Role Overview
The Operations Specialist role provides end‑to‑end exposure to core hedge fund operational functions, with responsibilities spanning Middle Office & Fund Accounting and Compliance.
This role is open to both fresh graduates and experienced hires. Responsibilities and level of supervision will be calibrated based on the candidate’s prior experience, with a common expectation of independent role ownership by Year 3.
The role is designed to develop professionals who can operate independently within a licensed fund management environment and contribute meaningfully to the firm’s operational, compliance, and governance framework.
Role Structure and Responsibilities
1. Middle Office & Fund Accounting
· Support daily NAV and P&L review processes to ensure accuracy and completeness
· Validate trades, corporate actions, and lifecycle events
· Perform position, cash, and performance reconciliations
· Liaise with fund administrators, prime brokers, and counterparties
· Identify, investigate, and resolve breaks in a timely and controlled manner
· Maintain appropriate documentation to support audit and control requirements
2. Compliance
· Conduct daily and post‑trade compliance monitoring
· Support ongoing surveillance of trading and research activities
· Maintain compliance logs, monitoring records, and internal documentation
· Assist with internal audits, external audits, and regulatory reviews
· Support the implementation and maintenance of compliance policies and procedures
Progression and Development
Years 1–2: Integration and Functional Rotation
· Build operational proficiency across middle office and compliance functions
· Execute day‑to‑day operational routines with increasing independence
· Develop a strong understanding of how investment activities interface with operational and compliance requirements
· Gradually take ownership of defined processes
Year 3 Onwards: Independent Ownership and Broadening Exposure
By Year 3, the Operations Specialist is expected to:
· Operate independently across assigned middle office and compliance responsibilities
· Act as a reliable point of contact for internal stakeholders and external service providers
· Support the COO on operational and governance matters as required
At this stage, the firm encourages exposure to adjacent areas such as:
· Investor and management reporting
· Portfolio and risk analytics
· Marketing and client communications support
· Operational process improvement and automation initiatives
Required and Preferred Qualifications
Required
· Degree in Accounting, Finance, Business, or a related discipline
· Strong attention to detail and execution discipline
· Willingness to support Japanese market trading hours and follow the Japan trading calendar
· Proficiency in Japanese (spoken and written) to support communication with Japanese stakeholders, counterparties, and/or review of Japanese-language materials.
· Professional attitude suited to a regulated fund management environment
Preferred
· Prior experience in fund accounting, middle office, compliance, or asset management operations
· Familiarity with hedge fund workflows, service providers, or regulatory expectations
· Ability to work effectively in a small, high‑accountability team
What Alcea Offers
· Structured exposure across core hedge fund operational functions
· Early responsibility within a regulated investment management platform
· Direct interaction with senior management and service providers
· A professional environment focused on long‑term development and institutional standards
