About the job Middle Office Operations Specialist
Middle Office/Operations Specialist
We are looking for candidates with exceptional skills and an interest in developing a career in financial services/asset management to gain an in-depth understanding of how the hedge fund industry works. The successful candidate will work closely with our investment team to provide quality operational support to a complex and fast growing hedge fund investment business.
Key Responsibilities:
- Daily Operations: Perform daily trade capture and reconciliation, ensuring accuracy and timeliness in settlement processes.
- Stakeholder Communication: Liaise with both internal teams and external brokers to resolve trade issues by end of day (T+0), ensuring timely resolutions.
- P&L Preparation: Assist in preparing daily P&L reports, as well as finance and accounting-related duties, ensuring financial data integrity.
- Margin Call Management: Research and respond to margin calls from external brokers, maintaining accurate records and responding promptly.
- Payments & Settlements: Oversee and ensure that G10 and onshore payments are released accurately and on time, following operational procedures.
- Month-end: Assist with month-end closing and NAV cut
- Process Improvement: Apply project management and problem-solving skills to develop and implement initiatives aimed at improving operational efficiencies and enhancing risk controls in response to regulatory changes.
- System Enhancements: Collaborate with internal and external teams to design and implement front-end to back-end system improvements. Participate in user acceptance testing (UAT) and system configuration as needed.
- Static Data Management: Configure and maintain static data to ensure seamless integration across systems.
- Ad-Hoc Responsibilities: Take on a range of day-to-day operational duties as required by the team.
Qualifications / Ideal Profile:
- 3-5 years of experience working in operations or middle office functions, ideally within a buy-side firm.
- Strong understanding of trade capture, lifecycle management, settlement, reconciliation, and margin call processes.
- Proactive, self-motivated, and capable of managing multiple tasks efficiently in a fast-paced environment.
- Coding skills in VBA, Python, or other programming languages are highly preferred, with a strong ability to automate processes and work with data.
- Experience with Azure SQL database management is a plus.
- Strong communication and interpersonal skills, with the ability to bridge communication gaps between trading and technology teams.
- Experience or familiarity with financial derivatives will be an advantage.
- Proficient in office IT software, including Excel.
- Excellent attention to detail and organizational skills, with a focus on accuracy and meeting deadlines.
- A willingness to learn and support a range of business management activities, including investment, research, finance, operations, and compliance.
About The Company
Modular is a dedicated Asian macro hedge fund manager based in Singapore. The firm exists to meet investors needs for stable, uncorrelated and absolute returns through different market cycles and to offer hedge fund investors greater exposure to Asia.
Qualified Candidates are strongly advised to submit an application via the Join Us page on our website at https://www.modularam.com/
