BACK OFFICE OPERATIONS MANAGER
A CAREER WITH POINT72’S BACK OFFICE OPERATIONS TEAM
At Point72, the Back Office Operations team is responsible for the daily reconciliation of all cash balances in Point72’s accounting system to prime brokers on a T+1 basis. The team is responsible for ensuring that all bookings, trade and non-trade related activities are recorded accurately and appropriately. In addition, this team is responsible for reference data maintenance and management.
WHAT YOU’LL DO
• Serve as the founding hire and leader of a newly established reconciliations and operational control function, with full ownership to recruit, develop, and manage a team
• Design and implement a scalable operating model to support a global, fast paced investment organization, including coverage, controls, escalation paths, and service-level standards.
• Own and oversee daily reconciliations; supervise issue investigation and resolution and ensure timely resolution of breaks.
• Establish performance management frameworks, including KPIs, quality metrics, and continuous improvement processes to measure team effectiveness and operational excellence.
• Partner closely with Technology to define requirements, design, test, and deploy system enhancements; improve existing workflows; and build new processes to streamline and automate reconciliations.
• Work closely with prime brokers, custodians, administrators, and other third parties to timely resolve breaks.
• Act as a senior escalation point for complex breaks, working directly with counterparties and internal stakeholders to drive resolution.
• Identify, prioritize, and deliver automation and straight through processing initiatives to improve efficiency, scalability, and control.
• Build strong partnerships across Trading, Compliance, Stock Loan, Legal, Risk, Financial Reporting, Tax, Regulatory Reporting, and Technology to resolve issues and enhance end to end operational outcomes.
• Embed a strong control mindset, ensuring processes meet regulatory, audit, and internal risk management standards.
WHAT’S REQUIRED?
• Bachelor’s degree in finance, Business, Mathematics, or a related field (preferred)
• 15+ years of Operations experience within a hedge fund, asset manager, bank, or fund administrator, including demonstrated leadership and ownership of complex operational functions.
• Strong product knowledge across equities, futures, equity swaps, FX, derivatives, and fixed income instruments.
• Proven experience building, scaling, and managing teams, including hiring, coaching, and performance management.
• Advanced technical aptitude, with the ability to partner effectively with Technology and drive system and process improvements.
• Exceptional problem solving, analytical, and critical thinking skills, with the ability to operate with urgency and sound judgment.
• Strong time management and prioritization skills in a high volume, deadline driven environment.
• Highly detail oriented, proactive, and self directed, with a strong sense of ownership and accountability.
• Hands-on leader capable of operating at different organizational levels
• Excellent written, verbal, and interpersonal communication skills, with the ability to influence across functions and levels.
• Advanced proficiency in Excel and the MS Office Suite.
• Commitment to the highest ethical standards
WE TAKE CARE OF OUR PEOPLE
We invest in our people, their careers, their health, and their well-being. When you work here, we provide:
• Health care benefits
• Maternity, Adoption & Related Leave policies
• Generous paternity and family care leave policies
• Employee Assistance Program & Mental wellness programs
• Transportation support
• Tuition assistance
ABOUT POINT72
Point72 is a leading global alternative investment firm led by Steven A. Cohen. Building on more than 30 years of investing experience, Point72 seeks to deliver superior returns for its investors through fundamental and systematic investing strategies across asset classes and geographies. We aim to attract and retain industry’s brightest talent by cultivating an investor-led culture and committing to our people’s long-term growth. For more information, visit https://point72.com/.
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