Trade Support & Strategic Projects Analyst
Apply NowCompany: Soros Fund Management
Location: New York, NY 10025
Description:
Company Description
Soros Fund Management LLC (SFM) is a family office with approximately $28 billion in net assets under management. The majority of the assets are managed on behalf of the Open Society Foundations (OSF), which was founded by George Soros and is one of the largest charitable foundations in the world. OSF supports civil society groups across the world and promotes justice, human rights, democracy, education, public health, and independent media. SFM has approximately 200 employees and is headquartered in New York with offices in London, Dublin and Hong Kong. The majority of the assets are managed internally, and SFM can invest globally in a wide range of investment strategies and asset classes, including equities, credit, fixed income, macro and private equity.
Position Overview
SFM is looking for a high caliber candidate to join our team supporting our Trading Operations. An ideal candidate should have 6-15+ years of industry experience on either the Sell-Side or Buy-Side. Specific hands-on experience building out workflows, applications, or leveraging data/metrics to improve inhouse technology & reduce breaks is preferred. Prior experience in fixed income, multi-strat fund, or bank debit is helpful.
The team works closely with the front-office Portfolio Management and Trade Execution teams on day-to-day trading, as well as our Technology team on both tactical and strategic projects. The Trade Support team has a wide range of responsibility encompassing trade capture, corporate actions, expiries, allocation oversight, and project management. In addition, the team works closely with our out-sourced back-office service provider and administrator on affirmations, settlements, and reconciliations.
Key Relationships
Reports To: The Head of Operations
Other Key Relationships: SFM Portfolio Managers, Trading Desk, Front Office & Ops Technology, Treasury, Risk Management, Trading Counterparts, Prime Brokers & Custodians, Administrators, Controllers, Legal & Tax
Responsibilities:
Trade Capture & Affirmation oversight
Assist in developing and enhancing our internal Trading, Risk/PNL, and Static Data systems to create a best in brand Trading and Operational platform
Analyze and recognize break trends, system deficiencies, diagnose root causes, and devise solutions that add efficiency and optimize our operations
Resolve position & cash breaks across providers and our fund administrator
Oversee & resolve unmatched and failing trades with the Prime Brokers
Coordinate with key stakeholders on financing queries, ad hoc requests, or trade breaks
Ensure all corporate actions & life cycle events are processed timely and accurately
Monitor real-time PnL within systems and investigate issues
Requirements
Pro-active, driven, & ability to get results
Excellent communication skills, team player and have high standards of integrity.
Exceptional attention to detail, ability to multi-task, take ownership, challenge assumptions, and have a desire to learn and grow.
Experience in Sell Side Middle Office or Hedge Fund Trade Support
Experience interfacing with Business Users, Technology Engineers/Developers, and Counterparties (i.e. Executing Dealers, Prime Brokers, Vendors, etc)
Knowledge across equity, fixed income, OTC derivatives & futures is helpful
Experience in trade booking, life-cycle events, and reconciliations
Strong knowledge of Excel
Familiarity working with a Fund Administrator is a plus
Core Values
In all respects, needs to reflect the following core values:
Owner's Mindset
Humility
Teamwork
Curiosity
Integrity
Anticipated Salary Range
We anticipate the base salary for this role will be in the range of $120,000 - $140,000.
In addition to a base salary, the successful candidate will also be eligible to receive a discretionary year-end bonus. Available benefits include (i) a daily meal allowance, (ii) health, vision, dental and disability insurance, (iii) a generous PTO and parental leave policy, and (iii) an employer-sponsored 401k plan (eligible for employer matching).
Soros Fund Management LLC (SFM) is a family office with approximately $28 billion in net assets under management. The majority of the assets are managed on behalf of the Open Society Foundations (OSF), which was founded by George Soros and is one of the largest charitable foundations in the world. OSF supports civil society groups across the world and promotes justice, human rights, democracy, education, public health, and independent media. SFM has approximately 200 employees and is headquartered in New York with offices in London, Dublin and Hong Kong. The majority of the assets are managed internally, and SFM can invest globally in a wide range of investment strategies and asset classes, including equities, credit, fixed income, macro and private equity.
Position Overview
SFM is looking for a high caliber candidate to join our team supporting our Trading Operations. An ideal candidate should have 6-15+ years of industry experience on either the Sell-Side or Buy-Side. Specific hands-on experience building out workflows, applications, or leveraging data/metrics to improve inhouse technology & reduce breaks is preferred. Prior experience in fixed income, multi-strat fund, or bank debit is helpful.
The team works closely with the front-office Portfolio Management and Trade Execution teams on day-to-day trading, as well as our Technology team on both tactical and strategic projects. The Trade Support team has a wide range of responsibility encompassing trade capture, corporate actions, expiries, allocation oversight, and project management. In addition, the team works closely with our out-sourced back-office service provider and administrator on affirmations, settlements, and reconciliations.
Key Relationships
Reports To: The Head of Operations
Other Key Relationships: SFM Portfolio Managers, Trading Desk, Front Office & Ops Technology, Treasury, Risk Management, Trading Counterparts, Prime Brokers & Custodians, Administrators, Controllers, Legal & Tax
Responsibilities:
Trade Capture & Affirmation oversight
Assist in developing and enhancing our internal Trading, Risk/PNL, and Static Data systems to create a best in brand Trading and Operational platform
Analyze and recognize break trends, system deficiencies, diagnose root causes, and devise solutions that add efficiency and optimize our operations
Resolve position & cash breaks across providers and our fund administrator
Oversee & resolve unmatched and failing trades with the Prime Brokers
Coordinate with key stakeholders on financing queries, ad hoc requests, or trade breaks
Ensure all corporate actions & life cycle events are processed timely and accurately
Monitor real-time PnL within systems and investigate issues
Requirements
Pro-active, driven, & ability to get results
Excellent communication skills, team player and have high standards of integrity.
Exceptional attention to detail, ability to multi-task, take ownership, challenge assumptions, and have a desire to learn and grow.
Experience in Sell Side Middle Office or Hedge Fund Trade Support
Experience interfacing with Business Users, Technology Engineers/Developers, and Counterparties (i.e. Executing Dealers, Prime Brokers, Vendors, etc)
Knowledge across equity, fixed income, OTC derivatives & futures is helpful
Experience in trade booking, life-cycle events, and reconciliations
Strong knowledge of Excel
Familiarity working with a Fund Administrator is a plus
Core Values
In all respects, needs to reflect the following core values:
Owner's Mindset
Humility
Teamwork
Curiosity
Integrity
Anticipated Salary Range
We anticipate the base salary for this role will be in the range of $120,000 - $140,000.
In addition to a base salary, the successful candidate will also be eligible to receive a discretionary year-end bonus. Available benefits include (i) a daily meal allowance, (ii) health, vision, dental and disability insurance, (iii) a generous PTO and parental leave policy, and (iii) an employer-sponsored 401k plan (eligible for employer matching).