Operations Analyst

HBK Capital Management • Dallas, TX

10h

About The Position

HBK Capital Management is an alternative investment firm currently managing approximately $9 billion in assets. The firm was founded in 1991 and employs approximately 200 individuals in Dallas, New York, and London. Among the top-rated and longest-tenured hedge funds in the world, we have a refreshingly transparent and team-focused culture, low turnover, and a fun work environment. Exceptional people have always been central to the firm's success, and we strive to hire the best and brightest individuals in all areas of our organization.
HBK is searching for an outstanding Analyst to join our Operations team. The role of the Operations team at HBK is to assist Front Office investment professionals in ensuring timely settlement of all trade executions, reconciling, and confirming the fund’s positions, processing all mandatory and voluntary corporate action events related to the fund’s positions, and reconciling daily profit and loss to the Front Office’s expectation based on the day’s trading activity. The Operations group is divided into two primary sub-groups: Exchange-Traded Settlements and Contractual Settlements.
The Analyst in the Exchange-Traded Settlements group is responsible for reconciling prime brokerage and custody accounts, resolving daily trade breaks and fails, processing corporate actions on current positions, confirming trades, and processing periodic events on positions held in a variety of security types such as options, futures, bonds, and asset-backed securities. This team member will report to the manager of the exchange traded settlements group and the director of operations.
The Analyst in the Contractual Settlements group is responsible for reconciling counterparty positions and cash activity, resolving daily trade breaks, processing corporate actions on current positions, confirming trades, and processing trade life-cycle events on positions held in a variety of derivative products such as interest rate swaps, credit default swaps, total return swaps and FX. The Analyst is also responsible for supporting all activity related to the confirmation and settlement of private placement investments. This team member will report to the manager of the contractual settlements group and the director of operations.

Requirements

• Bachelor’s degree, preferably in Business, Accounting, or Finance with a GPA of 3.5 or higher.
• Excellent verbal and written communication skills.
• Highly collaborative team player, with the ability to effectively build relationships with senior leaders and stakeholders within and outside of the firm.
• Must be highly motivated, organized, and detail oriented.
• The ideal candidate is a self-starter and able to work under pressure relating to daily and weekly deadlines.
• Ability to flourish in a fast-paced, production-driven and high-volume environment.
• Ability to multi-task and prioritize based on ever-changing business requirements.
• Ability to identify problems and propose and implement workable solutions.
• Strong competence in Microsoft Office (Excel in particular).

Nice To Haves

• Knowledge of financial products and/or experience with securities industry is a plus.
• Knowledge of Python and SQL is a plus.

Responsibilities

• Reconciling positions, cash, and activity for prime brokerage and custody accounts daily.
• Resolving daily trade breaks and fails by interacting with the firm’s Front Office and executing brokers.
• Confirming daily trades with executing brokers.
• Processing periodic events on current positions such as options expirations, ABS resets, and coupon interest payments.
• Processing mandatory and voluntary corporate actions on outstanding positions.
• Liaising daily with the fund’s administrator to ensure trades are confirmed and settled on a timely basis.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 101-250 employees