Operations Associate - Equities

Verition Group LLC • Greenwich, CT

1d

About The Position

Verition is seeking a motivated Operations Associate to join its Middle Office Trade Support team. The Associate will oversee day-to-day operational processes for equity and credit trading activity, including trade capture, affirmation, corporate actions, and reconciliation across multiple markets, custodians, and prime brokers. You will work closely with Trading, Portfolio Management, and other Operations teams to ensure accuracy and timely resolution of breaks.

Requirements

• 3+ years of experience in investment management or fund operations required.
• Working knowledge of custodian and prime brokerage relationships.
• Proficiency in Excel (pivot tables, VLOOKUP/XLOOKUP; macros a plus).
• Strong analytical skills with high attention to detail and accuracy under deadline pressure.
• Excellent communication skills for cross-team and external counterparty coordination.

Nice To Haves

• Experience at a hedge fund, asset manager, or prime brokerage preferred.
• Experience with order management/portfolio management systems (e.g., Bloomberg AIM, FLEX a plus).
• Knowledge of private deals and DWAC/DRS transfer flow a plus.
• Exposure to derivatives, fixed income, or multi-asset operations in addition to equities a plus.

Responsibilities

• Oversee day-to-day operational processes for equity/credit trading activity, including trade capture and affirmation across multiple markets and custodians.
• Apply working knowledge of corporate actions processing (dividends, splits, mergers, rights issues) and help ensure timely, accurate reflection in internal systems.
• Perform cash and position reconciliations between internal books/records and prime brokers; investigate and resolve breaks.
• Coordinate with trading desks and portfolio managers on trade-related matters, including settlement fails, discrepancies, and pricing issues.
• Assist with maintaining and improving trade flow processes, commission schedules, and related operational documentation.
• Support private deal processing and DWAC/DRS flow.
• Apply basic knowledge of P&L calculations to support ad hoc PM inquiries.
• Support onboarding of new brokers, custodians, and counterparties from an operational readiness standpoint.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed