About The Role
AlphaQuest is seeking an Associate, Investment Operations to join our finance team to help with numerous initiatives across trade operations. You will report into our Operations Technology Manager.
Duties And Responsibilities - Manage the full post-trade cycle, taking trades after execution to T0 trade matching/allocation to T1 reconciliations with brokers and administrators together with the Technical Operations Analyst
- Product exposure includes: global futures and FX, US equities, US treasuries
- Learn to operate our proprietary trade processing systems
- Ownership of end-of-day flash PnL reporting
- Day-to-day management of the administrator including: review the fund administrator’s NAV calculations and investor allocations, including expense accruals, financial statements, investor statements and transparency reports
- Conduct complex incentive fee calculations
- Assist with various operational and treasury process, including cash and collateral management between various PB’s, FCM’s and custodians
- Provide data and information to, and collaborate with, various internal groups (internal relations, compliance, trading, etc.) and external parties (investors, managed accounts, service providers, etc.) as requested
- Liaise with prime brokers on daily operational needs, in addition to monthly reporting requests and ad-hoc projects
- Work closely with Operations Technology Manager on various ad hoc projects
Experience And Skills
- Bachelor’s degree in accounting, finance, economics or related field
- 2+ years of experience in hedge fund operations or fund administration
- Passion for the financial markets and working with large volumes of data
- Capable of setting priorities and carrying multiple tasks in a fast-paced environment with strong attention to detail and the ability to adapt
- Ability to multi-task and work independently as well as in a team setting
- Self-motivated and proactive, with strong written, oral communication and interpersonal skills
- Proficiency in Microsoft Excel and ability to work with various systems (accounting, treasury, OMS, etc.). Experience working with business intelligence apps is a plus.
- Willingness to learn technical skills is a plus – SQL, Python
AlphaQuest will not accept unsolicited resumes from agencies for this role or any others.
The base range for this role is expected to be between $70,000 and $100,000. This does not include other aspects of compensation such as discretionary bonus and a competitive comprehensive benefits package. Actual compensation offered to a candidate will vary within the range above depending on factors such as qualifications, education, and skill level.
By submitting the application, you are consenting to AlphaQuest using your mobile phone number for SMS messaging.
About The Firm
AlphaQuest is a research-driven, alternative asset management firm headquartered in New York City with $2.3 billion in assets under management, focused on delivering truly uncorrelated investment strategies at the intersection of mathematics, data science and investing. Founded in 2001 by chief investment officer Nigol Koulajian, the firm manages assets on behalf of some of the world’s largest institutional investors. Through our collaborative approach to research, our team combines our values – intellectual humility, transparent collaboration, rapid prototyping and knowledge continuity – to improve our understanding of Alpha and tail risk, in an effort to develop quantitative investment strategies that benefit from short-term expansions in volatility and crowding, as well as longer-term shifts in the market regime. We continue to research and further broaden the application of our 25+ years of experience in measuring and capturing breakouts and breakdowns across global markets – to other asset classes, factors, investment strategies, and time frames. This includes novel ways to source convexity within futures and FX, individual equities, alternative markets, and other well-established systematic investment strategies. This research evolution has taken place while remaining faithful to one of our founding principles of delivering strong absolute returns that exhibit positive skew (right-tails).
