Middle Office Operations Associate

Our client, a prominent financial services firm in Chicago, is seeking a Middle Office Operations Associate. The ideal candidate will have relevant experience from an institutional investment firm or large financial institution. Responsibilities Support various front office teams, counterparties and depositories to ensure all trades are processed, reconciled and settled in a timely and accurate manner Daily interaction with prime brokers and custodians, as well as internal business units (front office PMs, traders, accounting, compliance etc.) Manage daily cash flow, collateral and exposure Oversee provider reconciliations, trade settlements and end-of-day processing Collaborate with IT and business leaders to identify and implement new technology initiatives, ultimately providing optimal efficiencies for the business Maintain information related to investment strategies and ensure that the proper parties receive the relevant information Utilize trading system to perform accurate reconciliations; ensuring operational procedures and risk controls are met Perform daily position calculations, PnL reporting and reconciliation across various investment strategies Investigate and resolve trade breaks; execute proper confirmation of cash flows Participate on ad-hoc initiatives as required Requirements Bachelor’s degree in Finance, Accounting, Economics, Math/Statistics or Business-related discipline 1-3 years previous experience in investment management industry, preferably in an operational capacity (previous trade support experience a plus) Interest in financial services industry; passion for leveraging technology/database applications to improve processes and reporting procedures Technical proficiency in Microsoft Excel; advanced skills in SQL, VBA strongly preferred but not required Ability to work independently in a fast-paced dynamic; strong organizational skills and project management capabilities #J-18808-Ljbffr The Equus Group