Operations Intern

About the Role

Clearwater Analytics' Managed Services team handles the day-to-day middle- and back-office operations for hedge funds and asset managers, including trade operations, NAV accounting, reconciliation, and regulatory reporting on the Enfusion platform. This role offers first-hand exposure to fund operations within a SOC 1 Type II control environment.

Key Responsibilities

• Reconciliation Support: Assist in matching internal transaction records against custodian, broker, and bank statements, and log discrepancies.
• Data Entry & Validation: Record investor inflows, redemptions, corporate actions, and trade bookings into the core portfolio accounting system, Enfusion.
• Trade Support: Observe and support daily trade affirmation workflows across platforms including CTM, NYFIX, and Traiana.
• NAV & Reporting: Shadow the daily NAV process and monthly trial balance reconciliation, and help prepare operational reports.
• Records and reports the status of daily and monthly operational delivery.

What You'll Gain

• Direct, hands-on exposure to fund middle and back office operations.
• Training on Enfusion and industry-standard platforms like CTM, NYFIX, Traiana, DTCC ALERT, and EMIR reporting tools.
• Mentorship from experienced fund operations professionals.
• Insight into a SOC 1 Type II controlled operating environment.

Requirements & Tech Stack

• Platforms: Enfusion, CTM, NYFIX, Traiana, DTCC ALERT, EMIR reporting tools.
• Tools: Microsoft Excel (VLOOKUP/XLOOKUP, INDEX/MATCH, pivot tables).

Qualifications

• Education: Currently pursuing, or recently completed, a Bachelor's or Master's degree in Finance, Economics, Commerce, Accounting, Business Management, or a related quantitative field.
• Certifications (Bonus): Progress toward CFA Level I, NISM, or another relevant local market certification.

Skills

• Hard Skills:
• Strong Microsoft Excel skills, including VLOOKUP/XLOOKUP, INDEX/MATCH, pivot tables, and handling large datasets.
• Basic understanding of financial statements, general ledger accounting, and corporate actions' impact on fund valuations.
• Intermediate understanding of fixed income and equity investments, and basic knowledge of alternative security types.
• Strong accounting and/or finance skills.
• Familiarity with core operational concepts: daily NAV calculation, trade settlement lifecycle (clearing, custodian communication, T+1 settlement).
• Soft Skills:
• Hyper-attention to detail.
• Clear written and verbal communication.
• Process orientation; ability to follow SOPs and spot improvement opportunities.
• Time management under pressure and meeting daily market cut-off times.
• Proactive, eager-to-learn attitude toward new financial software and workflows.