Operations Specialist - Post-Trade Support (Fixed Income Operations)
Verition Group LLCNew York, New York, United States · Posted 1 month agoDescription
Firm Overview
Verition Fund Management LLC (“Verition”) is a multi-strategy, multi-manager hedge fund founded in 2008. Verition focuses on global investment strategies including Global Credit, Global Convertible, Volatility & Capital Structure Arbitrage, Event-Driven Investing, Equity Long/Short & Capital Markets Trading, and Global Quantitative Trading.
Role Overview
Verition is seeking a motivated Operations Specialist to join its Post-Trade Support (Fixed Income Operations) team. This individual will support the post-trade processing of the firm's global fixed income business, working closely with Trading, Portfolio Management, Prime Brokers, Custodians, and counterparties to ensure the timely and accurate settlement of fixed income transactions while maintaining a strong control environment.
Responsibilities
- Support the end-to-end post-trade lifecycle for fixed income products, including government bonds, corporate bonds, agencies, municipals, repos, and money market instruments.
- Process trade allocations, confirmations, and settlements with custodians, counterparties, and prime brokers.
- Perform daily trade, position, cash, and settlement reconciliations, investigating and resolving discrepancies promptly.
- Monitor settlement activity and proactively manage failed trades, buy-ins, and aged settlement exceptions.
- Coordinate with Trading, Portfolio Management, Treasury, Risk, and external counterparties to resolve operational issues.
- Process coupon payments, principal repayments, maturities, corporate actions, and other fixed income lifecycle events.
- Ensure accurate security master and static data maintenance.
- Monitor daily cash movements and settlement funding requirements.
- Execute daily operational controls and ensure adherence to internal policies and procedures.
- Assist with month-end reporting, audit requests, and regulatory support activities.
- Participate in system enhancements, automation initiatives, and process improvement projects to increase operational efficiency.
- Maintain documentation of operating procedures and support business continuity initiatives.
Qualifications
- 2–5 years of operations experience supporting fixed income products within a hedge fund, asset manager, investment bank, broker-dealer, or custodian.
- Working knowledge of fixed income trade processing, settlement, reconciliations, and lifecycle events.
- Familiarity with products including Treasuries, corporate bonds, agencies, municipals, repos, and money market instruments.
- Experience interacting with custodians, prime brokers, and counterparties.
- Proficiency in Microsoft Excel; experience with Bloomberg, CTM, SWIFT, or reconciliation platforms is preferred.
- Excellent written and verbal communication skills.
- High level of intellectual curiosity, strong work ethic, and a keen attention to detail.
- Ability to work effectively in a team-oriented, fast-paced, and dynamic environment.
- Bachelor's degree in Finance, Accounting, Economics, Business, or a related discipline preferred.
The annual base salary range for this position is $100,000 to $125,000 (USD). In addition to base salary, this position is eligible for a discretionary performance bonus and a comprehensive benefits package. Actual compensation offered to the successful candidate will be determined based on a variety of factors such as geographic location, work experience, qualifications, and skill level.
Similar jobs
Est. 175,000 USD
Firm Overview Verition Fund Management LLC (“Verition”) is a multi-strategy, multi-manager hedge fund founded in 2008. Verition focuses on global investment strategies including Global Credit, Global Convertible, Volatil…
Est. 80,000 USD
Firm Overview Verition Fund Management LLC (“Verition”) is a multi-strategy, multi-manager hedge fund founded in 2008. Verition focuses on global investment strategies including Global Credit, Global Convertible, Volatil…
Est. 85,000 USD
Firm Overview Verition Fund Management LLC (“Verition”) is a multi-strategy, multi-manager hedge fund founded in 2008. Verition focuses on global investment strategies including Global Credit, Global Convertible, Volatil…
Firm Overview Verition Fund Management LLC (“Verition”) is a multi-strategy, multi-manager hedge fund founded in 2008. Verition focuses on global investment strategies including Global Credit, Global Convertible, Volatil…
Est. 160,000 USD
Firm Overview Verition Fund Management LLC (“Verition”) is a multi-strategy, multi-manager hedge fund founded in 2008. Verition focuses on global investment strategies including Global Credit, Global Convertible, Volatil…
Est. 150,000 USD
Virtu is a leading financial firm that leverages cutting edge technology to deliver liquidity to the global markets and innovative, transparent trading solutions to our clients. As a market maker, Virtu provides deep liq…
Est. 175,000 USD
Firm Overview Verition Fund Management LLC (“Verition”) is a multi-strategy, multi-manager hedge fund founded in 2008. Verition focuses on global investment strategies including Global Credit, Global Convertible, Volatil…
Est. 175,000 USD
Firm Overview Verition Fund Management LLC (“Verition”) is a multi-strategy, multi-manager hedge fund founded in 2008. Verition focuses on global investment strategies including Global Credit, Global Convertible, Volatil…
Est. 125,000 USD
Firm Overview Verition Fund Management LLC (“Verition”) is a multi-strategy, multi-manager hedge fund founded in 2008. Verition focuses on global investment strategies including Credit, Fixed Income & Macro, Converti…
Est. 150,000 USD
Est. 120,000 USD
Est. 110,000 USD
Firm Overview Verition Fund Management LLC (“Verition”) is a multi-strategy, multi-manager hedge fund founded in 2008. Verition focuses on global investment strategies including Credit, Fixed Income & Macro, Converti…
Est. 60,000 GBP
Firm Overview Verition Fund Management LLC (“Verition”) is a multi-strategy, multi-manager hedge fund founded in 2008. Verition focuses on global investment strategies including Credit, Fixed Income & Macro, Converti…
Est. 175,000 USD
Verition Fund Management LLC (“Verition”) is a multi-strategy, multi-manager hedge fund founded in 2008. Verition focuses on global investment strategies including Global Credit, Global Convertible, Volatility & Capi…
Est. 130,000 USD
The OES Operations team is critical to our trading business. We manage the processes that connect us to exchanges, counterparties, and internal teams — ensuring assets, information, and trades flow accurately and efficie…
Est. 80,000 GBP
Firm Overview Verition Fund Management LLC (“Verition”) is a multi-strategy, multi-manager hedge fund founded in 2008. Verition focuses on global investment strategies including Global Credit, Global Convertible, Volatil…
Est. 175,000 USD
Firm Overview Verition Fund Management LLC (“Verition”) is a multi-strategy, multi-manager hedge fund founded in 2008. Verition focuses on global investment strategies including Credit, Fixed Income & Macro, Converti…
Est. 150,000 GBP
Firm Overview Verition Fund Management LLC (“Verition”) is a multi-strategy, multi-manager hedge fund founded in 2008. Verition focuses on global investment strategies including Credit, Fixed Income & Macro, Converti…
Est. 175,000 USD
Firm Overview Verition Fund Management LLC (“Verition”) is a multi-strategy, multi-manager hedge fund founded in 2008. Verition focuses on global investment strategies including Credit, Fixed Income & Macro, Converti…
Est. 132,500 USD
Virtu is a leading financial firm that leverages cutting edge technology to offer liquidity to the global markets and innovative, transparent trading solutions to our clients. As a market maker, Virtu provides deep liqui…
Est. 175,000 USD
Firm Overview Verition Fund Management LLC (“Verition”) is a multi-strategy, multi-manager hedge fund founded in 2008. Verition focuses on global investment strategies including Credit, Fixed Income & Macro, Converti…
Est. 150,000 USD
Firm Overview Verition Fund Management LLC (“Verition”) is a multi-strategy, multi-manager hedge fund founded in 2008. Verition focuses on global investment strategies including Credit, Fixed Income & Macro, Converti…
Est. 150,000 USD
Position Overview: Research and implement strategies within the firm’s automated trading framework. Analyze large data sets using advanced statistical methods to identify trading opportunities. Develop a strong understan…
Est. 125,000 USD
Job Purpose: The role provides the opportunity to make an important contribution to the US Equity Operations team. The candidate will be responsible for middle and back-office functions in support of the firm’s US Instit…
Est. 80,000 EUR
Virtu is a leading financial firm that leverages cutting edge technology to deliver liquidity to the global markets and innovative, transparent trading solutions to our clients. As a market maker, Virtu provides deep liq…
Est. 100,000 USD
Position Overview: Manage global trading platform readiness: pre-trading & post-trading Provide monitoring and support for end to end transaction flow across the trading platform Quickly identify, analyze and correct…
Est. 80,000 USD
About the Position We are looking for a proactive, enthusiastic problem-solver to join our Operations team. We sit at the heart of Jane Street’s trading, ensuring that assets, information, and ideas flow smoothly and eff…
Est. 135,000 USD
Firm Overview Verition Fund Management LLC (“Verition”) is a multi-strategy, multi-manager hedge fund founded in 2008. Verition focuses on global investment strategies including Global Credit, Global Convertible, Volatil…
Est. 85,000 USD
About the Position We are looking for skilled analysts to join our Finance group. Our team, like the rest of Jane Street, are critical thinkers and problem solvers. We are ultimately responsible for managing the capital…
Est. 150,000 USD
Verition Fund Management LLC (“Verition”) is a multi-strategy, multi-manager hedge fund founded in 2008. Verition focuses on global investment strategies including Credit, Fixed Income & Macro, Convertible & Vola…