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

  • cash requirements

  • 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

  • Special projects


Required Qualifications:

  • 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

    Strong Assets

  • 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:

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: 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: