SS&C Technologies

Manager, Middle Office Operations

SS&C Technologies$78K — $160K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • BA in business/finance or related discipline
  • 7+ years in Back Office Operations at a Prime Broker, Hedge Fund, or related field
  • Experience with products like equities, fixed income, FX, and options
  • Familiarity with OTC products
  • Middle/Back-office experience in trade settlements and reconciliation

Responsibilities

  • Oversee daily operational activities in the middle office
  • Support hedge fund clients with various investment strategies
  • Build and maintain relationships with clients and counterparties
  • Manage cash and position reconciliation exceptions
  • Process management fees, fund subscriptions, and collateral wires
  • Run cash reports and confirm payments with counterparties
  • Train and review work of operations staff

Benefits

  • Medical, dental, and vision coverage
  • 401(k) plan with company match
  • Paid time off and holidays
  • Parental leave
  • Professional development reimbursement opportunities
Full Job Description
Job Description

Job Title: Manager, Middle Office Operations

Locations: New York, NYC (Hybrid)

About the Role

The Middle Office Operations Manager will play a key role in overseeing and optimizing the daily operational activities within our middle office. This position involves managing a team, ensuring the accurate and timely processing of trades, reconciliations, and other critical functions, and contributing to the enhancement of operational efficiency and risk management.

How You Will Make an Impact
  • Providing operational support to hedge fund clients engaged in various investment strategies
  • Building and maintaining client relationships, and serving as a liaison between clients and prime brokers/counterparties
  • Providing middle and back-office support for the following products: equity, fixed income, swaps, bank debt, contract for differences, futures, commodities, options, FX, mortgages and repos
  • Addressing and researching cash / position / Market Value reconciliation exceptions
  • Interacting with various internal GlobeOp departments such as Fund Accounting, OTC Operations, Investor Services and IT
  • Wire processing related to management fees, incentive fees, fund subscriptions and redemptions, and collateral
  • Running cash reports and confirming payments with counterparties
  • Reviewing work prepared by others
  • Training operations staff


Required Experience
  • BA in business/finance or related discipline
  • 7+ years' experience with Back Office Operations working for either a Prime Broker, Administrator, Hedge Fund, Mutual Fund, Investment Advisor or Financial/Retirement Planner
  • Prior experience with various products including equities, fixed income, repurchase agreements, futures, FX, Mortgages, options and working knowledge of Corporate Actions
  • Prior experience with OTC products
  • Middle/Back-office experience covering trade settlements, fail control, reconciliation of trade discrepancies, and client servicing


What Sets You Apart
  • Solid MS Excel knowledge
  • Prior experience working in a client service environment
  • Strong written and verbal communication skills


Join SS&C, where innovation meets global opportunities. Click here to apply.

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SS&C Technologies offers a comprehensive total rewards package designed to support your wellbeing, growth, and future. Our benefits include medical, dental, and vision coverage; a 401(k) plan with company match; paid time off, holidays, and parental leave; and professional development reimbursement opportunity.

Actual base salary will vary based on several factors, including but not limited to relevant skills, prior experience, education, demonstrated performance, and geographic location.

New York: The expected base salary for the position is between 78,000 USD to 160,000 USD.

In addition, employees in this role may be eligible for consideration on an annual basis for a discretionary bonus and/or equity awards, such as restricted stock units or stock options, based upon individual and business performance at the company's discretion.

Applications will be accepted on an ongoing basis until the position is filled.

About SS&C Technologies

SS&C Technologies is a provider of software products and software-enabled services to the financial services industry. The company's products and services are used by various financial institutions, including banks, hedge funds, private equity firms, and insurance companies. SS&C operates in three business segments: Institutional and Investment Management, Alternative Asset Management, and Insurance and Financial Services. The company was founded in 1986 and is headquartered in Windsor, Connecticut.
Learn more about SS&C Technologies
Size
24,900 employees
Market Cap
$13.1 billion
Industry
Net Income
$625.2 million
Founded
1986
5 Year Trend
+27.8%
Revenue
$4.6 billion
NASDAQ

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