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Hedge Fund Operations Associate Jobs in Madison, NJ

Allocate

Fund Operations Associate

New York, NY · On-site

$110K - $125K/yr

About the Role As a Fund Operations Associate, you will sit at the center of Allocate's fund ... private equity, hedge funds, or a fund administrator. * Working knowledge of private fund ...

SS&C

Manager, Hedge Fund Accounting

Union, NJ · Hybrid

$78K/yr

Resolve complex fund accounting and operational issues escalated by the team. * Provide technical ... S. GAAP and hedge fund accounting principles * Experience preparing and reviewing financial ...

SS&C

Manager, Hedge Fund Accounting

New York, NY · Hybrid

$78K/yr

Resolve complex fund accounting and operational issues escalated by the team. * Provide technical ... S. GAAP and hedge fund accounting principles * Experience preparing and reviewing financial ...

SS&C

Manager, Hedge Fund Accounting

New York, NY · Hybrid

Manager, Hedge Fund Accounting Locations: New York City (hybrid) About the Role Lead a high ... Resolve complex fund accounting and operational issues escalated by the team. * Provide technical ...

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Hedge Fund Operations Associate information

See Madison, NJ salary details

$11

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

As of Aug 14, 2026, the average hourly pay for hedge fund operations associate in Madison, NJ is $27.05, according to ZipRecruiter salary data. Most workers in this role earn between $18.32 and $31.20 per hour, 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.

What cities near Madison, NJ are hiring for Hedge Fund Operations Associate jobs?

Cities near Madison, NJ with the most Hedge Fund Operations Associate job openings:

Hedge Fund Operations Associate jobs near you
Infographic showing various Hedge Fund Operations Associate job openings in Madison, NJ as of August 2026, with employment types broken down into 87% Full Time, 10% Part Time, 1% Temporary, and 2% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $56,269 per year, or $27.1 per hour.

Hedge Fund Operations Analyst

Mariner Investment Group

Bronx, NY • On-site

Full-time

Re-posted 23 days ago

Job description

Our company is looking for a highly motivated professional to join our Operations Team.

The ideal candidate is a self-starter who can work well under pressure and balance competing priorities in a results-oriented work environment. This is a critical role that interacts directly with our traders, prime brokers, trading counterparties, accountants, fund administrators and auditors.

Duties and Responsibilities:

• Daily reconciliation of cash, positions, profit & loss, accruals, receivables/payables

• Trade processing, reconciliation, settlement coordination and trade break resolution

• Processing and reconciliation of corporate actions

• Review of daily and monthly profit & loss

• Generate internal trade, position and profit & loss reporting for trading teams and risk

• Track trading strategies including fixed income, equity, FX, bank debt, futures, and swaps

• 0-3 years of experience in hedge fund operations, accounting or administration

• Bachelor’s Degree in Accounting or Finance recommended

• Strong knowledge of Microsoft Excel

• Team player with the ability to work with multiple internal and external groups with different areas of expertise

• Fast learner with the ability to respond quickly to new challenges

• Willingness to learn new systems, concepts and broaden knowledge in the financial industry • Strong organizational skills and time management capabilities

• Detail-oriented

• Ability to work under pressure – handle spontaneous projects with tight deadlines

• Self-motivated

• Positive attitude

• Strong problem solving skills

• Interpersonal and customer service skills – provide information and support to internal trading teams

• Oral and written communication skills – ability to articulate financial concepts

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