Alternative Direction

< Back to SearchHedge Fund - Operations Analyst (1-2 years) (VAC-10899)

London/Greater London
Salary: £-0k

Are you looking for a role in a fast paced and dynamic entrepreneurial environment? This role is with a multi billion dollar fund in the West End who has continued to grow in terms of AUM and expand funds and product range in recent years.

The role requires someone with strong overall understanding of the typical operations infrastructure and will work in a close knit team and offer excellent exposure across all functions of the fund. 

Job description

Post trade processing of all portfolios
• Manage proactively the lifecycle of the transactions initiated by trader for a smooth settlement
• Reconcile cash, positions, market values and transactions for all funds and separately managed accounts
• Liaise with custodians and brokers to solve settlement issues
• Cash management on funds and separately managed accounts
• Process corporate actions for all fund and mandates
• Accruals monitoring and booking when applicable
• Monitor price feeds and reconcile to external sources
• Maintain high STP rate and propose process enhancements when applicable.

Handle derivatives related matters
• Book and reconcile P/L and margin account movements against custodians and Prime Brokers
• Recalculate custodian/Prime Broker margin movements.

First level compliance and risk 
• Monitor guideline breaches on trading system
• Monitor resolution of guidelines breaks.

Month end checks and portfolio processing
• Prepare liquidity reports
• Prepare month end client reporting to clients/fund admin
• Reconcile performance data between internal and external sources
• Process swap resets
• Reconcile and resolve outstanding breaks
• Reconcile payments for Commission Sharing Agreements and Finance
• Computation of monthly VAR for funds and managed accounts. 

Handle other Ops related matters and support other staff members
• On boarding from an ops perspective of new clients/funds
• On boarding of new accounts, brokers and custodians 
• Handling of ad hoc ops related requests from other staff members.

Candidate Skills 
• Finance/Economics Degree from top University 
• 1-2 years’ experience gained from Hedge Fund or Asset Management environment
• Trade Processing/Reconciliations experience
• Excellent product knowledge to include equities, CFDs
• Excellent IT skills including Excel, preferably to basic macros standard, with VBA an advantage
• Proactive – enjoy enhancing processes, initiating new initiatives/ideas 
• Rigorous, organised and structured in your day to day working
• Positive outlook and personality and ability to deal with deadlines, stressful situations
• This role would suit an efficient self starter who enjoys working in a small team and company. Must be able to use own initiative to resolve operational and technical issues, most importantly to be proactive when faced with problems.