Senior Manager/Associate Director - Trade Accounting & Operations

PFB the JD

Senior Manager/Associate Director - Trade Accounting & Operations (Arcesium)

Arcesium recently spun out of the D.E. Shaw group with the goal of becoming the leading provider of technology and services solutions for the middle- and back-office needs of asset managers. Arcesium offers a complete technology and services platform, including comprehensive trade capture, portfolio management, treasury, and data warehousing needed to support shadow accounting record keeping.

We are looking for a Senior Manager / Associate Director for our Trade Accounting and Operations group based in Hyderabad. The group handles post trade activities for hedge funds with one of their core daily objectives being ensuring post trade activities happen in a timely manner and record an accurate view of positions, cash and P&L in the books. The group works closely with counterparties and investment managers to achieve this and the primary activities for the same include daily street reconciliations, settlements, P/L reconciliations and fund accounting (GAV / NAV preparation). The group deals with a variety of strategies and different kinds of financial instruments, spanning different geographies and time zones.

The primary responsibilities include :

- Driving IT / Ops projects and playing an active oversight role in day-to-day operations, escalation of aged breaks, business-as-usual troubleshooting and setting direction and goals for individuals.

- Accountability for work product of the team - daily trade, position and cash reconciliations to the prime broker / custodians as well as all income / expense accruals.

- Working with investment managers and prime brokers to resolve day-to-day exceptions as well as develop more strategic initiatives.

- Liaising with other internal functions like pricing, middle office and collateral management to resolve discrepancies and/or respond to internal queries.

- Assisting the team and playing a review role for the accounting close (monthly / bi-weekly); providing adequate support for outstanding breaks, and preparation of month-end binder.

- Working with the team in NY and locally to define strategy, new automation's, project prioritizations etc.

- Providing assistance to auditors and fund administrators during the audit and NAV finalization process.

- Working with technology teams as needed, by assisting in special projects, developing bespoke reports, developing specifications, product implementation and UAT.

- The ideal candidate must have an MBA (Finance) / CFA / CA or any another equivalent qualification with 10-15 years of work experience in collateral management for hedge funds and familiarity with typical financing arrangements as well as various margining methodologies.

- He/She should have in-depth domain/finance knowledge, attention to detail, the ability to work with minimal supervision and experience in managing high performers.

- Additionally, a drive to enhance the efficiency of processes, strong project management skills, effective managerial ability, and strong communication and collaboration skills are a prerequisite along with proficiency in MS Excel.

- Experience in securities lending and borrowing as well as optimization of portfolio financing would be an added advantage.

Aastha
M:- +917503017018