FX & IR Hedging Trading Operations

Our client is a leading global alternative asset manager with approximately $950 billion in assets under management across Private Equity, Credit, Real Estate, Infrastructure, Insurance, and Multi-Asset Solutions. The firm is looking for a Middle Office Operations professional to support its FX and Interest Rate Hedging desk.You’ll work directly with a team of FX and rates hedging traders and be a key partner across the full trade lifecycle. The job is a mix of hands-on trade operations, hedge program support, and building tools and analytics. It suits someone who knows derivatives operations well, enjoys being close to the trading desk, and wants to make a platform run better and scale.Key ResponsibilitiesTrading Desk & Hedging SupportAct as the primary middle office partner to four FX and interest rate hedging traders, supporting hedging activity across the firm’s funds, vehicles, and investment platformsSupport execution of FX forwards, swaps, and options, as well as interest rate swaps, caps, and cross-currency swapsHelp monitor hedge positions, maturities, rolls, and exposures, and keep the hedge book accurate and currentHelp put new hedge programs in place as the firm launches new funds, strategies, and investment vehiclesTrade OperationsOwn post-trade processes, including trade capture, booking, affirmation, confirmation, and settlementReconcile trades, positions, and cash with counterparties, custodians, and fund administrators, and investigate and resolve breaks promptlySupport collateral and margin processes under ISDA/CSA agreements, including margin calls and disputesCoordinate with Treasury, Fund Finance, Fund Accounting, Legal, and Compliance on counterparty onboarding, documentation, and trade-related workflowsTools, Dashboards & AnalyticsDesign, build, and maintain tools and dashboards that give traders and senior stakeholders real-time visibility into exposures, positions, P&L, and hedge performanceAutomate manual processes and reporting to improve efficiency, accuracy, and scalabilityWork with Technology to improve trading systems, data flows, and integrationsTransaction Cost AnalysisProduce transaction cost analysis (TCA) on hedge execution across counterparties and platformsAnalyze execution quality, spreads, and counterparty performance, and share findings that inform trading strategy and counterparty selectionPrepare regular reporting for the trading desk and senior managementQualifications5–10 years of experience in middle office, trade support, or trade operations at an asset manager, alternative investment firm, hedge fund, bank, or broker-dealerStrong working knowledge of FX and interest rate derivatives (forwards, swaps, options, cross-currency swaps, caps) and their full trade lifecycleExperience with ISDA/CSA documentation, collateral management, and counterparty workflowsProven ability to build tools and dashboards; proficiency in Python and/or SQL and advanced Excel strongly preferred; experience with Power BI, Tableau, or similar a plusExperience with trading and execution platforms such as Bloomberg, FXGO, FXall, 360T, or similarHands-on experience with transaction cost analysis preferredHighly organized and detail-oriented, able to handle a fast-paced trading environment and competing prioritiesStrong communicator who’s comfortable partnering directly with traders and cross-functional stakeholdersBachelor’s degree in Finance, Economics, Mathematics, Computer Science, or a related field