Lead Business Consultant, Investment Operations

SimCorp; Toronto; Hybrid; CAD 115,000 - 165,000; Full time

Benefits offered by this job

Bonus scheme

Pension plan

Health & dental care

Flexible hours

Hybrid work model

Professional development

Job summary

SimCorp in Toronto is seeking a Lead Business Consultant specializing in IBOR to drive implementation projects for major financial clients. You will work full-time on IBOR-focused initiatives and serve as a sparring partner for clients, coordinating delivery across teams.

You should bring IBOR and asset-management experience, strong communication in English, and a track record of successful enterprise implementations using SimCorp Dimension.

Qualifications

• Experience as an Implementation Consultant for asset managers, asset owners, banks or consulting firms.
• At least two of: Asset Management Back Office or Financial Reporting Consulting or Professional Services in Asset Management.
• 3–5 years hands-on investment operations experience in asset management.
• Experience with multiple enterprise implementations involving IBOR functions on buy side and similar to SimCorp Dimension.

Responsibilities

• Understand customer requirements and processes related to Investment Operations and outline solutions for optimal use of SimCorp Dimension.
• Close cooperation with the project manager and key role in developing projects to success.
• Gain understanding of SimCorp's Global Standard Solutions and utilize them for project delivery.
• Key contact for our customers for all questions in connection with SimCorp Dimension.
• Instruct and mentor less experienced colleagues on the job.
• Contribute to improving best practices for implementation processes and promote topics across projects.
• Actively participate in know-how exchange with colleagues on an international level.

Skills

IBOR expertise

Asset management knowledge

Implementation consultancy

English communication

Education

Business/Finance/Economics degree

Mathematics/Applied sciences

Tools

SimCorp Dimension

Job description

What makes Us, Us Join some of the most innovative thinkers in FinTech as we lead the evolution of financial technology. If you are an innovative, curious, collaborative person who embraces challenges and wants to grow, learn and pursue outcomes with our prestigious financial clients, say Hello to SimCorp! At its foundation, SimCorp is guided by our values - caring, customer success-driven, collaborative, curious, and courageous. Our people-centered organization focuses on skills development, relationship building, and client success. We take pride in cultivating an environment where all team members can grow, feel heard, valued, and empowered. If you like what we're saying, keep reading!

Why this role is important to us

At SimCorp, we facilitate the streamlining of investments, accounting, and operations for major global financial institutions. We do this through IT systems, processes, and financial knowledge. Implementing our software by way of high-quality projects is at the core of what we do. To introduce our software to our clients, business consultants are essential to us. In the role of Lead Business Consultant specializing in IBOR (Investment Book Of Records), your participation will be instrumental in the expansion of our market unit and in advancing the outcomes of our clients' projects. You will normally be working full-time on implementation projects, which require your special expertise in the IBOR area, and you will be responsible for all aspects of the project stream. You will act as an important sparring partner for your clients and effectively monitor, coordinate, and elevate issues as needed.

Responsibility for major parts of SimCorp Dimension implementation projects

• You know the customers' requirements and processes related to Investment Operations at banks, asset managers and insurers and outline solutions for optimal use of SimCorp Dimension
• Close cooperation with the project manager and key role in developing projects to success
• Gain understanding of Simcorp's Global Standard Solutions and utilize them for project delivery
• Key contact for our customers for all questions in connection with SimCorp Dimension
• Instruct and mentor less experienced colleagues on the job
• Contribute to improving best practices for implementation processes and promote topics across projects
• Actively participate in know-how exchange with colleagues on an international level

What We Value Most importantly, you can see yourself contributing and thriving in the position described above. How you gained the skills needed for doing that is less important. We expect you to be good at several of the following and be able to - and interested in - learning the rest. As our preferred candidate you have:

• Previous experience as an Implementation Consultant for asset managers, asset owners, banks or consulting firms
• Excellent know-how in at least two of the following areas:
  • Asset Management – Back Office – or Financial Reporting Consulting or Professional Services within the Asset Management sector
  • An implementation role for a software vendor specializing in Asset Management software
  • Asset Management candidates should have 3-5 years of experience working hands on with the investment operations function and related enterprise applications
  • Consultants should have experience with multiple enterprise implementations involving IBOR functions on the buy side, and hands on experience with applications similar to Simcorp Dimension

Priority skillsets — areas of immediate team need

• Asset Servicing: Corporate Actions (SCD processing + SWIFT flows); Asset Transfer including In-Kind transfers
• Cash Processing: End-to-end cash management and processing workflows
• Collateral Management: Collateral processing and optimization within investment operations
• Fees Processing: Fee calculation, accrual, and settlement workflows
• Reconciliation: Position, cash, and/or transaction reconciliation processes
• Technical — Auxiliary & Batch Jobs: Configuration and troubleshooting of Aux Jobs and Batch Job scheduling within SimCorp Dimension
• Technical — Communication Server: Setup and management of Communication Server for automated message handling and external connectivity

Candidates with depth in any of the above areas are strongly encouraged to apply, even if other areas are still developing.

Experience with Trade processing including confirmation and/or trade settlement processes and solutions is a plus

Degree within Business discipline (Accounting, Finance, or Economics) or Mathematics/Applied Sciences preferred

Self-starter with a can-do mindset

Ability to manage assigned tasks and deliver the results on time

Excellent communication skills and proficiency in English – both oral and written

Basic understanding of financial industry/products and related accounting

Hands-on experience with SimCorp Dimension is a plus

Ability to travel to client's site (up to 50%)

Can attend the SimCorp office 2x/week as per our hybrid policy in Toronto or 3x/week in New York

Benefits Attractive salary, bonus scheme, and pension are essential for any work agreement. However, in SimCorp we believe we can offer more. Therefore, in addition to the traditional benefit scheme, we provide a good work and life balance: flexible working hours and a hybrid model. And opportunities for professional development: there is never just only one route - we offer an individual approach to professional development to support the direction you want to take.

SimCorp welcomes and encourages applications from people with disabilities.

SimCorp is an equal opportunity employer and welcome applicants from all backgrounds, without regard to race, gender, age, disability, or any other protected status under applicable law.

We are committed to building a culture where diverse perspectives and expertise are integrated into our everyday work.

We believe in the continual growth and development of our employees, so that we can provide best-in-class solutions to our clients.

For Toronto only: The salary range for this position is $115,040 - $165,040 CAD. Base pay may vary based on factors such as years of experience, skills and qualifications. Additionally, employees are eligible for an annual discretionary bonus and benefits including health and dental care, time off and Group RRSP/TFSA.

For New York City only: The salary range for this position is $139,000 - 173,000 USD. Additionally, employees are eligible for an annual discretionary bonus, and benefits including health care, leave, and retirement plans. Your total compensation may vary based on role, location, department and individual performance.

WHO WE ARE

For over 50 years, we have worked closely with investment and asset managers to become the world’s leading provider of integrated investment management solutions. We are 4,000+ colleagues with a broad range of nationalities, educations, professional experiences, ages, and backgrounds.

SimCorp is an independent subsidiary of the Deutsche Börse Group. Following the recent merger with Axioma, we leverage the combined strength of our brands to provide an industry-leading, full, front-to-back offering for our clients. SimCorp is an equal opportunity employer and welcome applicants from all backgrounds, without regard to race, gender, age, disability, or any other protected status under applicable law.

We are committed to building a culture where diverse perspectives and expertise are integrated into our everyday work. We believe in the continual growth and development of our employees, so that we can provide best-in-class solutions to our clients.

Li-Hybrid

SimCorp is a provider of industry-leading integrated investment management solutions for the global buy side. Founded in 1971, with more than 3,000 employees across five continents, SimCorp is a truly global technology leader that empowers more than half of the world’s top 100 financial companies through its integrated platform, services, and partner ecosystem. SimCorp is a subsidiary of Deutsche Börse Group. As of 2024, SimCorp includes Axioma, the leading provider of risk and management and portfolio optimization solutions for the global buy side. SimCorp is a provider of industry-leading integrated investment management solutions for the global buy side.