HedgeServ is a leading global fund administrator with more than $450 billion in assets under administration across all investment vehicles including Hedge Funds, Private Equity Funds, UCITS, Hybrid Credit Managers, Funds of Funds and Managed Account Platforms. We optimize our clients’ experience using unique proprietary technology coupled with robotic process automation, intuitive digital programs powered by machine learning, and enhanced by an extensive proprietary transaction data set. HedgeServ’s entrepreneurial and innovative spirit cultivates a productive and agile environment enabling its team to anticipate clients’ needs and consistently deliver solutions in real time. Led by the most experienced team of industry experts, HedgeServ with 1,500+ professionals around the globe expertly provides customizable solutions for their clients’ risk, portfolio management, middle office, investor relations, accounting, regulatory, compliance, and tax services. Since its inception in 2008, HedgeServ has received numerous accolades, including Top Overall Administrator and #1 rankings for Fund Accounting, Reporting & Reporting Technology, Client Service, Investor Services, Alternative Fund Expertise, and Regulatory Expertise.
HedgeServ is a progressive company with continuously evolving ways of working to ensure a future-focused mindset. Our employees benefit from a robust career development framework and clear learning paths which outline career trajectory, training and progression plans. HedgeServ supports employees through a variety of offerings, including remote and hybrid working arrangements, and fully paid comprehensive health and well-being benefits. HedgeServ was recognized as a Next Gen employer by RippleMatch on its list of 100 top workplaces for Generation Z for 2022. HedgeServ operates 13 offices in the United States, Grand Cayman, Ireland, Poland, Bulgaria, Luxembourg, Philippines and Australia.
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 professionals with three to seven years of experience who are decisive, energetic, and self-starting.
Job Description
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. In addition to overseeing the work of more junior members of the team and participating in their mentorship.
Role Responsibilities
- Work with the client, internal teams and brokers to ensure daily cash and position reconciliations are being completed efficiently to mitigate risk
- Mentor junior staff on various financial products as well as process improvement
- Maintain strong relationships with trading parties, internal and external stakeholders
- Institute innovative technological solutions to solve client requests in conjunction with our business development team
- Monitor and process all product life-cycle events
- Work on strategic initiatives and light project work
Pre-Requisite Knowledge, Skills, and Experience
- 3-7 years of experience in a middle office or trade support role
- Exposure to various financial products is a plus: IRS, Swaptions, Basis Swaps, XCCY Swaps, Variance/Volatility Swaps, FX Options(exotics), TRS, Futures
- Self-motivated team player with a client-service oriented approach
- Very strong excel skills with a mind for process improvement and automation
- Proven problem-solving ability
- Desire to learn and embrace new technology
