Job Description

IQ-EQ is a preeminent service provider to the alternative asset industry. IQ-EQ works with managers in multiple capacities ranging from hedge fund, private equity fund, and mutual fund launches; private equity fund administration; advisory firm set-up, regulatory registration and infrastructure design; ongoing regulatory compliance (SEC, CFTC, and 40 Act); financial controls and operational support services; compliance and operational related projects and reviews; and outsourced CFO/controller and administration services to private equity fund investments – portfolio companies, real estate assets and energy assets. Our client base is growing, and our existing clients are engaging the firm across the spectrum of our services offerings.

Job Description

• Preparing daily position and trade reconciliations between clients’ books and records and their Prime Brokers’
• Working with clients and prime brokers on trade break resolutions
• Preparing monthly tri-party position, cash, market value and accrual reconciliations
• Preparing monthly performance estimates for COO clients
• Review monthly Administrator NAV Packages and make updates to the portfolio accounting system if necessary
• Build and maintain fund accrual schedules
• Processing Corporate Actions for securities held in client portfolios, including cash and stock dividends, stock splits, and mergers and acquisitions
• Providing support for the conversion of new clients (middle office), including providing training to clients on technology and processes

Qualifications

Successful candidates will have many, if not all, of the attributes below:

• Bachelor’s Degree Required
• BS/BA in accounting, finance, economics, or a related field
• 3-5 years of total experience within the financial services industry. Middle office experience working with hedge funds is preferred
• General knowledge of and familiarity with financial instruments (i.e., equities, fixed income, options, swaps, futures, foreign exchange) within both domestic and global securities markets
• Must have attention to detail and ability to multi-task
• Strong written and verbal communication skills, including client relationship management
• Strong working knowledge of hedge funds and/or mutual funds
• Hard-working, dedicated, punctual and personable
• Strong research and writing skills
• Strong accounting and analytical skills
• Strong computer skills: Advanced Excel, Portfolio Accounting Systems (Enfusion, Geneva, etc.)

Additional Information

Salary based on experience and location ($80,000-$95,000) and full benefits package offered.

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