Senior Associate – Middle Office Operations (Temporary)
IQ-EQ•Fort Worth, TX
•Onsite
About The Position
This role is within the Middle Office Operations team, focusing on providing end-to-end services for the investment sector. The Senior Associate will be responsible for daily and monthly reconciliations, processing corporate actions, and serving as a point of escalation for complex issues. The position requires a strong understanding of financial instruments and alternative investment funds, with a focus on accuracy and client relationship management.
Requirements
- Bachelor’s degree in accounting, finance, economics, or a related field.
- At least 4+ years of financial services experience, specifically in middle office work with alternative investment funds.
- Strong expertise in financial instruments such as equities, fixed income, bank debt, repos, options, swaps, futures, and FX spot/forward contracts.
- Advanced knowledge of margin processes and cash projections.
- Excellent attention to detail, multitasking ability, and strong communication skills for managing client relationships.
- Hard-working, punctual, and personable.
- Solid understanding of hedge funds and private equity.
- Strong accounting and analytical skills.
- Advanced computer proficiency, especially in Excel and portfolio accounting systems like Enfusion or Geneva.
- Required to work full-time in the office.
Responsibilities
- Prepare daily reconciliations of positions and trades between client records and their prime brokers, ensuring accuracy and resolving discrepancies.
- Collaborate with prime brokers to resolve trade breaks and maintain smooth operational workflows.
- Handle monthly reconciliations of tri-party positions, cash, market values, and accruals.
- Prepare performance estimates for COO clients.
- Review monthly Administrator NAV packages.
- Update portfolio accounting systems when needed.
- Maintain fund accrual schedules.
- Process corporate actions such as dividends, splits, and mergers for client portfolios.
- Serve as a point of escalation for complex issues.
Benefits
- Generous paid time off, including 4 weeks of PTO that increases over time.
- Sick time.
- Paid holidays.
- 401(k) plan with a company match (subject to eligibility).
- Medical insurance.
- Dental insurance.
- Vision insurance.
- Mental health support.
- Additional ancillary insurance plans.
- Paid parental leave.
- Hybrid work schedule.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
