Canada Post
Job title:
Associate, Public Markets Middle Office
Company
Canada Post
Job description
Job Requisition Id: 177536
Business Function: Pension Investment
Primary City: Toronto
Other Location(s):
Province: Ont. – GTA
Employment Type: Full-Time
Employment Status: Permanent
Language Requirement: English Essential
Employee Class and Level: CPPIA01
Number of Vacancies 2
Job Closing Date (MM/DD/YYYY): 02/09/2024
All qualified candidates will be considered however preference will be given to Indigenous people (First Nations, Metis or Inuit) or persons with a disability. This is a special measure employment equity initiative and candidates from this group who wish to qualify for preferential consideration must self-identify.
Job Description
Reporting to the Manager, Investment Operations, the Associate, Public Markets Middle Office will be actively involved with the Fixed Income and Equities team in supporting new investments, managing existing investments, reporting and analytics. The Associate handles all security and cash trading activity in the market on custody and accounting and ensures the successful settlement of this activity. The Associate must be familiar with the investment industry (management, investment dealers, brokers), public pension plans, and knowledgeable with capital markets and fixed income, in order to assist in the planning and implementation of many investment tools and processes.
Job Responsibilities
Below are the main job requirements and responsibilities for the Associate, Public Markets Middle Office.
1. Analyzes and ensures data accuracy and timeliness of day position and risk reporting of bond portfolios. Evaluates potential investments and identifies and analyzes key areas of risks and opportunity. Responsible for trade capture and valuation to ensure all events and risk associated with a transaction are captured and valued in line with agreed upon standards. Resolves time sensitive issues to support day-to-day trading activity.
2. Prepares Investment Advisory Committee / Pension Committee report which summarizes the expected return, risk and opportunities, team history, strategy, and terms.
3. Participates in the planning and implementation of investment tools and processes for enhancing trading for custody and accounting. Presents innovative solutions on how to best carry out the implementation process and on which processes/module setups will best help the Pension Plan achieve its goals. Works with a variety of different teams within the plan (i.e., Fixed Income, Equities, Real Estate, Risk, etc.) to ensure all areas are involved in the implementation process.
4. Liaises with key internal and external intermediaries including brokers/dealers, corporate bond issuers, credit agencies, banks, custodians. Attends meetings with these intermediaries to evaluate and assess responses to questions in order to track and record strategy and lessons learned to identify potential investment opportunities. Supports the portfolio management of investments, including developing direct relationships with fund and co-investment management teams.
Job Responsibilities (continued)
5. Assists Public Markets team in portfolio construction process to generate value-added investment strategies and instruments. Works closely with the Fixed Income and Equities trading teams in order to ensure all trades and deals are booked in the market, while following all market regulations.
6. Prepares the Investment Reports for each investment in public markets. Ensures the data accuracy and timeliness of day position and risk reporting of bond portfolios. Reviews information memorandums and management presentations.
7. Attends and contributes to Pension Investment weekly team meetings which involve discussing reports, providing strategic insights on new investment opportunity execution with respect to public markets. Responsible for updating and managing the Pipeline Reports used at these team meetings.
8. Builds and maintains internal book of records, transactions, databases, financial systems and models, as well as assisting in streamlining operational processes. Responsible for handling daily administrative issues related to trade input and resolving settlement issues with traders, counterparties and custodian.
Qualifications
Education
- University degree preferably in Business (Finance, Accounting), Economics or another related field.
- CFA designation, or progress towards attaining the CFA, an asset.
Experience
- 2-5 years of experience working in investment management (public equity or fixed income), equity research, and investment banking or other similar experience.
- Pension fund experience is an asset.
- Python, SQL, and Tableau tools experience is an asset.
Other Candidate Requirements
- Proficient knowledge and experience working with Simcorp Dimension is an asset.
- Familiarity with Bloomberg.
- Strong research, analytical, valuation, technical and problem-solving skills; ability to think creatively.
- Strong organizational, prioritization and time-management skills.
- Good interpersonal skills.
- Strong oral and written communication skills.
Other Information
Safety Sensitive Positions
This position may be considered a Safety Sensitive position and has additional requirements under Canada Post’s Substance Use Policy.
Employment Equity
Canada Post will represent Canada’s diversity and provide a safe and welcoming workplace that embraces and celebrates our differences. We are committed to employment equity and encourage applications from women, Indigenous People, persons with disabilities and visible minorities.
Disability is defined as a persistent or episodic physical, sensory, or mental health condition and/or functional limitation. Disability includes both visible and hidden conditions and/or limitations that may impact vision, hearing, mobility, flexibility, dexterity, pain, learning, developmental, mental/psychological, and memory.
Conflict of Interest
The Conflict of Interest Policy prohibits employees from hiring, supervising or reporting to, directly or indirectly via the reporting hierarchy, their immediate family or close personal relations. Should you feel that you may be in an actual or potential Conflict of Interest in regard to this job opportunity, you must communicate with the designated Human Resources representative.
Accommodation
Canada Post is committed to providing an inclusive and barrier-free work environment, starting with the hiring process. If you are contacted by Canada Post regarding a job opportunity, please advise if you have any restrictions that need to be accommodated. All information received in relation to accommodation will be kept confidential.
Important Message
Your application must clearly demonstrate how you meet the requirements as Canada Post cannot make assumptions about your education and experience. We thank all those who apply. Only those selected for further consideration will be contacted.
Our signature behaviours
Make the call – We’re empowered to make decisions, respectfully challenge the status quo, and support others to do the same.
Know the destination- We understand Canada Post’s strategy and goals and how we contribute to them, and we move forward with open minds when exploring new approaches. Deliver for others – We take pride in doing our personal best, demonstrate care for others, and support and encourage them to reach their potential.
Ignite our pride- We play a role in making Canada stronger by celebrating who we are, the communities we service, and issues that matter.
Our values
Our Values have three dimensions: “We matter as individuals, We matter to one another, We matter to our country”
TRUST
I earn the trust placed in me every day, and I trust that my safety and well-being are everyone’s top priority.
We do our best work when we trust each other.
We value the trust Canadians have in us, and understand it is earned with every decision and interaction.
RESPECT
I understand respect is the foundation of a successful workplace.
We respect each other as colleagues and treat each other as we would like to be treated.
We respect our country and the communities we serve, and understand we have a responsibility to be a positive force for change.
DELIVER
I challenge myself to safely deliver every day because what I do matters.
We are a network of people, united by what we accomplish and deliver together.
Delivering a stronger Canada for Canadians is at the heart of what we do
Expected salary
Location
Toronto, ON
Job date
Sun, 28 Jan 2024 07:16:07 GMT
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