Finance Operations Associate (REIT)

February 01, 2018


New York, New York 10019

As a key member of the firm, the Associate will report into the Portfolio Manager and CFO and overall management responsibilities include trade processing, reporting, vendor communication/reporting, control and risk management. The candidate will manage daily operations ensuring vendor service level agreements are met as well as work closely with management to set clear productivity metrics and technology initiatives in enhancing our quality and scalability of our middle and back office operations.

The Associate will work closely with the investment team and finance/accounting for daily intra-day reporting and post-trade processing reports.

Responsibilities and Duties


  • Oversee daily operations and management of our core product offering
  • Further develop productivity metrics that effectively maintains capacity and service level agreements

- Ensure middle/back office controls are met and maintained in accordance with audit, compliance and regulatory requirements and procedures

- Develop and implement procedures and strategies meeting firm wide and street side operational objectives

- Participate in investor/prospective investor meetings and due diligence visits, as needed

- Maintain a culture and environment where processes and controls are continually monitored and potential risks escalated on a timely basis

  • Responsible for all accounting and operational activities for the firm LRES funds including an LP, with multiple investors at the Master Fund level, Reconcile all positions for the fund between the admins, prime brokers and the OMS on a daily basis
  • Prepare daily NAV light for all entities and notate any discrepancies on actual vs expected
  • Maintain detailed capital allocation schedules across all entities
  • Allocate and instruct trades between all entities and ensure proper settlement with multiple prime brokers
  • Frequent interaction with and point person for fund administrator, prime broker(s) and all counterparties
  • Keep detailed and organized documentation of all investor subscriptions and redemptions, including number of investors, ERISA calculations, new-issue eligibility, as well as US tax exempt vs. non-US for the Offshore Feeder
  • Review fund administrator’s monthly NAV closing package, compare it to their internal shadow books, and confirm NAV for distribution to investors.
  • Prepare a number of monthly reports for prime brokers and various investors
  • Prepare financial reporting, investment reporting, and performance analysis of LRES vehicle with CFO/CEO on a monthly basis.


Qualifications and Skills


- BS/BA degree or equivalent in relevant subject (e.g. Finance, Accounting, Mathematics, Management)

- 7+ years of experience in global financial institution, private equity or hedge fund operations

- Energetic, flexible, collaborative, and proactive; a team player who can positively and productively add product impact to both strategic and tactical technology

- Possesses expert level of knowledge in communications and proven success interacting with senior management both in the business, corporate functions as well as the Operations, Business and Technology environments

- Deep product knowledge of Prime Finance, focused on commodities/futures products, with in-depth insight into how Operations and Technology functions within the product set

- Self-reliant, good problem solver, results oriented


Full benefits package

Job Type: Full-time

Salary: $125,000.00 to $150,000.00 /year