Hedge Fund Operations Associate

Our client is a private quantitative trading firm based in New York City founded in early 2014. They consist of mathematicians, computer scientists, financial engineers, and other market professionals managing private investment capital and building a next-generation platform for quantitative trading. Through a systematic investment process, careful risk management, and a dedication to integrity, intellectual rigor, and collaboration, we seek to generate exceptional risk-adjusted investment returns. They are also a Registered Investment Advisor regulated by the U.S. Securities and Exchange Commission as well as a Commodity Pool Operator regulated by the U.S. Commodity Futures Trading Commission.

Job Title:Operations Associate

Job Description:As part of the global Trading and Operations team, the Operations Associate will support all aspects of post-trade through month-end, including position and P&L reconciliations, security master updates, data warehouse maintenance, corporate actions processing, invoices, risk reporting, financing reconciliations, rebates and monthly allocations, data contracts, and much more. The Operations Associate will work directly with teammates and constituents spanning across counterparties and internal teams to ensure that operational processes are running effectively and efficiently. This role requires speed, accuracy and skill in the face of complexity and is ideal for a candidate with strong organizational, follow-up, and communication skills.Joining this firm offers a unique opportunity to work at the forefront of systematic trading, where innovation and quantitative analysis intersect. We are passionate about implementing scientific and mathematical methods to explore and solve problems in the global financial markets. If you thrive in a fast-paced, data-driven environment, we encourage you to apply.Key ResponsibilitiesNew York working hours with workday normally starting around 7:30-8am ETReconciling and resolving position and P&L breaks on T+0 post-trade through T+1 and afterChasing executing brokers and counterparties for any firm wide breaks across asset classesCoordinating with fund administrator, prime brokers, counterparties, and vendorsMaintaining and monitoring the firm’s centralized positions, prices and P&L and data warehouseProcessing beginning of day (BOD) positions, corporate actions, security master changes, etc.Calculating allocations across month-end executing broker invoices, swap rebates, etc.Reconciling daily and monthly equity financingRecording and tracking data contract subscriptions, renewals, and their costsActing as central coordinator for team inbox to ensure all emails are assignedCreating and maintaining FX exposure summaries and reconciliationsPreparing risk and regulatory reportingMaintaining and improving highly automated processes to maximize operating efficiencyFacilitating ad hoc requests from teammates, PM teams and across all internal teams