Operations Associate

2 months ago


New York, New York, United States Engineers Gate Full time

About the Role

Engineers Gate (EG) is a leading systematic quantitative investment company which operates globally. We are a team of researchers, engineers, and financial industry professionals using statistical models to generate superior investment returns. EG's investment teams are supported by the firm's proprietary, state-of-the-art technology and data platform. We are passionate about implementing scientific and mathematical methods to explore and solve problems in the global financial markets.

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 Engineers Gate 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 Responsibilities

  • New York working hours with workday normally starting around 7:30-8am ET
  • Reconciling and resolving position and P&L breaks on T+0 post-trade through T+1 and after
  • Chasing executing brokers and counterparties for any firm wide breaks across asset classes
  • Coordinating with fund administrator, prime brokers, counterparties, and vendors
  • Maintaining and monitoring the firm's centralized positions, prices and P&L and data warehouse
  • Processing 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 financing
  • Recording and tracking data contract subscriptions, renewals, and their costs
  • Acting as central coordinator for team inbox to ensure all emails are assigned
  • Creating and maintaining FX exposure summaries and reconciliations
  • Preparing risk and regulatory reporting
  • Maintaining and improving highly automated processes to maximize operating efficiency
  • Facilitating ad hoc requests from teammates, PM teams and across all internal teams

Required Skills, Qualifications and Experience

  • 0-3 years of finance experience
  • University degree or directly transferrable and applicable professional experience
  • Ability to work collaboratively and communicate effectively
  • Ability to work efficiently and quickly
  • Ability to follow internal controls and policies

The salary for this role is anticipated to be around $65K. This does not include any potential bonus amounts, other forms of compensation, or benefits offered. Actual compensation for successful candidates will be carefully determined based on a number of factors, including the candidate's skills, qualifications, education and experience.


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