Associate, Public Markets Middle Office - Settlements

Company Description

Make an impact at a global and dynamic investment organization

When you invest your career in CPP Investments, you join one of the most respected and fastest growing institutional investors in the world. With current assets under management valued in excess of $500 billion, CPP Investments is a professional investment management organization that globally invests the funds of the Canada Pension Plan (CPP) to help ensure long-term sustainability. The CPP Fund is projected to reach $3 trillion by 2050. CPP Investments invests in all major asset classes, including public equity, private equity, real estate, infrastructure and fixed-income instruments, and is headquartered in Toronto with offices in Hong Kong, London, Luxembourg, Mumbai, New York City, San Francisco, São Paulo and Sydney. 

CPP Investments attracts and selects high-calibre individuals from top-tier institutions around the globe. Join our team and look forward to:

• Diverse and inspiring colleagues and approachable leaders
• Stimulating work in a fast-paced, intellectually challenging environment
• Accelerated exposure and responsibility
• Global career development opportunities
• Being motivated every day by CPP Investments’ important social purpose and unshakable principles
• A flexible/hybrid work environment combining in office collaboration and remote working
• A deeply rooted culture of Integrity, Partnership and High Performance

If you share a passion for performance, value a collegial and collaborative culture, and approach everything with the highest integrity, here’s an opportunity for you to invest your career at CPP Investments.

Job Description

We are presently recruiting for an Associate, Public Markets Middle Office (PMMO), within Technology and Operations. The 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.

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. Experience with domestic and international Repo and Fixed Income lifecycle management is requisite as well as experience taking lead and driving vendor engagements and team specific projects/initiatives.

Role-Specific Accountabilities

Daily

• Responsible for supporting and performing day-to-day settlement processes and escalations from both internal and external parties for Domestic and International Repo/Fixed Income desk.
• 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 functions (ie. Equity, FX, Derivatives, Cash Payments) as necessary.
• Assist various internal business partners with operational issues related to trade settlement and custodial procedures.
• Assist in projects to streamline operational tasks to improve efficiency and mitigate risk. 

Other:

• Responsible for taking lead and driving vendor engagements and team specific projects/initiatives as called upon.
• 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

If you possess the following, we’d like to hear from you:

• 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.
• 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-PM1 #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.