Hedge Fund/ Prop Trading Desk Operations

Valletta, Malta
Sep 05, 2019
Oct 05, 2019
Job Function
Hedge Funds
Industry Sector
Finance - General
Employment Type
Full Time
Handle cash related matters
  • Manage proactively the lifecycle of the transactions initiated by our trader for a smooth settlement
  • Reconcile cash, positions, market values and transactions for funds and separately managed accounts within the group
  • Liaise with custodians and brokers to solve settlement issues
  • Cash management on funds and separately managed accounts
  • Process corporate actions for all fund and mandates
  • Accruals monitoring and booking when applicable
  • Monitor price feeds and reconcile to external sources
  • Maintain high STP rate and propose process enhancements when applicable

Handle derivatives related matters
  • Book and reconcile P/L and margin account movements against custodians and Prime Brokers
  • Recalculate custodian/Prime Broker margin movements 1st level compliance and risk
  • Monitor guideline breaches on trading system
  • Monitor resolution of guidelines breaks Month end checks and portfolio processing
  • Prepare month end client reporting to clients/fund admin
  • Reconcile performance data between internal and external sources
  • Process swap resets
  • Reconcile and resolve outstanding breaks
  • Handle other Ops related matters and support other staff members

Fund Accounting
  • NAV control, Daily P&L delivery, Investor Allocations, Management and Performance Fee calculation and Reporting
  • Demonstrate a good Knowledge of Accounting Standards (IAS, IFRS, US GAAP ) and provide Oversight of the Year End Fund Audit
  • Delivering efficiencies through automation, Standardisation and STP of processes
  • Oversight of error reports; assessment of control failure and management of control improvements
  • Maintain a robust risk and control frame work around our all deliverables

The Profile
  • Industry/Accounting Qualifications preferred (ACCA, CA, CAIA, CFA, CIMA)
  • Solid understanding of operational risk and controls.
  • Able to work well under pressure and providing solutions to complex problems
  • Clear and concise verbal and written communication in English
  • Excellent organisational skills
  • Proven record of liaising with Audit firms
  • Knowledge of OTC product lifecycle preferred (collateral, reconciliations, settlements)
  • Fund Operations experience mandatory