What are the responsibilities and job description for the Operations Associate position at ABS Global Investments?
ABS Global Investments, which manages global long/short and long only equity strategies is looking to hire an operations associate in their Stamford, CT office. Ideal candidate has 2-5 years relevant experience working in global equities operations with strong technical and communication skills.
Job Responsibilities include:
- Assist with account and market openings for internal and external managed SMAs. Work with custodians, trading desk, administrator, trading manager and vendors to ensure smooth set up.
- Daily reconciliation (positions, pricing, P/L) between OMS and admin/custodian of internally managed accounts. Work with administrator and trading managers to clear reconciliation items.
- Serve as back up to Trading Desk for all trade communication (funding, market color, issues, etc) communicating with Risk team and PM.
- Process month end redemptions and subscriptions working with trading managers, administrator and custodian. Coordinate with accounting for monthly expense processing and funding needs.
- Daily pricing of accounts. Work with the administrator and third-party vendor for any pricing or data issues.
- Respond to ad hoc operational requests from internal groups, trade managers, custodians, PBs, administrator, trading desk and vendors.
- Post trade and best execution analysis.