Job Summary:

In this role, you will be part of a talented and efficient Fund Services team that works on mission-critical projects within middle and back-office operations.  You will manage various accounting and operational processes on behalf of our global client base while maintaining transparent communication with our clients and their fund administrators and trading counterparties. 

Responsibilities

Adapt to challenges and opportunities within the Outsourced MBO line of business, including a 24-hour delivery cycle with various shifts.Drive an enhancement of our client’s experience by providing visionary guidance for the department's products and offerings.Design optimal workflows and standards for facilitating client deliverables across:

A) Middle Office:

Daily reconciliation of trades, positions, and cash against Prime Brokers, FCMs, ISDA Counterparties, and CustodiansProactive break resolution and communication for reconciliation breaks. Responding to break resolution emails from 3rd partiesT+0 trade affirmation.Facilitating clearing and settlement of trades across asset classes.Cash and collateral managementProcessing of corporate action eventsProcessing of position lifecycle events

B) Back-Office:

Position, P&L, and Cash Reconciliation against Fund AdministratorsTrial Balance Reconciliations against Fund AdministratorsBooking and maintenance of non-trading accrual and expense schedulesBreak resolution and Fund Admin communication for reconciliation issuesShadow accounting at the fund, share class, series, and investor levelsMaintain and improve operational efficiencies across the organizationEnsure the smooth, effective operation of the department including:Successful on boarding of new MBO Services clientsCompliance to all accounting and operational proceduresProper daily product and service deliveryEscalation and resolution of high exposure itemsMaintaining client satisfactionDevelop and track operational KPIs for the line of business in accordance with objectives for the line of business as well as client SLAsAssist with improving and automating existing processes to mitigate risk and increase scalabilityProactively monitor and manage capacity and help with forecasting in this area

Required Skills

People Management Experience-Should have managed a small team- 2 to 5 membersShould have worked with various financial products such as Structured Products, MBS, CDS, IRS, TRS, Bank Loans, CFDs etc.Fund Accounting experienceProficient in the use of Microsoft Excel and WordAbility to handle and prioritize multiple tasks and work independentlyWilling to work in shifts including APAC and EMEA.

Education and Experience: 

MBA preferred or relevant graduate degree from top-tier institution or similar academic / professional experience9+ plus years minimum experience in Middle/Back-Office support role at Hedge Fund, Fund Administrator or Prime Broker