Portfolio Trading Associate
CI Financial
Portfolio Trading Associate
CI Financial
Canadian asset manager growing through acquisitions
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 OVERVIEWWHAT YOU WILL DO
Provide daily trading operations support from end-to-end, to all Portfolio Management groups within CI, with timely trade confirmations and settlement of various asset classes, including: Equities, Fixed Income, and Derivatives
Oversee trade matching and settlements across all markets and where necessary escalate issues to brokers, custodians and clients
Work with brokers and custodians globally on international trade settlement issues in several markets
Review and resolve post settlement discrepancies
Investigate and resolve both simple and complex price challenges
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.
Fund of Fund operations – ensure timely placement of orders with 3rd Party mutual funds as well as settlements between custodians and various fund companies
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
Security master setup, maintenance
WHAT YOU WILL BRING
Bachelors’ degree in Business, Finance, or a related field
2-3 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
Knowledge and experience with Charles River Order Management systems
Experience with Collateral Management Systems, DTCC CTM/Alert, Clearpar and other market products for trade matching and settlements
Good understanding of Exchange and OTC derivative valuation in one or more asset classes
Advanced Excel Skills
Excellent communication and listening skills to understand business needs and translate those needs into workable solutions
Strong attention to detail andanalytical 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
Effective time-management and ability learn, prioritize, and execute quickly
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.
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.
A Supportive Environment for Success
We offer an in-office environment, competitive benefits, and a supportive workplace to help our employees thrive both personally and professionally.
WHAT WE OFFER
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.
Please submit your resume in confidence by clicking “Apply”. Only qualified candidates selected for an interview will be contacted. 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 [email protected], or call 416-364-1145 ext. 4747.
Canadian asset manager growing through acquisitions
CI Financial builds and runs investment management and wealth-advisory platforms through a network of subsidiaries that manage assets and provide investment products and advisory services to individuals and institutions. Its platforms are advisor-facing, helping independent financial advisors and RIAs offer mutual funds, managed accounts, and other wealth-management services. The company differentiates itself by growing through acquisitions, creating a large, integrated footprint in Canada and the United States. Its goal is to scale into a leading diversified financial-services group serving a broad adviser network, a strategy that culminated in Mubadala Capital taking the company private in 2024.
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