Balyasny Asset Management L.P.

Associate, Middle Office - US Equity

Balyasny Asset Management L.P.$80K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Technical, business, or relevant finance degree required
  • 2-3 years of experience in investment banking, fund administration, asset management, or hedge funds
  • Knowledge of equity markets, swaps, equity options, and futures necessary
  • Strong communication skills for interactions with senior management and cross-functional teams
  • Project management proficiency with multitasking capability

Responsibilities

  • Serve as primary contact for portfolio managers on PnL and trading inquiries
  • Manage the entire trade lifecycle including booking, settlement, and break resolution
  • Collaborate across departments to implement systems and processes that reduce risk
  • Monitor corporate actions using Arcesium and communicate options to portfolio managers
  • Confirm special option activities with traders weekly and relay information to prime brokers
  • Work within the global middle/back office team to improve processes and enhance efficiency

Benefits

  • Comprehensive health and wellness benefits
  • Opportunities for professional development and growth
  • Dynamic and inclusive work culture
  • Access to innovative technology and resources
  • Participation in large-scale initiatives and projects
Full Job Description
ROLE OVERVIEW

Balyasny Asset Management is seeking a Middle Office, Associate for the Listed Operations team. The employee will assist traders and portfolio managers with a wide variety of trade related and portfolio PnL questions. In addition to working closely with various departments such as compliance, technology, back office, and large-scale initiatives on requirements, gathering information, testing and implementation of firm initiatives.

In the role of Middle Office, Associate for the Listed Operations team the employee will be responsible for the following:
PM Focus - primary point of contact for a set of portfolio managers on various inquiries related to PnL, trading activity, corporate actions, etc.
Trade Lifecycle Management - From trade booking, settlements, break resolution, team is responsible for ensuring trades are matched and settled in timely manner
Cross Department Collaboration - work with members of various other BAM teams such as Compliance, Large Scale Initiatives, Back Office and trading on system and process implementation to mitigate firm risk
Corporate Actions - using Arcesium reporting, monitor upcoming voluntary corporate actions across the portfolio and communicate election options to respective PM's and then make elections across various PB websites
Option Expiration - work with trading desk on a weekly basis to confirm any special option activity and communicate this to prime brokers and Arcesium
Global Middle/Back Office Team - as part of global MBO team, work together to identify and resolve gaps in process to minimize firm risk, streamline processes and build efficiencies

QUALIFICATIONS & REQUIREMENTS
• Technical, business, or relevant finance degree
• 2-3 years of relevant work experience in an investment bank, Fund Admin, Asset Manager, or Hedge fund
• Working knowledge of equities, swaps, equity options and futures
• Ability to effectively communicate with senior managers and members of other teams
• Good project management skills and ability to multi-task

About Balyasny Asset Management L.P.

Balyasny Asset Management L.P. is a global investment firm that manages hedge funds and private investment funds. The company was founded in 2001 by Dmitry Balyasny and is headquartered in Chicago, Illinois, with additional offices in New York, London, Hong Kong, and Singapore. Balyasny Asset Management L.P. employs a multi-strategy approach to investing and focuses on generating alpha through a combination of fundamental analysis and quantitative research. The company has a strong track record of performance and has received numerous awards for its investment strategies.
Learn more about Balyasny Asset Management L.P.
Size
1,000 employees
Industry
Net Income
$200 million
Founded
2001
5 Year Trend
+20%
Revenue
$1 billion

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