Role:
- Trade lifecycle management – coordinating with Prime Brokers and other counterparties for daily trade reconciliation and cash settlement.
- Managing the daily fund transaction, position and cash reconciliations process to ensure timely resolution of trade booking errors and for resolution of matching & settlement issues.
- Maintenance and ownership of the firm’s internal book of records, including the production of internal NAV estimates.
- Coordinating with fund admin and brokers on trade reconciliations and monthly NAV calculations.
- Coordinating with other third party service providers (e.g. auditors, accountant).
- Monitoring & reporting of counterparty exposure, including collateral and risk management.
- Monitoring the funds’ financing terms and taking action to optimise financing.
- Calculating and instructing Share Class FX hedges and attribution of return divergences.
Requirements:
- Minimum of 8 years back / middle office operations experience with a hedge fund, or hedge fund administrator.
- Experience with operational automation in relation to a high trade-flow quantitative hedge fund.
- Ability to lead a team of operations staff and to promote operational and compliance best practices.
- Strong communication abilities – ability to represent the firm’s operations function for operational due diligence exercises with clients, counterparties, service providers and regulatory authorities.
- Hands-on experience in back-office functions including reconciliations, trade booking, custodian settlements, valuation and NAV estimates.
- Well versed with futures, cash equities and equity derivatives.
- Experience of transaction matching and confirmation for listed & OTC derivatives transactions.
- Experience of corporate actions management would be beneficial.
- Experience with AML / KYC would also be of benefit.