Consultant - Trading Assistant

Who We Are:

Arootah is an early-stage Hedge Fund and Family Office Advisory and Executive/Leadership Coaching firm focused on driving peak performance for both the teams and individuals. Founded by Rich Bello, the co-founder and COO of Blue Ridge Capital, Rich’s aim is to leverage his experience working with top Hedge Fund Executives to achieve peak performance.

Arootah services include: 

Providing expert advisors in key operational areas to emerging/established Investment firms Coaching direct-to-consumer (executive and career coaching) Advising clients with Capital Introduction and Raising for Emerging Managers Investing in a portfolio of public and private companies that make a positive impact Building SaaS applications for both enterprise and consumer use  Providing Talent Acquisition and Development services to the financial industry

Hedge Fund/Family Office Consultant – Trading Assistant

Join our experienced roster of consultants that support Hedge Funds and Family Offices. Arootah is a personal and professional development leader in the Investment and Financial Services industry. Our mission is to provide top business advisory services to our hedge fund client base. Our Business Advisory Services focuses on the multi-faceted needs of Hedge Funds and Family Offices. Arootah was founded by Rich Bello, the Co-Founder and COO of the industry-leading $10 billion hedge fund, Blue Ridge Capital. Rich brings more than 30 years of experience, including leadership positions at Morgan Stanley, Tiger Management, and Ernst & Young. 

Visit us at https://arootah.com/hedge-fund-advisory/ for more information.

WHO WE NEED:

Arootah is searching for experienced Trading Assistants to consult to 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 the role of Trading Assistant you have specific, hands-on experiencing providing trading and system support to a group of investment professionals and serves as the primary point of contact for counterparty, custodial, and fund accountant inquiries for a leading Hedge Fund or Family Office.

What You'll Do

• Provide advice and guidance to Arootah clients who seek help with their Trading needs. This will involve consulting to some of the leading Hedge Funds and Family Offices in the world and sharing your experience as a Trading Assistant in helping clients to:
• Develop realistic and effective monthly action plans. Identify internal and contextual roadblocks.  Break apart goals into actionable steps.  Devise a plan of action for each goal.
• Provide the client with resources associated with implementing their action plan. Implement policies, procedures, and control measures. 
• Review, analyze and report on client tools and resources to ensure industry best practices.
• Evaluate each client’s advancement toward goal actualization through key performance indicators (KPIs) and scoring matrices. 
• Maintain and share detailed and accurate records of consulting results (challenges, breakthroughs, etc.). 
  
  
  
  
  

Who You Are

• 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 of any trades.
• 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 settlement of trades and communicate with all counterparties to resolve any discrepancies.
• Monitor FX matching and netting. Ensure timely settlement to reduce risk of interest claims. Confirm and clear eligible IRS, CDS and NDF positions.
• Assist the trading desk in onboarding new counterparties, markets, or trading systems.
• Track currency hedges or trading needs of other EV departments. Monitor corporate actions and provide color to portfolio managers to assist in making election decisions.
• Assist with reporting under Dodd Frank and EMIR, as well as confirm compliance with local market regulations.
• Ensure regulatory compliance with local, state, and federal laws and regulations as well as making sure that all of the company’s own rules and regulations are followed.
• Assist with other department projects and functions as needed.
  
  
  
  
  

Qualifications

• A Bachelor’s degree in Economics, Finance, Mathematics, Accounting, Computer Science, or a related field with a strong academic record.
• 3+ 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.
• Demonstrated quantitative aptitude. 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 and clearing agencies.
• Drive to deliver on high value projects and a roll up your sleeves attitude.
  
  
  
  
  

Become part of a well-funded disruptor in the finance, wellness, and technology space.

Culture of inspired continuous improvement in all areas of business and life.

The ability to work remote.

Flexible hours and ability to choose your assignments.

Access to our Digital Wellness Center, including past webinars, seminar videos, and workbooks.

Work for a well-funded disruptor in the finance, leadership, and technology space. 

Culture of inspired continuous improvement in all areas of business and life. 

Autonomy in your work. 

The ability to work remote (though we expect this person to be based in the NYC Metro area). 

Competitive benefits including 401k with a match, Health, Dental, Vision, and Life Insurance.