Portfolio Trading Associate

Position: Portfolio Trading Associate (Contract)
## Portfolio Trading Associate (Contract)
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Toronto, ON:
Full time:
Posted Yesterday:
JR5852

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 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 counter party, 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 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
* 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…