Trade Operations Specialist - Associate

Location

Chicago - 110 North Wacker Drive, Suite 2700

Business - Public Securities

Brookfield’s Public Securities Group serves institutions and individuals seeking the investment advantages of real assets through actively managed listed equity and debt strategies. The Public Securities Group leverages Brookfield’s core real asset expertise across real estate, infrastructure, real asset debt, real asset solutions and opportunistic strategies through a variety of flexible and scalable investment mandates, including separate accounts, registered funds and private funds. Clients include financial institutions, public and private pension plans, insurance companies, endowments and foundations, sovereign wealth funds and high net worth investors. The Public Securities Group has been investing in public securities for over 30 years and has over $28 billion of assets under management. For more information, visit https://publicsecurities.brookfield.com.

Brookfield Culture

Brookfield has a unique and dynamic culture.  We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader:  Entrepreneurial, Collaborative and Disciplined.  Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.

Job Description

Key Responsibilities

The ideal candidate will possess an extensive understanding of buy side trading operations with concentration in trade support, trade processing/settlement, corporate actions, security master for our various security types (Equity, Fixed Income and Derivative products). As a member of the PSG Operations Team, the Trade Support Specialist will interact with our trading desks, investment teams, reconciliation team, compliance team and technology team to support Brookfield PSG’s business model. The Trade Support Specialist will utilize technology platforms: Eze (OMS system), Geneva (accounting system), IVP (security master system) and all Omgeo products (CTM, ALERT, SWIFT messaging). The ideal candidate must possess excellent problem-solving skills, attention to detail, the ability to be a self-starter and resourcefulness.

• Support multiple trading desks with timely processing of trades and cash positions

• Engage with traders, brokers, and custodians to ensure timely settlement of trades

• Work unmatched and failing to minimize settlement risk

• Process daily cash flow activity for SMA and Mutual Fund portfolios

• Ensure daily trade data is communicated to custodians and various counterparties

• Process and settle REPO and Bank Loan transactions

• Manage collateral (cash and securities) at various counterparties

• Match daily trades via CTM and ensure successful transmission of SWIFT to custodians

• Ensure FX transactions are executed and booked in accounting system

• Monitor for actionable corporate action elections and communicate election choices to various investment teams

• Ensure corporate action elections are reconciled, fully elected and processed in accounting system

• Monitor and track mandatory corporate actions and process accordingly

• Manage corporate action related restrictions for various securities

• Create new securities and maintain security master data for all security types: equities, various fixed income and derivative securities

• Review various intraday and end of day reports and action accordingly

• Continually assess Trade Support processes for improvement opportunities

• Prioritize and manage process improvement initiatives

• Manage relationships with the investment teams, traders, brokers, and the Technology Services group

• Manage ad-hoc items related to trade support, corporate actions and security master

Candidate Profile

• Bachelor’s degree or equivalent experience

• Minimum 5 years of experience supporting trading desks at an investment management company or hedge fund

• Complete understanding of the trade settlement process in global markets for equities, fixed income and derivatives

• Prior experience with portfolio accounting and OMS software

• Prior experience with OMGEO product suite, including CTM and ALERT

• Knowledge of SWIFT messaging

• Knowledge of various corporate action types and resultant positions

• Experience working on project teams as a subject matter expert related to process improvement

• Ability to think strategically and clearly communicate ideas to various levels of management

Salary Range: $90,000 - $110,000

Our compensation structure is comprised of a base salary and a short-term incentive program (cash bonus). Cash compensation tends to vary based on geography to account for local market conditions and is set to be market competitive. Compensation decisions are based on a number of factors including relative experience, overall years of experience, industry experience, education, and designations

Brookfield is committed to maintaining a Positive Work Environment that is safe and respectful; our shared success depends on it.  Accordingly, we do not tolerate workplace discrimination, violence or harassment.

We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted.