Operations Analyst

Pharo Management•New York, NY

3d•Onsite

About The Position

We are looking for a Operations Analyst in our New York office. This position is varied in scope and the individual will be responsible for trade capture, trade matching/allocation and the full reconciliation process.

Requirements

One to two years’ work experience at a top tier financial services institution.
A bachelor’s degree in a relevant field (e.g. Finance, Accounting, and/or Economics).
Knowledge of different financial instruments such as bonds, futures, foreign exchange, and derivatives.
Experienced user of Microsoft Excel.
Accuracy, attention to detail, and the ability to use critical thinking independently to resolve issues promptly.
Self-motivated, entrepreneurial, and able to communicate well across all levels of seniority both internally and externally.
Ability to continuously improve operational efficiency and workflow.

Nice To Haves

Experience in the operations area of a hedge fund, investment manager, or prime brokerage firm.
Prior knowledge of MarkitWire, Tradeserve, MTM, CTM, and OTC Clearing.
Strong knowledge of interest rate swaps/credit default swaps and their workflow.
Experienced user of Microsoft Excel. Any VBA/programming experience would be beneficial.

Responsibilities

Liaise with the execution desk to ensure trades are booked on time and trade issues are remedied same day.
Immediately follow up with the desk and our counterparties to resolve any trade breaks.
Actively monitor, allocate and confirm trades across MarkitWire/MTM, Tradeserve, ICE Link, CTM, and Traiana for FX PB trades.
Perform reconciliations across FX, OTC, Futures, Equities and Fixed Income products, following through with FCMs, Prime Brokers, Custodians and our Execution desk to ensure timely resolution.
Coordinate the hedging of FX exposures with Treasury colleagues.
Process OTC and collateral wires, manage fund cash balances, and ensure secure funding in the Money Markets.
Perform swap netting at LCH, CME, and ICE to compress Interest Rate Swaps and Credit Default Swaps.
Review and process FX netting of positions with prime brokers.
Process bilateral and repo collateral movements, resolve disputes promptly and ensure margin calls are met.
Monitor all aspects of UMR compliance, including dispute resolution, collateral substitutions, and exposure threshold monitoring.
Manage local market settlements and all associated corporate action events across multiple African markets.
Manage corporate action events accurately and on time for both mandatory and voluntary events, ensuring entitlements are correctly processed and positions reconciled across custodians, prime brokers, fund administrators, and internal systems.
Liaise with counterparties, fund administrators, and custodians on trade and settlement matters.
Contribute ideas to improving efficiency and controls. Assist with initiatives that support these efforts.
Maintain and periodically review static and reference data.