Associate, Funding Operations

About the role

You will be a key member of Nearwater Capital's Operations team, supporting the firm's Liquid Markets business within the US. The role centers on the end-to-end trade lifecycle for Fixed Income and Derivative products, with a strong emphasis on commercial paper and repo settlements. You will act as the primary operational partner for internal trading desks, external counterparties, and custodian banks. Success in this position requires ownership of control enhancements and the ability to translate operational needs into technical solutions. The position is embedded within a fast-moving environment where accuracy and timely execution are critical to risk management. You will directly contribute to the reliability and efficiency of the firm's market-facing operations on a daily basis.

Key facts

What you'll do

• Execute daily settlement and rollover activities for ABCP conduits, ensuring timely processing of commercial paper maturities and issuances.
• Provide comprehensive lifecycle management for Fixed Income and Commercial Paper products, including tracking issuance schedules, maturity monitoring, and covenant adherence.
• Manage end-to-end trade settlements for Commercial Paper and Repo transactions, as well as Equity Total Return Swaps, covering confirmation, reconciliation, and resolution of discrepancies with brokers and custodians.
• Perform control reconciliations to validate booking accuracy between internal systems and external records, identifying and resolving variances promptly.
• Drive process improvements and system enhancements by analyzing operational workflows, pinpointing inefficiencies, and supporting technology change requests.
• Serve as the main point of contact for client settlement queries and operational escalations, ensuring clear communication and timely issue resolution.
• Lead firmwide and departmental projects focused on streamlining workflows, improving controls, and reducing operational risk across the liquid markets book.
• Develop and maintain automated dashboards and reconciliation routines for asset-pool monitoring and cash-flow tracking to improve visibility and decision-making.
• Collaborate closely with Technology teams to refine system functionality, implement data validation checks, and support the digitization of manual workflows.
• Uphold strict standards of accuracy and compliance in all operational activities, ensuring that procedures align with regulatory expectations and internal policies.

Requirements

• Possess 3 or more years of direct experience in a financial services organization supporting fixed income operations in a live trading environment.
• Demonstrate comprehensive operational expertise across key functions including Settlements, Lifecycle Management, Reconciliations, Trade Support, and Corporate Actions within Global Markets.
• Show advanced knowledge of fixed income products, with particular emphasis on Repos and Commercial Paper, and how these instruments flow through the trade lifecycle.
• Maintain a strong understanding of financial markets structures, the trade lifecycle from initiation to settlement, and the relevant industry technology stacks.
• Apply advanced proficiency in Excel combined with experience in data-analysis or automation tools such as Alteryx, Python, SQL, VBA, or Power BI to enhance reporting accuracy and operational efficiency.
• Operate effectively in a self-directed manner, taking full ownership of projects and exercising judgment to manage multiple high-priority tasks simultaneously.
• Perform consistently in a structured, high-volume, time-sensitive, and high-risk environment where precision and adherence to deadlines are non-negotiable.
• Communicate information clearly and professionally in both verbal and written formats, adapting style to suit internal and external audiences.
• Function seamlessly as a collaborative team member while also operating independently with minimal supervision when required.

Nice to have

• Familiarity with Enfusion or similar trading and operations platforms is a distinct advantage for managing data flows and system integration.
• A demonstrated track record of using data visualization and automation to improve the accuracy and efficiency of reporting processes.

Practical notes

• Location is based in New York.
• Engagement terms are to be confirmed from the source documentation.
• Visa sponsorship and specific working hour arrangements are to be verified in the original source materials.
• Candidates must meet all eligibility criteria as stated in the original job description without exception.
• Travel requirements, if any, and application deadlines must be confirmed directly with the source documentation.