The Middle Office is responsible for managing the liquidity of the Company's funds under management, and engages in repo financing in order to achieve the Company's desired leverage. It also works closely with each of the trading desks to make sure that all trades are booked properly, position and portfolio data is properly reported, and that PNL is computed correctly for each book. Additionally, the group is highly involved in new strategy and fund setup, the design and testing of changes and additions to Ellington's proprietary portfolio management system, and various ad-hoc reporting at the request of portfolio managers and investor relations. The position will be located at our headquarters in Old Greenwich, CT.
Responsibilities will include but not be limited to:
Ellington Management Group, LLC was founded in December 1994 and includes a family of registered investment advisers, (together "Ellington"). Ellington currently has over $6 billion of assets under management in hedge funds and similar accounts. Ellington's core strategies include its credit strategies, its prepayment and related relative value strategies, and its systematic strategies. Ellington is known for its highly analytical approach to portfolio construction and risk management, including extensive proprietary models that we believe provides us with a distinct competitive advantage over other market participants.