Junior Hedge Fund ops manager

Client DescriptionOur client is a boutique alternative investment firm seeking a highly motivated Operations professional to partner directly with the CFO. This is a broad, hands-on position that will serve as the CFO's primary operational resource, supporting all aspects of middle- and back-office functions within a lean, collaborative environment.

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The role offers exposure across fund operations, fund accounting, financial reporting, trade support, service provider oversight, and operational infrastructure. The ideal candidate enjoys wearing multiple hats, taking ownership of processes, and working closely with senior leadership in a growing investment organization.
Ideal Profile2-10 years of experience in fund operations, within a hedge fund, alternative asset manager, or prime brokerage environmentExperience working in a smaller investment management firm where responsibilities span both accounting and operations ideallyLooking for someone with growth potential rather than a highly senior managerEquity Long/ShortCompensationBase salary targeted up to $140,000Target total compensation approximately $200,000-$250,000Work EnvironmentFull-time, in-office position 5 days a week in midtown Manhattan.ResponsibilitiesPerform daily reconciliations of portfolio positions, cash balances, and profit & loss with prime brokers and third-party fund administratorsInvestigate and resolve trade breaks while coordinating with brokers, counterparties, and administrators to ensure timely settlementProcess daily trade activity and respond to investment team inquiriesMonitor and process corporate actions, dividends, proxy activity, and other lifecycle eventsReview financing relationships and cash balances with counterparties to identify optimization opportunitiesSupport regulatory and investor reporting requirementsAssist with monthly, quarterly, and annual close processes, including reconciliations, supporting schedules, and financial reportingPartner closely with the fund administrator throughout the NAV close and financial reporting cycleReview the accuracy of accounting records, reconciliations, and financial statements prepared by third-party service providersCoordinate annual audit requests and liaise with external auditorsAssist with management company accounting, accruals, expense allocations, and other finance initiatives
Additional ResponsibilitiesParticipate in operational due diligence meetings and respond to investor operational inquiriesAssist with onboarding new service providers and counterpartiesSupport operational compliance initiatives and internal proceduresMaintain relationships with administrators, auditors, brokers, and other key external partnersParticipate in valuation and compliance committee processesIdentify opportunities to improve operational efficiency through automation, technology, and process enhancements
Qualifications xzbcwsv 2-10 years of experience in fund operations, fund accounting, or prime brokerageExperience supporting multi-asset investment strategies is preferredBachelor's degree in Accounting, Finance, Economics, or a related disciplineStrong understanding of hedge fund accounting, fund structures, NAV reporting, and financial statementsExperience working with third-party fund administrators and external auditorsAdvanced Microsoft Excel skills with strong analytical abilitiesExcellent communication and interpersonal skills with the ability to thrive in a small-team environmentExperience with portfolio management, order management, or accounting platforms is advantageousFamiliarity with AI or automation tools for operational efficiency is a plusHighly organized, detail-oriented, and proactive with strong follow-throughSelf-motivated, resourceful, and eager to learnCollaborative mindset with a long-term approach to professional growth