Fund Finance Associate

PDT Partners is seeking an analytical and collaborative professional to join their Finance, Accounting and Treasury (FACT) team. The role involves managing daily counterparty exposure and margin analysis, optimizing financing costs, analyzing and managing FX exposure, liaising with various counterparties, preparing regulatory filings, providing financial data to third parties, and leading new product launches and process improvement projects. The successful candidate will have the opportunity to hone their analytical skills and gain deep insights into the financial operations of a global hedge fund. PDT Partners offers a close-knit and diverse community, with a focus on excellence and intellectual exceptionalism.

• Manage the daily counterparty margin requirements, including understanding margin rules and methodologies and helping to negotiate new rates with counterparties
• Analyze and optimize financing costs across counterparties
• Help to analyze, understand, and manage FX exposure for the funds
• Liaise with the prime brokers, custodian bank, administrator, and other counterparties
• Create mid-month and end-of-month NAV packs that include NAV calculations that shadow the Administrator
• Review cash, dividend, and P&L reconciliations in support of the NAV reconciliations
• Prepare certain regulatory filings (Form PF, PQR, BE-185, etc)
• Provide financial data for third parties, including investors and trading counterparties
• Lead FACT on new product launches and integration into existing PDT systems
• Lead ad hoc projects to improve efficiencies or revamp processes in the group

• Strong analytical skills
• Productive and collaborative professional
• Knowledge of financial operations of a global hedge fund
• Experience in daily counterparty exposure and margin analysis
• Strategic thinking about financing costs of funds
• Fund accounting and compliance reporting experience
• Ability to set up new products, counterparties, and funds
• Familiarity with treasury management
• Excellent communication and interpersonal skills
• Ability to work closely with various teams and stakeholders
• Understanding of margin rules and methodologies
• Negotiation skills for rate negotiation with counterparties
• FX exposure management
• Experience liaising with prime brokers, custodian banks, and other counterparties
• Knowledge of NAV calculations and reconciliation
• Familiarity with regulatory filings (Form PF, PQR, BE-185, etc)
• Ability to provide financial data to third parties
• Project management skills for leading new product launches and process improvements

• Opportunity to hone existing analytical skills
• Diving deeply into the financial operations of a global hedge fund
• Working closely with the Treasurer, CFO, and other teams
• Stellar 25+ year track record and reputation for excellence
• High employee-retention rate
• Intellectually exceptional and diverse community
• Value intelligence, creativity, and tenacity over direct prior experience
• Opportunity to manage daily counterparty margin requirements
• Analyze and optimize financing costs across counterparties
• Manage FX exposure for the funds
• Liaise with prime brokers, custodian bank, and other counterparties
• Lead FACT on new product launches and integration into existing systems
• Lead ad hoc projects to improve efficiencies or revamp processes
• Opportunity for skill development and growth
• Competitive salary range of $105,000 to $120,000 (excluding potential bonuses)