Job DescriptionJob Description
Senior Associate - Manager , Middle Office Operations
Locations: NYC | Palm Beach Gardens, FL| Hybrid
About the Role
We are seeking Senior Assoicates, Associate Managers, and Managers for Middle Office Operations! You will play a key role in supporting complex operational functions for hedge fund clients through SS&C27s partnership with Lighthouse Investment Partners, LLC, a$20 billion AUM asset management firm. You27ll take on increased responsibility in managing trade lifecycle activities, resolving reconciliation exceptions, and ensuring the accuracy of cash, positions, and market values.
In this role, you will act as a primary point of contact for clients and counterparties, building strong relationships while collaborating with internal teams to drive timely and accurate execution of operational processes. This is an excellent opportunity to deepen your product knowledge, strengthen your analytical and client service skills, and contribute to a high-performing team in a fast-paced, global environment.
How You Will Make an Impact
- Providing operational support to hedge fund clients engaged in various investment strategies ex. Real Estate Investment Trust (REIT), Private Equity, Global Macro, Fixed Income, Mortgage, Credit, Distressed, Long/Short, Risk/Stat/Arbitrage, Emerging markets and Fund of Funds
- 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 daily margin and collateral requirements and working with portfolio finance and sub-advisor personnel to validate actions to be taken
- Providing operations support to internal risk team in monitoring daily risk guidelines and researching potential risk guideline breaches
- Reviewing and approving position level profit and loss and net asset value calculations delivered by fund accounting team on a daily basis
- Reviewing and approving official Monthly Net Asset Value workbook containing supporting documentation used in the determination of the final NAV and profit and loss
Required Experience
- 2+ years experience with Back Office Operations working for either a Prime Broker, Administrator, Hedge Fund, Mutual Fund, Investment Advisor or Financial/Retirement Planner
- Middle/Back office experience covering trade settlements, fail control, reconciliation of trade discrepancies, and client servicing
What Sets You Apart
- 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
- Solid MS Excel knowledge
- Prior experience working in a client service environment
- Strong written and verbal communication skills
- BA in business/finance or related discipline
Unless explicitly requested or approached by SS&C Technologies, Inc. or any of its affiliated companies, the company will not accept unsolicited resumes from headhunters, recruitment agencies, or fee-based recruitment services.
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 $65,000 USD to $115,000 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 company27s discretion.
Applications will be accepted on an ongoing basis until the position is filled.
