Job Description

Job Description

Rapidly Growing Hedge Fund is seeking a Prime Brokerage Operations Associate!

Responsibilities

\n
• Supporting front-to-back trade execution, ensuring smooth and accurate trade processing, and facilitating seamless interaction between trading, portfolio management, counterparties, and custodians
\n
• Own the end-to-end processing of in-kind security movement via DTC
\n
• Coordinating directly with custodians, prime brokers, and counterparties to ensure accurate delivery and receipt.
\n
• Support high-volume, systematic trading driven by TLH rebalancing and harvesting events.
\n
• Perform daily reconciliations across trades, positions, cash balances, and tax lots at the account level
\n
• Ensure accurate tax lot and cost basis preservation across every in-kind transfer, partnering with PMs and Fund Administrators to confirm lot-level detail carries through correctly
\n
• Investigate and resolve DTC transfer rejects, breaks, and delivery/receipt discrepancies in real time, escalating promptly to avoid settlement or tax reporting impact
\n

Qualifications

\n
• Bachelor's Degree
\n
• 4-7 years experience trading operations or fund operations at a Prime Brokerage firm or asset manager
\n
• 2+ years experience with DTC
\n
• 2+ years experience with Cost Basis
\n
• Understanding of the trade lifecycle
\n
• Previous experience working with Prime Brokers on daily reconciliations
\n

Job Tags

Similar Jobs