Senior Associate – Hedge Fund Middle Office Operations

Job Title

What You'll Do

• You'll prepare daily reconciliations of positions and trades between client records and their prime brokers, ensuring accuracy and resolving discrepancies.
• You'll collaborate with prime brokers to resolve trade breaks and maintain smooth operational workflows.
• You'll handle monthly reconciliations of tri-party positions, cash, market values, and accruals, while also preparing performance estimates for COO clients.
• You'll review monthly Administrator NAV packages, update portfolio accounting systems when needed, and maintain fund accrual schedules.
• You'll process corporate actions such as dividends, splits, and mergers for client portfolios, while serving as a point of escalation for complex issues.

What We Offer

• IQ-EQ offers a comprehensive benefits package designed to support employees' well-being and work-life balance.
• Employees receive generous paid time off, including 4 weeks of PTO that increases over time, sick time and paid holidays, and financial wellness is supported through a 401(k) plan with a company match (subject to eligibility).
• Health benefits include medical, dental, vision, mental health support and additional ancillary insurance plans.
• Additional benefits include paid parental leave and a hybrid work schedule, promoting both personal and professional fulfillment.
• The salary for this position will be dependent on experience and location ($70,000-$95,000).