Middle Office Sr. Associate

HedgeServ is a leading global fund administrator with more than $450 billion in assets under administration across all investment vehicles including Hedge Funds, Private Equity Funds, UCITS, Hybrid Credit Managers, Funds of Funds and Managed Account Platforms. We optimize our clients’ experience using unique proprietary technology coupled with robotic process automation, intuitive digital programs powered by machine learning, and enhanced by an extensive proprietary transaction data set. HedgeServ’s entrepreneurial and innovative spirit cultivates a productive and agile environment enabling its team to anticipate clients’ needs and consistently deliver solutions in real time. Led by the most experienced team of industry experts, HedgeServ with 1,500+ professionals around the globe expertly provides customizable solutions for their clients’ risk, portfolio management, middle office, investor relations, accounting, regulatory, compliance, and tax services. Since its inception in 2008, HedgeServ has received numerous accolades, including Top Overall Administrator and #1 rankings for Fund Accounting, Reporting & Reporting Technology, Client Service, Investor Services, Alternative Fund Expertise, and Regulatory Expertise.

HedgeServ is a progressive company with continuously evolving ways of working to ensure a future-focused mindset. Our employees benefit from a robust career development framework and clear learning paths which outline career trajectory, training and progression plans. HedgeServ supports employees through a variety of offerings, including remote and hybrid working arrangements, and fully paid comprehensive health and well-being benefits. HedgeServ was recognized as a Next Gen employer by RippleMatch on its list of 100 top workplaces for Generation Z for 2022. HedgeServ operates 13 offices in the United States, Grand Cayman, Ireland, Poland, Bulgaria, Luxembourg, Philippines and Australia.

As we continue through a period of growth, HedgeServ is searching for future leaders who can make an immediate impact on our already successful team.

The Middle Office Private Equity team is responsible for investigating all Private Equity statements that are sent to HSV from external parties & performing checks to ensure accuracy of information booked. Acting as a support to internal teams, all while looking to grow service offerings to clients as we continue to expand the scope of this team.

A successful candidate will assume considerable responsibility within six to twelve months, serving as a central point of contact for NAV & MO teams on PE transactions, assisting with on-boarding new clients with the guidance of senior team members, and participating in cross-team projects all being possibilities. 

Role Responsibilities:

• Responsible for participating in various initiatives and projects within Middle Office Private Equity. Take a lead role in increasing efficiency and minimize risk
• Assist in calculating and processing capital calls, capital distributions and statements for closed-end funds
• Work with the client & internal teams to ensure daily reconciliation breaks due to activity are verified efficiently to mitigate risk and meet deliverables
• Converse and liaise with internal service departments to resolve issues
• Provide support of best practice for reflection of actions for Nav/MO/Treasury. This may include consulting on process’s & suggesting enhancements
• Analysis of existing PE process’s completed across client teams for Development Initiatives

Pre-Requisite Knowledge, Skills, and Experience:

• 1-3 years of experience in a Private Equity or Middle office/NAV role 
• Industry platform knowledge: familiarity with reviewing Private Equity statements (capital calls & distributions)
• Exposure to various financial products such as Equities, Bonds, Real Estate & Fund of Funds

• Intermediate level of Excel is required 
• Clear and persuasive communicators, who can articulate their actions, identify root causes, and suggest improved ideas
• Ability to positively influence team morale
• Ability to be flexible and work effectively both within a team structure and independently