Onex is an investor and asset manager that invests capital on behalf of Onex shareholders and clients across the globe. Formed in 1984, we have a long track record of creating value for our clients and shareholders. Onex became a public company in 1987 and is listed on the Toronto Stock Exchange under the symbol ONEX.
Onex’ two primary businesses are Private Equity and Credit. In Private Equity, we raise funds from third-party investors and invest them, along with Onex’ own investing capital, through the funds of our private equity platforms: Onex Partners and ONCAP. Similarly, in Credit, we raise and invest capital across several private credit, liquid credit and public equity strategies. Our investors include a broad range of global clients, including public and private pension plans, sovereign wealth funds, insurance companies, family offices and high net worth individuals.
Onex has $48.7 billion in assets under management (“AUM”), of which $32.9 billion is fee-generating and$8.5 billion is Onex’ own investing capital. We generate value for our shareholders through two segments: Investing and Asset Management. Our Investing segment includes gains on our invested capital. Our Asset Management segment generates revenues from the recurring fees clients pay us to manage their capital and includes carried interest from our private equity and private credit funds.
THE OPPORTUNITY
Based in Toronto and reporting to the Vice President /Manager, Finance, you will focus primarily on Loan and Bond operational workflows across various products including CLOs, pooled funds, separate accounts and closed-end funds. Critical responsibilities include loan and bond trading entry, loan data management, corporate actions, portfolio risk reporting, asset valuation, and equity and fixed income trade operations. The candidate would be a member of a broader team of trade operations professionals and will be required to maintain strong relationships with compliance, legal, trading and portfolio managers.
WHAT YOU WILL DO:
- Post execution Loan/Bond/ABS Trade Review in Black Mountain (Trading platform).
- Assist the desk with trade adjustments and live trade tickets
- Creating new assets across the OMS system and pushing downstream systems
- Coordinating with custodians, prime brokers and other third parties
- Trade related exception resolution
- Ensuring all static and dynamic data related to the assets is up to date in all systems
- Daily hedge fund cash analysis
- TRS provider interaction around settlement/collateral
- Managing corporate action related communications between desk/PM and counterparties
- Complete restructures in Wall Street Office
- Participate in and assist the broader team in monthly valuations and daily asset price verification
- Proactively engage with traders, portfolio managers, fund accounting, and compliance
- Ability to solve complex settlement issues and push trades to settlement
- Partner with technology to fix OMS issues including requests to improve business
- Ability to manage Ad-Hoc requests and solve new issues as they arise
WHAT YOU BRING:
- 3-5 years related work experience
- Strong history of asset management experience, primarily in corporate Loans and fixed income (Credit TRS experience is a plus)
- Experience working with Black Mountain, Wall Street Office Web, Geneva, Broadridge, Bloomberg Terminal, and OMGEO CTM
- Proficiency in Microsoft Excel
- Excellent written, communication and presentation skills and a friendly, service-oriented attitude.
- Ability to self-start, multi-task and positively deal with a shifting demand for time
- Presence and self-confidence to interface with the key constituents of the firm including clients, senior executives, and other stakeholders
- Proven history of being a key member in small teams to execute on daily operations
#LI-DNI
Our team & Commitment:
Onex is led by our CEO, Bobby Le Blanc, as well as experienced leaders at each of our businesses. We have over 170 investment professionals across all platforms, supported by approximately 265 professionals dedicated to our corporate functions and investment platforms, including our institutional and high net worth relationship professionals. Consistent with our One Onex approach, the teams share and leverage sector expertise, and sourcing and origination opportunities across all business lines.
Our culture is guided by our strong commitment to accountability, intellectual honesty and respect for all our partners and stakeholders. Onex was formed on principles of entrepreneurialism and responsible investing and our team is united in recognizing the value of collaboration, diversity of perspective and background, and an inclusive environment. Our team is a critical factor in our success, and attracting and retaining the best people and strongest investors are an important competitive advantage.
Also crucial to our long-term success is the alignment of interests between the Onex management team, shareholders and clients. Members of our management team have a significant long-term ownership in Onex shares and invest meaningfully in our funds. We believe this alignment creates stronger relationships with both clients and shareholders.
Diversity Equity & Inclusion:
Onex recognizes that a diverse team and inclusive environment are vital in contributing to our continued success as an investor and asset manager. We believe that diverse perspectives create better outcomes for us and our stakeholders, including the companies we invest in, our shareholders, investors and clients, as well as the communities we serve.
Onex’ commitment to diversity and inclusion includes increasing our focus on attracting and retaining employees from diverse backgrounds, creating additional awareness of diversity issues and benefits, fostering and inspiring a more supportive environment where inclusivity is expected and prioritized, and embedding accountability for diversity throughout the firm.
Onex’ Diversity & Inclusion Leadership Council, which is co-chaired by our President and our Head of Shareholder Relations and Communications, includes representation from across all business platforms and geographies. The Council is responsible for championing diversity and inclusion across the firm, including supporting the development and success of Onex’ employee resource groups.
Environmental, Social & Governance:
As a public company, we are committed to delivering value for all of our stakeholders – our shareholders, investors, employees, operating companies and the communities in which we operate. Responsible governance throughout Onex and across our platforms is fundamental to the success of our organization. We hold ourselves to the highest standards of good governance, which builds trust and confidence in our stewardship of capital.
Consistent with our long-held belief that responsible investing is both the right approach to investing, as well as a driver of meaningful stakeholder value, we continue to make enhancements to our environmental, social and governance (“ESG”) program. Recent initiatives include the addition of resources to our ESG team and progress on our efforts to measure carbon emissions across Onex and our investment platforms. To remain aligned with emerging best practices, we participate in several industry initiatives, including the ESG Data Convergence Initiative, Initiative Climat International (“iCI”), the Principles for Responsible Investment (“PRI”), the IFRS Sustainability Alliance and FCLT Global, among others. We expect our program to continue to expand in line with this rapidly evolving area, while remaining rooted in our founding principle of responsible investing.
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Onex Toronto, Ontario, CAN Office
161 Bay Street, Toronto, Ontario , Canada, M5J 2S1