Vice President, Finance and Accounting
Odeon Capital Group
Switching
Fund Operations Associate – Options Specialist
Bitwise Asset Management
full-time
Posted on:
Origin: • 🇺🇸 United States • California, New York
Visit company websiteSalary
💰 $80,000 - $100,000 per year
Job Level
JuniorMid-Level
About the role
- Own and manage all aspects of option middle office lifecycle, including exercises and assignments, contras, trade affirmation, settlement and reconciliation
- Provide end-to-end support for equity and crypto options trades, from execution through clearing, settlement, and post-trade analytics
- Validate, process and settle all life cycle events to ensure the integrity of the trade and positions
- Perform position and cash reconciliations
- Perform trade affirmation with counterparties to minimize risk
- Monitor T+0 trade capture exceptions and process option assignments, expiries and contras
- Collaborate with traders, operations teams, and tech teams to resolve trade breaks, confirm allocations, and ensure accurate position posting
- Ensure operational processes are fully documented, tested and adequately supported
- Assist with new product and new fund launches and support professionally managed crypto investment products
- Build scalable workflows and processes with automation in mind and evaluate systems (e.g., Traiana and NYFIX) for potential fit and implementation
- Drive projects to increase efficiency and contribute to ongoing process improvements
- Report directly to the Head of Fund Operations and work with portfolio managers, accounting team, and service providers
Requirements
- You have 3-10 years of options Middle/Back-office experience covering trade capture and processing, collateral, confirmations, settlements, cash, position and trade reconciliations.
- You have demonstrated proficiency in all types of options included Listed, FLEX, OTC, etc.
- You have proficiency in all calculations used to support options instruments.
- You have exceptional Excel skills and/or programming / automation skills: Proficiency in programming languages (language is irrelevant) with experience building out automated and scalable processes for position and trade reconciliation, break monitoring and alerting, and operational reporting workflows to reduce manual intervention and operational risk.
- You understand the relevant technology and applications that are required to excel in the role.
- You understand operational risk controls and regulatory requirements for options trading.
- You have a strong analytical mindset with the ability to identify operational inefficiencies, challenge existing processes both internally and with external partners, and drive continuous improvement initiatives.
- You are self-motivated, flexible, team-oriented with fresh ideas and thrive in a fast-paced, dynamic environment.
- You understand the importance and value of our team concept, where you establish long-lasting organizational relationships that will foster a productive work environment.
- You have strong written and verbal communication skills.
- You have the ability to juggle multiple priorities and responsibilities.
- You have a nose for identifying operational risk and surfacing issues, then solving them.
