Our client is a global investment firm. They seek a Senior Operations Associate/Manager to join their Manhattan, NY office.
Responsibilities
Direct operational oversight of structured credit, repos, secondary loans, and other complex credit and fixed-income instruments
Develop and scale cash and position reconciliation procedures, including oversight of daily reconciliations, break resolution, and controls around books and records
Serve as primary liaison with fund administrators and prime brokers, ensuring accuracy in reporting, cash flows, and P&L across portfolios
Oversee fund-level and portfolio-level P&L reporting; sign off on nightly performance
Collaborate with the accounting team on entity setup and operational infrastructure
Manage and mentor junior operations team members and overseas support teams
Lead onboarding and operational readiness for new counterparties, financing agreements, and leverage facilities
Evaluate and implement new systems, processes, and tools to support fund growth and complexity
Requirements
Bachelor’s degree in Finance, accounting, or related field
7-10 years of experience in fund operations, middle office, or fund administration
Hedge fund, credit manager, or private fund experience required
Experience building cash and position reconciliation processes
Understanding of fixed income products such as public and private debt, corporate bonds, CDS, structured credit, and financing facilities
Direct experience managing P&L processes and working with fund admins on NAV and allocations
Project management experience
Highly organized
Excellent communication skills and confidence working directly with senior internal and external stakeholders
Strong working knowledge of systems such as FIS VPM (or similar PMS), IVP (or similar Data Warehouse), PortfolioBI OMS, Citco suite, reconciliation platforms, CTM/ALERT, derivative systems (IceLink, Markitwire, TradeServ, CME, etc.)
