Associate, Settlements – OTC Derivatives and Securities Borrow/Lend (12-Month Contract)

Company Description

Make an impact at a global and dynamic investment organization

When you join CPP Investments, you are joining one of the world’s most admired and respected institutional investors. With more than $600 billion in assets under management, CPP Investments is a professional investment management organization that globally invests the funds of the Canada Pension Plan (CPP) to help ensure it is financially sustainable for generations of working and retired Canadians.

CPP Investments invests across regions and asset classes to build a globally diversified portfolio. It holds assets in public equity, private equity, real estate, infrastructure, and fixed income, and the CPP Fund is projected to reach $3 trillion in assets by 2050. The organization is headquartered in Toronto with offices in Hong Kong, London, Mumbai, New York City, San Francisco, São Paulo, and Sydney.

CPP Investments successfully attracts, selects, and retains talented individuals from top-tier institutions worldwide. Join our team for access to:

• Stimulating work in a fast-paced and intellectually challenging environment
• Accelerated exposure and responsibility
• Global career development opportunities
• Diverse and inspiring colleagues and approachable leaders
• A hybrid-flexible work environment with an emphasis on in-person collaboration
• A culture rooted in principles of integrity, partnership, and high performance
• An organization with an important social purpose that positively impacts lives

If you have a passion for performance, value a collegial and collaborative culture, and approach work with the highest integrity, invest your career here. 

Job Description

We are presently recruiting for an Associate, Public Markets Middle Office (PMMO) to support the settlement processes for public market products, with a focus on FX, Securities Borrow/Lend and OTC Derivatives.  The ideal candidate is a self-starter with excellent analytical skills, organization skills, written and verbal communication skills and prior knowledge of settlement and custodial procedures in Canadian and international marketplaces. Process and control oversight experience is requisite.

Team Summary

The Public Markets Middle Office (PMMO) team resides within the Technology and Operations department and ensures that trading activity, security settlement, and asset servicing for Public Market investments and Derivative Products are managed in an effective and efficient manner.

Accountabilities

• Responsible for supporting and performing day-to-day settlement processes and escalations from both internal and external parties for public market products (specifically FX, Securities Borrow/Lend and OTC Derivatives)
• Coordinating with internal/external business partners and CPPI’s custodian to support transactional flow.
• Ensuring daily reporting and investigations are carried out in a timely and efficient manner; if there are exceptions to manage, confirm that the team and other related parties are following up; be comfortable reporting errors or incidents to related parties and management as necessary.
• Take on or assist with other reporting requirements including gathering metrics data and other ad-hoc reporting requests.
• Confirm that controls and procedures are being followed by the team and review and provide approvals as necessary.
• Be able to support additional daily settlement and affirmation functions as necessary.
• Assist various internal business partners with operational issues related to trade settlement and custodial procedures.
• Participation in vendor engagements and team specific projects/initiatives as called upon.
• Experience with OTC Derivative life-cycle management
• May need to represent the team on cross-department/firm initiatives.
• Partner with team members to identify, socialize, develop, and implement opportunities for enhancements that drive straight through processing (STP), automation, and efficiency.
• Build and maintain strong relationships with internal and external business partners

Qualifications

• Relevant university degree such as Business, Economics, Finance, Math, Commerce, Engineering, Accounting, or other related disciplines
• Excellent communication and interpersonal skills; demonstrated experience building and retaining solid working relationships internally and externally.
• Demonstrated understanding of operational processes and custodial procedures, especially familiarity with trade lifecycle, settlement, and custodial operations.  Domestic and International Repo/Fixed Income experience is requisite.
• Excellent analytical skills and the ability to think through problems, assess a variety of factors, and recommend solutions.
• Knowledge of MS Office (Excel, PowerPoint, Word), Bloomberg OMS, Murex, SimCorp, and Tableau is an asset.
• Experience with Equilend and Markitwire considered an asset.
• Strong interpersonal and organizational skills
• High degree of professionalism combined with the ability to readily adapt to rapidly changing investment business and technology environments.
• Team player who enjoys high performance culture; comfortable and flexible with constantly evolving priorities and is open to new challenges.
• Exemplify our Guiding Principles of Integrity, Partnership, and High Performance

Additional Information

Visit our LinkedIn Career Page or Follow us on LinkedIn. #LI-AS1 #LI-Onsite 

At CPP Investments, we are committed to diversity and equitable access to employment opportunities based on ability.

We thank all applicants for their interest but will only contact candidates selected to advance in the hiring process.

Our Commitment to Inclusion and Diversity:

In addition to being dedicated to building a workforce that reflects diverse talent, we are committed to fostering an inclusive and accessible experience. If you require an accommodation for any part of the recruitment process (including alternate formats of materials, accessible meeting rooms, etc.), please let us know and we will work with you to meet your needs.

Disclaimer:

CPP Investments does not accept resumes from employment placement agencies, head-hunters or recruitment suppliers that are not in a formal contractual arrangement with us. Our recruitment supplier arrangements are restricted to specific hiring needs and do not include this or other web-site job postings. Any resume or other information received from a supplier not approved by CPP Investments to provide resumes to this posting or web-site will be considered unsolicited and will not be considered.  CPP Investments will not pay any referral, placement or other fee for the supply of such unsolicited resumes or information.