Investment Operations Associate, Derivatives

We are partnering with a prestigious Boston-based multi-strategy hedge fund to hire a Credit Derivatives Operations Associate. This is a rare opportunity to join an elite, academically driven firm renowned for its evidence-based decision-making, intellectual rigor, and collaborative culture where talent and work ethic, not titles, drive advancement. The role sits at the intersection of operations, accounting, and investments, offering exposure to complex derivative trades, trade lifecycle management, and cross-functional partnership with portfolio managers and treasury.Â

Company / Team / Position Highlights:

• Elite, selective culture: Â Join a firm where PhDs, mathematicians, and diverse graduates collaborate across multiple languages and academic disciplines; many senior leaders began as entry-level hires.
• Evidence over ego: Â Decisions are rooted in data, skepticism, and open debate; your voice matters from day one.
• Career accelerator: Â Proven internal mobility into trading, research, or leadership; retention is exceptional due to meritocracy and growth.

Industry-leading compensation & benefits:

• Competitive base salary (DOE) + substantial annual bonus + profit sharing
• Best-in-class 401(k): 100% match up to IRS limit
• 100% paid healthcare (individual/family) + full deductible reimbursement
• Daily gourmet meals, private gym, yoga, weekly massages
• Generous parental leave and wellness programs

Key Responsibilities:

• Oversee end-to-end derivative operations: trade processing, confirmation, reconciliation, and lifecycle events
• Coordinate timely settlements with counterparties, custodians, and prime brokers
• Perform daily/monthly account reconciliations to ensure accuracy across credit portfolios
• Book trades and investment activity with precision, adhering to internal controls and procedures
• Partner closely with investment, treasury, and accounting teams to align operations with strategy

Qualifications:

• Experience in investment operations, fund accounting, or trade support; public credit or derivatives experience a plus
• Advanced Excel skills; familiarity with reconciliation tools or trade booking systems
• Exceptional attention to detail, reliability, and ability to thrive in a fast-paced, high-accountability setting
• Strong communication and learning agility; must read complex documents and ask smart questions