Senior Associate, Hedge Fund Trade Operations

SS&C•Union, OH

1d•Hybrid

About The Position

SS&C is hiring a Senior Associate to support middle-office trade operations services for institutional money managers and global hedge fund clients. The role supports the timely and accurate confirmation, fail-trade monitoring, and settlement of client trades across equities, fixed income, foreign exchange (spot and forward), and other asset classes. It is based in Dublin, Ohio, or Union, New Jersey, with a hybrid work arrangement.

Requirements

Bachelor's degree, preferably with a concentration in finance, economics, or a related discipline.
2–4 years of relevant work experience.
Excellent analytical and problem-solving skills and the ability to work independently.
Strong attention to detail.
Ability to prioritize daily processes, ad hoc requests, and issues escalated by clients or other parties.
Intermediate or higher proficiency in Excel.
Ability to communicate professionally and effectively with internal and external stakeholders.
Proven ability to work independently in a hybrid environment.
High computer literacy and ability to learn new systems quickly.
Team-oriented mentality.
Ability to understand the importance of data security and comply with firm-wide procedures.
Knowledge of financial products such as equities, options, futures, mutual funds, collateral, and bonds.

Nice To Haves

Experience with or familiarity with market vendor products such as Bloomberg, DTCC, or OSTTRA (MarkItWire, MarkItServ).
Familiarity with SWIFT messaging.
Interest in learning about foreign markets and global market practices.

Responsibilities

Coordinate with clients, brokers, custodians, and prime brokers to resolve issues and ensure timely trade, FX spot, and FX forward confirmation and settlement.
Research market standards and practices to keep client and broker data current and ensure outgoing SWIFT messages follow current best practices.
Inform and instruct relevant parties about daily and ad hoc cash and securities movements related to collateral and variation margin.
Identify potential issues and escalate them promptly to appropriate internal and external parties.
Maintain and update team procedures across clients and processes.
Develop and maintain strong working relationships with internal and external stakeholders.
Research and communicate upcoming market and regulatory requirements and changes to affected parties.
Identify process-improvement opportunities and work with technology and relevant parties to develop, test, and implement changes.
Understand and mitigate risks associated with late settlement of cash and securities transactions, including market penalties, buy-ins, and claims.
Conduct due diligence to resolve issues promptly and avoid financial or reputational impact.
Compile and prepare wire transfer instructions for fund expenses and investments in accordance with fund manager instructions.
Maintain and update vendor and counterparty wire instructions.