Trading Assistant

Job Title:

• Hedge Fund/Family Office Consultant – Trading Assistant

Who do we need?:

Arootah is searching for experienced Trading Assistants to consult with our highly prestigious client base.

• As a consultant, you will work with our Hedge Fund and Family Office clients to provide expert advice.
• Having previously served in this role, you have specific, hands-on experience providing trading and system support as the primary point of contact for counterparty, custodial, and administrator inquiries for a leading Hedge Fund or Family Office.

What you will do as a Consultant?:

Provide advice and guidance to Arootah clients who seek help with their Trading needs. This will involve consulting with some of the leading Hedge Funds and Family Offices in the world and sharing your experience as a Trading Assistant in helping clients with:

• Best practice reviews
• Developing realistic and effective action plans
• Breaking apart goals into actionable steps
• Vendor selection and oversight
• Creating and implementing policies, procedures, and control measures.
• Evaluating each client’s advancement toward goal achievement through key performance indicators (KPIs) and scoring matrices
• Special projects or other areas of need

Areas of Expertise:

• All aspects of the day-to-day management and oversight of dealing with the full life cycle of a trade including the proper booking, settlement, and problem resolution.
• Assist Traders with pre-trade checks including confirmation of security positions, current cash balances, and available settlement locations.
• Monitor existing positions and coordinate execution with Traders and Portfolio Managers.
• Perform post-trade functions including confirmation and providing allocations to brokers both manually and through electronic platforms.
• Work with Prime Brokers, Administrators, and Custodians to ensure timely settlement of trades and communicate with all counterparties to resolve any discrepancies.
• Confirm and clear eligible IRS, CDS, and NDF positions.
• Assist the trading desk with onboarding new counterparties, markets, or trading systems.
• Track currency hedges or trading needs of other EV departments.
• Assist with reporting under Dodd Frank and EMIR, as well as confirm compliance with local market regulations.
• Ensure compliance with local, state, and federal laws and regulations as well as compliance with the company’s own rules and regulations.

Qualifications and Requirements:

• A Bachelor’s Degree in Economics, Finance, Mathematics, Accounting, Computer Science, or a related field with a strong academic record
• 5+ years of relevant experience at a Hedge Fund or Family Office dealing with the reconciliation and resolution of trade breaks
• Must be organized and have strong attention to detail
• High level of efficiency and ability to multi-task under pressure
• Strong communication skills and ability to work both independently and within a team
• Understanding of basic financial concepts through coursework or job experience
  Proven experience working with different asset classes in a high-volume environment
• Demonstrated knowledge of settlement practices and procedures, including familiarity with back-office custodian, brokerage, and clearing agencies

Perks with us:

• Become part of a well-funded disruptor in the finance and technology space
• The ability to work remotely
• Flexible hours and the ability to choose your assignments
• The hourly consulting rate of pay is expected to be a minimum of $100 and a maximum of $200, per hour. The hourly rate will be determined by several factors which may include, but are not limited to, the length of the individual engagement, level of difficulty, level of specialization required, professional designations, skills, and years of experience.

Be part of a high-energy, thriving company in the early stages of expansion! We are growing our team, now is the time to join!