Middle Office Sr. Associate
Job Location:
Raleigh, WV - USA
Monthly Salary:
Posted:
Application Deadline:
Vacancies:
Job Summary
At HedgeServ were redefining whats possible in fund administration. With more than $700 billion in assets under administration we partner with the worlds most forward-thinking investment managers across private equity private credit endowments hedge funds and more to deliver seamless tech-enabled solutions that drive performance.
Our proprietary platform enhanced by machine learning and robotic process automation gives clients real-time insights and unmatched control over their operations. Alongside our technology we offer award-winning service through our team-based approach -- led by a deeply experienced team of industry experts. Our solutions span the full investment lifecycle including fund accounting middle office risk compliance tax and investor services.
Were a future-focused company empowering our people through a robust career development framework clear career trajectories with structured learning paths training and progression plans. We invest in leadership development and in our collaborative culture creating space for talent to grow. Our corporate values Relationships Support Innovation and Expertise create a sense of shared purpose and belonging and we recognize our employees sit at the core of our success. We continue to innovate and evolve through our employees working together to achieve our shared vision and mission.
HedgeServ supports employees through a variety of offerings including remote and hybrid working arrangements and fully paid comprehensive health and well-being benefits. Weve been recognized as an employer of choice earning a top 100 workplaces designation.
Founded in 2008 HedgeServ has grown into a global organization with over 2000 experts across the globe with offices in the United States Grand Cayman Ireland Poland Bulgaria Luxembourg the Philippines and Australia. Weve earned numerous accolades including Top Overall Administrator along with #1 rankings for providing alternative asset services in Accounting Technology Client Service Investor Services Alternative Fund Expertise Reporting and Regulatory Expertise.
As we continue through a period of growthHedgeServis searching for future leaders who can make an immediate impact on our already successful team. Were seeking college graduates who are decisive energetic and self-starting.
The Middle Office team performs trade support activities required by our hedge fund and private equity client base. This includes electronic trade/deal capture confirmation/affirmation of activity settlements cash and collateral management t1 break resolution technology development and valuations processing. This position typically exposes the candidate to a wide range of financial markets and tradeable products including highly complex derivative instruments.
A successful candidate will assume considerable responsibility within six to twelve months serving as the primary point of contact on client relationship(s) helping on-board new clients with the guidance of senior team members and participating in cross-team projects all being possibilities.
Role Responsibilities
- Provide trade support for multi-billion dollarhedge funds where primary responsibilities include: trade capture confirmation/affirmation reconciliation operational reporting and ad-hoc client queries
- Assist in supporting esoteric OTC documentation process as well as our settlements process asneeded
- Apply client specific pricing affirmations to accurately value theirportfolio
- Work with the client internal teams and brokers to ensure daily cash and position reconciliations are being completed efficiently to mitigate risk and meet clientdeliverables
- Monitor and process all productlife-cycleevents
- Institute innovative technological solutions to solve client requests in conjunction with our business developmentteam
Pre-Requisite Knowledge Skills and Experience
- 2-5 years of experience in a middle office or trade support role
- Industry platform knowledge:MarkitWireDerivServ Markit Trade Manager TRMTraianaHarmony Bloomberg DTCC/Icelink PB Portals is a plus.
- Exposure to various financial products. Complex products a plus. Examples: Mortgage Backed IRS Swaptions Basis Swaps Variance/Volatility Swaps FX Options TRS Futures CDS Equities Options Bonds/REPOs
- Intermediate level of Excel isrequired
- Clear and persuasive communicators who can articulate their actions identify root causes and suggest improvedideas
- Desire to learn and embrace newtechnology
Required Experience:
Senior IC
About Company
HedgeServ provides fund administration services to all types of private funds, family offices, and endowments.
