What are the responsibilities and job description for the Associate - Middle Office Hedge Fund Operations position at IQ-EQ?
Job Description
Job Description
Company Description
IQEQ is a preeminent service provider to the alternative asset industry. IQEQ works with managers in multiple capacities ranging from hedge fund, private equity fund, and mutual fund launches; private equity fund administration; advisory firm set-up, regulatory registration and infrastructure design; ongoing regulatory compliance (SEC, CFTC, and 40 Act); financial controls and operational support services; compliance and operational related projects and reviews; and outsourced CFO / controller and administration services to private equity fund investments – portfolio companies, real estate assets and energy assets. Our client base is growing, and our existing clients are engaging the firm across the spectrum of our services offerings.
Job Description
Hedge Fund Operations Senior Associate (Middle Office Operations)
You will be working directly with leading private equity and hedge fund firms in the alternative asset industry under the guidance and direction from our experienced team of industry veterans. You will be facilitating our service offering by assisting, performing, and reviewing the following :
Responsibilities :
- Preparing daily position and trade reconciliations between clients’ books and records and their Prime Brokers’
- Working with clients and prime brokers on trade break resolutions
- Preparing monthly tri-party position, cash, market value and accrual reconciliations
- Preparing monthly performance estimates for COO clients
- Review monthly Administrator NAV Packages and make updates to the portfolio accounting system if necessary
- Build and maintain fund accrual schedules
- Processing Corporate Actions for securities held in client portfolios, including cash and stock dividends, stock splits, and mergers and acquisitions
- Providing support for the conversion of new clients (middle office), including providing training to clients on technology and processes
Qualifications
Additional Information
Include in Additional Info :
Salary based on experience and location ($52,000 - $66,000) and full benefits package offered.
Salary : $52,000 - $66,000
