HedgeServ - Middle Office Senior Associate, application via RippleMatch at RippleMatch Opportunities

Dallas, Texas, United States -

Full Time

Start Date

Immediate

Expiry Date

23 Jan, 26

Salary

0.0

Posted On

25 Oct, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Trade Support, Cash Management, Collateral Management, Reconciliation, Operational Reporting, Client Communication, Pricing Affirmations, Financial Products, Excel, Technological Solutions, OTC Documentation, Valuations Processing, Break Resolution, Cross-Team Collaboration, Risk Mitigation, Client Onboarding

Industry

technology;Information and Internet

Description

This role is with HedgeServ. HedgeServ uses RippleMatch to find top talent. HedgeServ is a leading global fund administrator with more than $450 billion in assets under administration across all investment vehicles including Hedge Funds, Private Equity Funds, UCITS, Hybrid Credit Managers, Funds of Funds and Managed Account Platforms. We optimize our clients’ experience using unique proprietary technology coupled with robotic process automation, intuitive digital programs powered by machine learning, and enhanced by an extensive proprietary transaction data set. HedgeServ’s entrepreneurial and innovative spirit cultivates a productive and agile environment enabling its team to anticipate clients’ needs and consistently deliver solutions in real time. Led by the most experienced team of industry experts, HedgeServ with 1,500+ professionals around the globe expertly provides customizable solutions for their clients’ risk, portfolio management, middle office, investor relations, accounting, regulatory, compliance, and tax services. Since its inception in 2008, HedgeServ has received numerous accolades, including Top Overall Administrator and #1 rankings for Fund Accounting, Reporting & Reporting Technology, Client Service, Investor Services, Alternative Fund Expertise, and Regulatory Expertise. HedgeServ is a progressive company with continuously evolving ways of working to ensure a future-focused mindset. Our employees benefit from a robust career development framework and clear learning paths which outline career trajectory, training and progression plans. HedgeServ supports employees through a variety of offerings, including remote and hybrid working arrangements, and fully paid comprehensive health and well-being benefits. HedgeServ was recognized as a Next Gen employer by RippleMatch on its list of 100 top workplaces for Generation Z for 2022. HedgeServ operates 13 offices in the United States, Grand Cayman, Ireland, Poland, Bulgaria, Luxembourg, Philippines and Australia. Job Description As we continue through a period of growth, HedgeServ is searching for future leaders who can make an immediate impact on our already successful team. We're 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, t+1 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 dollar hedge 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 as needed Apply client specific pricing affirmations to accurately value their portfolio Work with the client, internal teams and brokers to ensure daily cash and position reconciliations are being completed efficiently to mitigate risk and meet client deliverables Monitor and process all product life-cycle events Institute innovative technological solutions to solve client requests in conjunction with our business development team Pre-Requisite Knowledge, Skills, and Experience 2-5 years of experience in a middle office or trade support role Industry platform knowledge: MarkitWire, DerivServ, Markit Trade Manager, TRM, Traiana Harmony, 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/REPO’s Intermediate level of Excel is required Clear and persuasive communicators, who can articulate their actions, identify root causes, and suggest improved ideas

Responsibilities

The Middle Office team performs trade support activities for hedge fund and private equity clients, including trade capture, confirmation, and cash management. The role involves significant responsibility and client interaction within the first year.