Associate Manager / Back/Middle Ops Support
Position Description: Our client is seeking seasoned professionals for their newest office opening in Hartford!!! This firm offers automated, State-Of-The-Art Middle and Back-Office Support services and Fund Administration for Hedge Funds, Fund Managers and High Net Worth Family Wealth Managers. They have global presence providing independent services essential to the successful launch and operation of private investment entities with activities ranging across wide spectrum of traded instruments. Company expertise is drawn from senior levels of international banking and fund management and encompasses a wide range of relevant experience!
They successfully leverage their team experience and extensive use of technology to provide an unparalleled level of service to their clients. The successful candidates will put the needs of the clients first and in doing so will offer winning solutions. Please be prepared to bring your enthusiasm and team spirit to this company in motion!
Position Requirements:
Responsibilities include:
Providing operational support to hedge fund clients engaged in various investment strategies ex. Real Estate Investment Trust (REIT), Private Equity, Global Macro, Fixed Income, Mortgage, Credit, Distress, Long/Short, Risk/Stat/Arbitrage, Emerging markets and Fund of Funds. Serving as liaison between clients and prime brokers/counterparties. Providing middle and back office support for the following products: equity, fixed income, swaps, bank debt, contract for differences, futures, commodities, options, FX, mortgages and repos. Addressing and researching cash / position / Market Value reconciliation exceptions. Addressing and researching cash / position / Market Value reconciliation exceptions. Interacting with various internal GlobeOp departments such as Fund Accounting, OTC Operations, Investor Relations and IT. Fund transfers related to management fees, incentive fees, fund subscriptions and redemptions, and collateral.
Skills and knowledge desired:
Associate Manager
BA in business/finance or related discipline
3-5 years experience with Back Office Operations working for either a Prime Broker, Administrator, Hedge Fund, Mutual Fund, Investment Advisor or Financial/Retirement Planner
Prior experience with various products including equities, fixed income, repurchase agreements, futures, FX, Mortgages, options and working knowledge of Corporate Actions.
Middle/ Back office experience covering trade settlements, fail control, reconciliation of trade discrepancies, and client servicing.
Benefits:
Westaff also offers a competitive benefits package, including:
* Health, Life, LTD, AD&D Insurance Coverage
* Vacation, Holiday, Birthday and Sick Pay
* 401(k) Savings Plan
* Employee Stock Purchase Plan
* Flexible Spending Accounts
* Educational Reimbursement
About Westaff:
With more than 57 years of practice, it's no wonder that Westaff has earned the reputation as one of the largest staffing companies in the country, and one of the most experienced. Our success has continued throughout the rest of the world, supplying business solutions in every major market in the UK, Australia and New Zealand.
Westaff is an Equal Opportunity Employer. AA M / F / D / V
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Financial Services 
