Operations Associate

Validus Risk Management; Toronto; On-site; CAD 80,000 - 120,000; Full time

Job summary

Validus Risk Management is seeking a Trading Operations Specialist to enhance their trading infrastructure and manage operations for a diverse client base. The role involves executing trades, ensuring compliance, and optimizing hedging portfolios while working closely with investment banks and clients. Candidates should possess strong analytical skills, a finance-related degree, and a minimum of 5 years of experience in trading operations.

Benefits

Generous discretionary Bonus Scheme

Private Health Insurance

Retirement Scheme

15 days holiday per annum increasing to 20 days

Qualifications

• Minimum of 5 years of experience in trading operations.
• In-depth knowledge of financial markets and trading operations.
• Strong understanding of regulatory requirements and industry best practices.

Responsibilities

• Assist with trading infrastructure onboarding with investment banks.
• Conduct and oversee trading operations activities.
• Prepare and send daily regulatory reports.

Skills

Analytical skills

Problem-solving

Attention to detail

Communication

Interpersonal skills

Education

Bachelor's degree in finance, economics, or a related field

Relevant industry certifications (e.g., CFA, FRM)

Job description

The capital markets function at Validus was established two years ago, with the objective of developing a specialist front / middle / back office outsourced solution for our client base of private capital managers, institutional investors and corporate clients.

This involves :

• Establishing trading infrastructure (trading lines, ISDA agreements) with investment banks and other counterparties
• Executing derivative trades (as agent) on behalf of clients
• Communicating and coordinating hedging activity with clients
• Ensuring best execution across a variety of derivatives (FX, interest rates, commodities)
• Managing and developing strong relationships with clients and across our banking panel of >

50 banks around the world

• Proactively working with clients and Validus colleagues to optimise hedging portfolios
• Designing and presenting hedging solutions to internal and external clients

Primary Responsibilities

• Assist with the trading infrastructure onboarding with investment banks and other counterparties
• Conduct and oversee all trading operations activities, including trade confirmation, payment facilitation, reconciliation and regulatory reporting
• Prepare and send daily regulatory reports
• Collect clients’ financial statements and conduct ATE testing
• Manage fund finance operations
• Utilise technology skills to assist with data analysis, developing and automating reports and processes to help the GCM function become more efficient
• Carry out ad-hoc project work and any other ancillary task as assigned by the Department Head
• Monitor and analyse trading data and performance metrics, identifying areas for improvement
• Stay up-to-date with market trends and developments, assessing potential impact on trading operations
• Manage relationships with external counterparties, brokers, and vendors
• Adhere to all internal policies and procedures
• Ensure compliance with regulatory requirements and industry best practices

Requirements

• Minimum of 5 years of experience in trading operations
• In-depth knowledge of financial markets and trading operations, including trade execution, settlement, and risk management
• Strong understanding of regulatory requirements and industry best practices
• Strong analytical and problem-solving abilities
• Exceptional attention to detail and ability to work effectively under pressure
• Excellent communication and interpersonal skills
• Bachelor's degree in finance, economics, or a related field
• Relevant industry certifications (e.g., CFA, FRM) are a plus
• You will be eligible to join our generous discretionary Bonus Scheme (paid semi-annually) after 6 months of service
• Private Health Insurance
• Retirement Scheme
• You will be entitled to 15 days holiday per annum which will increase by 1 day per year to a maximum total of 20 days as well as all Canadian bank holidays

Our core company values are;

• Accountability – Getting it done and owning the result.
• Teamwork – We succeed by helping others succeed.
• Integrity – We serve our clients; the responsibility is sacrosanct.
• Diversity – Diversity boosts creativity – creativity is our edge.
• Kaizen – Strive to do things better. Innovation kills complacency.

Validus is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.