Senior Custody Specialist

AGF Management Limited; Toronto; On-site; CAD 60,000 - 80,000; Full time

Job summary

A leading company in asset management is seeking a professional for their Investment Operations team in Toronto. The role involves ensuring accurate trade settlements, supporting junior team members, and liaising with internal stakeholders. Ideal candidates will possess substantial experience in the investment sector, strong organizational abilities, and excellent communication skills.

Qualifications

• 3 to 5 years' experience in the investments industry.
• Minimum 3 years of trade settlement experience.
• Strong knowledge of MS Office and Excel.

Responsibilities

• Complete daily trade settlements and reconciliations.
• Maintain settlement instruction records for investment funds.
• Prepare trade summary reports for Traders and Portfolio Managers.

Skills

Interpersonal skills

Organizational skills

Problem-solving skills

Attention to detail

Multi-tasking abilities

Education

Completed or enrolled in the Canadian Securities Course

Tools

Eagle Investment Systems

Bloomberg

FXALL

Job description

About AGF:

Founded in 1957, AGF Management Limited (AGF) is an independent and globally diverse asset management firm. Our companies deliver excellence in investing in the public and private markets through three distinct business lines: AGF Investments, AGF Capital Partners and AGF Private Wealth. AGF brings a disciplined approach, focused on incorporating sound, responsible and sustainable corporate practices. The firm’s collective investment expertise, driven by its fundamental, quantitative and private investing capabilities, extends globally to a wide range of clients, from financial advisors and their clients to high-net worth and institutional investors including pension plans, corporate plans, sovereign wealth funds, endowments and foundations.

About the team:

Investment Operations serves as a control point between the Front Office (Investment Management and Trading Teams) and the Back-Office Counterparties (Brokers, Issuers). The work is varied and structured in a few hour blocks of tasks and broad exposure across the Operations, Investment and Trading departments.

Your Responsibilities :

• Complete daily trade settlements and reconciliations
• Maintain settlement instruction records for all AGF Investment Funds, Segregated Portfolios and Institutional Clients
• Prepare trade summary reports for Traders and Portfolio Managers
• Liaise both internally and externally with relevant business partners, to facilitate investigation and resolution of any issues
• Help oversight the junior members on the team with their day-to-day tasks
• Monitor / maintain corporate action records and ensure responses are submitted
• Monitor / update private placements and restricted securities; complete paperwork for custodian and clients as required
• Prepare overnight placements and communicate to Fund Accounting, client and custodian
• Reconcile and execute foreign exchange for segregated funds
• Complete new client transition activities, including custody requisitions and corporate actions
• Prepare and execute foreign exchange trades for funds and send to custodian for execution
• Prepare monthly custody reconciliations as required
• Provide support and back up as required across the Client Custody team
• Assist with completing market opening documentation, market renewal documentation, tax reclaim documentation and other related documents
• Maintain Class Action data and aid in any Class Action related question with the vendor and custodian
• Other duties as assigned; may require evening and / or weekend work

Your Qualifications :

• 3 to 5 years’ experience in the investments industry
• Minimum 3 years of trade settlement experience
• Experience calculating end-to-end daily NAVs would be an asset
• Knowledge of products and processes used in the institutional investment industry
• Strong interpersonal and customer service skills
• Excellent organizational skills, with a strong attention to detail and accuracy
• Strong oral and written communication skills
• Proven analysis, problem-solving and conflict resolution skills
• Ability to multi-task in a fast paced environment, while meeting time sensitive deadlines
• Confidently works independently and in a small team environment
• Strong knowledge of MS Office and Excel; ability to quickly learn new software systems

Assets :

• Experience with the following vendors / systems would be a strong asset: Eagle Investment Systems, FXALL, Bloomberg, SS&C, ClearPar, and Bloomberg AIM
• Completed or enrolled in the Canadian Securities Course
• Working knowledge of investment instruments such as Equities, Bonds, Forwards, ETFs, Swaps, Options, Futures will also be an added asset)

No unsolicited agency referrals please.

AGF is an equal opportunity employer. AGF welcomes and encourages applications from people with disabilities. Accommodations are available on request in all aspects of our recruitment and selection process. It is the Company's policy to recruit and select applicants for employment solely on the basis of their qualifications, with emphasis on selecting the best qualified person for the job. AGF does not discriminate against applicants based on race, color, religion, sex, national origin, or disability or any other status or condition protected by applicable legislation.

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