Financial Operations Specialist

5 days ago


Chicago, Illinois, United States Ad Atlantic Full time
Job Title: Middle Office Specialist

Ad Atlantic is seeking an experienced Middle Office Specialist to join our team in Chicago. As a key member of our operations team, you will be responsible for ensuring the smooth execution of trading activities and maintaining accurate records.

Key Responsibilities:
  • Oversee daily trading affirmations, allocations, and reconciliation of market activity and cash accounts.
  • Collaborate with internal teams to resolve reconciliation differences and ensure accurate reporting.
  • Prepare and review internal performance estimates, including daily and monthly reports.
  • Monitor corporate action information and follow up with internal stakeholders and external counterparties.
  • Generate and review daily and monthly reports, including broker commissions, interest, margin, and performance statistics.
  • Monitor Fund service providers, including SLAs and KPIs.
  • Review month-end NAV calculations, complex master feeder structures, fee calculation, and managed account vehicles.
  • Cash management, including accounts payable, treasury management, counterparty margin requirements, trade settlements, and movements between Master Feeder structure to ensure compliance with company and fund policy and procedures.
  • Assist the risk management function in producing and reviewing daily and monthly reports pertaining to all three business lines.
Requirements:
  • Educated to degree level, ideally with a STEM background.
  • 1-5 years of experience working within a Hedge Fund.
  • Strong Excel skills, ideally VBA and/or SQL skills.


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