At a Glance
- Tasks: Manage and run the reconciliations process in-house for a leading hedge fund.
- Company: Join one of Europe's top-performing hedge funds experiencing rapid growth.
- Benefits: Enjoy a competitive salary, 50% bonuses, and flexible work-from-home options.
- Why this job: Gain autonomy in a high-visibility role with opportunities for cross-training and project management.
- Qualifications: Experience in operations or finance is preferred; strong analytical skills are essential.
- Other info: This is a newly created role, offering a unique chance to shape operations.
The predicted salary is between 54000 - 126000 £ per year.
One of the highest performing hedge funds in Europe, going through exponential growth of AUM, geographical coverage and headcount, are looking to make a newly created, specialist / SME hire for its London operations team.
Currently, all reconciliations are carried out by a fund administrator, but the firm will now bring the reconciliations process in-house – the new hire will build out, manage & run this process. The hire will face off to senior managers and PMs – having accurate figures and on-time data is essential to the desk, whilst ensuring that the reconciliations are carried out in a smooth manner.
You will be the primary contact point for external providers; the hire will manage relationships with multiple prime brokers. Whilst reconciliations will be the primary focus of the job, the hire will sit with trader assistants, treasury and finance teams, with some cross-training included.
Once the reconciliations piece is set up in-house, the hire will be given plenty of autonomy to run a broader range of projects in operations / middle office – all things being considered, this is a highly visible and autonomous role in a world-class hedge fund.
The role will target providing the successful hire with a very attractive step-up on his/her current base salary, most likely up to £90k year-one. Top performing operations staff in the business typically earn 50%+ bonuses. It is possible to have some WFH flexibility in this role week-to-week.
Operations Specialist (Recs SME) - Elite Hedge Fund - Up to £90k base + 50% bonuses (WFH flex) (City of London) employer: Mondrian Alpha
Contact Detail:
Mondrian Alpha Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Operations Specialist (Recs SME) - Elite Hedge Fund - Up to £90k base + 50% bonuses (WFH flex) (City of London)
✨Tip Number 1
Familiarise yourself with the specific reconciliation processes used in hedge funds. Understanding the nuances of in-house reconciliations versus those managed by fund administrators will give you a significant edge during interviews.
✨Tip Number 2
Network with professionals already working in operations within hedge funds. Engaging with them on platforms like LinkedIn can provide insights into the role and may even lead to referrals, which can be invaluable in landing the job.
✨Tip Number 3
Prepare to discuss your experience with managing relationships with external providers. Highlighting your ability to communicate effectively with prime brokers and other stakeholders will demonstrate your readiness for this role.
✨Tip Number 4
Showcase your adaptability and willingness to take on broader projects beyond reconciliations. The ability to manage multiple tasks and collaborate with different teams will be crucial in this highly visible role.
We think you need these skills to ace Operations Specialist (Recs SME) - Elite Hedge Fund - Up to £90k base + 50% bonuses (WFH flex) (City of London)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in operations, particularly in reconciliations and relationship management. Use specific examples that demonstrate your ability to manage processes and work with senior managers.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your skills align with the job requirements, especially your experience in building and managing reconciliation processes.
Highlight Relevant Skills: Emphasise skills that are crucial for this position, such as attention to detail, analytical thinking, and the ability to work autonomously. Mention any experience you have with prime brokers or in a hedge fund environment.
Proofread Your Application: Before submitting, carefully proofread your application materials. Ensure there are no typos or grammatical errors, as attention to detail is key in operations roles.
How to prepare for a job interview at Mondrian Alpha
✨Understand the Reconciliation Process
Make sure you have a solid grasp of the reconciliation process, as this will be a key focus of the role. Be prepared to discuss your experience with reconciliations and how you would approach bringing this process in-house.
✨Showcase Your Relationship Management Skills
Since you'll be managing relationships with multiple prime brokers, it's essential to demonstrate your ability to build and maintain professional relationships. Prepare examples of how you've successfully managed stakeholder expectations in previous roles.
✨Highlight Your Analytical Skills
This role requires accurate figures and timely data, so be ready to showcase your analytical skills. Discuss any relevant tools or methodologies you've used to ensure accuracy in your work, especially in high-pressure environments.
✨Prepare for Autonomy and Project Management
The position offers plenty of autonomy once the reconciliations are set up. Be prepared to discuss how you manage projects independently and your approach to prioritising tasks in a fast-paced environment.