Established in 1997, our client is a professional investment management organization that invests on a global basis. It has investment operations in Toronto (the head office) with offices in London and Hong Kong. Assets under management currently total C$120 billion and will reach C$250 billion in the next 6 to 10 years – making it one of the largest single purpose pools of institutional capital in the world.
The Opportunity
Reporting to the Director, Risk and Investment Systems, the Manager is accountable for the delivery and support of the front office trading systems, specifically Murex and Bloomberg POMS.
Major Responsibilities
More specifically the Manager will be responsible for:
- Working in collaboration with Public Market Investments (PMI), Investment Finance, and Investment Risk Management to design, deliver, and support end‑to‑end derivatives processes and systems from booking to settlement.
- Managing and evolving the Murex platform to enable the investment departments to trade structured products in a scalable and efficient manner.
- Contributing to advancing the effectiveness and integration of the trading systems into the company’s business processes and enabling efficient business processes.
- Building and retaining a high‑integrity, high‑performance, partnership‑focused team aligned to the organization’s business needs.
- Developing strong relationships with multiple partners across the company and aligning the objectives of Information Services and Public Market Investments (PMI).
- Managing a team focused on enabling trading by PMI and the Capital Markets trading desk department.
- Managing the vendor relationship with a strategic partner that provides Murex consulting expertise for large projects.
- Partnering with the investment departments to design and implement the business processes required to support new trading activities, including the configuration of the Murex system and supporting activities from trade booking through to settlement.
- Planning day‑to‑day and long‑term activities related to the derivatives trading platform (Murex) and providing direction to the team members.
- Analyzing complex trading and settlement requirements for derivatives and cash products and proposing solutions for efficient handling of these products.
- Independently developing and executing technical project specifications, plans, schedules, and documentation.
- Assisting in the development of, identifying inefficiencies in, and recommending changes to IS practices, procedures, and approaches to serve PMI trading.
- Independently conducting studies of new technologies for possible implementation and making purchase/deployment recommendations.
- Working extensively with IS staff and end‑users to provide support and maintenance of the company’s rapidly growing environment.
- Ensuring confidentiality, integrity, and availability of data, identifying potential threats to the company’s infrastructure environment, and bringing them to the attention of the Information Security Officer.
- Working with third parties, internal development teams, and PMI to acquire, deploy, and support production systems.
- Responsible for the configuration of products in the Murex platform in partnership with Investment Finance to enable new products and business activities.
- Developing the Bloomberg POMS platform to enable the trading of non‑derivative products.
Preferred Experience and Education
- Experience in a fast‑paced capital markets environment is a must.
- At least 7–10 years of experience, with four to five years managing a diverse portfolio of applications through a team of managers.
- Bachelor’s or Master’s degree in Computer Science, Mathematics, Computer Engineering, Financial Engineering, or a related field.
- Industry designations such as Chartered Financial Analyst (CFA) and Canadian Securities Course (CSC) are an asset.
- A minimum of years of experience supporting and enhancing derivatives trading and accounting processes using the Murex platform; candidates with less than 3 years of Murex experience must demonstrate experience in managing another derivatives platform (e.g., Infinity, Summit, Calypso).
- Demonstrated project management skills and experience managing activities across departments and teams.