Trading & Operations Manager (Chicago)

Trading & Operations Manager (Chicago) - help create a state-of-the-art investment management open architecture infrastructure for a private equity funded newly created business (ETF's, internally managed funds, hedge funds) within a $100b sub-advised fund. Work directly with the PM's to create the risk and analytics solution and with the head of operations, trading and complaince. Unusual opportunity to design the complete IM infrastructure from the ground-up. Hybrid work schedule. Total compensation $150k - $200k and compensation will not prevent hiring the best.


Open architecture investment management platform (equity/fixed income/alternatives) seeks Trading and Operations Manager to support Portfolio Managers and help manage day to day operations. Candidates should possess understanding of common investment/trading processes and prior experience in investment operations, middle office, or buy side execution.

Key Responsibilities

  • Gain full understanding of firm trade lifecycle, portfolio operations (Eze OMS), and firm dynamics in order to lead/oversee portfolio implementation processes; ensure smooth investment/operational efficiency

  • Work closely with Portfolio Implementation Director to implement investment strategy in timely fashion; deliver efficient trade execution/settlement and collateral management across portfolios

  • Work with external vendors (outsourced operations) across middle/back office, custodian, execution, and fund accounting

  • Oversee cash inflows/outflows; ensure efficient execution of investment mandate/client instructions

  • Assist with timely/effective portfolio rebalancing (including complex transitions/restructures/product launches/closures)

  • Ongoing monitoring of investment positions/asset allocations/cash positions/FX sweeps across portfolios

  • Monitor mandate restrictions/portfolio compliance; liaise with Compliance as needed

  • Work closely with IT to ensure data integrity and improve functionality

  • Develop rapport with internal partners to manage projects, communicate initiatives, and contribute to organization

Key Behavioral Expectations

Drives for Results

  • Executes deliverables in line with the organizational vision and strategy

  • Demonstrates strong business results focus and shared vision for the company’s goals

Creates Culture of Collaboration

  • Proactively seeks and/or embraces opportunities to work across departments and teams to achieve shared objectives

  • Gains trust and support of others throughout the company

  • Places company and team contributions before personal objectives

Change Leadership

  • Understands what’s required for change and adjusts behavior as needed

  • Drives change when appropriate, through interactions with peers and clients

Courageous & Resilient

  • Tackles difficult issues with optimism and remains confident

  • Remains steady and positive in times of adversity

  • Rebounds from setbacks, and reflects in order to grow from difficult experiences

Minimum Qualifications

  • Bachelor's degree; Business Administration, Accounting or Finance focus preferred

  • 5+ years direct experience in asset management, hedge funds, or buy side trading desk, investment ops, middle office, or investment assistant role

  • Experience with multiple investment vehicles (SMAs/mutual funds/CITs/ETFs)

Knowledge, Skills & Abilities Required

    • Excellent teamwork/communication/analytical skills; demonstrated ability to work independently and in team; strong attention to detail; demonstrated ability to multi- task/improve processes; self-starter with ability to learn new concepts/systems/processes