Middle Office - Credit Hedge Fund in London - Robert Walters

This is an amazing opportunity for an experienced Hedge Fund Middle Office (t+1) specialist to join a rapidly growing Credit Fund.

Please reach out if you;

- Have 5+ years' experience in T+1 role, including Settlements, Corporate Actions, Trade Matching, Reconciliations, UAT testing, Projects etc.

- Have covered the following assets (whilst working in a Hedge Fund); CDS, IRS, TRS, OTC Derivatives, Fixed Income, Repos, Bonds, Loans, Swaps, Options, Futures

OPERATIONS SENIOR ANALYST - CREDIT HEDGE FUND

Salary: Competitive
Location: London

Keywords: Derivatives, CDS, TRS, Credit Derivatives, Swaps, Options, Futures, Credit Hedge Fund, Operations, Corporate Actions, Trade Matching, Settlements, Reconciliations, Oversight

A prestigious credit hedge fund in London is seeking an Operations Senior Analyst to join their highly skilled and supportive Operations team. This is a unique opportunity for you to work directly with the Head of Operations, contributing to a collaborative environment where your expertise will be valued and nurtured. The organisation is renowned for its commitment to capital preservation and its flexible investment approach across the capital structure and liquidity spectrum. You will benefit from working alongside knowledgeable professionals who are dedicated to sharing insights and fostering growth. With a generous salary, this role offers not only financial reward but also the chance to develop your skills through ongoing training opportunities and exposure to a wide range of products and markets. If you are looking for a position that combines responsibility, teamwork, and professional development within a respected investment management firm, this could be the perfect next step in your career.

• Work directly with the Head of Operations in a highly collaborative and inclusive team environment, ensuring your contributions are recognised and supported.
• Enjoy flexible working opportunities and access to ongoing training designed to help you grow your knowledge across credit markets and complex transactions.
• Benefit from a competitive salary package while developing your career within a well-established hedge fund that values accuracy, attention to detail, and dependable teamwork.

What you'll do:

As an Operations Senior Analyst - Credit Hedge Fund based in London, you will play an integral role in supporting the day-to-day operations of a leading investment management firm. Your responsibilities will span trade processing, reconciliation, margin monitoring, corporate actions handling, and compliance-related tasks. Working closely with both internal teams and external partners such as administrators and Prime Brokers, you will ensure that operational processes run smoothly and efficiently. Success in this role requires meticulous attention to detail, strong communication skills, and a willingness to collaborate across departments. You will be encouraged to share your expertise while learning from others in a supportive environment that values accuracy, reliability, and continuous improvement.

• Process all trades efficiently using Broadridge Paladyne and Sentry systems, including trade affirmation through platforms such as Omgeo, Icelink, and DTCC.
• Collaborate closely with administrators and Prime Brokers' middle and back-office teams to ensure accurate trade capture and timely settlement of all transactions.
• Take responsibility for managing subsequent fails by monitoring settlements and resolving discrepancies promptly.
• Conduct daily tri-party reconciliations between internal systems, administrators, and Prime Brokers to maintain data integrity.
• Monitor Prime Broker margin requirements and financing needs on a daily basis to support effective risk management.
• Demonstrate understanding of cash products and FX hedging strategies by overseeing related processes.
• Handle corporate actions processing with precision, ensuring all events are captured accurately in relevant systems.
• Participate in monthly reviews of positions and cash balances to contribute to the NAV sign-off process.
• Respond effectively to counterparty KYC and due diligence queries, maintaining high standards of compliance.
• Engage proactively with all areas of the business, supporting colleagues as needed to achieve shared goals.

What you bring:

To excel as an Operations Senior Analyst - Credit Hedge Fund in London, you will bring significant experience from buy-side roles within credit-focused investment firms. Your deep understanding of structured credit products combined with hands-on familiarity with trade processing systems will enable you to manage complex operational workflows confidently. Your interpersonal strengths such as empathy, collaboration, and clear communication will help you build positive relationships both internally and externally. You will demonstrate reliability through your attention to detail while showing flexibility when responding to evolving business needs. By leveraging your technical expertise alongside your supportive attitude towards colleagues, you will contribute meaningfully to the success of the operations function.

• Extensive experience working on the buy-side within credit funds or similar investment management environments for at least five years.
• Comprehensive product knowledge covering Bonds, Repo agreements, Credit Default Swaps (CDS), Foreign Exchange (FX), Loans, Futures & Options (F&O), Total Return Swaps (TRS), FX hedging strategies, and complex transactions.
• Proven ability to understand Profit & Loss statements as well as Net Asset Value (NAV) processes within credit markets.
• Demonstrated accuracy in trade processing using industry-standard systems such as Broadridge Paladyne and Sentry.
• Strong interpersonal skills with a collaborative approach; able to work effectively as part of a team while supporting colleagues across business areas.
• Excellent communication abilities enabling clear interaction with administrators, Prime Brokers, and other stakeholders.
• High attention to detail ensuring precise execution of reconciliations, corporate actions processing, and compliance tasks.
• Dependable work ethic with commitment to maintaining data integrity throughout operational processes.
• Willingness to engage proactively with new challenges while remaining sensitive to the needs of others within the team.

Robert Walters Operations Limited is an employment business and employment agency and welcomes applications from all candidates