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Hedge Fund Trade Operations Associate

2 months ago


New York, United States Selby Jennings Full time
Job DescriptionJob Description

Collaborating with a hedge fund and investment management firm headquartered in Connecticut, boasting additional offices across the US. Specializing in quantitative trading and alternative investments, the firm implements a variety of strategies, including statistical arbitrage, algorithmic trading, and machine learning techniques, to oversee investment portfolios across a range of asset classes.

They are seeking a Hedge Fund Trade Operations Associate responsible for ensuring timely trade confirmation and settlement through communication with portfolio managers, traders, brokers, and other stakeholders. This role includes managing daily deliverables and handling a range of trading and operational tasks. The associate will work closely with teams from Trading, Fund Accounting, Technology, and Risk to oversee the entire trade lifecycle across various asset classes, such as equities, exchange-traded and OTC derivatives, FX, and fixed income products.

Responsibilities

  • Assist with trade bookings, life cycle events, P&L inquiries, and daily reconciliations.
  • Handle trade allocations, affirmations, settlements, and options exercises/assignments.
  • Stay current on industry best practices to enhance operational policies and procedures.
  • Monitor third-party platforms (prime broker portals, administrator systems) for trade management.
  • Collaborate with Reconciliation and Control teams to ensure accuracy and resolve issues promptly to prevent financial or reputational risks.

Requirements:

  • Over 4 years of relevant experience.
  • Experience with futures delivery processing is a plus.
  • General knowledge of financial products (equities, fixed income, options, swaps, futures, foreign exchange) in domestic and global markets
  • Strong understanding of exchange-traded derivatives and fixed-income securities preferred.
Company DescriptionOperating as part of Phaidon International, Selby Jennings is a multi-award winning global recruitment organization focused on servicing the financial industry.

By breaking down financial markets into individual niches and micro-specialisms, Selby Jennings powers a knowledge-led model, delivering global solutions into local markets. Every consultant is an expert in their field. Structuring our teams to mirror the demands of our clients and candidates, we identify, qualify and present the highest caliber candidates, as well as identifying the best market opportunities for leading finance professionals.

We work in partnership with clients to tailor-make a suitable search model based on the type of assignment and client service level requirements, adopting a bespoke combination of solutions to ensure optimum reach into the active and passive market places.

From our offices around the world, we recruit beyond international boundaries, pro-actively sourcing the best talent in the industry. Across contingent, retained, and project solutions, our service is unrivaled; speaking to our level of service provision, search accuracy, and flexibility.Company DescriptionOperating as part of Phaidon International, Selby Jennings is a multi-award winning global recruitment organization focused on servicing the financial industry.\r
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By breaking down financial markets into individual niches and micro-specialisms, Selby Jennings powers a knowledge-led model, delivering global solutions into local markets. Every consultant is an expert in their field. Structuring our teams to mirror the demands of our clients and candidates, we identify, qualify and present the highest caliber candidates, as well as identifying the best market opportunities for leading finance professionals.\r
\r
We work in partnership with clients to tailor-make a suitable search model based on the type of assignment and client service level requirements, adopting a bespoke combination of solutions to ensure optimum reach into the active and passive market places.\r
\r
From our offices around the world, we recruit beyond international boundaries, pro-actively sourcing the best talent in the industry. Across contingent, retained, and project solutions, our service is unrivaled; speaking to our level of service provision, search accuracy, and flexibility.