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. 

This position is primarily responsible for IBOR Recon, 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
• Perform Start of Day IBOR position reconciliation.
• 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.  

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 

• 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. 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.