Operations Specialist

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

·      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

·      Proficiency in Japanese (spoken and written) to support communication with Japanese stakeholders, counterparties, and/or review of Japanese-language materials.

·      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