About the Company
Our hedge fund client is looking for an operations specialist, responsible for daily clearing, settlement, financing and reconciliation activities across products and accounts, ensuring accurate trade capture, timely issue resolution, and strong operational controls in a dynamic trading environment.
About the Role
Principal Responsibilities Provide day-to-day operational support, including same-day trade matching, allocation checks, and timely resolution of PM, broker, and counterparty queries.
Responsibilities
- Perform daily trade, cash, position, and market value reconciliations across products and accounts; investigate and resolve breaks on a T+0 / T+1 basis.
- Monitor intraday trading activity to ensure accurate and timely trade capture, working closely with PMs, supporting teams, and Technology.
- Manage settlement, financing, and collateral-related processes, including handling queries on high-value or time-sensitive transactions.
- Interact with prime brokers, custodians, and other external parties to oversee confirmations, settlements, and exception management.
- Maintain a strong control environment by executing and reviewing operational controls and ensuring timely escalation and resolution of exceptions.
- Drive continuous improvement by identifying opportunities to streamline workflows and enhance automation and control.
- Support the full trade lifecycle including booking, confirmation, settlement, and reconciliation of cross product transactions.
- Monitor positions, balances, and exposures to ensure data integrity and operational accuracy.
- Identify and resolve trade breaks, discrepancies, and margin issues efficiently.
- Collaborate with Trading, Risk, Finance, and Technology teams to maintain smooth daily operations.
- Oversee cash and collateral movements across exchanges and custodians.
- Produce and interpret operational and risk reports to support decision-making and trading efficiency.
- Assist with process documentation, workflow automation, and control improvement initiatives.
Qualifications
- 5+ years of relevant experience in equity and/or multi-asset operations, middle office, or trade support roles.
- Strong understanding of the trade lifecycle, settlement processes, reconciliations, and operational controls.
- Bachelor’s or Master’s degree in Finance, Economics, Engineering, Mathematics, Computer Science, or a related discipline.
Required Skills
- Strong analytical and numerical ability; able to work confidently with data.
- Proficiency in Excel; familiarity with Python, SQL, or similar analytical tools is an advantage.
- Exceptional attention to detail and ability to manage multiple time-sensitive tasks.
- Clear communicator, comfortable working with cross-functional global teams.
- Flexible and willing to adjust to the needs of a global trading environment.
- Curious, proactive, and eager to learn about the intersection of finance and technology.
Pay range and compensation package
Salary range from $80,000 – $150,000 plus bonus