Senior Operations Analyst - Systematic Multi-Asset Hedge Fund

Bayforest Technologies - London

Bayforest is a multi-award-winning, employee-owned investment management group specializing in algorithmic trading. We operate without venture capital or private equity involvement, ensuring complete independence and alignment with our mission. Our robust strategies are powered by the vast amounts of data we process daily and our deep expertise in managing information streams efficiently. Trusted by some of the world’s leading institutions, Bayforest combines scientific rigor with cutting-edge engineering, earning numerous industry awards and consistent recognition for performance and innovation. We stand out not only for our results but also for our distinctive, research-driven approach that sets us apart from mainstream competitors.

Bayforest is hiring a Senior Operations Analyst to take hands-on ownership of the day-to-day investment operations supporting our systematic equity, futures, FX and OTC portfolios. This is a broad front-to-back hedge-fund operations role covering trade lifecycle, securities financing, treasury, liquidity, collateral, corporate actions and portfolio controls. We are looking for someone who has already worked directly across these areas in a hedge fund, asset manager or similarly hands-on investment environment. This is not primarily a fund-accounting, risk-management, COO, client-service or single-product trade-support position.

What you'll own

You will be responsible for the operational integrity of the portfolio across multiple asset classes and counterparties, including:

• Own trade capture, affirmation, confirmation, allocation, settlement and fails management across cash equities, listed futures, FX and OTC derivatives.
• Run daily position, cash, P&L and transaction reconciliations across prime brokers, clearing brokers, custodians and fund administrators, investigating breaks through to root cause and resolution.
• Manage equity financing and stock borrow, including locates, recalls, hard-to-borrow securities, rate changes, utilisation, availability and short-sale eligibility.
• Own the operational lifecycle for listed futures, including expiries, rolls, variation margin and clearing activity.
• Manage FX spot and forwards, including hedging requirements, rolls, expiries and non-base-currency exposures.
• Support the lifecycle of OTC derivatives, particularly interest-rate swaps, equity swaps/CFDs and related collateralised products.
• Manage margin and collateral across prime brokers, clearing brokers and OTC counterparties, including investigating calls, disputes and funding requirements.
• Work closely with trading and finance on treasury and liquidity management: understanding upcoming cash requirements, financing needs, margin movements, settlement obligations and currency exposures.
• Own equities corporate actions from announcement through election and booking, including dividends, withholding tax, mandatory and voluntary events, entitlements and the resulting position/cash/P&L impact.
• Monitor financing and operational implications of trading across multiple markets and jurisdictions, including settlement conventions, short-selling restrictions, market-specific rules and regulatory requirements.
• Maintain accurate security master, symbology, corporate-action and reference data used by trading, research and production systems.
• Manage day-to-day relationships with prime brokers, executing brokers, clearing brokers, custodians, administrators and vendors.
• Support NAV oversight, regulatory reporting and the onboarding of new brokers, accounts, instruments and markets.
• Partner with technology to eliminate manual operational processes. Repetitive checks should become automated, monitored controls with clear exception handling, rather than recurring spreadsheets.