Equity Operations Associate

Job DetailExperience Level StaffDegree Type Bachelor of Science (BS)Employment Full TimeWorking Type HybridJob Reference 0000019735Salary Type AnnuallyIndustry Hedge FundSelling Points Contribute to a global hedge fund’s dynamic operational team. Enhance your expertise in equity and credit trading processes. Enjoy a hybrid work environment fostering flexibility and collaboration.Job DescriptionEquity Operations Associate OverviewThe Equity Operations Associate will oversee operational processes for equity and credit trading activities, ensuring accuracy and timely resolution of discrepancies.Collaborate with trading desks, portfolio managers, and operations teams to support trade-related matters and improve operational workflows.Apply knowledge of corporate actions, reconciliations, and P&L calculations to maintain accurate financial records.Support onboarding processes for new brokers, custodians, and counterparties, ensuring operational readiness.Work in a hybrid environment, combining on-site and remote work flexibility.Leverage advanced Excel skills and order management systems to streamline and enhance operational efficiency.Contribute to a dynamic team within a global multi-strategy hedge fund environment.Equity Operations Associate Key Responsibilities & DutiesOversee trade capture, affirmation, and reconciliation processes for equity and credit trading activities across global markets.Manage corporate actions processing, ensuring accurate and timely updates in internal systems.Perform cash and position reconciliations, investigating and resolving discrepancies with prime brokers and custodians.Coordinate with trading desks and portfolio managers to address settlement fails, pricing issues, and trade discrepancies.Support private deal processing and DWAC/DRS transfer flows.Assist in maintaining and improving trade flow processes, commission schedules, and operational documentation.Apply basic P&L calculation knowledge to address portfolio management inquiries.Ensure compliance with operational standards and best practices within the investment management industry.Equity Operations Associate Job RequirementsBachelor of Science (BS) degree in a relevant field is required.Minimum of 2 years of experience in investment management or fund operations; 4 years preferred.Proficiency in Excel, including pivot tables, VLOOKUP/XLOOKUP, and macros.Experience with order management/portfolio management systems, such as Bloomberg AIM or FLEX, is advantageous.Working knowledge of custodian and prime brokerage relationships is essential.Strong analytical skills with attention to detail and accuracy under deadlines.Exposure to derivatives, fixed income, or multi-asset operations is a plus.Excellent communication skills for cross-team and external counterparty coordination.