hedgefundnetNew York, NY
Trading Operations - Hedge Fund
Trading Operations - Hedge Fund
Trading Operations - Hedge Fund
hedgefundnetNew York, NY
2 days ago
Brokerage ClerksSecurities, Commodities, and Financial Services Sales AgentsFinancial Clerks, All Other
Investment Banking and Securities IntermediationPortfolio Management and Investment AdviceMiscellaneous Intermediation
Apply for this role (opens in a new tab)A leading global hedge fund is looking to hire a Trading Operations / Middle Office Associate to support its Equities & Fixed Income trading business in New York.
The role sits within a high-performing post-trade function and provides end-to-end ownership of the trade lifecycle, covering trade capture, allocations, clearing, settlement, reconciliations and exception management.
You will work closely with traders, prime brokers, custodians, clearing brokers, exchanges and internal technology and operations teams, acting as a key operational partner to the trading desk.
Beyond day-to-day processing, the team is focused on building a scalable, technology-driven operating model. The successful candidate will therefore have the opportunity to improve workflows, strengthen controls and introduce automation across the post-trade environment.
Key Responsibilities:
Provide end-to-end Middle Office support for institutional Equities & Fixed Income Trading.
Manage the trade lifecycle from execution and allocation through matching and settlement
Investigate and resolve trade breaks, unmatched trades, allocation issues, settlement fails and position discrepancies
Partner directly with traders to support daily activity, new markets, counterparties and trading strategies
Manage relationships and workflows across prime brokers, custodians, brokers, CCPs and other market participants
Monitor settlement activity, stock availability and cash positions, proactively identifying and escalating potential risks
Perform daily trade, position and cash reconciliations across internal systems and external counterparties
Support corporate actions and other lifecycle events where they impact trading, positions or settlement
Work with Technology and Operations teams to enhance workflows, controls, reporting and exception management
Identify opportunities to automate manual processes and improve the scalability and efficiency of the platform
Develop and monitor operational metrics around breaks, fails, reconciliations and settlement performance
Contribute to a strong operational risk and control framework
Requirements:
3–8 years' experience across Middle Office, Trade Support, Settlements or a related post-trade function
Strong experience supporting either Equities or Fixed Income trading within an investment bank, hedge fund, asset manager or similar financial institution
Experience working with prime brokers, custodians, clearing brokers and other market infrastructure
Proven ability to investigate and resolve trade breaks, settlement issues, reconciliations and other operational exceptions
Strong understanding of operational risk, controls and post-trade processes
Excellent analytical and problem-solving skills, with a high level of attention to detail
Comfortable working in a fast-paced environment where issues can be time-sensitive and market-impacting
Strong communication skills and the ability to build effective relationships with Front Office, Operations, Technology and external counterparties
Proactive, self-motivated approach with a genuine interest in improving and automating processes
Strong academic background / Bachelor's degree
Advanced Excel skills required; Python, SQL, Tableau or other data/automation experience is advantageous
For more information, please apply with your resume.
Also on the board Same function, level within a rung
Level
Senior
Location
New York, NY
Occupation
Brokerage Clerks
Industry
Investment Banking and Securities Intermediation
Posted
2 days ago