Our client, a leading hedge fund, is looking for an Operations Leader to join their team based in LA.
03rd January, 2022
Job Description & Synthesis
The AVP/VP position in Trade Operations will work closely with Trading, Accounting, Treasury, Trade Support and the Investment Teams to forecast and manage cash allocations and availability across various investment sleeves. In addition, this position partners with Trade Support, Corporate Actions, and Bank Debt teams to further their automation and improve their process flow initiatives for straight though processing and automation. Work with technology, compliance, investment teams, and accounting teams as need to collaborate and assist with Trade Operations initiatives. This person will lead various initiatives to increase automation and straight through processing capabilities, improve processes, identify and evaluate technology-based solutions, participate in cross-functional initiatives, work with the technology team to design, write specifications, test, build and deliver new functionality.
Contributing to the development of a centralized Cash Operations team
Cash availability forecasting and addressing upcoming deficits at both a fund and investment sleeve level. Including cash and forward reallocations, foreign exchange, forward roll assistance
Working with third parties and technology to spec out, test and deploy new trade files and trade communication as needed and promptly address any issues that may arise from existing or new files
Working with our FCM and Clearing broker to onboard new accounts for cleared derivatives trading and open accounts for trading in Bloomberg, ICE, and CME
Working with internal teams to onboard new accounts
Collaborate cross departmentally to create a centralized firmwide account master
Driving initiatives to establish and continuously improve automation and efficiency
Writing specifications for technology enhancements
Building out and maintain management reporting tools using PowerBI
Overseeing collateral management process and manage vendor and service provider relationships
Ensuring Oaktree is meeting existing regulatory requirements related to trade processing and reporting and collateral management and staying up-to-date on upcoming regulatory obligations and their expected impact
Working with technology team to design, develop and test new functionality in our OMS Everest
Troubleshooting and enhancing our trade booking and communication systems while addressing, and tracking, exceptions as necessary
Leading the charge to build out a repo & collateral management trade processing and communication workflow
Discovering improvements in the bank debt processing workflow and build out bank debt reporting
Working with industry vendors to evaluate and implement third party software where applicable
Modifying, enhancing, and sunsetting any existing VBA macros as needed
Writing effective procedures and training others when necessary
Building effective working relationships with internal stakeholders
Performing various other tasks and projects as necessary.
Bachelor’s degree required.
5 to 10 years relevant operations experience; specific expertise and knowledge of bonds, equity, syndicated loans, foreign exchange, derivatives, cash management, and repos
Operational understanding of cleared futures, options, CDX, and IRS
Must be able to critically think and independently solve issues and drive projects for improved efficiency and automation
Understating and being able to read SWIFT and XML messages
Strong quantitative and analytical skills
Expert in Excel and other MS Office applications
Knowledge with reading and writing SQL, VBA, VB
Experience working with industry utilities and communication protocols such as SWIFT, FIX, CLS, CTM, VCON, FXAll, etc.
Knowledge of Allvue Everest and Advent Geneva a plus
Knowledge of ASIC and EMIR reporting
Must have outstanding initiative and be a self-starter
Demonstrate non-linear thinking and have excellent written, verbal and interpersonal communication skills
Ability to prioritize and manage multiple competing tasks
Collaborative, team-oriented individual with strong sense of integrity and professionalism