolve daily and month end issues
- Participate in projects that require change and efficiencies to Operational processes.
- Assist in creating and refining procedures, integrate systems and implement enhancements
Requirements:
- 3-5 years experience working in a hedge fund, large bank environment or fund administrator
- Experience in processing and reconciliation of equities, options and fixed income products
- Experience with corporate actions and reorganization processing
- Familiarity with OTC processing, reconciliation and collateral management (Credit Default, Interest Rate, Variance and Index swaps) a plus
- International (local market) clearing and settlement experience a plus
- Experience with the Geneva portfolio accounting system
- Experience with OMS systems and workflows
- Experience working with Fund Administrators to resolve breaks and inconsistencies
- Strong MS office Applications usage (Excel, Word, etc.)
- Database or data organization skills preferred (SQL)
- Strong concentration in developing and supporting internal controls to eliminate risk and operational losses; proven experience leading process development and change
- Detail-oriented and able to work independently
- Excellent communication skills
June 7, 2012
• Tags: Operations careers in the USA, Operations Specialist (Hedge Fund) recruitment • Posted in: Financial