Hedge Fund Core Operations, Officer

State Street • Sacramento, CA

14d

About The Position

Responsible for working on a team that performs Shared Services on behalf of our clients. Functions performed could include: trade capture, security master modelling, client onboarding, client query resolution and security valuations. Candidate will work across all Shared Service remits supporting wider AIS Middle Office team. Join us if making your mark in the financial services industry from day one is a challenge you are up for. The team you will be joining is a part of International Fund Services (IFS), acquired by State Street in July 2002. IFS, also known as Alternative Investment Solutions is a recognized industry-leading provider of fund accounting, fund administration and risk services to hedge funds and private equity funds. These services are fully integrated to provide complete end-to-end solutions that span the front-, middle- and back-office requirements of institutional investors

Requirements

• In depth knowledge of some/all of the following products: Equity, Futures, Options, Fixed Income, FX, Derivatives (IRS, CDS, TRS, etc)
• Experience interfacing with security valuation agents like Markit PV, BVAL, ICE Data, JPM Pricing Direct
• Knowledge of trade order flow, security life-cycle events (settlements, corporate actions), SWIFT messaging and cash wire processing required.
• IT Literate – VBA experience a plus
• Strong verbal, analytical and written communication skills
• Degree in Finance or Business related area
• At least 3 years of middle office/operations experience preferred

Nice To Haves

• Experience with Advent Geneva Platform advantageous
• Experience working in a virtual team environment

Responsibilities

• Manage day-to-day tasks and ensure client deliverables are completed and accurate.
• Liaise with client regarding ad hoc issues, establish and maintain relationships with client, vendors and various SST service teams
• Co-ordinate system enhancements or new requirements on behalf of the team. Responsible for the co-ordination of system testing and sign off.
• Engage with multiple stakeholders in managing strategic projects that bring cohesive end-to-end solutions to our clients. Strategically look to customize our service offering in a way that optimizes the proposed operating model.
• Supporting the Shared Services team lead in their role. Ensure lead is kept up to date with relevant issues, escalating problems to the manager as they arise.
• Involved in new client take-on, initialization of funds, new team building, etc.
• People management – Interviewing, perform staff appraisals; address any staff performance issues, etc.
• Work alongside staff in Offshore locations (Poland/India/China)
• Manage training needs of team, ensure training gaps are identified and addressed.

Benefits

• Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees