Marsh & McLennan Trade Operations Analyst - Contract in Toronto, Ontario
Mercer Global Investments (Discretionary Services) is a global multi-manager business that specializes in developing and managing multi-manager product solutions for clients across a range of asset classes and risk profiles. MGI currently has an opening available in their Toronto office for a Trade Operations Analyst.
The Trade Operations Analyst will manage all aspects of client cash flow management as well as product/client trade order management. This includes monitoring the workflow of trades from initiation, allocation, approval, execution and settlement. The successful candidate will work closely with the investment team, client implementation team and client custodians.
The Analyst will have direct oversight and full operational responsibility for client accounts that require daily oversight. This includes reconciliation of a specific client set (Dynamic De-Risking Clients) including cash flows, liability inputs and bond indexing. The Analyst will assist with daily trading and process.
Reporting to the Centralized Implementation Manager for Canada, responsibilities will focus on the daily trading functions. The role will include but is not limited to:
Daily oversight of order management/trade execution and all aspects of daily trading including trade
Communication and reconciliation
Daily monitoring, analysis and recording of client custodian cash positions to ensure that they are:
captured for trading
liability calculations and
Maintenance of client information
Direct responsibility for providing the operational oversight to accounts including Dynamic De-Risking Clients’ accounts
Reviewing daily third party system data loads
Analyze reconciliations of client custodian holdings to third party vendor systems
Undergraduate degree in relevant finance, economics or related discipline
1+ year experience in Mutual Fund/Portfolio Manager business with focus on institutional client account support
Proficient in Microsoft Office applications
Strong organizational skills
Ability to manage multiple priorities
Excellent interpersonal skills with a strong attention to detail
Strong verbal and written communication skills a must
Cash flow management experience
Charles River Investment Solutions experience
Trade management experience (securities and funds)
Intermediate to advanced Microsoft Excel skills
What makes you just right for this job?
You enjoy working with small dedicated teams
You have a great sense of urgency regarding meeting and anticipating client needs
You manage your time effectively and independently
You take ownership of your work and escalate issues quickly when applicable
You are adaptable to changing client needs
You are patient during times of transition
You embrace change
You are flexible regarding working hours in order to meet service levels when required
You are dedicated to a high level of accuracy
In accordance with the Accessibility for Ontarians with Disabilities Act, 2005, Mercer will provide a reasonable accommodation to employees and prospective employees to the point of undue hardship upon request and as required in respect of the individual’s particular restrictions and limitations. If you require a specific accommodation because of a disability or a medical need, feel free to contact Stéphanie Joseph at +1 416-349-4855 or via email: email@example.com.
Marsh & McLennan Companies offers competitive salaries and comprehensive benefits and programs including: health and welfare, tuition assistance, pension, employee assistance program, domestic partnership benefits, career mobility, employee network groups, volunteer opportunities, and other programs. For more information about our company, please visit us at: www.mmc.com. We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. For more information, please visit us at: www.mmc.com/diversity.