Associate Director, Capital Market Operations

Nearwater Capital • New York, NY

7d • Onsite

About The Position

Nearwater Capital is seeking a seasoned operations professional to join our growing team as Associate Director, Capital Market Operations to support the firm’s Capital Markets business with a primary focus on the regulated swap business. The ideal candidate will have deep expertise across the trade lifecycle for Fixed Income, Equity, and Derivative products, a strong understanding of front-to-back operations, and the ability to collaborate across departments to enhance workflows and controls. This role will serve as a main point of contact for operational inquiries, working closely with the Director of Operations and engaging with internal trading desks, counterparties, and custodians.

Requirements

• 7–10+ years of direct experience in a financial services organization performing operations activities across Settlements, Lifecycle Management, Reconciliations, Trade Support, and related functions.
• Demonstrated high-level knowledge and understanding of the Cash Equity and Equity Swaps product. A general knowledge of Equities/Fixed Income/Securities Lending is highly desirable. Knowledge of Commercial Paper is a plus.
• Strong knowledge of trade lifecycle, financial markets, and industry technology including AcadiaSoft, Markit, and Bloomberg; experience with Enfusion is a plus.
• Advanced Excel skills and experience with data analysis or automation tools such as Alteryx, Python, SQL, VBA, or Power BI to improve reporting accuracy and efficiency.
• Demonstrated ability to partner with Technology teams to enhance system functionality, implement data validation checks, and support workflow digitization.
• Excellent organizational skills and superior problem-solving capabilities with the ability to manage multiple tasks simultaneously in a high-volume, time-sensitive environment.
• Strong verbal and written communication skills with the ability to work effectively both independently and as part of a team.

Nice To Haves

• A general knowledge of Equities/Fixed Income/Securities Lending is highly desirable.
• Knowledge of Commercial Paper is a plus.
• experience with Enfusion is a plus.

Responsibilities

• Provide lifecycle management support for Commercial Paper, Equities, Fixed Income, and Swap transactions.
• Manage trade settlements with a focus on Total Return Swaps (TRS) and Repurchase Transactions, including trade confirmation, broker and custodian communication, reconciliation, and issue resolution.
• Oversee trade, position, and cash reconciliations across custody, administrator, and prime broker accounts.
• Ensure proper booking of corporate actions.
• Manage initial and variation margin (IM/VM) processes and validate end-of-day balances.
• Coordinate monthly reporting with the Program Compliance team and Administrator.
• Handle trade capture, allocation, and exception management across swaps and cash hedge securities.
• Act as a key point of contact for client settlement queries and operational escalations.
• Conduct control reconciliations to ensure booking accuracy between internal systems and external records.
• Liaise with Risk teams to address open exposures, settlement fails, and margin disputes.
• Drive operational improvements by identifying process enhancements, automation opportunities, and control refinements.
• Participate in firmwide and departmental projects aimed at streamlining workflows and reducing operational risk.
• Mentor and provide guidance to junior operations staff, supporting a culture of accountability, risk awareness, and continuous improvement.

Benefits

• A high-impact role at the center of Nearwater's Capital Markets business.
• The opportunity to help design and build scalable operational infrastructure as the firm continues to grow.
• Direct engagement with senior leadership, trading desks, and external counterparties in a collaborative and intellectually stimulating environment.
• Participation in firmwide and departmental projects aimed at streamlining workflows and reducing operational risk.
• An attractive market compensation and benefits package.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed