1

Hedge Fund Operations Associate Jobs in Ontario (NOW HIRING)

Onex is seeking a talented Senior Associate, Fund Operations, Credit to join our Toronto team. In this pivotal role, you'll drive fund accounting, performance reporting, and NAV reconciliation for ...

We are looking for a founding Associate to join the Sagard AI Fund. This is a rare entry point into ... Fund Operations * Leverage AI tools such as Claude and Codex to automate repetitive work and ...

next page

Showing results 1-20

Hedge Fund Operations Associate information

See Ontario salary details

$25.5K

$71.8K

$135.5K

How much do hedge fund operations associate jobs pay per year?

As of Aug 11, 2026, the average yearly pay for hedge fund operations associate in Ontario is $71,779.00, according to ZipRecruiter salary data. Most workers in this role earn between $49,500.00 and $82,000.00 per year, depending on experience, location, and employer.

What does a hedge fund operations associate do?

A Hedge Fund Operations Associate is responsible for supporting the daily operational activities of a hedge fund. This includes trade settlement, reconciliation of accounts, managing fund cash flows, and ensuring accurate record-keeping of portfolio transactions. They also work closely with portfolio managers, traders, and external service providers to resolve discrepancies and facilitate smooth fund operations. Their role is crucial to maintaining compliance, minimizing risk, and ensuring the fund's financial accuracy.

What is the difference between Hedge Fund Operations Associate vs Hedge Fund Analyst?

AspectHedge Fund Operations AssociateHedge Fund Analyst
Primary FocusOperational tasks, trade processing, compliance, and fund administrationInvestment research, portfolio analysis, and strategy development
Required SkillsAttention to detail, operational knowledge, familiarity with trading systemsFinancial modeling, market analysis, strong analytical skills
CredentialsBachelor's degree, often certifications like CFA or CAIABachelor's or master's degree, CFA often preferred
Work EnvironmentSupportive, process-oriented, collaborativeResearch-driven, analytical, strategic

While both roles are integral to hedge fund operations, the Hedge Fund Operations Associate primarily handles operational and administrative tasks, ensuring smooth fund functioning. In contrast, the Hedge Fund Analyst focuses on investment analysis and strategy development. Understanding these differences helps candidates align their skills and career goals with the right role.

What are some common challenges faced by hedge fund operations associates, and how can they be managed effectively?

Hedge Fund Operations Associates often navigate highly detailed, fast-paced environments where accuracy and timeliness are crucial. Common challenges include reconciling complex trades across multiple systems, managing tight deadlines for reporting and settlements, and coordinating with both internal teams and external service providers. To manage these effectively, strong organizational skills, attention to detail, and proactive communication are essential. Many firms provide ongoing training and support, and collaboration with experienced colleagues can help new associates adapt and excel in the role.

What are the key skills and qualifications needed to thrive as a hedge fund operations associate, and why are they important?

To thrive as a Hedge Fund Operations Associate, you need strong analytical abilities, attention to detail, and a background in finance or accounting, often supported by a relevant bachelor's degree. Familiarity with portfolio management systems, trade reconciliation software, and platforms like Bloomberg or Excel is typically required, with some roles valuing certifications such as the CFA. Strong organizational skills, problem-solving, and effective communication are key soft skills for managing complex transactions and collaborating with internal and external stakeholders. These skills and qualities are vital for ensuring accurate trade processing, risk mitigation, and smooth fund operations in a high-stakes financial environment.
Infographic showing various Hedge Fund Operations Associate job openings in Ontario as of August 2026, with employment types broken down into 85% Full Time, 12% Part Time, 1% Temporary, and 2% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $71,779 per year, or $34.5 per hour.

Alternative Fund Services Fund Accounting Analyst

JP Morgan Chase

Toronto, ON • On-site

Full-time

Re-posted 25 days ago


JPMorgan Chase & Co. rating

8.0

Company rating: 8.0 out of 10

Based on 493 frontline employees who took The Breakroom Quiz

72nd of 171 rated banks


Job description

Alternative Fund Services (AFS) - Fund Accounting Analyst JPMorgan AFS delivers an extensive solution for hedge fund, private equity, and fund of hedge fund clients seeking independent administration and custody services or to outsource their day-to-day operations. The Fund Accounting team has the responsibility for providing a premium quality client service to AFS Clients, ensuring deadlines are met at all times.

Job Responsibilities:

  • Preparation/Review/Oversight of Net Asset Value Files and Review/Oversight of Daily Profit and Loss Calculations
  • Preparation/Review of fund, share class, and investor allocations including calculations of management and performance fees
  • Ensure all scheduled work is completed by agreed deadlines, checklists are signed and files contain all required documentation including ensuring all controls and procedures outlined in the procedures manual and general company policies are complied with across all groups
  • Develop a thorough knowledge of our client base and building relationships with Investment Managers and other related third parties and create, maintain and update procedures for client specific deliverables
  • Work closely with the new business team and client through the on-boarding process and on-going review of daily controls and communication of any new training or procedural changes to your team
  • Work closely with your clients to resolve queries and providing first level account and with investment operations, reconciliations, investor relations and financial reporting teams to agree with internal deadlines to ensure external client deadlines are met
  • Assist with training and coaching new team members as the group grows and ensure that technology available is being fully utilized in the most efficient manner. Report to management on MIS and ad hoc that issues that may arise

Required Qualifications, Skills and Capabilities:

  • Bachelor degree required, degree preference is Finance, Accounting, or Economics
  • 3+ years of Hedge Fund experience or work for Big 4 audit firms
  • Thorough knowledge of the hedge fund & private equity environment including accounting for  investor allocations, share classes, waterfalls calls/distributions processing and complex investment and securities processing
  • Streamline operational processes to reduce risk and improve efficiency
  • Excellent client service orientation and proven ability to deal with demanding clients
  • Work closely with legal/compliance to ensure all funds are in compliance with the relevant regulatory authorities
  • Ensure there is appropriate back up on each fund to cover holidays, absences and turnover

Preferred qualifications:    

  • Experience with private equity is a plus
  • Strong knowledge of hedge fund products, analytical skills, communication skills and proven adaptability and ability to work in a high growth area
  • Ability to lead and manage high performing teams, superior interpersonal skills, strategic thinker with proven track record

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. 

What JPMorgan Chase & Co. employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom