Associate, Trade Operations

SS&C Technologies•Dublin, OH

1d•Hybrid

About The Position

Trade operations provides middle office services to institutional money managers and global hedge fund clients. The team operates in a fast-paced environment and works with traders, brokers, and other parties to confirm and settle trades on time, complete daily deliverables, and respond to client requests, including processing investment- and fee-related wires. The role is hybrid in Dublin, Ohio, or Union, New Jersey. New graduates are welcome to apply. The Associate works with clients, brokers, custodians, and prime brokers to resolve issues and support timely confirmation and settlement of trades, foreign exchange transactions, and other transactions. The role also supports cash and securities movements, wire transfers, counterparty data, procedures, risk mitigation, and operational improvements. Associates research market practices and regulatory changes, maintain effective stakeholder relationships, and help ensure that processes and communications follow current standards.

Requirements

Undergraduate degree; preferably with a concentration in finance, economics, or a related discipline.
Self-starter with excellent analytical and problem-solving skills.
Strong attention to detail.
Ability to efficiently prioritize daily processes, ad-hoc requests, and issues escalated by clients or other parties.
Intermediate or higher proficiency in Microsoft Excel.
Ability to communicate professionally and effectively with internal and external stakeholders.
High level of computer literacy and ability to learn new systems quickly.
Team-player mentality and ability to work independently.
Ability to understand the importance of data security and comply with firm-wide procedures.
Knowledge of financial products such as equities, options, futures, mutual funds, collateral, and bonds.

Nice To Haves

Experience with or familiarity with market vendor products such as Bloomberg, DTCC, and Omgeo.
Familiarity with SWIFT messaging.
Interest in learning about foreign markets and global market practices.

Responsibilities

Work with clients, brokers, custodians, and prime brokers to resolve issues and ensure timely confirmation and settlement of trades, FX spots and forwards, and other transactions.
Research market standards and practices to keep client and broker data current and ensure outgoing SWIFT messages comply with current best practices.
Inform and instruct relevant parties about daily and ad-hoc cash and security movements related to collateral and variation margin.
Identify potential issues and escalate them promptly to appropriate internal and external parties.
Maintain team procedures, ensuring they are updated, completed, and maintained across clients and processes.
Develop and maintain strong working relationships with internal and external stakeholders.
Research and inform impacted parties about upcoming market and regulatory requirements and changes.
Identify processes and other areas for improvement, and work with technology and relevant parties to develop, test, and execute changes.
Understand and mitigate risks associated with late settlement of cash and securities transactions, including market penalties, buy-ins, and claims.
Perform due diligence to resolve issues in a timely manner and avoid financial or reputational impact.
Compile and prepare wire transfer instructions for fund expenses and investments in accordance with fund manager instructions.
Maintain and update vendor and counterparty wire instructions.