Analyst, Derivative Operations

Obra Capital, Inc.•New York, NY

142d•$80,000 - $100,000

About The Position

Obra Capital is seeking an Analyst, Derivative Operations to join our New York office. Reporting to the Head of Operations, this role will support the firm’s growing credit platform and expansion into derivative securities. The Analyst will be responsible for a broad range of operational functions related to equity derivatives, including options, futures, forwards, synthetics, ETFs, and related instruments. This role will work closely with investment professionals (portfolio managers and traders), internal infrastructure teams (including accounting, finance, tax, compliance, and legal), and third-party service providers to manage and control daily portfolio activity across investment products. The ideal candidate has a strong understanding of the securities trade lifecycle, hands-on experience with equity derivative pricing and settlement, and exposure to structured credit instruments such as CLOs, ABS, RMBS, and CMBS.

Requirements

Bachelor’s degree required; Accounting or Finance preferred
1–3+ years of relevant operations experience within an investment management, hedge fund, or asset management environment
Experience with equity derivative settlement and administration strongly preferred
Experience working with portfolio and order management systems; Enfusion experience is a plus
Strong proficiency in Microsoft Excel, including functions such as VLOOKUP and PivotTables
Familiarity with Bloomberg and financial market data platforms is advantageous

Responsibilities

Support daily operational processes that enable portfolio management and trading activities across the firm
Assist in the onboarding and enhancement of operational infrastructure, systems, and workflows
Liaise with internal teams, third-party service providers (including portfolio and order management systems, data vendors), and counterparties to oversee the full trade lifecycle for equity derivatives
Review and support daily, monthly, and quarterly valuation, reconciliation, and position verification processes
Participate in cash management and treasury functions, including liquidity and collateral management
Prepare portfolio- and manager-level reporting; analyze holdings, performance, leverage, and risk exposures
Execute departmental procedures and internal controls to ensure accuracy, timeliness, and adherence to operational standards