Trade Support / Control Manager – (IR Derivatives) Exceptional Hedge Fund opportunity recruitment

The role will report to the Head of Operations and will manage part of the operations team. The primary function of the team is to accurately capture all trades in the internal systems, the fund administrators and the prime brokers. Secondary functions include supporting the traders as required and handling queries which arise.

The ideal candidate will have managed a team in a trader support or middle office function within the interest rate trading department of an investment bank or have performed a similar role in another asset management or hedge fund company. The candidate will have good knowledge of products, trade flows, trade processing as well as the necessary controls to ensure that operational risk is minimised and that errors are caught quickly.

The candidate will be a graduate and numerate demonstrating this through academic qualifications and experience in a previous role.

The role will involve liaising working with prime brokers, administrators and counterparties to ensure a good working relationship. The main stakeholders within the business are the traders, product control, risk, administrators and prime brokers.

In addition the role will include enhancing the current processes and systems used by the team and also supporting the project based work of the Head of Operations. This could include strategic projects and the operational set up for new funds.

The successful applicant will be capable of managing and supporting a team of up to eight people and motivating them to excel in their work while incorporating changes in their daily tasks as a result of improvements in systems and processes. The candidate will have proven experience in being able to understand the origination of problems which arise and would have proven experience in resolving such issue. The successful applicant will also have strong written and oral communication skills.

This is an exciting role to join an established operations team within a successful hedge fund manager.

Duties-

• Managing the daily processing team to ensure that all trades are accurately booked on a timely basis.

• Liaising with the administrators, prime brokers and counterparties, investigating deal issues as required and ensuring the satisfactory clearance of such issues.

• Understanding the overall Deal Booking process for fund and the roles placed on the administrators and the Prime Brokers.

• Enhancing the systems and processes to maximise the efficiency of the team.

• Assisting the Head of Operations as required.

Experience-

• Minimum of 7 years relevant experience within an investment bank or asset manager. Will be able to demonstrate strong knowledge of the products traded, systems, processes and controls

• Ability to manage and motivate the daily processing team while supporting them to resolve issues which arise

• Ability to cultivate relationships both internally and externally to support the business requirements and promote the team.

• An individual adept to knowledge sharing with other team members.

• A fast thinking and analytical individual

• Numerate

• Quick decision making skills and willingness to assume responsibility and take ownership of tasks assigned.

Ability to work quickly and accurately under pressure