Senior Associate – Hedge Fund Operations

United States, New York


Sound Point Capital Management, a credit-oriented investment manager overseeing more than $13 billion in total assets, is seeking a Senior Associate – Hedge Fund Operations to join its team. This position reports to the Director of Hedge Fund Operations, working closely with other members of the hedge fund operations team to support the many processing requirements of the investment strategy.
Sound Point has a diverse product line including CLOs, hedge funds, mutual funds and separately managed accounts. The firm employs more than 50 people, and has grown steadily since inception.


 Daily cash and position reconciliation with custodians and prime brokers
 Monitor daily account activity at custodians and prime brokers
 Reconciliation and monitoring of open trades
 Responding to prime broker margin and funding calls
 Responding to inquiries from clients, custodians, and administrators
 Communicating with counterparties and agent banks
 Prepare various daily reports for use by operations and investment teams
 Assist with trade bookings, confirmations, allocations and settlements
 Database reconciliation and updates


 Overall 3-5 years of experience in financial operations
 Minimum of 2 of previous experience in Bank Debt operations, specifically
 Prior or current work at a hedge fund administrator
 Highly organized with a working knowledge of the functions and life-cycles of different investment products, such as: bonds, bank loans, swaps, options, and equities
 Strong skills in Microsoft Excel and Outlook
 Strong working knowledge of Advent Geneva
 Knowledge of Black Mountain and/or Indus Valley products a plus
 Prior fixed income operations (Buy or Sell-side) is a plus
 The ideal candidate is particularly attentive to detail, analytical, organized and can handle stressful situations with ease
 An undergraduate degree is required

How to Apply

Qualified applicants should send a resume to

Please quote the "HFM Jobs Board" in the subject line of your application

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