Summary
NYC based Alternative Asset Manager is searching for a Middle Office Operations Associate!
Company Information:
- $10B AUM Alternative Asset Manager
- Hybrid work schedule based out of their Midtown, NYC office
- Excellent benefits, PTO policy, maternity/paternity leave
- 401k with company match
Job Description:
Trade Capture
- Ensure all potential trades are input into Bloomberg prior to execution
- Review Bloomberg pre-trade compliance check
- Allocate trades to correct strategy
- Produce end of day trade summary and review with traders/PM’s
- Collaborate with investment team on live basis monitoring portfolio exposure and positions.
- Execute transactions for our retail platform partners
Counterparty Management
- Track where all securities reside, by counterparty, particularly synthetics via
either Bloomberg or excel - Ensure proper unwind of all synthetics
- Work with executing brokers to distinguish between swap and physical settlement
Cash and Collateral
- Monitor all cash positions for compliance with vehicle restrictions
- Review all FX executions
- Review collateral accounts at all brokers and review all automated transfers
- Review margin reports for leverage limits
Reconciliations and Post Trade Follow Up
- Reconcile all cash, security, and synthetic positions on a daily basis with each custodian
- Work with executing brokers to resolve breaks and fails
- Coordinate with portfolio and risk team on client and regulatory reporting
Requirements / Qualifications:
Ideal candidates will have 2-5 years of Middle Office Operations experience out of a bank, fund, or fund administrator