Verition Fund Management
Hedge Fund Trade Operations Analyst - Dubai
- Permanent
- Dubai, United Arab Emirates
- Experience 5 - 10 yrs
Job expiry date: 11/12/2025
Job overview
Date posted
27/10/2025
Location
Dubai, United Arab Emirates
Salary
AED 20,000 - 30,000 per month
Compensation
Comprehensive package
Experience
5 - 10 yrs
Seniority
Senior & Lead
Qualification
Bachelors degree
Expiration date
11/12/2025
Job description
Verition Fund Management LLC is a multi-strategy, multi-manager hedge fund focused on global investment strategies including Global Credit, Global Convertible, Volatility & Capital Structure Arbitrage, Event-Driven Investing, Equity Long/Short & Capital Markets Trading, and Global Quantitative Trading. Based in Dubai, the Hedge Fund Trade Operations Analyst communicates with portfolio managers, traders, brokers, and other stakeholders to confirm and settle trades on time while completing daily deliverables and wider trading and operational tasks. The role manages trade lifecycle events across equity products, exchange traded derivatives, OTC derivatives, FX, and fixed income products; assists with trade bookings, lifecycle event processing, P&L inquiries, and daily reconciliations; processes trade allocations, affirmations, settlements, and options exercise/assignments; monitors mandatory corporate action events and liaises with multiple PMs and prime brokers on voluntary elections; performs corporate actions processes for equity and fixed income products; advises Middle Office/Valuations/Cash Recs teams on system-level and/or prime broker-level corporate action breaks; monitors third-party platforms including prime broker portals and administrator systems for trade management; and works with Reconciliation and Control teams to ensure accuracy of internal books and records. The analyst identifies process gaps, drafts detailed requirements with internal and external resources, understands big-picture objectives to streamline workflows and minimize operational risk, conducts due diligence to resolve daily issues to avoid financial or reputational impact, and maintains up-to-date knowledge of industry best practices to develop effective operational policies and procedures. Systems and tools include OSTTRA, Trax, Orchestrade, Geneva, Bloomberg, and Excel.
Required skills
Key responsibilities
- Manage all trade lifecycle events across equities, exchange traded derivatives, OTC derivatives, FX, and fixed income products in close coordination with Trading, Fund Accounting, Technology, and Risk teams.
- Assist with trade bookings, process lifecycle events, support P&L inquiries, and execute daily reconciliations to maintain accurate books and records.
- Process trade allocations, affirmations, settlements, and options exercise/assignments in line with operational timelines.
- Monitor mandatory corporate action events and liaise with multiple portfolio managers and prime brokers on voluntary elections.
- Perform corporate actions processes for equity and fixed income products and advise Middle Office/Valuations/Cash Reconciliations on corporate action breaks.
- Monitor prime broker portals and administrator systems to manage trades and resolve exceptions promptly.
- Collaborate with Reconciliation and Control teams to ensure accuracy of internal books and records.
- Identify process gaps and define detailed requirements with internal and external resources to implement solutions.
- Synthesize big-picture objectives to streamline workflows and minimize operational risk for senior management.
- Develop and maintain strong working relationships with internal and external stakeholders to facilitate timely issue resolution.
- Perform due diligence to resolve daily issues in a timely manner to avoid financial or reputational impact.
- Maintain current knowledge of industry best practices and contribute to operational policy and procedure enhancements.
- Perform other duties as requested by senior management.
Experience & skills
- Undergraduate degree, preferably with a concentration in finance, economics, or a related discipline.
- 5+ years of relevant work experience.
- General knowledge of and familiarity with financial instruments including equities, fixed income, options, swaps, futures, and foreign exchange within domestic and global securities markets.
- In-depth knowledge of interest rate swaps, swaptions, and exchange traded derivatives (highly preferred).
- Familiarity with fixed income and futures delivery processing.
- Systems experience with OSTTRA, Trax, Orchestrade, Geneva, and Bloomberg (beneficial).
- Self-starter with excellent analytical and problem-solving skills and strong attention to detail.
- Ability to efficiently prioritize daily processes, ad-hoc requests, and escalated issues.
- Intermediate or higher Excel proficiency and high level of computer literacy with capability to learn new systems quickly.
- Ability to communicate professionally and effectively with internal and external stakeholders and to work both independently and within a team.
