Associate Manager, Operations

SS&CNew York, NY
Hybrid

About The Position

This Associate Manager, Operations role supports hedge fund clients through critical middle- and back-office functions, including reconciliations, trade support, wire processing, and cash management across a range of investment products. The role also serves as a key liaison between clients, counterparties, and internal teams, requiring strong operational expertise, attention to detail, and client service skills.

Requirements

  • Bachelor’s in business/finance or related discipline
  • 4+ 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
  • Solid MS Excel knowledge
  • Strong written and verbal communication skills

Nice To Haves

  • Prior experience with OTC products
  • Prior experience working in a client service environment

Responsibilities

  • Providing operational support to hedge fund clients engaged in various investment strategies
  • Building and maintaining client relationships, and serving as a 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
  • Interacting with various internal SSC GlobeOp departments such as Fund Accounting, OTC Operations, Investor Services and IT
  • Wire processing related to management fees, incentive fees, fund subscriptions and redemptions, and collateral
  • Running cash reports and confirming payments with counterparties
  • Reviewing work prepared by others
  • Training operations staff

Benefits

  • medical coverage
  • dental coverage
  • vision coverage
  • 401(k) plan with company match
  • paid time off
  • holidays
  • parental leave
  • professional development reimbursement opportunity
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