We are currently with an established hedge fund who have been steadily growing AUM and providing increasingly above-market returns.
They are looking to hire a Treasury Operations Team Lead to manage margin requirements (both external and internal), ensure robust cash management, and drive forward change initiatives within the Operations team:
Please contact Michael Durkin – email your cv directly in word format with job reference no. JOB-15058 to michaeldurkin@theedgepartnership.com
Please note that due to the high number of applications only shortlisted candidates will be contacted. If you do not hear from us in the next 5 business days we regret to inform you that your application for this position was unsuccessful.
EA License : 16S8131
Recruiter License : R2090716
michaeldurkin@theedgepartnership.com
Key responsibilities
Margin Responsibilities
- Process and validate margin calls with bilateral counterparties, clearing brokers, and prime brokers, including investigation and challenge of call amounts.
- Verify regulatory vs. non-regulatory initial margin requirements.
- Analyse and compare margin models across counterparties, exchanges, and clearing houses.
- Manage collateral pledging and cash transfers related to margin calls.
Treasury Responsibilities
- Partner closely with the Group Treasury team to optimize firm-wide cash balances and interest income.
- Analyse fund cashflow patterns and provide reporting and forecasts to Treasury.
- Identify opportunities to improve cashflow efficiency.
Internal Financing Responsibilities
- Allocate monthly margin usage to portfolio managers.
- Understand and monitor the internal financing charge model, identifying discrepancies against market rates.
- Respond to portfolio manager queries and explain charge methodologies.
Initiatives & Projects
- Lead process improvement initiatives across margin, treasury, and financing functions.
- Support implementation and integration of new systems.
Role requirements
- Minimum 10 years of relevant experience in collateral, treasury operations, or middle office functions at a major financial institution.
- Proven experience leading and mentoring onshore teams, with a hands-on approach to daily operations.
- Deep understanding of margin concepts, including equity prime brokerage models, exchange margin rules, risk-based margin methodologies, and uncleared margin (SIMM) frameworks.
- Familiar with margin pledging mechanisms governed by ISDA collateral agreements.
- Broad product knowledge across asset classes: FX, FX options and volatility, equities and equity volatility, interest rate and credit derivatives, bonds, TRS, CDS, commodities, and listed products (preferred).
- Programming skills in VBA or Python are a plus.
- Working knowledge of instrument valuation, essential for verifying variation margin