Operations Analyst

  • location: Minneapolis, MN
  • type: Permanent
  • salary: $50,000 - $55,000 per year
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job description

Operations Analyst

job summary:
Operations Analyst II

This position supports the Trade Operations team. This position will be responsible for effectively managing the [PB, OTC, Bank Debt, Futures] settlements process of assigned funds.

This function is responsible for;

  • Managing the treasury management process of assigned accounts
  • Standard settlement instruction (SSI) creation and verification, money transfer setup and release, capital call and redemption processing, and daily account maintenance
  • Prepare and review the daily reconciliation process for transactions, cash and holdings support for the assigned funds
  • Prepare daily reconciliations that are fully supported with source documentation in a standardized format
  • Provide insightful commentary for reconciliations differences in the daily reports
  • Escalation of breaks or unsupported balances
  • Work with client traders, counterparties, custodian/prime brokers and accountants to settle financial transactions
  • Ensure the accuracy and timeliness of daily trade confirmations, settlements and customer reporting
  • Provide back-up coverage for other desks within Trade Operations
  • Manage and monitor the timing and quality of deliverable packages to internal stakeholders
  • Establish plan for new client setup to ensure appropriate access to supporting documentation
  • Coordinate with Fund Accounting group to provide information or obtain internal support
Qualifications

  • Ideally 1-2 years of financial industry experience
  • 4yr College and/or Master's degree in Accounting or Finance
  • Strong internal control orientation
  • Knowledge of hedge fund industry and related products
  • Strong computer skills including proficiency with spreadsheet
  • Strong organizational and detail oriented skills with proven ability to manage and prioritize work to meet deadlines despite frequent interruptions
  • Strong analytical skills and business acumen
  • Strong verbal and written communication skills
  • Strong dispute resolution and effective problem solving skills
  • Demonstrated customer service and continuous improvement focus
  • Ability to work in changing, fast-paced work environment #LI-MW1
 
location: Minneapolis, Minnesota
job type: Permanent
salary: $50,000 - 55,000 per year
work hours: 8-5
education: Bachelor's degree
experience: 2 Years
 
responsibilities:
This function is responsible for;

  • Managing the treasury management process of assigned accounts
  • Standard settlement instruction (SSI) creation and verification, money transfer setup and release, capital call and redemption processing, and daily account maintenance
  • Prepare and review the daily reconciliation process for transactions, cash and holdings support for the assigned funds
  • Prepare daily reconciliations that are fully supported with source documentation in a standardized format
  • Provide insightful commentary for reconciliations differences in the daily reports
  • Escalation of breaks or unsupported balances
  • Work with client traders, counterparties, custodian/prime brokers and accountants to settle financial transactions
  • Ensure the accuracy and timeliness of daily trade confirmations, settlements and customer reporting
  • Provide back-up coverage for other desks within Trade Operations
  • Manage and monitor the timing and quality of deliverable packages to internal stakeholders
  • Establish plan for new client setup to ensure appropriate access to supporting documentation
  • Coordinate with Fund Accounting group to provide information or obtain internal support
 
qualifications:
Qualifications

  • Ideally 1-2 years of financial industry experience
  • 4yr College and/or Master's degree in Accounting or Finance
  • Strong internal control orientation
  • Knowledge of hedge fund industry and related products
  • Strong computer skills including proficiency with spreadsheet
  • Strong organizational and detail oriented skills with proven ability to manage and prioritize work to meet deadlines despite frequent interruptions
  • Strong analytical skills and business acumen
  • Strong verbal and written communication skills
  • Strong dispute resolution and effective problem solving skills
  • Demonstrated customer service and continuous improvement focus
  • Ability to work in changing, fast-paced work environment #LI-MW1
 
skills: Analysis
Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.

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