TITLE: Middle Office Analyst
LOCATION: San Francisco, California
THE COMPANY: Parallax Volatility Advisers, LP (“Parallax”)
REPORTING RELATIONSHIP: Middle Office Manager
Specific Responsibilities include:
- Review daily cash and position reconciliations and resolve breaks with the appropriate parties, including brokers, traders, prime brokers and fund administrator
- Work with Accounting Team to ensure all activity is properly recorded and documented
- Provide day-to-day operations support and assist with portfolio management for the Trading Desk.
- Report daily P&L estimates
- Collateral Management
- Work with the Trading Desk on optimizing the firm’s financing
- Corporate Actions processing
- Manage systematic problems with in-house developers to find solutions that support short and long-term business needs
QUALIFICATIONS:
- Bachelors’ Degree in relevant field of study
- Minimum 2 years’ experience in an operational capacity at a bank, hedge fund, or administrator
- Experience with Equities, Options, Futures, Currencies, Bonds (Convertible and Callable), CDS, CFD’s and OTC Contracts is preferred
- Must be a U.S citizen or authorized to work in the U.S on a permanent basis
- Willingness to work market hours (~6:00am to 3:00pm PST)
SKILLS/KNOWLEDGE:
- Ability to work in a fast-paced, open trading floor environment with exciting operational situations that can arise when markets are busy and time is critical when performing tasks
- Must be highly organized, have strong attention to detail and the ability to meet established deadlines
- Ability to be resourceful, work effectively as a team player and can clearly communicate with individuals at all levels of the organization
TECHNICAL ABILITIES:
- Advanced Microsoft Excel skills and the ability and willingness to learn in house applications/new technologies
- Excel Visual Basics for Applications (VBA) for daily task automation is preferred
Parallax offers extremely competitive compensation and benefits, including (not limited to): 100% paid health insurance, commuter reimbursement, all meals during working hours (when in San Francisco office), and continuing education opportunities.
Parallax is an equal opportunity employer. Please no calls or recruiters.
