About the position
The Trade Support Specialist will be a key member of the PSG Operations Team, responsible for supporting multiple trading desks with timely processing of trades and cash positions. The role requires extensive understanding of buy side trading operations, focusing on trade support, trade processing/settlement, corporate actions, and security master for various security types including Equity, Fixed Income, and Derivative products. The specialist will interact with trading desks, investment teams, reconciliation team, compliance team, and technology team to support Brookfield PSG's business model. The position involves utilizing technology platforms such as Eze (OMS system), Geneva (accounting system), IVP (security master system), and Omgeo products (CTM, ALERT, SWIFT messaging).
Responsibilities
- 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
Requirements
- 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
Benefits
- Base salary and a short-term incentive program (cash bonus)
- Market competitive compensation based on geography and local market conditions
