Job Number: MS04776Location: NY - New York City
Date Posted: 2019-01-15
Salary Range: $101-125k
HEDGE FUND TRADING ASSISTANT - SITTING ON THE TRADING DESKCompany Information:
Name: Premier Hedge FundJob Description:
Responsible for P&L reconciliation, confirming products held in the portfolio were priced appropriately while coordinating with tech to fix any pricing or P&L issues.
Book and clear equity derivative, FX derivative, and OTC equity derivative trades for multiple portfolio managers, liaising with the counterparty to solve any issues or discrepancies
Reconcile cash and position breaks for equity, derivative and OTC accounts on a daily basis
Manage risk of the portfolio during trading hours, hedging positions when necessary, ensuring the portfolio was delta neutral by EOD
Analyze the impact dividends had on the portfolio, trading out of positions if needed
Requirements / Qualifications:
Secure borrow in stock to use in short selling, while adhering to regulatory and firm requirements
Targeting 1-5 years experience out of a Bank, Hedge Fund or Fund Admin.
Equity Derivatives Experience is required