Investment Operations

Our global Alternative Investment Management client is seeking to recruit a VP Trading Operations to provide hands-on operations and full life cycle trading support across multiple MBS trading desks.

Responsibilities:

• Provide hands-on operations and full life cycle trading support across multiple MBS trading desks
• Provide full life cycle support for all products traded daily across the MBS desks
• Book, reconcile and enter trading positions and ensure accurate settlement for all trading activity
• Work closely with counterparties, prime brokers, internal legal and tax teams and other key stakeholders to ensure proper legal structures, financing and settlements are met for new deals
• Work closely with trading desks on PnL analysis, liquidity analysis and ad hoc requests
• Maintain accounting records for SVPs
• Work closely with internal stakeholders and fund administrators on month end and PnL reconciliations and daily trade reconciliations
• Monitor operational risk
• Maintain data in the data warehouse system
• Develop and document standard fund allocations
• Work with internal stakeholders on process improvement and automation projects

Requirements:

• Bachelor’s Degree
• 7+ years of MBS back/middle office operations experience
• Demonstrated knowledge of traded products: mortgage whole loans, non-agency RMBS, CMBS, derivatives, repo and bespoke financing facilities, US treasuries, etc.
• Prior experience in the investment management industry strongly preferred
• Ability to consumer, analyze and synthesize large and complex data sets
• Advanced Excel skills
• Fundamental knowledge of general accounting concepts

Our elite Alternative Investment Management client is seeking to recruit an Investment Operations Associate to reconcile cash transactions, monitor cash balances for liquidity, and promptly resolve cash balance discrepancies across the investment operations framework.

Responsibilities:

• Reconcile cash transactions, monitor cash balances for liquidity, and promptly resolve cash balance discrepancies across the investment operations framework
• Reconcile book-side and bank-side cash transactions on a daily basis
• Proactively resolve all cash discrepancies and operational issues in a timely manner
• Assist with cash clearing and develop procedures to automatically clear cash breaks
• Identify and remedy differences between booked and actual cash balances
• Ensure accuracy of cash feeds and resolve discrepancies with counterparties as required
• Work closely with offshore team in India and oversee cash reconciliations, team training, team onboarding and fostering consistent collaboration with NY office
• Work closely with external fund administrators on cash and position reconciliations
• Assist with process improvement, cash reconciliation automation, operational risk and special projects

Requirements:

• Bachelor’s Degree
• 2+ years of sell-side or buy-side middle office or back office operations
• Proficiency with MS Office applications, particularly Excel
• Highly motivated with the ability to learn quickly
• Outgoing and personable with the demonstrated ability to interact effectively with senior management and offshore teams
• Strong attention to detail and strong project management skills
• Standard daily work hours: 9:00AM-6:30PM ET – ability and willingness to work overtime as required, particularly when there are daily cash reconciliation discrepancies