Operations Analyst

2 months ago


London, UK, United Kingdom Orla Rose Associates Full time

Hedge Fund Operations


Orla Rose Associates is partnering with Hedge Fund based in the City Of London.


Job Summary:

We are seeking a detail-oriented and motivated Hedge Fund Operations Clerk with a focus on equities to support the operational activities of our hedge fund. The ideal candidate will be responsible for ensuring the smooth and efficient processing of equity trades, settlement procedures, and reconciliation tasks. This role is essential in maintaining operational accuracy, mitigating risks, and supporting the front office with timely and precise trade execution.


Key Responsibilities:


  • Trade Processing and Settlement:
  • Process equity trades (buy/sell) from execution through to settlement.
  • Liaise with brokers, custodians, and other third parties to ensure accurate trade confirmations and settlements.
  • Monitor and resolve any trade discrepancies, fails, or breaks in a timely manner.
  • Reconciliation:
  • Perform daily and monthly reconciliations of cash, positions, and trades between internal systems and external counterparties.
  • Investigate and resolve any breaks in reconciliations, working closely with internal teams and external partners.
  • Corporate Actions and Dividends:
  • Monitor and process corporate actions, dividends, stock splits, and other related equity events.
  • Ensure timely and accurate booking of all events in the system.
  • Compliance and Regulatory Reporting:
  • Ensure compliance with all relevant regulations (e.g., SEC, FINRA) and internal policies.
  • Assist in the preparation of regulatory and compliance reports as needed.
  • Risk Management:
  • Support the risk management team by identifying operational risks and helping to implement processes to mitigate them.
  • Proactively identify potential operational inefficiencies and suggest improvements.
  • Data Management:
  • Maintain accurate and up-to-date records of all equity trades, positions, and corporate actions.
  • Update and maintain the fund’s portfolio management system and ensure all data is reconciled and validated.
  • Client and Internal Reporting:
  • Assist with the preparation of daily, weekly, and monthly reports for clients, senior management, and auditors.
  • Provide ad-hoc reports and support to the front office as needed.


Qualifications:

  • Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
  • 1-3 years of experience in hedge fund operations, preferably with a focus on equities.
  • Strong knowledge of equity markets, trading processes, and settlement cycles.
  • Experience with trade settlement platforms and portfolio management systems.
  • Proficient in Microsoft Excel; experience with SQL or VBA is a plus.
  • Strong analytical and problem-solving skills with attention to detail.
  • Excellent communication skills and ability to work collaboratively across teams.
  • Ability to work in a fast-paced environment and meet tight deadlines.


Benefits:

  • £45,000 and performance-based bonuses.
  • Comprehensive health and retirement benefits.
  • Opportunities for professional development and career advancement.


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