September 21, 2016

Hedge Fund Operations Specialist

Dynamics Associates - New York, NY

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  • Company
    Dynamics Associates Dynamics Associates
  • Location
    New York, NY
  • Job Type
  • Job Classification
    Full Time
  • Company Ref #
  • AJE Ref #
  • Number of Positions

Job Description

A top hedge fund is seeking an Operations Specialist who can work with portfolio management teams, fund administrators, traders and trading assistants to resolve all position and cash breaks. This top rated candidate will handle reconciliations, reporting, budgeting, trade lifecycles, data, and liaise with other teams to implement strategies for the firm.


* Preparing daily position and cash reconciliations between internalsystem, fund administrator and prime broker, clearing broker or custodian records
* Generating daily firm-wide margin and cash summary reports
* Booking and processing corporate actions in internalsystems
* Processing trade lifecycle events
* Liaising with prime brokers and counterparties on reconciling items and reporting improvements
* Generating and proactively monitoring operational management reports
* Maintaining data integrity and static data, including security master, account master, fee rules, and holiday calendar updates
* Working with Head of Operations, Head of Portfolio Finance, and CFO to coordinate internal and external position transfers and cash wire instructions
* Working with Head of Portfolio Finance to report financing balances by broker, execution commissions, wallet spend and other key metrics to senior management
* Maintaining internal control standards, monitoring for operational risk, and ensuring compliance with firm wide guidelines
* Assisting in the creation, development and testing of portfolio management team and operational technology
* Supporting key organization strategic initiatives to help in business improvements


* 1-4 years' experience in financial services
* Experience in prime brokerage margin and/or hedge fund liquidity and collateral management a plus
* Ability to effectively and proactively communicate with persons of any professional level
* Extremely detail oriented, with strong follow-up and willingness to go above and beyond
* BA or BS or equivalent