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Hudson Gate Partners · 3 weeks ago

Hedge Fund Operations Associate-250k

New York, NY

Full-time

Onsite

Mid, Senior Level

$175K/yr - $275K/yr

5+ years exp

Hudson Gate Partners is a multistrategy hedge fund with a family-like culture that is growing and provides stability. They are seeking a Hedge Fund Operations Associate to support portfolio operations, focusing on trade settlements, allocations, and reconciliations with Prime Brokers.

AccountingConsultingHuman ResourcesRecruitingStaffing Agency

Hiring Manager

Dawn Magnotta

Responsibilities

Ensure accurate booking of all trade and non-trade related activities daily at our client's Prime Brokerage and ISDA counterparts, Lindens internal shadow books and records and our official books and records held by our Administrator. These activities include daily trades, securities settlement, position and cash transfers, corporate actions, dividends, interest postings, paydowns and financing. Activities are across various asset classes

Processing of daily trades from trade blotter to internal records, counterparts, and administrator to ensuring accurate and timely booking

Processing of daily pricing internally to our client's Accounting system and ensuring accurate and timely distribution of our client’s End of Day Profit and Loss summaries

Review daily Prime Broker cash and position reconciliations, identifying and resolving actionable items

Review of collateral shortfalls or excesses at ISDA counterparties

Confirming and settling OTC related settlements and activities

Reviewing security set ups for proper interest and financing accruals

Maintain working relationships with 10 Prime brokers and 25 OTC counterparts to facilitate the efficient processing and resolution of trade and non trade related inquiries

Work with potential new counterparts on new account setups, trade files and other distributions of information across necessary parties at both the administrator and internally

Communicate regularly with our client's teams on requests for information, such as front office traders, compliance, risk, accounting and investors relations

Qualification

Hedge Fund OperationsTrade ProcessingSecurities SettlementsOTC SecuritiesDerivatives KnowledgeRelationship ManagementCommunication Skills

Required

5 years of experience in Hedge Fund Operations, including trade processing and settlements for listed and OTC securities and derivatives

Knowledge of various security types and how they function, including, Equities, Bonds, Convertible Bonds, Various types of Swaps, Forwards, Options, Warrants, Units and SPAC