Trade Support (Alternative Asset Manager)

  • Competitive
  • New York, NY, USA New York NY US
  • Permanent, Full time
  • Northbound Executive Search
  • 30 Mar 18 2018-03-30

A prestigious Alternative Asset Manager, with about $25 billion in AUM, is seeking a 4-6 year candidate to join their growing team! This is an amazing opportunity for someone coming from a Fund Administrator or a bank, who is interested in working for an Asset Manager! This individual will be responsible for middle/back office support, with a focus on monitoring collateral positions and margin requirements for cleared and non-cleared swaps, forwards and fixed income securities. The ideal candidate will have very strong Excel skills and show a “can-do” attitude!

Responsibilities of Trade Support - Collateral/Margin (Alternative Asset Manager):

  • Ensure derivatives related transactions are entered into portfolio accounting system in a timely manner and reconciled accurately
  • Daily reconciliation with brokers and other counterparties
  • OTC derivatives confirmation and settlement
  • Calculate margin requirements and coordinate margin movement
  • Co-ordinate with Portfolio Managers for collateral movements to counterparties
  • Liase with external counterparties and internal departments to investigate and quickly resolve discrepancies
  • Ensure accuracy and quality of information in systems
  • Provide exceptional service when interacting with internal and external contacts
  • Participate in the testing and implementation of operational enhancements and special projects

Requirements for Trade Support - Collateral/Margin (Alternative Asset Manager):

  • A Bachelor’s degree is required, and higher education is preferred
  • Excellent working knowledge of complex investment products (FX, Futures, Options, Credit and Interest Rate Derivatives, Repos and Bond Forwards) as well as P&L and cash analysis on those products
  • Strong understanding of OTC Derivatives and the confirmation and settlement process
  • Experience with prime brokers and hedge funds, a plus
  • Very strong Excel skills and excellent communication skills