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
- Desire to learn and embrace new technology
