Senior Manager, Middle Office Hedge Fund Operations

IQ-EQ • Stamford, CT

2d • $175,000 - $200,000 • Onsite

About The Position

We’re a leading Investor Services group offering end-to-end services in administration, accounting, reporting, regulatory and compliance needs of the investment sector worldwide. We employ a global workforce of 5,800+ people across 25 jurisdictions and have assets under administration (AUA) exceeding US$750 billion. We work with 13 of the world’s top-15 private equity firms.
Our services are underpinned by a Group-wide commitment to ESG and best-in-class technology including a global data platform and innovative proprietary tools supported by in-house experts. Above all, what makes us different is our people. Operating as trusted partners to our clients, we deliver intelligent solutions through a combination of technical expertise and strong relationships based on deep client understanding.
We’re driven by our Group purpose, to power people and possibilities.
Please note: This role will be a dedicated resource for one of our premiere clients. The candidate is required to be onsite, 5 days a week, at the client’s Stamford, Connecticut office

Requirements

• You must have a bachelor’s degree in accounting, finance, economics, or a related field, along with at least 5+ years of financial services experience, specifically in middle office roles with alternative investment funds.
• You need strong expertise in financial instruments such as equities, fixed income, bank debt, repos, options, swaps, futures, and FX spot/forward contracts, plus advanced knowledge of margin processes and cash projections.
• You should demonstrate excellent attention to detail, multitasking ability, and strong communication skills for managing client relationships, while being hardworking, punctual, and personable.
• You are expected to have a solid understanding of hedge funds and private equity, strong accounting and analytical skills, and advanced computer proficiency, especially in Excel and portfolio accounting systems like Enfusion or Geneva.
• You will be required to work full-time in the office, applying your dedication and technical expertise to support operational and client-facing responsibilities.

Responsibilities

• Prepare daily reconciliations of positions and trades between client records and prime brokers, ensuring accuracy and resolving discrepancies.
• Work closely with prime brokers to resolve trade breaks and maintain smooth operational processes.
• Manage monthly reconciliations of tri-party positions, cash, market values, and accruals, while also preparing performance estimates for COO clients.
• Review Administrator NAV packages each month, update portfolio accounting systems when necessary, and build and maintain fund accrual schedules.
• Process corporate actions such as dividends, splits, and mergers for client portfolios, while serving as a point of escalation for complex issues.

Benefits

• IQ-EQ offers a comprehensive benefits package designed to support employees' well-being and work-life balance.
• Employees receive generous paid time off, including 4 weeks of PTO that increases over time, sick time and paid holidays, and financial wellness is supported through a 401(k) plan with a company match (subject to eligibility).
• Health benefits include medical, dental, vision, mental health support and additional ancillary insurance plans.
• Additional benefits include paid parental leave and a hybrid work schedule, promoting both personal and professional fulfillment.
• The salary for this position will be dependent on experience and location ($175,000-$200,000).

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1-10 employees