Trading Assistant

RP Investment Advisors LP; Toronto; On-site; CAD 75,000 - 95,000; Full time

Benefits offered by this job

Health, dental and vision insurance

Health Care Spending and Wellness Cred

Employee and Family Assistance Program

Mentorship and Leadership Training

Community outreach and monthly socials

Job summary

RP Investment Advisors LP is seeking a settlement-focused professional to execute trade capture and settlement across bonds, equities, and derivatives. You will support automated OTC desk processes, work with portfolio managers and prime brokers to resolve issues, and monitor daily settlements with precision.

The role emphasizes accuracy, organizational planning, and teamwork. A 1–2 year background in finance and strong Excel/VBA/Python skills are required, along with a degree in

Qualifications

• 1–2 years’ experience in the financial sector, preferably capital markets.
• University degree in Business Mathematics, Commerce or Economics.
• Strong knowledge of capital market instruments including fixed income and derivatives.
• Completion or enrollment in a professional designation program.
• Experience with investment systems such as Bloomberg, Calypso, Markit, CTM, and lcelink is an asset.
• Advanced MS Excel skills and proficiency with Microsoft Office.
• Technical proficiency with VBA and Python.
• AI may be used as part of recruitment.

Responsibilities

• Execute all aspects of trade capture and settlement accurately.
• Support automated processes on a busy OTC bond desk.
• Consult with portfolio managers, counterparties, prime brokers, and custodians to resolve trade issues.
• Monitor fail reports and aged settlements, correcting discrepancies promptly.
• Assist with daily risk and end-of-day reporting and performance attribution.
• Book, instruct and coordinate timely transfer of securities and cash movements with precision.
• Maintain and improve control procedures and processes.

Skills

Advanced MS Excel

VBA

Python

Microsoft Office

Education

University degree in Business Mathematics, Commerce or Economics

Professional designation program (completed or in progress)

Tools

Bloomberg

Calypso

Markit

CTM

lcelink

Job description

The Duties And Responsibilities Of This Role Include

• Execute all aspects of trade capture and settlement in prompt and accurate manner.
• Support the automated processes on a busy OTC bond desk.
• Consult daily with portfolio managers, counterparties, prime brokers, custodian banks, operations, and administrator in resolving trade capture and settlement issues.
• Monitors fail reports / aged settlements and correct any discrepancies in an accurate and timely manner.
• Assist with daily risk and end-of-day reporting, including some performance measurements and attribution.
• Complete general trading desk support activities and ad hoc tasks and analyses as required.
• Ensure the accurate settlement of bonds, equities, money market, options, swaps, and futures on a daily basis.
• Manage existing financial control procedures and proactively identify opportunities for improvement or enhancement to the existing processes and controls.
• Perform daily position and cash reconciliations.
• Investigate and follow-up on trading related discrepancies.
• Protect investors by independently checking for accuracy and identifying and challenging any deviations from procedures and policies in an informed and professional manner.
• Book, instruct and coordinate the timely transfer of securities and cash movements with utmost accuracy and precision.
• Attention to Detail – Must be focused on accuracy and making sure that instructions are captured and executed with precision and care.
• Organization and Planning – A natural analytical problem solver who can independently determine and modify their priorities to meet operational requirements.
• Persistence & Motivation – Demonstrates meticulous attention to detail and understands the importance of adaptability and accountability in an environment where priorities may shift quickly.
• Teamwork – Strong aptitude to motivate team members and encourage a thriving, team-first culture.
• Collaboration – You will be working closely with an experienced and professional team of research, execution, quantitative and structuring portfolio Working in unison with your peers and collaborators is critical to your success in this role.
• Operational Excellence – Must confidently demonstrate knowledge of ethical standards and control principles and uphold RPIA's control and service standards.

Requirements

• One to two years’ experience in the financial sector, preferably in capital markets.
• University degree in Business Mathematics, Commerce or Economics program or related discipline.
• Strong knowledge of capital market instruments including fixed income and derivatives.
• Completion or enrollment in a professional designation program.
• Previous experience with investment systems such as Bloomberg, Calypso, Markit, CTM, and lcelink an asset.
• Strong knowledge of Microsoft Office.
• Advanced MS Excel skills.
• Technical proficiency with VBA/Python/programming required.
• Artificial Intelligence may be used as part of this recruitment initiative.
• Compensation Range: $75,000 - $95,000 base salary, additional compensation may be available.

RPIA is proud to be Great Place to Work Certified™. What sets us apart?

• Exceptional single and family benefits package that includes health, dental and vision insurance plus additional Health Care Spending and Wellness credits.
• Employee and Family Assistance Program to support mental wellbeing extended to all family members in your household.
• Opportunities for professional and personal growth through:
  • Cross-functional Mentorship Program
  • Internally curated Leadership Skills training program
  • Community outreach and monthly social events organized through our volunteer-led.

RPIA is an Equal Opportunity Employer

We believe in the power of diversity of thought, and we aspire to have an inclusive workplace that mirrors the fabric of our community. We strongly encourage applications regardless of race, religion, colour, national origin, gender, sexual orientation, age, marital status, or disability status. We are committed to providing an accessible and equitable application and hiring process and will make accommodations should you require it at any point. We encourage you to connect with us at [e-mail] if you require accommodation during the recruitment process.

Our culture is defined by our six core values: Client-First, Innovation, Excellence, Partnership, Integrity, and Giving back. Our clients often say the outstanding service we deliver is as important to them as the returns we achieve for them. With over 135 employees and approximately $23 billion in assets under management for a broad investor base of institutions and private clients, we proudly remain privately owned by employees who invest alongside our clients.