Clearing Operations Specialist

Posted: 3 weeks ago

About the role
An exciting opportunity for a candidate with middle and/or back office experience to join a hedge fund that invests in globally diverse investment products. The role is focused on all aspects of the trade's lifecycle, post execution, including trade break resolution, margin calls, allocation, corporate actions and settlement. The candidate will be a part of a small, nimble team reporting directly to the Head of Clearing/Exchange Operations with direct exposure to the senior management including Head of Operations, COO and CFO. Our teams work closely together to onboard new strategies/solve operational problems offering team members the ability to expand traditional skill sets (trade operations, scripting, etc).
The candidate will also interact daily with partner brokers and administrators. An ideal candidate will have great communication skills, high level of attention to detail, and the ability to work independently in a fast paced, multi-tasking environment. We offer competitive compensation and excellent benefits. The role is based in our Austin office.

Key responsibilities

  • Interact with administrators, exchanges and brokers
  • Reconcile daily broker information
  • Manage broker cash and margin call
  • Ensure appropriate broker trade risk settings
  • Process and investigate corporate actions
  • Produce daily internal reporting
  • Calculate and distribute monthly accruals to administrators
  • Increase operational efficiency and reduce risk via process improvement
  • Partner with product managers to onboard trades or expand existing trades
  • Manage front end fees

Minimum 3 years experience in middle, back office operations
Strong Core Java coding and OO design Skill
  • Postgres SQL or Transact SQL skills are preferred
  • Experience in Geneva or other portfolio account system is a plus
  • Experience in RSL report is a plus
  • Experience in equity and futures clearing operations is a plus
  • Excellent problem solving skills
  • Attention to detail
  • Strong communication skills
  • Bachelors degree in Engineering, Finance, Computer Science or similar specialty