Portfolio Trading Associate (Contract)

CI Investments Inc.; Golden Horseshoe; On-site; CAD 55,000 - 95,000; Full time

Benefits offered by this job

Modern HQ location near Union Station

Training reimbursement

Paid professional designations

Employee savings plan

Corporate discount program

Enhanced group benefits

Parental leave

Top-up program

Paid time off for volunteering

Job summary

CI Investments Inc. is seeking a mid-career trading operations professional to support Order Generation, Account Rebalancing, Corporate Actions, and Post Trade activities. You will collaborate with Portfolio Managers, Traders and Compliance to ensure timely settlements.

You will oversee trade matching across markets, work with brokers and custodians, review post-settlement discrepancies, and help manage collateral and security master data. A finance background is preferred.

Qualifications

• Bachelors’ degree in Business, Finance, or a related field.
• 2-3 years of middle office experience; CFA/FRM is a plus.
• Knowledge of Charles River Order Management systems.
• Experience with collateral management systems and DTCC tools.
• Understanding of derivatives valuation in multiple asset classes.
• Advanced Excel skills.
• Strong communication and listening skills.
• Attention to detail with solid financial markets knowledge.
• Ability to learn quickly in a fast-paced environment.
• Effective time-management and prioritization.

Responsibilities

• Provide end-to-end trading operations support with timely trade confirmations.
• Oversee trade matching and settlements across markets.
• Collaborate with brokers and custodians on international trade settlements.
• Review and resolve post-settlement discrepancies.
• Investigate price challenges and monitor reconciliations.
• Develop a zero-tolerance approach to trading errors and risks.
• Manage fund-of-fund orders and settlements with third-party funds.
• Research and validate corporate action events across markets.
• Maintain security master setup and related data.

Skills

Order management

Trading operations

Data accuracy

Communication

Analytical skills

Education

Bachelor's degree in Business/Finance

Tools

Charles River OMS

Collateral management systems

DTCC CTM/Alert

Clearpar

Job description

At CI, we see a great place to work as one that is a safe place for everyone to have a voice, where people are empowered to take ownership over meaningful work, where there is an opportunity to grow through stretching themselves, where they can work on innovative products and projects, and where employees are supported and engaged in doing so.

JOB OVERVIEW

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.

WHAT YOU WILL DO

• 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 escape 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

WHAT YOU WILL BRING

• Bachelors’ degree in Business, Finance, or a related field
• 2-3 years of “middle office” experience in the industry, preferably in a similar position Completion of, or working towards a professional designation in the finance industry like the CFA, FRM,is a plus
• 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

The anticipated base salary range for this position is$55,000 to $95,000. Exact salary depends on several factors such as experience, skills, education, and budget. Salary range may vary based on geographic location. In addition to base salary, this position is eligible for participation in a bonus program. In addition, The Company offers a variety of benefits to eligible employees, including health insurance coverage, wellness programs, life and disability insurance, retirement savings plans, paid leave programs, education-related programs, paid holidays and vacation time, and many others. Many of these benefits are subsidized or fully paid for by the company.

CI Financial is an independent company offering global wealth management and asset management advisory services through diverse financial services firms. Since 1965, we have consistently anticipated and responded to the changing needs of investors. We are driven by a commitment to provide individuals and institutions with the highest-quality investments and advice.

WHAT WE OFFER

• Modern HQ location within walking distance from Union Station
• Training Reimbursement
• Paid Professional Designations
• Employee Savings Plan (ESP)
• Corporate Discount Program
• Enhanced group benefits
• Parental Leave
• Top–up program
• Paid time off for Volunteering

We are focused on building a diverse and inclusive workforce.

CI Financial Corp. and all of our affiliates (“CI”) are committed to fair and accessible employment practices and provide reasonable accommodations for persons with disabilities.

If you require accommodations in order to apply for any job opportunities, require this posting in an additional format, or require accommodation at any stage of the recruitment process please contact us at [e-mail], or call 416-364-1145 ext. 4747.

CI Financial is an independent company offering global wealth management and asset management advisory services. Since 1965, we have consistently anticipated and responded to the changing needs of investors. We are driven by a commitment to provide individuals and institutions with the highest-quality investments and advice.