What are the responsibilities and job description for the Hedge Fund Operations/Accounting Associate position at Hudson Gate Partners?
Operations- Accounting Associate - Hedge Fund -NYC -Exclusive Search
Our client is a 2 billion aum long/short hedge fund with offices in the tristate area. They are looking to add to their lean business operations team. This is a fantastic opportunity for a very bright and eager junior candidate to learn and grow. The candidate will get exposure to accounting, operations, trading, financing and compliance.
This person will be responsible for working internally with our investment and business teams and externally with counterparties and fund administrator to ensure accurate reporting, timely trade settlement for equities, bonds, & structured products, and cash/trade/position reconciliations.
Responsibilities include (but are not limited to):
• Responsible for trade capture, trade blotter reconciliations, and resolution of trade/cash breaks at prime brokers, custodians, and the fund administrator
• Provide trade allocations to counterparties to ensure proper and timely trade settlement
• Interact with trading counterparties on market updates and/or trade issues
• Work internally on various compliance inquiries (e.g. Personal Account Statement Recordkeeping)
• Reconcile position reporting between internal systems, our fund administrator, and prime brokers
• Assist in managing the internal shadow portfolio on a daily basis • Review daily equity financing/short borrow and correspond with appropriate counterparties for optimization purposes
• Assist in reviewing monthly NAV packages and investor capital statements
• Assist in Management Co. accounting and reporting
Requirements: • Bachelor’s degree in Accounting, Finance, or a similar field. Accounting degree is preferred. • Proficient in Microsoft Office (Excel, Word, and Outlook). Bloomberg experience is a plus.
Please send resumes to dawn@hudsongatepartners.com