Associate & Senior Associate Derivative Operations - Funds

We are working exclusively with a global fund client to source Associate and Senior Associates for their Derivatives Operations teams. This hybrid role, based in Dublin, offers a fantastic opportunity to work at the intersection of complex derivatives and fund accounting within a collaborative and fast-paced environment.

The role

• Deliver core accounting services for assigned clients and moderately complex funds, including Net Asset Value (NAV) calculations, performance reporting, and expense allocations.

• Take ownership of service improvement initiatives, streamline processes, and support efficiency targets within the Fund Accounting function.

• Review the work of junior colleagues, offering support, mentorship, and quality assurance where needed.

• Perform detailed cash and asset reconciliations for complex transactions, including the reconciliation of fund expenses and accurate allocation of costs.

• Escalate unusual or complex transaction types to senior team members, ensuring transparency and timely resolution.

• Draft and review fund performance reports for clients, ensuring accuracy and consistency across reporting deliverables.

• Serve as a point of contact for client queries related to fund reporting and accounting procedures.

• Ensure accurate processing and booking of Over-the-Counter (OTC) derivative trades in the accounting system.

• Create and maintain OTC asset records, working closely with the Security Master team to support non-standard instrument setups.

• Analyze and verify static data and trade details for OTC positions, identifying anomalies or inconsistencies.

• Conduct detailed term-sheet reviews for complex or non-standard derivative contracts to ensure proper setup and accounting treatment.

• Support the team’s broader goals by contributing to continuous improvement and operational excellence initiatives.
  
  The candidate 

• A Bachelor’s degree in Accounting, Finance, or a related discipline—or equivalent combination of education and experience.

• A minimum of 3 years’ relevant experience in fund accounting or derivatives operations.

• Prior experience with a Big 4 accounting firm or within a fund administration environment is a strong advantage.

• Strong understanding of OTC derivatives and the associated accounting treatment.

• Ability to guide and support less experienced team members; leadership or mentoring experience is beneficial.

• Strong attention to detail, analytical thinking, and a proactive, solutions-oriented mindset.

• Excellent organizational and communication skills with the ability to manage competing priorities in a deadline-driven setting.