Hedge Fund Core Operations, Senior Associate

Who we are looking for

Within the Middle Office Operations Team, will be involved in management of client integration, trade processing and confirmation of client’s trades, error reporting and resolution. This will involve working closely with clients and brokers to resolve intraday trade alleges and breaks in proactive and timely manner on trade date.

Why this role is important to us

The team you will be joining is a part of International Fund Services (IFS), acquired by State Street in July 2002. IFS, also known as Alternative Investment Solutions is a recognized industry-leading provider of fund accounting, fund administration and risk services to hedge funds and private equity funds. These services are fully integrated to provide complete end-to-end solutions that span the front-, middle- and back-office requirements of institutional investors.

Join us if making your mark in the alternative investment industry from day one is a challenge you are up for.

What you will be responsible for 

As Core Operations, Senior Associate you will

• Monitoring of Trade File Processing: Ensuring all trade files transmitted by the Fund daily on trade-date are processed by the team.

• Trade Confirmation and Trade Reporting: Monitor and assist in the confirmation and settlement of trades executed across various platforms and product types (FX/FI/EQ/Swap/Options/Futures). This will involve working closely with clients and brokers to resolve intraday trade alleges and breaks in proactive and timely manner on trade date.

• Trade Exports/Settlement Instructions: Ensure the onward transmission of trade details received from the Fund.  Resolve, report and escalate any trade export problems.

• Reconciliations: Overview of daily reconciliation breaks and ensure all breaks are followed up in the hub locations (India) and escalated to oversight team/client if necessary for your resolution assistance.

• Pricing-Ensure pricing for portfolio securities daily from third party pricing sources approved by the Fund.

• Projects-Client launches and participate in various middle office projects to enhance our client experience and create continued process efficiencies.

• Overseeing teams in the India Office: Monitoring teams to ensure our client coverage within our teams in India is achieved to a high standard. Working with India Ops teams to ensure escalation, issue resolution and control gaps are resolved and that all issues are escalated to the oversight team in a proactive manner. Ensure daily checklist is complete and verify end of day process is completed.

What we value

These skills will help you succeed in this role:

• Excellent knowledge of Microsoft Office applications

• Strong analytical skills

• Good knowledge of financial products and their lifecycle

• Strong team player with attention to details

• Superior communication and interpersonal skills

• Ability to multi-task in a fast-paced deadline-oriented environment

Education & Preferred Qualifications

• Bachelor’s degree, preferably with a concentration in finance /accounting

• 3+ year of related experience

About State Street 

What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients. 

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential. 

Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, exp