Careers
Simplify Asset Management is hiring!
Investment Operations Associate Job Description
Location: Remote/Hybrid
Founded in 2020, Simplify Asset Management Inc. is a forward-thinking provider of innovative investment solutions, managing over $5 billion across more than 25 strategies spanning multiple asset classes. We specialize in derivative-based strategies designed to meet the complex needs of modern investors, making institutional-grade alternative approaches more accessible. Our mission is to broaden access to advanced, risk-adjusted solutions by offering these strategies in a transparent and liquid format—empowering clients to achieve enhanced outcomes that traditionally required complex, costly structures.
We are seeking a motivated and detail-oriented associate to support our growing Operations team. This role will be instrumental in facilitating day-to-day trade operations, focusing on trade settlement, collateral management, and trade reconciliation across Simplify's product offerings. The ideal candidate will work closely with traders, portfolio managers, and third-party vendors to ensure operational accuracy, regulatory compliance, and process efficiency within Simplify’s dynamic, fast-paced environment. This role requires a quantitative bent, experience working with alternative strategies, particularly quantitative investment strategies and a robust background in client operations, onboarding, and transitions at leading asset management firms or custodian banks.
What You Will Do:
- Support daily fund operations by managing trade settlements, cash management, reconciliations, corporate actions, and pricing support to maintain operational accuracy and timeliness.
- Facilitate the full trade lifecycle, from booking through to settlement, while identifying and resolving trade discrepancies, preparing daily and ad-hoc operational reports, and ensuring smooth, timely execution.
- Execute collateral and margin processing for derivative trades, collaborating with internal teams and external parties to optimize collateral management practices.
- Serve as a key contact for third-party vendors, managing service expectations, ensuring reconciliation accuracy, and upholding quality control.
- Conduct fund accounting tasks such as validating NAV calculations, monitoring expenses, providing pricing support, and addressing financial reporting requirements in collaboration with fund administrators.
- Liaise with trading desks and risk management teams to ensure smooth collateral operations and adherence to asset allocation and compliance policies.
- Identify and implement process improvements to enhance operational efficiency, reduce risks, and maintain Simplify’s strong internal control environment.
- Stay current with regulatory requirements and industry standards to ensure compliance and support operational updates.
Who You Are:
- A results-oriented professional with strong analytical, organizational, and problem-solving skills.
- Knowledgeable in investment operations, trade settlement, and collateral management, with a solid grasp of operational functions.
- Experienced in client operations, onboarding, and transitions at asset management firms or custodian banks.
- Thorough understanding of investment operations, investment accounting, and back-office functions.
- Detail-oriented and adaptable, thriving in a fast-paced, multi-priority environment.
- A proactive team player with excellent interpersonal skills, effective in collaborating across internal teams and external vendors.
- Committed to continuous improvement, with a demonstrated ability to optimize processes and find efficiencies.
- Organized and adept at time management, effectively prioritizing tasks.
- Growth-minded and resilient, ready to tackle new challenges and perform under pressure.
What You Have:
- Bachelor’s degree in Finance, Accounting, Economics, or a related field; an advanced degree or professional certification (CFA, CAIA, CPA, etc.) is a plus.
- 3+ years of experience in fund operations, fund accounting, or back-office operations within asset management or custodian banks.
- Understanding of regulatory requirements and compliance standards in the asset management industry.
- Prior experience in 40 Act fund and separately managed account operations, trade settlement, cash management, and corporate actions.
- Experience with cleared and OTC derivatives (accounting, valuation, and reconciliation), collateral management strategies, prime brokerage, and Uncleared Margin Rules (UMR).
- Excellent analytical, organizational, and problem-solving skills.
- Exceptional communication skills, with proven ability to collaborate effectively across stakeholders.
- Proficiency with fund accounting systems, order management systems, and relevant software (e.g., Eze OMS, Tri-Optima).
What You Will Get:
- Health and Wellness: Competitive packages for medical, dental, and vision care, alongside telemedicine services.
- Time Off: Sick and vacation days
- Retirement: 401k matching
Simplify Asset Management Inc. is committed to diversity, inclusion, and creating an environment where all employees can thrive. Join us to make a tangible impact in the investment management space.
VP Fund Operations Job Description
Location: Remote/Hybrid
Founded in 2020, Simplify Asset Management Inc. is a forward-thinking ETF provider with over $5 billion AUM and offering more than 25 ETFs. We specialize in delivering innovative and sophisticated derivative-based portfolios to financial advisors, catering to the dynamic needs of their clients in a complex market environment.
We are seeking a highly skilled and experienced Vice President of Fund Operations to join our team. The ideal candidate will be a value-added contributor across various operational functions including fund operations, fund accounting, back-office operations, and client onboarding. This role requires a quantitative bent, experience working with alternative strategies, particularly quantitative investment strategies and a robust background in client operations, onboarding, and transitions at leading asset management firms or custodian banks.
What You Will Do:
- Oversee daily fund operations, including trade settlement, cash management, reconciliations, and corporate actions, ensuring accuracy and timely execution.
- Manage fund accounting processes, including NAV calculations, expense management, and financial reporting.
- Lead onboarding and transitions for clients, maintaining strong relationships with custodians, fund administrators, brokers, and external service providers.
- Liaise with trading desks and risk management teams to ensure seamless collateral operations.
- Ensure compliance with regulatory requirements and internal policies, staying updated on regulatory changes.
- Identify and implement process improvements to enhance efficiency and mitigate risks.
- Oversee the implementation and maintenance of fund accounting and order management systems.
- Serve as the primary contact for resolving operational issues with clients and external parties.
- Participate in the leadership and team development of the Operations team, fostering a culture of continuous team improvement.
Who You Are:
- A results-oriented professional with a strong quantitative background.
- Experienced in client operations, onboarding, and transitions at leading asset management firms or custodian banks.
- Comprehensive understanding of fund operations, fund accounting, and back-office functions.
- Capable of managing complex, fast-paced tasks with a focus on execution and results.
- Possess strong interpersonal skills; effective in team settings and across management levels.
- Results-oriented problem solver, quick learner, and adaptable to changing business needs.
- Excellent organizational and time management skills, with an ability to prioritize tasks effectively.
- Team player, ready to contribute outside core areas of expertise when needed.
- Proactive in improving processes and committed to task completion.
- Growth-minded and eager to tackle new challenges. Able to execute under pressure.
What You Have:
- Bachelor's degree in Finance, Accounting, Economics, or a related field; advanced degree or professional certification (CFA, CPA, etc.) is a plus.
- 10+ years of experience in fund operations, fund accounting, and back-office operations at a leading asset management firm or custodian bank.
- Comprehensive knowledge of regulatory requirements and compliance standards in the asset management industry.
- Strong understanding of 40 ACT fund and separately managed account operations, trade settlement, cash management, and corporate actions.
- Experience with cleared and OTC derivatives (accounting, valuation and reconciliation), collateral management and optimization strategies, prime brokerage, and Uncleared Margin Rules (UMR) requirements.
- Experience confirming OTC trade terms and conditions to trade affirmation
- Excellent analytical, organizational, and problem-solving skills.
- Strong leadership and team management abilities, with a demonstrated ability to mentor and develop staff.
- Exceptional communication and interpersonal skills, with the ability to collaborate effectively with internal and external stakeholders.
- Proficiency in using fund accounting systems, order management systems, and other relevant software (e.g., Eze OMS, Tri-Optima).
What You Will Get:
- Health and Wellness: Competitive packages for medical, dental, and vision care, alongside telemedicine services.
- Time Off: Sick and vacation days
- Retirement: 401k matching
Simplify Asset Management Inc. is committed to diversity, inclusion, and creating an environment where all employees can thrive. Join us to make a tangible impact in the investment management space.
Send us your resume
Internal Sales Account Associate
Simplify Asset Management is a newly established ETF issuer and RIA created by a group of accomplished asset management veterans. Our goal is to help advisors tackle the most pressing portfolio challenges with an innovative set of options-based strategies. By accounting for real-world investor needs and market behavior, along with the non-linear power of options, our strategies allow for the tailored portfolio outcomes clients are looking for.
We are looking to hire an Internal Sales Account Manager. The role will focus on developing relationships with RIA and financial advisory firms across the US. We can be flexible on location but have a strong preference for NYC metro based. We are building out our sales team with a smart, motivated, and interesting individuals, who are excited to build something unique, learn a lot, and have fun in the process.
Responsibilities:
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Work closely with senior sales team members to drive sales of Simplify’s ETFs within the financial advisory community.
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Proactively reach out to advisors via phone and email to engage, assess, and offer solutions
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Establish and execute consistent follow up strategy with clients to advance the sales process and deepen advisor relationships.
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Establish a high level of consistent, quantifiable client outreach and engagement.
Skills and Qualifications:
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Entrepreneurial spirit: we are a young company of motivated, creative and passionate individuals.
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Strong overall sales acumen and consultative business development skills.
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Strong understanding of the ETF market and why ETFs will continue to take market share and disrupt the asset management industry.
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Ability and motivation to build relationships throughout prospects and clients’ organizations
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Team player: candidate must have strong interpersonal skills.
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Existing relationships within the RIA and financial advisor community are a plus.
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Bachelor’s degree required (MBA or industry designations CAIA, CFA are a plus).
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3+ years of financial services sales experience
Send us your resume
Trade Operations Intern
Start Date: Fall 2024
Location: Hybrid
Hours: 10-20 per week
Founded in 2020, Simplify Asset Management Inc. is an ETF provider focused on providing financial advisors innovative and sophisticated derivative-based portfolios designed to meet the needs of their clients in an increasingly challenging market environment. With over $4 billion AUM across 20+ ETFs, Simplify is looking for a self-driven and results-oriented individual to join our operations team.
What You’ll Do:
- Create, maintain, and execute ad-hoc reports to support operations
- Perform reconciliations and ensure timely trade settlement
- Support margin and collateral reporting
- Highly self-motivated and adaptable to create value in a fast-growing firm in the ETF industry
- Creative problem solver who can learn on the job and adapt to changing business needs
- Comfortable meeting deadlines with a keen eye for detail
- An undergraduate degree in Accounting, Economics, Finance, or a related field.
- Currently enrolled in a Master of Finance/Financial Engineering, Master of Accounting, or MBA program
- Two or more years of relevant industry work experience
- CFA and/or CPA designation or progress/interest towards obtaining designation
- Experience in developing and delivering Excel reporting tools
- At least two years of experience developing and deploying Python on a development team
- Skilled in managing vendor data within a live production environment
- Experience with market data providers such as Bloomberg, Reuters, Ycharts, and Morningstar
- Excellent verbal and written communication skills
- Mentorship from Simplify’s experienced operations team
- Opportunity to join the firm full-time upon successful completion of internship program
Send us your resume
Simplify Asset Management is an equal opportunity employer. The Firm does not discriminate in employment because of race, creed, national origin, religion, age, color, sex, marital status, sexual orientation, gender identity, disability, citizenship status, veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations.
