Operations Associate

at  METRICA PARTNERS PTE LTD

We are a Hedge Fund Manager with a Capital Markets Services License looking for an Operations Associate who will be a key member of the operations team assisting with the middle and back offices of our hedge fund and will report directly to the Operations Manager. Responsibilities will include working with our prime brokers, fund administrator and managed account providers.

REQUIREMENTS:

Bachelor’s degree in Finance, Accounting or related field.
Minimum 2 years of experience within hedge fund operations or investment operations within the financial services industry.
Excellent analytical, problem-solving, attention to detail and ability to work independently as well as in a team.
Ability to multitask and prioritize in a fast-paced environment

1. Risk Management

• Conduct daily checks on margin and cashflows.
• Execute funding or cash transfers when necessary.
• Collaborate with the front office to ensure accurate end of day PnL.

1. Trade Processing

• Review trade confirmations from brokers, resolving any discrepancies promptly.
• Coordinate trade settlement with counterparties and prime brokers to ensure timeliness and accurate.
• Process monthly swap resets trades effectively.

1. Compliance

• Perform daily checks on various compliance reports such as risk limits.

1. Reconciliations

• Conduct daily reconciliations of trades, positions, cash balances.
• Investigate and resolve reconciliation breaks promptly.

1. Corporate Action Management and Adjustments

• Address various events requiring adjustments or additional actions such as booking corporate actions (such as tenders, mergers, or stock splits), trade amendments and GL entries.

1. Reporting

• Compile and report monthly Fund’s performance to various databases.
• Update brokers’ fees spreadsheet on a monthly basis.

1. Operational Support and Process Improvements

• Provide operational support to internal teams.
• Identify opportunities to streamline operational workflows and enhance efficiency.
• Maintain effective communication with prime brokers, custodians, administrators, and other external service providers.

1. Month-end close

• Preparation of month-end closing process for different funds.
• Collaborate with different fund administrators to perform reconciliation checks and analysis to ensure accuracy and completeness of month-end financial information of different funds’ portfolios.

1. General Operations