Trade Operations Associate

MIO Partners•New York, NY

18h•Hybrid

About The Position

MIO Partners is seeking a Trade Operations Associate to join the Finance team and support the firm’s trade operations infrastructure and daily processes. This role is responsible for ensuring accurate capture, confirmation, daily pricing, margin processing, and ongoing monitoring of trading activity within the Portfolio Management System (Orchestrade). The individual will work closely with Trade Operations colleagues and collaborate across Investments, Risk Operations, Finance, and Technology teams to support day-to-day operational processes and strategic infrastructure initiatives. In addition to core operational responsibilities, this role will play an active part in enhancing and optimizing the firm’s trade operations infrastructure, including designing and developing improvements to the portfolio management system and related workflows. The ideal candidate is detail-oriented, analytical, and solutions-driven, with a strong understanding of trade lifecycle management across listed and OTC products. Over time, the successful candidate will have opportunities to expand their responsibilities and contribute more broadly across the team and organization.

Requirements

5-10 years of experience in a trade support, middle office, or operations role at a hedge fund, fund administrator, investment manager, or other institutional trading environment
Strong experience supporting OTC derivatives products, including interest rate swaps and equity-linked swaps, with a thorough understanding of post-trade processing and trade lifecycle management
Experience with portfolio management systems is required; familiarity with Orchestrade is strongly preferred.
Intermediate understanding of OTC valuation concepts, including curves, volatility surfaces, hazard rates, and related market data inputs
Advanced Excel skills and familiarity with Bloomberg are required
Experience working across multiple operational systems and coordinating with counterparties, custodians, fund administrators, and technology teams in a complex trading environment
Demonstrated ability to manage competing priorities and operate effectively in a fast-paced environment with a high degree of accuracy and attention to detail
Operational excellence and ownership: Demonstrated ability to execute routine processes with a high degree of accuracy and consistency while proactively identifying opportunities for improvement and automation. The ideal candidate is hands-on, accountable, and takes pride in producing precise, high-quality work.
Strong problem-solving and analytical capabilities: Ability to identify, structure, and resolve operational issues in a thoughtful and detail-oriented manner. The ideal candidate is process-driven and naturally seeks to understand how systems and workflows operate end-to-end.
Intellectual curiosity and continuous learning mindset: Desire to understand not only how processes function, but why they are designed a certain way. Interest in deepening technical knowledge across products, valuation concepts, systems, and market infrastructure over time.
Strong communication and collaboration skills: Ability to communicate clearly and confidently with a wide range of stakeholders, including Portfolio Managers, traders, operations teams, and developers. Able to translate complex operational or technical concepts into a practical business context.
Quantitative aptitude: Comfort working with data, reconciliations, pricing concepts, and formulas, with the ability to apply analytical thinking in an operational environment.
Team and values orientation: Desire to work in a collaborative, values-oriented environment. The ideal candidate prioritizes the interests of the organization and its clients above personal objectives and demonstrates strong integrity, professionalism, and teamwork.
Applicants must be authorized to work in the U.S. without the need for employer-sponsored work authorization, now or in the future.

Nice To Haves

Exposure to Geneva and/or Arcesium is a plus, but not required

Responsibilities

Input and validate listed and OTC trades within the Portfolio Management System (Orchestrade)
Ensuring accurate downstream trade and position flows to Arcesium
Process post-trade workflows for OTC and listed securities
Review, reconcile, and confirm OTC derivative transactions
Reconcile trades with counterparties, custodians, and prime brokers
Manage and resolve trade exceptions in coordination with traders, fund administrators, custodians, and counterparties
Perform position and PnL reconciliations across internal and external systems
Monitor and process all trade lifecycle events
Oversee and support the daily pricing and valuation process
Monitor, troubleshoot, and resolve issues within the PMS and related trade operations infrastructure
Set up and maintain new books, securities, counterparties, and user access within the PMS
Investigate and resolve complex pricing issues, including analysis of curves, volatility surfaces, and market data flows
Process internal book transfers and related operational activities
Assist with onboarding new brokers, trading platforms, counterparties, and operational systems
Partner with Technology and other Operations colleagues on process improvements, automation initiatives, and system enhancements