Hedge Fund Operations

  • Competitive
  • London, England, United Kingdom London England GB
  • Permanent, Full time
  • Non-disclosed
  • 08 Jun 18 2018-06-08

Our client one of the world leading credit hedge investors is looking to appoint an operations analyst to its growing London team. As an operations analyst you will have had exposure to credit products such as Loans, High Yield Bonds and Derivatives. Experience from the buy side is preferred but not essential.

RESPONSIBILITIES

Specific responsibilities will include but not be limited to the following:

 

  • Assisting with completing LMA and LSTA loan documentation to ensure transactions are closed and settled accurately and within deadlines, including reviewing senior credit / intercreditor agreements to ensure compliance with transfer, tax, regulatory and eligibility criteria
  • Trade and security entry into portfolio management systems
  • Daily reconciliations of cash and positions between internal systems and the Trustee/Custodians
  • Processing coupon / interest / principal / corporate action activity on underlying portfolio positions
  • High yield bond settlements via Euroclear/Clearstream
  • Weekly asset valuations and price verification
  • Computation of NAV, performance returns and verifying LP partnership statements
  • Validate tests trades across various portfolios
  • Support annual audits and tax requests
  • Ad-hoc special projects as requested by portfolio managers and other internal groups
  • Routine interaction with corporate service providers, trustees and administrators
  • Building strong relationships with counterparties, corporate service providers, trustees and administrators

 

Candidate Profile

 

  • Ideally graduate with a bachelor’s degree in a finance or accounting discipline
  • Operations experience
  • Understanding and familiarity of loan settlement and loan documentation (LMA / LSTA, knowledge of lender / tax status applied in loan transfer documentation) preferable
  • Help with operational issues and providing solutions
  • Understanding of NAV and LP partnership statement preparation
  • Build awareness of industry initiatives and market trends that can impact the business
  • Assist more senior team members in improving operational efficiency
  • Ability to manage projects, multi-task and prioritise
  • Positive attitude and ability to work under pressure
  • Strong Microsoft Office knowledge (particularly Excel)
  • Wall Street Office, Clearpar, BlackMountain Everest and Bloomberg knowledge
  • Experience with other fixed income products - bonds and ABS/CLO securities preferable