Associate Manager, Middle Office Operations

SS&C • Union, NJ

2d • Hybrid

About The Position

The Associate Manager, Middle Office Operations provides middle- and back-office operational support to hedge fund and private equity clients across a broad range of investment products, including equities, bank debt, fixed income, derivatives, foreign exchange, and mortgages. The role emphasizes client service, reconciliations, cash management, cross-functional collaboration, team oversight, and operational efficiency. The position is based in New York City or Union, New Jersey, in a hybrid work arrangement.

Requirements

• Bachelor’s degree in business, finance, or a related discipline.
• At least 4 years of back-office operations experience at a prime broker, administrator, hedge fund, private equity firm, mutual fund, investment advisor, or financial/retirement planner.
• Prior experience with equities, bank debt, fixed income, repurchase agreements, futures, foreign exchange, mortgages, and options.
• Working knowledge of corporate actions.
• Middle- or back-office experience covering trade settlements, fail control, reconciliation of trade discrepancies, and client servicing.
• Solid Microsoft Excel knowledge.
• Strong written and verbal communication skills.

Nice To Haves

• VBA for Excel experience.
• Basic accounting understanding, such as debits and credits.
• Adaptability in a changing environment and ability to develop new ideas.

Responsibilities

• Provide operational support to hedge fund and private equity clients engaged in various investment strategies.
• Build and maintain client relationships and act as a liaison among clients, prime brokers, counterparties, and internal stakeholders.
• Provide middle- and back-office support for products including equities, bank debt, fixed income, swaps, contracts for differences, futures, commodities, options, foreign exchange, mortgages, and repurchase agreements.
• Research and resolve cash, position, and market value reconciliation exceptions for both low-volume and extremely high-volume funds.
• Coordinate with internal departments, including Fund Accounting, OTC Operations, Investor Services, and IT.
• Run cash reports and confirm payments with counterparties.
• Review work prepared by others.
• Train operations staff.

Benefits

• Medical insurance
• Dental insurance
• Vision insurance
• 401(k) plan with company match
• Paid time off
• Paid holidays
• Parental leave
• Professional development reimbursement opportunity
• Potential eligibility for an annual discretionary bonus and/or equity awards, such as restricted stock units or stock options, based on individual and business performance and company discretion

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level