Job Description

A Hedge Fund in Florida is seeking an accomplished Hedge Fund Operations Manager to work full time in the Sunny Isles office. This is a critical role that interacts directly with traders, prime brokers, trading counterparties, accountants, and auditors.



Responsibilities

• Daily trade life cycle
• Trade processing, settlement coordination, and trade break reconciliation
• Reconcile cash, positions, profit and loss, accruals, receivables/payables
• Research, communicate, and solve trade breaks with prime brokerage teams and counterparties
• Affirm trade settlements for bilateral derivative transactions, including financing schedules
• Track all trade confirms and follow up with appropriate parties to resolve discrepancies
• Reconcile derivative margin calls and respond to counterparties
• Compile and compare interest rates, debit balances, and free cash to determine how to strategically move funds
• Summarize and review cash balances, margin excess, and short market value across several prime brokers and counterparties
• Track short rebates and work with trader to monitor changes
• Reconcile previous day profit and loss report to accounting system, and clarify any changes
• Retrieve month end statements, book interest and rebates in accounting system, and finalize cash and position reconciliations
• Perform other duties as needed

Qualifications:

• 3-7 years of relevant experience
• Bachelor's Degree in Accounting, Mathematics, and/or a similar field
• Investment industry knowledge and experience
• Hedge fund experience (fund accountant/operations)

Tandym Group

Job Tags

Full time,

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