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Bracebridge Capital, LLC

Senior Derivatives Operations Specialist

Reposted 26 Days Ago
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In-Office
Boston, MA, USA
95K-105K Annually
Senior level
In-Office
Boston, MA, USA
95K-105K Annually
Senior level
Manage daily derivative reconciliations and payments, resolve breaks with counterparties and internal teams, prepare and analyze daily margin calls, assist with shareholder statement review, and perform related operational, recordkeeping, and data processing tasks.
The summary above was generated by AI

Bracebridge Capital, LLC is a leading alternative asset manager with approximately $12 billion of net assets under management.  The firm pursues investment strategies primarily within the global fixed income markets with the objectives of capital preservation and absolute return without significant correlation to equity, interest rate and foreign exchange markets.  Established in 1994, Bracebridge manages private investment funds that serve endowments, foundations, pension funds and other institutional and high-net-worth investors.

Approximately 170 employees operate from our office located in Boston’s historic Back Bay. The entrepreneurial and collaborative culture at Bracebridge rewards and supports motivated, dedicated, enthusiastic and intellectually curious individuals. We believe our firm’s greatest asset is the people who work here.

The Senior Derivatives Operations Specialist resides within our Back Office Operations group. This is a great opportunity to work with a dynamic group of people while learning about the operational aspects of our firm.

Primary Responsibilities:

  • Manage, prepare, and review the firm’s reconciliation process on a daily basis for all derivative securities.
  • Reconcile and process principal and interest payments for all derivative securities.
  • Communicate derivative discrepancies with external parties (counterparties, banks, administrators, etc.) as well as internal departments in order to resolve breaks.
  • Project, prepare and analyze daily derivative margin calls.
  • Work with colleagues internally as well as the firm’s external counterparties.
  • Gain a working knowledge of the firm’s general trading strategy, operations, and common cash flows.
  • Assist in reviewing monthly shareholder statements.
  • Other operational, recordkeeping, and data processing assignments as determined.

Qualifications:

  • B.A. degree in Finance, Accounting, or a related field.
  • 3 to 5 years of relevant operational work experience including fund accounting, reconciliation and custody preferred.
  • General understanding of post trade derivative settlements.
  • Understanding of accounting controls as they relate to the investment management industry.
  • Strong communication and interpersonal skills.
  • Proficient in Microsoft Office applications including Excel.
  • Possess exceptional organizational and time management skills as well as attention to detail.

Current anticipated annual base salary range: $95,000 - $105,000

Base salary within the range will be determined by various factors including but not limited to the individual's experience, skills and qualifications.

The Company does not offer visa sponsorship for this role.

HQ

Bracebridge Capital, LLC Boston, Massachusetts, USA Office

888 Boylston St, Boston, Massachusetts , United States, 02199

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