Operations Associate at Global Macro Fund London
OCR Alpha are partnering with a multi-billion dollar hedge fund (c.$5bn+ AUM) that is continuing to build out its infrastructure and is now making a key Operations / Trade Support hire.
The firm runs a Global Macro strategy across multiple funds, trading FX, Rates, Credit, Commodities and a broad range of derivatives. This is a genuinely hands-on role within a Macro / Rates trading environment, offering broad exposure across the full trade lifecycle and close day-to-day interaction with traders, treasury, counterparties and the fund administrator.
You’ll sit at the centre of the front-to-back process - supporting live trading activity, ensuring robust controls and acting as a key point of coordination across internal and external stakeholders. Given the function is being built out, there is real scope for the successful hire to help shape processes, improve workflows and take ownership of how the middle office operates as the platform scales.
Key responsibilities will include:
- Trade capture and lifecycle management across FX, rates, credit and derivatives products
- Trade booking oversight and ensuring timely, accurate confirmation and affirmation
- Managing settlement workflows and resolving trade breaks across internal systems, counterparties and the administrator
- Supporting lifecycle events (amendments, resets, rolls, novations, exercises, terminations) and ensuring accurate downstream processing
- Liaising with treasury on funding, collateral and cash movements where required
- Working closely with counterparties, brokers, custodians and service providers to ensure smooth daily operations
- Producing/maintaining control reports and contributing to process improvement as the function matures
Requirements:
- 3+ years’ experience in Operations / Middle Office / Trade Support (ideally buy-side, but strong sell-side candidates considered)
- Good product exposure within Macro, with particular strength across Rates and interest rate products (e.g., govies, swaps/IRS, futures) - CDS exposure is beneficial
- Strong understanding of the full trade lifecycle from execution through to confirmation, settlement and reconciliation
- Comfortable operating in a fast-paced trading environment with high attention to detail and strong ownership mindset
- Confident communicator who can build credibility with traders and senior stakeholders
While the fund is already well established, it remains relatively young and ambitious, having launched only a few years ago. This is a high-visibility hire with the opportunity to play a meaningful role in building the middle office from the ground up, with a clear path to grow into a senior/lead operations position as assets, trading activity and headcount expand.
If interested, please apply or get in touch to find out more.
Please note: due to the high volume of applications, we may not be able to respond to every applicant individually.
