Senior Portfolio Trading Associate

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 order generation processing and settlement of various asset classes, including : Equities, Fixed Income, and Derivatives
• 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

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 like the CFA, FRM, is a plus
• Advanced knowledge and experience with Charles River Order Management systems
• Experience with Collateral Management Systems, SSCNet, Omgeo 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

LI-HYBRID

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.

Our commitment to the highest levels of performance means that whatever their position, CI employees must be comfortable in a fast-paced environment that will stretch them to tap into their highest potential.

Employees with a healthy dose of ambition, a desire to commit to a curious mindset for continuous learning, and a willingness to go the extra mile thrive at CI.

WHAT WE OFFER

Modern HQ location within walking distance from Union Station

Flexible & Hybrid Work Program

Equipment Purchase Program

Training Reimbursement

Paid Professional Designations

Employee Share Purchase Program (ESPP)

Corporate Discount Program

Enhanced group benefits

Parental Leave Top up program

Fitness membership discounts

Volunteer paid Days

Complimentary vending machines

We are focused on building a diverse and inclusive workforce. If you are excited about this role and are not confident you meet all the qualification requirements, we encourage you to apply to investigate the opportunity further.