Trade and Operations Specialist

TDS Personnel; Toronto; On-site; CAD 50,000 - 80,000; Full time

Job summary

An established industry player is seeking a detail-oriented Trade and Operations Specialist to enhance their operations team. This pivotal role involves managing data, ensuring accurate client reporting, and executing trades across diverse asset classes. The ideal candidate will possess strong analytical skills, a solid understanding of financial instruments, and proficiency in tools like Bloomberg. Join a collaborative environment where your contributions will directly impact client satisfaction and operational efficiency. If you're ready to take your career to the next level in a dynamic setting, this opportunity is perfect for you.

Qualifications

• 3+ years of experience in investment management or financial institutions.
• Strong proficiency in Microsoft Excel and Bloomberg.

Responsibilities

• Assist with trade execution across various asset classes.
• Liaise with brokers and back-office personnel to resolve issues.
• Perform daily electronic reconciliation of accounts.

Skills

Data Management

Client Reporting

Trade Processes

Problem Resolution

Microsoft Office Suite

Bloomberg

Portfolio Management Systems

Education

University or College Degree in Business or Finance

Completion of the CSC

Tools

Bloomberg

Harmony Infinite Systems

Job description

Our client, a downtown portfolio manager, requires a Trade and Operations Specialist to join their team.

Role Overview

The Trade and Operations Specialist plays a key role in the operations team supporting data management, client reporting, trade processes, and problem resolution. This person will work closely with the VP of Trading and Operations and the Client Services Manager to ensure the integrity of the data systems. The position requires strong computer skills, attention to detail, a positive professional attitude, and the ability to work in a team environment.

Responsibilities:

1. Assist with execution of all trades across all asset classes including global equities, global bonds, preferred shares, money market instruments, and foreign exchange.
2. Settle all traded instruments in a timely manner.
3. Liaise with brokers, back-office personnel, and custodians to resolve trading issues.
4. Ensure all client accounts have adequate cash daily.
5. Maintain records of trades and confirmations for regulation and compliance purposes.
6. Update daily prices and FX rates across the security universe.
7. Set up securities and use Bloomberg to gather relevant information.
8. Perform daily electronic reconciliation of accounts to custodial records.
9. Monitor corporate actions and ensure responses meet deadlines.
10. Assist with client inquiries, account updates, and maintaining accurate client information.
11. Support the preparation of client documents, proposals, and account-opening materials.
12. Help Portfolio Managers prepare for client meetings by organizing required materials.
13. Create and verify client statements against custodial records and address errors or omissions.
14. Identify opportunities to improve workflow and system efficiency across operations and trading.
15. Perform other duties as assigned.

Qualifications:

1. At least three years of experience at an investment management firm or financial institution, serving high-net-worth clients.
2. University or College degree in Business or Finance; successful completion of the CSC is essential. Experience in Fixed Income is an asset.
3. Proficiency in Microsoft Office Suite, especially Excel, with knowledge of Bloomberg and portfolio management systems (e.g., Harmony Infinite Systems) preferred.

To apply, upload your resume and complete the required information in the “Apply For The Job” section on the right of the posting. Alternatively, quote the position title and email your resume to: Elyse; [e-mail]

If you are already registered with TDS Personnel, please contact your Consultant.

TDS Personnel is an equal opportunity employer committed to employment practices in accordance with the Ontario Human Rights Code and the Accessibility for Ontarians with Disabilities Act. Accommodations are available upon request for candidates with disabilities or medical needs during the recruitment process.