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Associate Manager- Middle Office/Back Office in Harrison, NY at AccruePartners

Date Posted: 9/12/2017

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Harrison, NY
  • Job Type:
    Other
  • Experience:
    Not Specified
  • Date Posted:
    9/12/2017

Job Description

WHO OUR CLIENT IS:

  • A leading fund administrator that provides a wide variety of financial technology products and services under a public, independent single platform.
  • Client offers complete life-cycle capabilities from hedge funds, fund of funds, private equity funds, family wealth offices.
  • Global team of 7,000 associates with a leadership team and Managing Directors who are focused on development of their team. 
  • 10,000 financial services organizations, from the world’s largest institutions to local firms, manage and account for their investments using
  •  Established name brand in the fund industry offering stability and growth opportunities.

WHY YOU SHOULD CONSIDER THIS OPPORTUNITY:

  • The company as grown ~30% every year for the past 6 years and is showing no signs of slowing down.
  • Great benefits; medical, dental, vision, life, short-term, long-term disability, flexible spending, tuition reimbursement, 401k
  • Clients are some of the best, brightest and most innovative private equity fund managers in the industry today. 
  • The opportunity to be part of a company in an exciting time of growth and expansion- over 40% growth this year expecting at least 25% in 2017.
  •  Exceptional bonus programs at all levels of the organization.
  • Opportunity to work with SVP's/Managing Directors allowing for exposure and mentorship within the organization. 

Location: 

  • Westchester County

DAY TO DAY RESPONSIBILITIES INCLUDE BUT ARE NOT LIMITED TO:

  • Providing operational support to hedge fund clients engaged in various investment strategies ex. 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/counter parties
  • 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  departments such as Fund Accounting, OTC Operations, Investor Relations and IT
  • Wire processing related to management fees, incentive fees, fund subscriptions and redemptions, and collateral
  • Running cash reports and confirming payments with counter parties
  • Reviewing work prepared by others
  • Training operations staff

PROFILE FOR BEST SUCCESS INCLUDES:

  • Bachelors Degree  in business/finance or related discipline
  • 4-6 years’ experience with Back Office Operations working for either a Prime Broker, Administrator, Hedge Fund, Mutual Fund, Investment Adviser or Financial/Retirement Planner
  • Prior experience with various products including equities, fixed income, repurchase agreements, futures, FX, Mortgages, options and working knowledge of Corporate  Back office experience covering trade settlements, fail control, reconciliation of trade discrepancies, and client servicing
  • Prior experience working in a client service environment
  • Strong written and verbal communication skills