Senior Associate - Middle Office Operations

Company Description We’re a leading Investor Services group offering end-to-end services in administration, accounting, reporting, regulatory and compliance needs of the investment sector worldwide. We employ a global workforce of 6,500+ people across 24 jurisdictions and have assets under administration (AUA) exceeding US$857 billion. We work with 13 of the world’s top-15 private equity firms. Our services are underpinned by a Group-wide commitment to ESG and best-in-class technology including a global data platform and innovative proprietary tools supported by in-house experts. Above all, what makes us different is our people. Operating as trusted partners to our clients, we deliver intelligent solutions through a combination of technical expertise and strong relationships based on deep client understanding. We’re driven by our Group purpose, to power people and possibilities. Job Description What you’ll do You'll prepare daily reconciliations of positions and trades between client records and their prime brokers, ensuring accuracy and resolving discrepancies. You'll collaborate with prime brokers to resolve trade breaks and maintain smooth operational workflows. You'll handle monthly reconciliations of tri-party positions, cash, market values, and accruals, while also preparing performance estimates for COO clients. You'll review monthly Administrator NAV packages, update portfolio accounting systems when needed, and maintain fund accrual schedules. You'll process corporate actions such as dividends, splits, and mergers for client portfolios, while serving as a point of escalation for complex issues. What we offer IQ-EQ offers a comprehensive benefits package designed to support employees' well-being and work-life balance. Employees receive generous paid time off, including 4 weeks of PTO that increases over time, sick time and paid holidays, and financial wellness is supported through a 401(k) plan with a company match (subject to eligibility). Health benefits include medical, dental, vision, mental health support and additional ancillary insurance plans. Additional benefits include paid parental leave and a hybrid work schedule, promoting both personal and professional fulfillment. The salary for this position will be dependent on experience and location ($70,000-$95,000). Qualifications You must hold a bachelor’s degree in accounting, finance, economics, or a related field, and three plus years of financial services experience, specifically in middle office work with alternative investment funds. You need strong expertise in financial instruments such as equities, fixed income, bank debt, repos, options, swaps, futures, and FX spot/forward contracts, along with advanced knowledge of margin processes and cash projections. You should demonstrate excellent attention to detail, multitasking ability, and strong communication skills for managing client relationships, while being hard-working, punctual, and personable. You are expected to have a solid understanding of hedge funds and private equity, strong accounting and analytical skills, and advanced computer proficiency, especially in Excel and portfolio accounting systems like Enfusion or Geneva. You will be required to work full-time in the office, applying your dedication and technical expertise to support operational and client-facing responsibilities. Additional Information Sustainability is integral to our strategy and operations. Our sustainability depends on us building and maintaining long-term relationships with all our stakeholders – including our employees, clients, and local communities – while also reducing our impact on our natural environment. There is always more we can, and should do, to improve – whether in relation to our people, our clients, our planet, or our governance. Our ongoing success as a business depends on our sustainability and agility in a changing and challenging global landscape. We’re committed to fostering an inclusive, equitable and diverse culture for our people, led by our Diversity, Equity, and Inclusion steering committee. Our learning and development programmes and systems (including PowerU and MyCampus) enable us to invest in growing our employees’ careers, while our hybrid working approach supports our employees in achieving balance and flexibility while remaining connected to their colleagues. We want to empower our 6,500+ employees - from 94 nationalities, across 24 countries - to each achieve their potential. Through IQ-EQ Launchpad we support women managers launching their first fund, in an environment where only 15% of all private equity and venture capital firms are gender balanced. We’re committed to growing relationships with our clients and supporting them in achieving their objectives. We understand that our clients’ sustainability and success lead to our sustainability and success. We’re emotionally invested in our clients right from the beginning.

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Department: Client Services Type of Hire: Permanent