Consultant - Trading Assistant (Fractional/Contract Role)

Arootah is a rapidly growing advisory and coaching firm specializing in Alternative Investment & Family Office Advisory, Executive & Leadership Coaching, and Talent Acquisition & Development. Founded by Rich Bello, co-founder and COO of Blue Ridge Capital, Arootah leverages deep industry expertise to drive peak performance for executives, teams, and firms across the alternative investments landscape. Founded by Rich Bello, co-founder and COO of Blue Ridge Capital, Arootah leverages deep industry expertise to drive peak performance for executives, teams, and firms across the alternative investments landscape.     Join Arootah’s Network of Business Advisors serving Arootah’s clients on a project basis in the alternative investment industry, including hedge funds, private equity firms, and family offices. Our mission is to deliver top-tier business advisory services tailored to the multifaceted needs of the alternative investments landscape. As part of the network, you will take on project-based assignments that let you apply your expertise directly to our client initiatives. These consulting roles provide the opportunity to work on varied and impactful projects across the alternative investments industry.     Our Services Include:  Advising alternative investment managers with front-to-back office services, including but not limited to operations, business development, due diligence, human resources, and compliance   Providing fractional expert advisors in key operational areas for emerging and established investment firms  Offering executive, life, health, and career coaching for individuals  Delivering talent acquisition and leadership development solutions  Developing SaaS applications for enterprise and consumer use     Visit us at https://arootah.com/advisoryfor more information.  WHO WE NEED:  Arootah is searching for experienced Trading Assistants to consult to our client base.  As a consultant, you will work with our Alternative Asset Firmand Family Office clients to provide expert advice. Having previously served in the role of Trading Assistant you have specific, hands-on experiencing providing trading and system support to a group of investment professionals and serves as the primary point of contact for counterparty, custodial, and fund accountant inquiries for a leading Alternative Asset Firm or Family Office.    What You'll Do

Provide advice and guidance to Arootah clients who seek help with their Trading needs. This will involve consulting to some of the leading Alternative Asset Managers and Family Offices in the world and sharing your experience as a Trading Assistant in helping clients to: 

Develop realistic and effective monthly action plans. Identify internal and contextual roadblocks.  Break apart goals into actionable steps.  Devise a plan of action for each goal. 

Provide the client with resources associated with implementing their action plan. Implement policies, procedures, and control measures.  

Review, analyze and report on client tools and resources to ensure industry best practices.   

Evaluate each client’s advancement toward goal actualization through key performance indicators (KPIs) and scoring matrices.  

Maintain and share detailed and accurate records of consulting results (challenges, breakthroughs, etc.).  

All aspects of the day-to-day management and oversight of dealing with the full life cycle of a trade including the proper booking, settlement, and problem resolution of any trades.   

Assist Traders with pre-trade checks including confirmation of security positions, current cash balances, and available settlement locations. 

Monitor existing positions and coordinate execution with Traders and Portfolio Managers. 

Perform post-trade functions including confirmation and providing allocations to brokers both manually and through electronic platforms. 

Work with Prime Brokers, Administrators, and Custodians to ensure settlement of trades and communicate with all counterparties to resolve any discrepancies. 

Monitor FX matching and netting. Ensure timely settlement to reduce risk of interest claims. Confirm and clear eligible IRS, CDS and NDF positions. 

Assist the trading desk in onboarding new counterparties, markets, or trading systems. 

Track currency hedges or trading needs of other EV departments. Monitor corporate actions and provide color to portfolio managers to assist in making election decisions. 

Assist with reporting under Dodd Frank and EMIR, as well as confirm compliance with local market regulations. 

Ensure regulatory compliance with local, state, and federal laws and regulations as well as making sure that all of the company’s own rules and regulations are followed.  

Assist with other department projects and functions as needed. 

Qualifications

A Bachelor’s degree in Economics, Finance, Mathematics, Accounting, Computer Science, or a related field with a strong academic record.  

3+ years of relevant experience at an Alternative Asset Manager, Hedge Fund, or Family Office dealing with the reconciliation and resolution of trade breaks.   

Must be organized and have strong attention to detail. High level of efficiency and ability to multi-task under pressure. 

Strong communication skills and ability to work both independently and within a team. 

Demonstrated quantitative aptitude. Understanding of basic financial concepts through coursework or job experience. 

Proven experience working with different asset classes in a high-volume environment.   

Demonstrated knowledge of settlement practices and procedures, including familiarity with back-office custodian, brokerage and and clearing agencies.   

Drive to deliver on high value projects and a roll up your sleeves attitude.  

Job Status

Contractor

Hours are based on the needs of the assigned client (0-40 hours per week).