Portfolio Administrator



DETAILS

Location: Toronto, ON, M5C2V9
Employee Type: Contract
Experience: 2 - 5 years
Education: Bachelor degree
Travel Required: none

DESCRIPTION

Dynamic Funds is a fully integrated wealth management firm. It offers a comprehensive range of products and services, spanning every major sector, geographic region and investment discipline. Dynamic's products include open and closed-end investment funds, fee-based, tax-advantaged and customized high-net-worth programs.  As one of Canada's leading, integrated wealth management companies, our commitment to fostering partnerships between investors and financial advisors has been unwavering.
 
A Wealth of Opportunity awaits you at Dynamic Funds
 
You will have the opportunity to…
 
  • Partner with various Investment Operation teams in support of the GCIC Investment Management team.
  • Be involved in operational processes, investigations, complete process analysis, management reporting and participate in various business initiatives.

 

Key Responsibilities:

 

  • Be part of the department responsible for operational functions for different security types (e.g., equities/fixed income/derivatives/currencies) both domestically and internationally;
  • Cover the derivatives activities of account opening with counterparties, trade validation, settlement, collateral calculations and movements, mark to market, gain loss calculations, posting and reconciliation;
  • Strong understanding of trade matching, confirmation, trade instruction, delivery, settlement, and collateral management;
  • Develop a strong knowledge of systems, various interfaces and portfolio management data;
  • Monitor trading issues and ensure controls are in place to mitigate exposure to risk, liability and losses;
  • Liaise with traders, portfolio managers, custodians, brokers and internal departments to ensure timely and accurate execution of responsibilities;
  • Adhere to department policies, procedures and guidelines and ensure deadlines are met and escalations made when appropriate;
  • Participate in the reviewing of processes to improve efficiencies, reduce cost, and mitigate risks (financial and reputational);
  • Participate in the testing and implementation of operational enhancements and special projects;
  • Compile and complete various reporting to management where required; and
  • Perform ad hoc duties as assigned.

 

Skills and Experience:

 

  • University degree – BA, Comm;
  • CSC certification;
  • Derivatives Fundamental Course is a strong asset (CSI);
  • Proficient in MS Office (i.e. especially Excel & Access);
  • Knowledge of Charles River, MPower SSCNet, GTSS, Bloomberg and Omgeo products is an asset;
  • 3-5 years relevant Securities Industry experience;
  • Solid analytical and problem resolution skills;
  • Strong aptitude for systems and working with data;
  • Highly self-motivated and strong interpersonal skills;
  • Ability to handle high volume, time sensitive activities in demanding environment;
  • Self starter (initiative, ability to work productively without supervision);
  • Good written and verbal communication skills.

 

Dynamic Funds is managed by GCIC Ltd., an affiliate of Scotiabank.
Addressing your financial needs as well as your overall health and well-being are top priorities at the Scotiabank Group.

We are committed to offering a competitive Total Rewards package.



REQUIREMENTS



THIS JOB IS EXPIRED

COMPANY

Dynamic Funds
1 Adelaide Street East, 28th Floor

Toronto, ON M5C 2V9
CANADA