Verition Fund Management LLC ("Verition") is a multi-strategy, multi-manager hedge fund founded in 2008. Verition focuses on global investment strategies including Global Credit, Global Convertible, Volatility & Capital Structure Arbitrage, Event-Driven Investing, Equity Long/Short & Capital Markets Trading, and Global Quantitative Trading.
Job Title: Hedge Fund Trade Operations Associate - TRS
Key Responsibilities:
- Work closely with Trading, Fund Accounting, Technology, and Risk teams with managing all trade lifecycle events for an array of asset classes with a primary focus on Total Return Swaps
- Assist with swap resets, trade bookings, corporate action processing, support on P&L inquiries, and daily reconciliations for Geneva
- Review daily transaction, position, and cash reconciliations for TRS products
- Identify process gaps, work with internal and external resources to create detailed requirements to solve issues
- Grasp big picture objectives to help senior management streamline workflows and minimize operational risk
- Develop and maintain strong working relationships with both internal and external stakeholders;
- Perform adequate due diligence to completely resolve all issues, in a timely manner, in order to avoid any financial or reputational impact;
- Maintaining up-to-date knowledge of industry best practices to further develop effective operational policies and procedures;
- Performing other duties as may be requested by senior management.
Requirements:
- Undergraduate degree; preferably with a concentration in finance, economics, or related discipline
- Knowledge of Geneva preferred
- Several years of relevant work experience
- General knowledge of and familiarity with financial instruments (i.e. equities, fixed income, options, swaps, futures, FX) within both domestic and global securities markets
- Ability to communicate professionally and effectively with both internal and external stakeholders
- Self-starter with excellent analytical and problem solving skills
- Strong attention to detail
Salary Range: $85,000 USD - $125,000 USD
