ABOUT VERITION Verition Fund Management is a global multi-strategy hedge fund with expertise across equity, fixed income, and derivatives markets. Our US offices sit at the center of our operations, supporting a broad range of investment strategies across global markets. ROLE OVERVIEW Verition is seeking a motivated Operations Associate to join its Cash & Position Reconciliation team.

The Associate will be responsible for daily cash and position reconciliation across a high volume of transactions, multiple accounts, counterparties, and asset classes, leveraging a suite of internal and third-party systems. You will work closely with Trading, Technology, and other Operations teams to ensure accuracy and timely resolution of breaks.

KEY RESPONSIBILITIES

Perform daily cash and position reconciliations across internal systems, external platforms, and Prime Brokers. Investigate, analyze, and resolve high-volume reconciliation breaks across multiple platforms and systems. Escalate and drive timely resolution of outstanding breaks.

Maintain accurate transaction records across internal and third-party systems. Identify process gaps and partner with internal and external stakeholders to develop and implement solutions. Respond to queries and ad hoc requests from Trading, Technology, and other Operations teams in a timely manner.

REQUIREMENTS

Bachelor's degree required. 3+ years of operations or financial services experience; exposure to Equities, Credit, Derivatives, and/or Rates a plus. Experience with DUCO or similar reconciliation tools preferred.

Self-starter with strong analytical, communication, and problem-solving skills. High attention to detail and commitment to accuracy in a high-volume environment. Ability to manage competing priorities and meet deadlines in a fast-paced, dynamic environment.

Collaborative team player comfortable working across Trading, Technology, and Operations functions.

Operations Associate - Cash & Position Reconciliations