State Street

Hedge Fund Core Operations, Officer

State Street

full-time

Posted on:

Location Type: Office

Location: Clifton • New Jersey • 🇺🇸 United States

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Salary

💰 $70,000 - $122,500 per year

Job Level

Mid-LevelSenior

Tech Stack

Swift

About the role

  • Process trades
  • Confirmation of client trades by phone, email or matching platform
  • Interact on a daily basis with prime brokers and client counterparties
  • Resolution of trade breaks with client and counterparties
  • Resolve fails with prime broker and counterparties
  • Liaise with client regarding ad hoc issues, establish and maintain relationships with client and other external parties: Counterparties, Prime Brokers, etc.
  • Co-ordinate system enhancements or new requirements on behalf of the team
  • Responsible for the co-ordination of system testing and sign off
  • Involved in new client onboarding and initialization of funds

Requirements

  • Bachelor’s degree
  • 4-6 years of experience
  • Intermediate understanding of settlements for equities, fixed income, futures and foreign exchange and derivatives
  • In depth knowledge of some/all of the following products: Equity, Futures, Options, Fixed Income, FX, Derivatives (IRS, CDS, TRS, etc.)
  • Experience interfacing with security valuation agents like Markit PV, BVAL, ICE Data, JPM Pricing Direct
  • Knowledge of trade order flow, security life-cycle events (settlements, corporate actions), SWIFT messaging and cash wire processing required.
  • Strong verbal, analytical and written communication skills
  • Experience with Advent Geneva Platform advantageous
Benefits
  • retirement savings plan (401K) with company match
  • insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages
  • paid-time off including vacation, sick leave, short term disability, and family care responsibilities
  • access to our Employee Assistance Program
  • incentive compensation including eligibility for annual performance-based awards

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
trade processingsettlementsequitiesfixed incomefuturesforeign exchangederivativestrade order flowcash wire processingsystem testing
Soft skills
communicationanalytical skillsrelationship managementproblem resolutioncoordination
Certifications
Bachelor's degree