Employment Opportunities

Position - Trading Operations Specialist

The ideal candidate must be able to perform under pressure in a fast paced trading environment. Attention to detail and proactive identification of potential issues is crucial to ensure that trades are properly executed and settled. Time management skills that balance real-time prioritization of daily responsibilities with long-term projects are also critical for success.

RESPONSIBILITIES

  • Review and resolve trade breaks and fails for all domestic and international trading, working with Prime Brokers and Executing Brokers as needed
  • Verify all trade orders entered into the OMS match instructions from the Portfolio Managers
  • Manage stock loan balances across multiple Prime Brokers
  • Allocate and verify all daily trading activity and manage the communication of trade and position details to the Fund Administrator, Prime Brokers, relevant Counterparties, and various vendors
  • Maintain a multi-directional reconciliation process between counterparties
  • Provide Portfolio Managers with critical insights, economic developments and market commentary from research analysts daily as part of morning process
  • Interface with the Risk Management team for the accurate capture and dissemination of all portfolio data for risk analysis
  • Engage with the portfolio managers and finance team to manage the daily tagging of all trades for optimal tax efficiency

REQUIREMENTS

  • College degree, finance or economics preferred
  • Trade operations and/or equity trade desk experience strongly preferred
  • Excellent attention to detail and strong verbal and written communications skills
  • Ability to multi-task and dynamically prioritize duties during periods of high activity
  • Willingness to assume responsibility for project completion
  • Proactive and resourceful with the ability to think ahead and act independently
  • Experience with Bloomberg and advanced spreadsheets in Excel required. Experience with Eze OMS and SQL Server/Transact SQL a plus

Position - Hedge Fund Accountant

We are seeking a hedge fund accountant who is motivated for a challenge and looking specifically for an opportunity to learn and grow. They will be joining a very collegial and smart-working finance team who are constantly looking for ways to innovate processes with technologies and best in class approaches to their work. Accountants who work at PFM obtain a comprehensive knowledge about hedge funds’ daily operations; monthly and yearly reporting; compliance and regulatory filings; and tax and audit process. We need an individual who is a driven self-starter but who can also work well and collaborate effectively with their team and others throughout the firm.

Specific responsibilities assisting with fund operations, audit and tax are listed below and are shared with four other fund accountants.

RESPONSIBILITIES

  • Work with Administrator on OTC trade settlements (CDS, equity swaps, OTC options and bank debt) and break resolutions
  • Work with Administrator on collateral and margin calls from counterparties
  • Manage wire approval process with Administrator
  • Review cash and position reconciliations prepared by Administrator
  • Review daily tax adjusted portfolio aging reports and communicate and resolve issues with Administrator and in-house tax database programmers
  • Review and communicate tax lots with specific identification lot relief method to Administrator
  • Review New Issue income allocations prepared by Administrator
  • Prepare accrual schedules for monthly closings
  • Prepare weekly and month-end performance projections
  • Perform monthly global testing on pricing, interest, dividends, stock-loan & pay-to-hold fees, and cash breaks
  • Review monthly net asset packages prepared by Administrator including investor book allocations
  • Review management fees, crystallized incentive allocations and third party invoices
  • Review capital distributions and subscriptions
  • Review monthly risk reports
  • Perform security analysis on constructive sales, QCCs and straddles
  • Assist in year-end wash sale planning
  • Prepare and review fund level and investor level tax estimates
  • Review K-1 tax returns
  • Assist in annual audits and review financial statements
  • Assist with investor requests
  • Review Form PF and OPERA filings
  • Improve existing workflows through automation

REQUIREMENTS

  • A degree in accounting/economics/finance
  • The ideal candidate will have 2-4 years of experience in public accounting specializing in hedge fund audits and direct experience in hedge fund accounting is a strong plus
  • Minimum partnership tax knowledge is preferred but not required
  • High proficiency in use of Microsoft Excel
  • Experience with derivative instruments, fixed income securities, bank loans, Bloomberg and Tableau a plus
  • CPA a plus

Position - Data/Software Engineer Intern

Learn more about the alternative asset management industry and apply technical/data engineering skillsets to advance the toolkits developed by the data analytics team in the Fintech domain.

RESPONSIBILITIES

  • Implement of a robust set of services and APIs via a web platform
  • Re-factoring of various risk analytics processes for efficiency
  • Develop analytical reports that of relational database schemas in SQL and producing queries that answer business analytics questions
  • Implement solutions to specific, self-contained projects and own the process from requirements analysis to delivery

REQUIREMENTS

  • Working towards a Bachelor’s Degree in computer science or a related discipline
  • Proficiency in SQL development
  • Some or all of the following technical skills:
    • Python
    • ETL Tools like SSIS
    • BI solutions like Tableau
    • Knowledge of a Web Application Framework
    • Familiarity with R
  • Working knowledge of deploying projects to the cloud is helpful
  • Attention to detail and ability to work in a fast-paced, deadline-driven environment with minimal supervision required

We offer company-paid health, vision, and dental benefits for employees, as well as holidays observed by the New York Stock Exchange and three weeks annual PTO and four paid sick days per year. We have a 401(k) plan. Positiona at PFM are at will and subject to pre-employment background and/or reference checks.

Interested and Qualified Candidates are encouraged to apply. Please contact hr@pfmlp.com

Partner Fund Management, L.P., Partner Investment Management, L.P. and Partner Advisory Services, L.P. are investment advisers registered with the U.S. Securities and Exchange Commission; its SEC File Number is 801-69012 and CRD Number is 146747. Partner Investment Management L.P., Partner Advisory Services, L.P. are “relying advisers” and file a single Form ADV with Partner Fund Management, L.P.