Associate, Middle Office – EMEA Equity

Associate, Middle Office – EMEA Equity

Posted 47 Days Ago

Balyasny Asset Management L.P. (BAM) founded in 2001, is an institutional investment firm dedicated to delivering consistent, uncorrelated absolute returns in all market environments. BAM has offices in Chicago, New York, Greenwich, San Francisco, Hong Kong and London.

At BAM, we are our talent. We are a growing firm that offers a multitude of professional opportunities. Through BAM’s selective hiring process, we target the best and brightest in the business, and strive to create an environment which attracts and retains top talent. Maintaining a culture where people are energized to come to work is paramount to our success. Our team is motivated to perform each and every day.

As a result, BAM has built a reputation as a firm that provides the tools necessary for talented individuals to achieve their goals and reach their highest potential.

Operations at BAM is a global team, with team members spread around the world. This role will sit within the EU Listed Middle office team based in London.

Candidate profile:

·        Analytical, diligent and detail-oriented Operations professional

·        Thrives in a fast-paced environment

·        Keen to learn and develop

·        Positive “can do” attitude

·        Effective team-player that can also work independently, able to analyse problems and find solutions

·        Confident in front of portfolio managers, traders, and other internal teams; able to communicate ideas clearly even while under pressure

·        Excellent communication and time management skills

·        Ability to multi-task and prioritise the most urgent issues

·        Able to challenge established processes and suggest new ways of working

·        2-3 years of trade support / middle office experience at a hedge fund or a bank

·        Understanding of the full equity and equity swaps trade lifecycle

·        Understanding of all major mandatory and voluntary corporate action types

·        Asset class knowledge of Equities, Equity swaps, Options and Futures

·        Keen to take part in project work alongside BAU and help integrate new technology as it becomes available

·        Experience with CTM, Harmony (Traiana) and Bloomberg would be a plus

Responsibilities:

·        Work closely with the global trading desks and portfolio managers across various Equity strategies – first point of contact for resolution of queries

·        Resolve issues by applying deep understanding of the firm’s trade capture systems, trade management processes, and available reporting tools

·        Perform daily cash, position and trade break reconciliations with brokers, prime brokers and other third parties

·        Monitor P&L and position exposure and provide resolutions to any requests from internal stakeholders

·        Understand the front-to-back operational processes and be able to identify and drive process improvement opportunities to eliminate errors and save time spent on manual tasks

·        Maintain relationships with executing brokers, prime brokers, fund admins and other counterparties