Verition Group LLC
Hedge Fund Operations Analyst - Bank Debt/TRS
Verition Group LLC, Staten Island, New York, United States, 10301
Hedge Fund Operations Associate - Bank Debt/TRS
Verition Fund Management LLC ("Verition") is a multi-strategy, multi-manager hedge fund founded in 2008. Verition focuses on global investment strategies including Global Credit, Global Convertible, Volatility & Capital Structure Arbitrage, Event-Driven Investing, Equity Long/Short & Capital Markets Trading, and Global Quantitative Trading. Location:
Norwalk, CT or New York, NY. Responsibilities:
Work closely with Trading, Fund Accounting, Technology, and Risk teams with managing all trade lifecycle events for an array of asset classes with a primary focus on Total Return Swaps and Bank Loans Assist with swap resets, trade bookings, corporate action processing, support on P&L inquiries, and daily reconciliations for Geneva Perform all processes related to supporting Bank Debt, both cash and swap loans Responsible for managing ClearPar timelines and closing loans on Clearpar Setup loans in Geneva and continuously maintain events like PIKs and paydowns within Geneva Review daily transaction, position, and cash reconciliations for TRS & Loan products Identify process gaps, work with internal and external resources to create detailed requirements to solve issues Grasp big picture objectives to help senior management streamline workflows and minimize operational risk Develop and maintain strong working relationships with both internal and external stakeholders; Perform adequate due diligence to completely resolve all issues, in a timely manner, in order to avoid any financial or reputational impact; Maintaining up-to-date knowledge of industry best practices to further develop effective operational policies and procedures; Performing other duties as may be requested by senior management. Qualifications:
BS/BA degree. Exposure to bank loans and other complex financial instruments Geneva, ClearPar, & WSO experience preferred. Self-starter with excellent analytical and problem solving skills Strong attention to detail Ability to efficiently prioritize daily processes and ad-hoc requests Salary Range
$85,000 - $125,000 USD
Verition Fund Management LLC ("Verition") is a multi-strategy, multi-manager hedge fund founded in 2008. Verition focuses on global investment strategies including Global Credit, Global Convertible, Volatility & Capital Structure Arbitrage, Event-Driven Investing, Equity Long/Short & Capital Markets Trading, and Global Quantitative Trading. Location:
Norwalk, CT or New York, NY. Responsibilities:
Work closely with Trading, Fund Accounting, Technology, and Risk teams with managing all trade lifecycle events for an array of asset classes with a primary focus on Total Return Swaps and Bank Loans Assist with swap resets, trade bookings, corporate action processing, support on P&L inquiries, and daily reconciliations for Geneva Perform all processes related to supporting Bank Debt, both cash and swap loans Responsible for managing ClearPar timelines and closing loans on Clearpar Setup loans in Geneva and continuously maintain events like PIKs and paydowns within Geneva Review daily transaction, position, and cash reconciliations for TRS & Loan products Identify process gaps, work with internal and external resources to create detailed requirements to solve issues Grasp big picture objectives to help senior management streamline workflows and minimize operational risk Develop and maintain strong working relationships with both internal and external stakeholders; Perform adequate due diligence to completely resolve all issues, in a timely manner, in order to avoid any financial or reputational impact; Maintaining up-to-date knowledge of industry best practices to further develop effective operational policies and procedures; Performing other duties as may be requested by senior management. Qualifications:
BS/BA degree. Exposure to bank loans and other complex financial instruments Geneva, ClearPar, & WSO experience preferred. Self-starter with excellent analytical and problem solving skills Strong attention to detail Ability to efficiently prioritize daily processes and ad-hoc requests Salary Range
$85,000 - $125,000 USD