About the job Background Higher Park is an FCA regulated alternative asset manager. Our ambition is to be at the forefront of technical innovation in finance. By sitting at the cross section of finance and technology we aim to deliver unique returns at scale. Through the combination of decades of banking and finance experience with cutting edge technology and data the firm will redefine the standard for alpha generation. The Higher Park founding team have worked together for over a decade, establishing Ivaldi as a $4bn Global Equity Long/Short Multi-Manager. For the last 5 years the team have taken the Ivaldi model and have been refining it, to increase the efficiency of idea collection and portfolio construction, with a focus on scale, repeatability and lowering of delivery costs. Hedge Fund Senior Operations Specialist Higher Park is looking for a Senior Operations Specialist to join on a temp to perm basis in May to help support the operations function. The role will be based 5 days per week at our Mayfair offices. The focus of the role is on the completion of day-to-day operational and control tasks, ensuring company goals are met and key operational and compliance risks are controlled. Main Responsibilities Daily and intraday review of the Middle and Back Office functions liaising with the Higher Park team, Prime Brokers and Executing Brokers as necessary Reconcile daily P&L / NAV versus Fund Admin reports and resolve/identify any breaks unaccounted for Corporate Actions monitor corporate action notifications from Prime Brokers/Bloomberg and set-up Corporate Action events Margin review and validate daily margin statements from Prime Broker and advise Director of Operations of any margin calls or significant changes in margin requirements. Validate collateral postings and exposures with various counterparties Financing review stock / swap borrow fees, interest, overnight rates Broker set-up and Commission reporting Position related Compliance monitoring Skills and Qualifications Essential Must have 3 years experience in Hedge Fund. Asset Management or Investment Banking Operations, Finance and Administration Good understanding of Equity, Fixed Income and Derivative instruments and their life cycles/accounting Demonstrable knowledge of long and short trading, stock borrow and the role of Prime Brokers Strong analytic skills and attention to detail Excellent communication skills Preferable Familiarity with Enfusion Knowledge of shareholding regulatory disclosures Next steps To apply for this role please submit your CV with a covering letter to infohigherpark.co by Friday 2 May. operations hedgefund long short primebroker
Job Title
Hedge Fund Senior Operations Specialist