Hedge Fund Operations Associates

AIS is a leading, independent financial services company that provides integrated middle- and back-office and administration services to hedge funds and asset management firms. 

Global Custodian Magazine ranked AIS in 2006  as # 1 and in 2007 as # 2 administrator in the United States in their annual survey. Clients trading a wide range of asset classes and derivatives outsource to AIS for access to state-of-the-art, reliable accounting and valuation, processing and settlement services, investor relations, shareholder records and reporting. AIS’s web-based reporting platform reduces technology investments and operational risks, and focuses client resources on portfolio and risk management. AIS’s focus on the high quality of services provided earns the continuous praise of customers.

We are looking for highly motivated, entrepreneurial people. This is a great opportunity for people who want to be at the center of hedge fund service. We offer a great working enviroment, growth opportunity, compettitive wages and full benefits including 401K.

Hedge Fund Middle Office and Operations Role:Assisting with trade entry into funds Portfolio accounting system. Transmission of executed trades to respective Prime Brokers. Confirmation of trades (where applicable) with Executing Brokers. Reconciliation of trades, investment positions and cash balances to external third parties (banks, prime brokers and counter parties). Corresponding with Fund Managers, Prime Brokers and counterparties to resolve trade related differences (pricing, position or settlement issues). Entry of accounting journals into general ledger system. Management of the funds balance sheet and profit and loss. Assist in the valuation of client portfolios. Involved in the preparation of NAV allocations.Candidates will be working in a fast paced environment and so need to react positively to change and have a can-do attitude.

Qualifications:Good PC skills (particularly excel)Basic accounting is advantageous. An educational background in finance and prior exposure to financial markets are helpful. Shows initiative and an attention to detail when completing tasks. Good communication skills.