Trade Operations Associate, Credit
bluestone searchJersey City, NJ
Trade Operations Associate, Credit
bluestone searchJersey City, NJ
10 days ago
Occupations
Financial Clerks, All OtherFinancial Specialists, All OtherBookkeeping, Accounting, and Auditing ClerksIndustries
Portfolio Management and Investment AdviceMiscellaneous Financial Investment ActivitiesInvestment Banking and Securities IntermediationAbout the role
Our client, a mid-sized Investment firm in Midtown, is looking for an Trade Ops Associate to work on the private credit business as they continue to grow. While a majority of their work is in private equity, this is a great opportunity for an Associate-level candidate to help build out their private credit platform. This role will also incorporate areas of fund accounting. The team is in-office 5 days/week.
Responsibilities:
- Monitor and process daily trade activity to ensure accurate and timely settlement
- Reconcile trades, positions, and cash balances; investigate and resolve breaks or discrepancies
- Coordinate with brokers, custodians, and internal teams to resolve trade issues and confirm allocations
- Work on NAV (Net Asset Value) for a portfolio of assets daily
- Work on monthly and quarterly portfolio and investor reporting
- Cash management, wires, and daily reconciliation duties
Qualifications:
- Bachelor’s degree in Finance, Economics, Business, or related field3–5 years of experience in trade operations (reconciliations, settlements, clearing, allocations, processing, etc.)Strong understanding of trade lifecycle
- Proficiency in Excel and familiarity with trading/portfolio systems
- Experience in fund accounting is a plus
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JOB OVERVIEW
Experience level
Senior
Location
Jersey City, NJ
Occupation
Financial Clerks, All Other
Industry
Portfolio Management and Investment Advice
Posted
10 days ago
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