Operations Analyst

As an Operations Analyst at Pharo Management, you will be responsible for trade capture, reconciliation processes, and ensuring trades are booked and managed efficiently. You will liaise closely with the execution desk to tackle trade issues, monitor and confirm trades using various platforms, and perform reconciliations with prime brokers. Additionally, you will manage FX exposures alongside Treasury colleagues and contribute to initiatives aimed at improving operational controls.

Candidates interested in the Operations Analyst role at Pharo Management should possess a bachelor’s degree in Finance, Accounting, or Economics. In addition, having 2 to 5 years of work experience in a hedge fund, investment manager, or a similar financial services institution is beneficial. Candidates with strong knowledge of financial instruments and a self-motivated, detail-oriented mindset will be considered ideal for this position.

At Pharo Management, we believe in fostering a culture of collaboration and innovation. As an Operations Analyst, you will have the opportunity to contribute ideas and take part in initiatives focused on enhancing efficiency and controls within the operational workflow. Your insights will directly impact the processes and practices of our operations team, making continuous improvement a cornerstone of your role.

For the Operations Analyst role at Pharo Management, a strong knowledge of fixed income, interest rate swaps, and various financial instruments is preferred. Essential skills include excellent communication abilities for liaising with multiple parties and attention to detail for accurate trade management. Experience with relevant platforms such as MarkitWire and Tradeserve, along with proficiency in Microsoft Excel, is also highly valued.

The compensation range for the Operations Analyst position at Pharo Management in New York is between $90,000 and $115,000 per year. Compensation may vary based on individual skills and experience, reflecting the firm's commitment to attract top talent in the financial services sector.

When answering this question, highlight specific experiences where you managed trade reconciliations, detailing the methods and tools you used. Discuss any particular challenges you faced and how you resolved discrepancies to maintain operational efficiency.

Provide examples of how you've successfully managed competing priorities in your previous roles. Discuss techniques such as time management strategies, task prioritization based on urgency, and how you utilized tools or software to help keep track of your tasks.

In your response, mention specific platforms you've worked with, such as MarkitWire or Tradeserve. Elaborate on how you utilized these tools to ensure trades are accurately captured and allocated, reinforcing your proficiency in handling operational workflows.

Explain a methodical approach you take when faced with trade discrepancies. Detail the steps you follow to investigate the issue, communicate with relevant teams, and implement solutions, showcasing your problem-solving skills and attention to detail.

When responding, consider emphasizing the importance of attention to detail, as it directly impacts accuracy in trade processing and reconciliations. You might also mention communication skills, as they are essential for coordinating with various internal and external stakeholders.

Give a detailed account of a specific situation where your suggestion led to improvements in efficiency or effectiveness. Include the context, your proposed changes, and any positive outcomes that resulted from your initiative.

Use this opportunity to share your knowledge of OTC derivatives, including any practical experience you have with them. Discuss any relevant coursework, certifications, or past responsibilities that demonstrate your understanding of these financial instruments.

When answering, outline specific processes you follow to verify your work, such as double-checking data entries, utilizing software for error checking, or peer-reviewing with colleagues, to illustrate your commitment to precision in your role.

Provide insights into your previous experience involving cash management responsibilities, detailing how you monitored cash flows, handled funding requests, and managed liquidity issues, thus demonstrating your relevant financial acumen.

Illustrate your ability to remain calm under pressure by outlining your steps for addressing and mitigating risks. Discuss your strategies for communicating with stakeholders and reprioritizing tasks to meet the deadline.