Portfolio Trading Associate (Contract)

CI Financial•Toronto, ON

3d•Onsite

About The Position

This position is primarily responsible for Order Generation for Trading, Account Rebalancing, Corporate Actions, and Post Trade Support. This will generally involve close communication with Portfolio Managers, Portfolio Management Teams, Traders and Compliance.

Requirements

Bachelors’ degree in Business, Finance, or a related field
2-3 years of “middle office” experience in the industry, preferably in a similar position
Knowledge and experience with Charles River Order Management systems
Experience with Collateral Management Systems, DTCC CTM/Alert, Clearpar and other market products for trade matching and settlements
Good understanding of Exchange and OTC derivative valuation in one or more asset classes
Advanced Excel Skills
Excellent communication and listening skills to understand business needs and translate those needs into workable solutions
Strong attention to detail and analytical skills to clearly identify key issues
Solid knowledge of the financial markets
Ability to grasp new concepts quickly and work in a fast-paced, dynamic environment, with time-sensitive deadlines
Effective time-management and ability learn, prioritize, and execute quickly

Nice To Haves

Completion of, or working towards a professional designation in the finance industry like the CFA, FRM, is a plus

Responsibilities

Provide daily trading operations support from end-to-end, to all Portfolio Management groups within CI, with timely trade confirmations and settlement of various asset classes, including: Equities, Fixed Income, and Derivatives
Oversee trade matching and settlements across all markets and where necessary escalate issues to brokers, custodians and clients
Work with brokers and custodians globally on international trade settlement issues in several markets
Review and resolve post settlement discrepancies
Investigate and resolve both simple and complex price challenges
Monitor daily reconciliations between various internal and external systems
Develop a zero-tolerance attitude for trading and accounting errors, working tirelessly to reduce risks of errors and to quickly eradicate any that may arise.
Fund of Fund operations – ensure timely placement of orders with 3rd Party mutual funds as well as settlements between custodians and various fund companies
Proactively research and validate multiple corporate action events for multiple markets across a diverse range of portfolios
Manage collateral held at counterparty, brokers and custodians
Maintain team procedures and provide regular management reporting
Security master setup, maintenance