Senior Portfolio Trading Associate

CI Financial Corp.; Toronto; Hybrid; CAD 55,000 - 95,000; Full time

Benefits offered by this job

Modern HQ near Union Station

Training reimbursement

Paid professional designations

Employee Savings Plan

Corporate discount program

Enhanced benefits

Parental leave

Top-up program

Volunteer time off

Job summary

CI Financial Corp. is seeking a middle-office professional to provide end-to-end trading operations support, including IBOR reconciliation, order generation, and portfolio rebalancing.

You will work closely with portfolio managers, traders, and compliance to ensure timely settlements across equities, fixed income, and derivatives. The role requires 3–5 years of middle-office experience, strong Excel and programming skills (Python, SQL, VBA), and familiarity with Charles River OMS.

Qualifications

• Bachelor's degree in Business, Finance, or a related field.
• 3-5 years of middle office experience in the industry.
• CFA/FRM is a plus.
• Advanced knowledge of Charles River Order Management systems.
• Experience with Collateral Management Systems & market products.
• Strong Excel and programming skills (Python, SQL, VBA).
• Excellent communication and attention to detail.

Responsibilities

• Provide daily trading operations support end-to-end for CI's Portfolio Management groups with timely order generation and settlement.
• Perform Start of Day IBOR position reconciliation.
• Manage, maintain and rebalance portfolios per PM model.
• Monitor cash levels and ensure sufficient liquidity.
• Serve as key contact for the portfolio management teams.
• Guide and assist team members to build skills.
• Communicate trade allocations to brokers, custodians and clients and verify settlement.
• Resolve post-trade settlement discrepancies and price challenges.
• Identify and implement process improvements.
• Monitor daily reconciliations between systems.
• Maintain SMF maintenance and monitoring.

Skills

IBOR reconciliation

Order management

Portfolio rebalancing

Cash management

Communication

Excel

Python

SQL

Attention to detail

Education

Bachelor's degree in Business/Finance

CFA/FRM (plus)

Tools

Charles River OMS

Collateral Management Systems

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.

This position is primarily responsible for IBOR Recon, 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 order generation processing and settlement of various asset classes, including: Equities, Fixed Income, and Derivatives
• Perform Start of Day IBOR position reconciliation.
• Responsible for managing, maintaining, and re-balancing portfolios in accordance with the portfolio manager’s model.
• Responsible for monitoring cash levels in the portfolios and investigating any issues to make sure the portfolios hold sufficient cash at all times.
• Key contact for the portfolio management teams.
• Provide guidance and assistance to the other team members, to help build the depth and breadth of skills and knowledge on the team.
• Communicate trade allocations across all markets to brokers, custodians and clients where necessary, verifying trades settle on time and research and correct any trade discrepancies.
• Act as a point of contact for simple and complex instruments for post trade settlement discrepancies, as well as downstream Performance and Risk applications tools.
• Investigate and resolve both simple and complex price challenges.
• Proactively identify and implement opportunities and enhancements to improve functions.
• 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.
• 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.
• SMF maintenance and monitoring.

WHAT YOU WILL BRING

• Bachelors’ degree in Business, Finance, or a related field.
• 3-5 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 such as the CFA or FRM is a plus.
• Advanced knowledge and experience with Charles River Order Management systems.
• Experience with Collateral Management Systems, CTM, DTCC Alert, Clearpar and other market products for trade matching and settlements.
• Strong understanding of Exchange and OTC derivative valuation in one or more asset classes.
• Advanced Excel Skills and experience writing and working with various programming languages – Python, SQL, VBA, etc.
• 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.

This opportunity is for an existing vacancy with the company. 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.

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 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.