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Job Detail Experience Level StaffDegree Type Bachelor of Science (BS) Employment Full Time Working Type HybridJob Reference 0000022133 Salary Type Annually Industry Hedge Fund Selling Points Collaborate with diverse teams to gain comprehensive operational experience. Enhance skills in trade lifecycle management and reconciliation processes. Contribute to a dynamic firm with growth opportunities.
Job Description
Junior Hedge Fund Operations Overview: The Junior Hedge Fund Operations role offers hands-on exposure across the full trade and fund lifecycle. Collaborate with diverse teams, including Finance, Compliance, Legal, and Technology, for comprehensive operational support. Gain experience in managing processes across equities, fixed income, derivatives, loans, and alternative investments. Engage directly with administrators, prime brokers, and other counterparties to ensure seamless operations. Contribute to process improvement initiatives, leveraging technology and AI tools for efficiency. Develop a broad understanding of trade booking, lifecycle events, reconciliation, and compliance protocols. Participate in a dynamic, growing firm with opportunities for professional development and advancement. Work in a hybrid environment, combining remote flexibility with on-site collaboration. Junior Hedge Fund Operations Key Responsibilities & DutiesManage daily trade booking and instrument setup, resolving trade breaks across multiple accounts. Support lifecycle event processing for various financial instruments, including equities and derivatives. Process wire requests and document signature requests accurately under tight deadlines. Reconcile daily cash and positions with fund administrators and service providers. Manage account openings, system setups, and connectivity with administrators and third parties. Handle KYC requests and audit inquiries, ensuring compliance with internal controls. Contribute to month-end close processes, reconciliations, and reporting activities. Identify opportunities to automate manual processes and collaborate with Technology teams for implementation.
Junior Hedge Fund Operations Job Requirements: Bachelor's degree in finance, accounting, economics, or a quantitative field. Minimum of 2 years of experience in operations, fund administration, or accounting. Proficiency in Excel and working knowledge of Bloomberg. Familiarity with equities, fixed income, derivatives, and alternative investments. Strong attention to detail and ability to perform under deadline pressure. Experience with hedge funds, asset management, or fund administration is preferred. Exposure to AI tools for analysis and reconciliation tasks is advantageous. Ownership mindset with problem-solving skills and minimal supervision required.

Also on the board Same function, level within a rung

Level

Junior

Location

New York, NY

Occupation

Financial Specialists, All Other

Industry

Portfolio Management and Investment Advice

Posted

4 days ago

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