Associate, Platform Operations

Innocap Investment Management Inc.; Montreal; Hybrid; CAD 55,000 - 75,000; Full time

Job summary

A leading investment management firm is searching for an Associate in Platform Operations to join their dynamic team in Montreal. The role involves critical functions such as fund reconciliations and OTC collateral management, where the candidate will work closely with hedge fund asset managers and administrators. This position offers a unique opportunity to be part of a forward-thinking firm committed to innovation and excellence in the asset management industry.

Benefits

Flexible hybrid work for better balance

Focus on service excellence

Opportunities for continuous growth

Qualifications

• Minimum 2 years of relevant experience in Operations or Middle-Office.
• Basic to intermediate understanding of financial markets and instruments.
• Experience in margin and collateral management is an asset.

Responsibilities

• Monitor cash and margin balances according to client margin rules.
• Perform OTC collateral management activities.
• Investigate reconciliation breaks and seek resolution.

Skills

Analytical

Communication

Problem-solving

Teamwork

Detail-oriented

Education

University degree in finance

Job description

Associate, Platform Operations page is loaded

Associate, Platform Operations

Apply locations Montreal CAN - Remote time type Full time posted on Posted Yesterday job requisition id JR100066

ABOUT INNOCAP

Innocap is the world’s leading firm of managed account platform services. With over US$85 billion in assets under management, over 450 employees and offices in five countries, we are shaping the future of alternative investments for institutional owners and allocators. Our mission is to revolutionize the asset management industry and to provide customized expert services and an exceptional client experience.

We are seeking forward-thinking individuals to join us on our exciting journey. Innocap’s success is built on the diversity of our people and the strength of their ambitions. We empower our teams and foster a culture of inclusivity, collaboration, innovation, and growth. At Innocap, you'll have the opportunity to enhance your career, work on exciting projects, and make a real impact.

ABOUT THE ROLE

The Platform Operations team, with members located in Canada, the US, Ireland, Poland, and India, performs critical functions on Innocap’s dedicated managed account platforms (“DMAs”). The team's primary responsibilities include performing complex funds reconciliations, margins & OTC collateral management as well as OTC derivatives settlement.

The Platform Operations Department is currently looking for an Associate to join its team and support the platform growth. The candidate will have the unique opportunity to work closely with hedge fund asset managers, clearing and OTC counterparties, and administrators.

The Associate in Platform Operations has the following main responsibilities:

• Monitor cash and margin balances in accordance with margin rules established with each client.

• Diligently perform all OTC collateral management activities.

• Review position reconciliation and liaise with counterparties, asset managers and administrators to resolve any discrepancy.

• With the assistance of our senior team members, investigate reconciliation breaks and seek resolution.

• Initiate or review and approve cash movement and OTC settlements.

• Support senior members of the team in funds launches & liquidations.

PRIMARY QUALIFICATIONS & SKILLS

• University degree in finance or related field.

• Desired seniority level: minimum 2 years of relevant experience in Operations, Middle-Office or related fields.

• Basic to intermediate understanding of the financial markets, instruments and key processes.

• Basic to intermediate knowledge of financial products, such as equity, fixed income, foreign exchange, listed derivatives, and OTC derivatives.

• Basic to intermediate knowledge and experience with reconciliation of positions and understanding of break resolution process.

• Experience in margin and collateral management process & calculations is an asset.

• Analytical and detail-oriented, resourceful with ability to manage work in a timely manner.

• Good organizational, interpersonal and communication skills

• Team-oriented professional with problem-solving and critical thinking skills in development.

Please note that the role is hybrid (mix of remote and in-office).

#LI-Hybrid

Innocap's Global Privacy Notice

At Innocap, we strive to create a workplace where everyone can thrive, innovate, and make a real impact.
Our culture is rooted in collaboration, entrepreneurial spirit, and a shared ambition to push boundaries.

A culture that values creativity, proactivity, and continuous growth

Flexible hybrid work for better balance

A strong focus on service excellence and meaningful partnerships

Joining Innocap means being part of a passionate team where innovation is encouraged, and every voice matters.