Trading Assistant Job at Multi-Strategy Hedge Fund, Mundelein, IL

  • Multi-Strategy Hedge Fund
  • Mundelein, IL

Job Description

Job Description

Our client, a global multi-strategy focused hedge fund, is looking to expand their broader Trade Support team.

\n

\n

This function sits within the Operations, providing coverage for trading activity spanning numerous clients and product types. The focus of this position is making certain that trades and the events that follow them throughout their lifecycle are logged correctly, fully and without delay, and that Portfolio Managers receive hands-on operational backing whenever they need it. The person in this seat contributes directly to the integrity of risk and P&L figures by reinforcing sound operational controls.

\n

\n

Main Responsibilities

\n

Booking Trades and Managing Their Lifecycle

\n
    \n
  • Watch trading flow throughout the session to confirm nothing is missed or mis-booked.
  • \n
  • Log trades from both voice and electronic execution channels into the relevant systems.
  • \n
  • Stay aligned with regulatory obligations and internal booking standards.
  • \n
\n

Maintaining Reference Data

\n
    \n
  • Review and refresh instrument-level reference data on an ongoing basis.
  • \n
  • Lead the setup process when new clients, traders or funds come on board.
  • \n
  • Protect data quality in ways that keep straight-through processing running smoothly.
  • \n
\n

Matching Trades and Positions

\n
    \n
  • Compare internal books against counterparty records each day.
  • \n
  • Track down the source of any breaks or mismatches and resolve them without delay.
  • \n
\n

Supporting Same-Day Estimates and Portfolio Managers

\n
    \n
  • Help put together, review and circulate same-day estimate figures for Portfolio Managers and funds.
  • \n
  • Develop a solid grasp of how various products behave across their lifecycle — both cash and market value — and how that ultimately shows up in P&L.
  • \n
  • Draw on that knowledge to give Portfolio Managers fast, reliable answers, escalating or researching further as situations require.
  • \n
\n

Driving Improvements and Supporting Projects

\n
    \n
  • Take part in onboarding efforts tied to new business, including new traders and new products.
  • \n
  • Look for ways to make workflows and systems more efficient, and help carry those changes through.
  • \n
  • Assist with documenting procedures, reducing operational risk, and reviewing past incidents.
  • \n
  • Play a role in coaching and developing colleagues on the team.
  • \n
\n

Coordinating Across the Business

\n
    \n
  • Function as a connector between execution traders, portfolio managers and clients.
  • \n
\n

Job Tags

Similar Jobs

Schneider

CDL-A - New pay increase - Over-the-Road (OTR) Van Truckload truck driver Job at Schneider

 ...New pay increase - Over-the-Road (OTR) Van Truckload truck driver Average pay: $960-$1,175 weekly Home time: Every other week Experience: All CDL holders Overview ~ Predictable power lanes with a high volume of freight. ~ Consistent freight allows for maximum... 

woodside health and wellness

Part Time Orthodontic Dental Assistant - Orthodontic Assistant Job at woodside health and wellness

 ...Job Description Job Description Part Time Orthodontic Dental Assistant / Orthodontic Assistant position in Philadelphia, PA. We are looking for a skilled and passionate Part Time Orthodontic Dental Assistant / Orthodontic Assistant to join our Private Orthodontic... 

NRA LOGISTICS CORP

FedEx Ground Delivery Driver Job at NRA LOGISTICS CORP

Job Description Job Description Benefits: ~401(k)~ Bonus based on performance ~ Competitive salary ~ Free uniforms ~ Opportunity for advancement ~ Paid time off Job Summary: Windsor Delivery Corp is looking for reliable and motivated Delivery ...

Smartsheet

Sr. Web UX Designer I (Remote Eligible - Costa Rica) Job at Smartsheet

 ...on what truly matters: judgment, creativity, and big thinking. That is magic at work, and its what we show up for every day.The Web UX Design team, part of Digital Demand Marketing, is looking for a Senior Web UX Designer to design engaging, valuable, and intuitive... 

Hornets

Manager of Communications Job at Hornets

 ...Manager Of Communications Hornets Sports & Entertainment (HSE) is seeking a Manager...  ...mindset and approach towards developing publicity campaigns and announcements. Hornets...  ...community efforts. Assist with public relations and communications efforts around Spectrum...