Quantitative Treasury, Margin & Special Projects Associate

  • Market
  • New York, NY, USA
  • Permanent, Full time
  • Non-disclosed
  • 04 Oct 18

Margin monitoring & planning Hard-to-borrow short optimization Tracking compliance with counterparty limits Inputs to the counterparty risk model Counterparty wallet / profitability monitoring

A Leading Fund of Fund in Manhattan is looking for a Full-Time, Permanent, Quantitative Treasury, Margin & Special Projects Associate, who is an excellent process manager and natural multi-tasker who can effectively work on a variety of tasks ranging from daily routine processes to long-term projects. The successful candidate is proactive, has an eye for what really matters, and has the ability to get things done quickly thanks to her/his agile problem- solving skills, perseverance, and effective communication skills.

 

Looking for a well-rounded mix of experience in running technical operational processes and project-based work. 

 

The work will consist of:

 

Margin monitoring & planning

Hard-to-borrow short optimization

Tracking compliance with counterparty limits

Inputs to the counterparty risk model

Counterparty wallet / profitability monitoring

 

The Role

This position is based in New York within the Firm’s Separately-Managed Account (“SMA”) & Direct Trading Platform Management team.  The team works to ensure that the platform has the best possible operational and counterparty setup to meet the Firm’s investment needs.  This includes leading the onboarding and counterparty setup for new managed accounts, optimizing counterparty commercial terms, managing platform balance sheet & margin, and monitoring counterparty risk. The new hire will report to the Head of SMA & Direct Trading Platform Management and work closely with other members of the team.  The individual will also interact with the Firm’s other functional teams (Finance, Risk, Investments) as well as the Firm’s external bank counterparties and SMA sub-advisors.

Specific responsibilities will include:

  • Executing a variety of operational processes designed to optimize important elements of the SMA platform (examples include managing borrow costs for short positions, monitoring margin usage, calculating the Firm’s wallet paid to counterparties, and tracking compliance with counterparty-imposed limits)
  • Creatively enhance processes to improve effectiveness (e.g., build better reporting) and efficiency (e.g., automate tasks)
  • Support the team with targeted analysis related to onboarding new SMA managers, improving the set-up of existing managers, or optimizing our counterparty relationships / set-up
  • Over time, grow into a distinctive problem solver and project manager who can drive critical activities such as onboarding new SMA managers and negotiating with counterparties

Desired Background

  • Undergraduate degree with a distinctive GPA (3.6 or higher); preferably in a quantitative discipline (e.g., finance, economics, mathematics)
  • 2+ years of professional experience with an investment firm or other financial services provider
  • Experience with financial operations, including managing and owning a routine process
  • Successful contributor to project-oriented work

 

To succeed in this role, you must have the following skills:

  • Highly motivated & driven: Takes initiative, goal-oriented, ownership mindset;  “get things done” attitude that extends into working with other groups or outside parties
  • Detail-oriented: Natural curiosity, strive to deeply understand context and business system affecting applications; really can dig into details and achieve understanding of “how things really work”; asks good questions
  • Strong problem solver: Sharp analytical thinking – both conceptual and numerical; good at issue identification and structuring
  • Effective communicator: Very precise and oral and written communication; can distill and communicate the “so what”
  • Collaborative style: Listens well, puts team first
  • Process-orientated: Comfortable executing against a process and following schedules

 

Technical skills: Excel (organizing datasets and performing analyses, including pivot tables / charts).  Experience with databases and T