Technical Operations Associate

About the role

Nearwater Capital seeks a Technical Operations Associate to anchor its regulated swap business. This role ensures the accuracy and control of trade lifecycles across OTC derivatives, equities, fixed income, and commercial paper. You will act as a central operations partner, aligning trading, risk, finance, and compliance to maintain operational integrity.

The position involves designing automated solutions and owning end-to-end reconciliation processes. You will manage trade capture, settlement, and exception handling while interfacing with custodians and brokers. The role demands a high level of ownership over data validation and process discipline.

Location and Engagement

This is a full-time position based in New York. The compensation package is $160,000 annually. The firm requires a minimum of three years of relevant operational experience.

Core Responsibilities

You will manage the intake and verification of transactions for TRS, repo, and cash securities. This includes confirming booking accuracy and maintaining control over the entire settlement workflow. A core focus will be resolving discrepancies and ensuring timely execution across all asset classes.

A major part of the role is developing and maintaining automated workflows using Python, SQL, and VBA. These tools will replace manual tasks and improve the reliability of reporting. You will build dashboards and data pipelines to provide clear visibility into operational performance.

You will oversee trade, position, and cash reconciliations across multiple counterparties, including custody and prime broker accounts. This involves conducting control checks to validate booking accuracy between internal systems and external records. You will investigate and resolve trade, position, and cash mismatches, driving fixes and system validation.

Collaboration with technology teams is essential. You will partner to scope, test, and implement system enhancements. This includes leading workflow digitization initiatives from design through user acceptance testing. You will manage inputs for systems such as Acadia, Cassini, BNY Nexen, TriResolve, and Bloomberg to ensure data integrity.

Supporting the collateral workflow is another key duty. This includes calculating exposure, managing initial and variation margin, and handling dispute resolution with risk and trading teams. You will maintain agreements and oversee onboarding processes within collateral management systems.

You will provide monthly metrics and reporting to Compliance, SEC, Finance, Risk, and management. This includes support for 13F and Focus filings, as well as internal management reviews. Your work will ensure that operational data meets regulatory and firm standards.

Required Qualifications

Applicants must possess three or more years of experience in financial services operations. This background should include roles in prime brokerage, structured finance, or similar environments. You must demonstrate a thorough understanding of trade lifecycle processes, including settlements, margin management, and reconciliations.

A strong grasp of cash equities and equity total return swaps is required. Foundational knowledge of fixed income, securities lending, and derivatives is expected. Familiarity with commercial paper is a distinct advantage.

You must have advanced skills in Excel, along with proficient abilities in Python, SQL, and VBA. Your experience should include building automation that reduces manual effort and operational risk. Knowledge of Enfusion is beneficial, as is experience with tools like Alteryx and Power BI.

You must have a proven track record of independently building post-trade automation. This includes scripting for settlement processes, physical delivery, and other operational workflows. Clear communication with technical and business stakeholders is essential for solving complex problems.

Exceptional organizational skills and the ability to manage multiple priorities under pressure are mandatory. You must approach detail-oriented tasks with precision and maintain a strong sense of ownership.

Preferred Experience

Experience with Enfusion platforms is a plus. Prior work in securities lending or commercial paper processing is also valued.

Tools and Systems

You will work extensively with Acadia, Cassini, BNY Nexen, TriResolve, Bloomberg, and Enfusion. Proficiency in Python, SQL, VBA, and Alteryx is expected. Power BI and Claude AI may be used to support analytics and workflow initiatives.

Please confirm all details on the official application page.

What you'll do

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