Custody Specialist

About AGF:

Founded in 1957, AGF Management Limited (AGF) is an independent and globally diverse asset management firm. Our companies deliver excellence in investing in the public and private markets through three distinct business lines: AGF Investments, AGF Capital Partners and AGF Private Wealth. AGF brings a disciplined approach, focused on incorporating sound, responsible and sustainable corporate practices. The firm’s collective investment expertise, driven by its fundamental, quantitative and private investing capabilities, extends globally to a wide range of clients, from financial advisors and their clients to high-net worth and institutional investors including pension plans, corporate plans, sovereign wealth funds, endowments and foundations.

About the Team :

Investment Operations serves as a control point between the Front Office (Investment Management and Trading Teams) and the Back-Office Counterparties (Brokers, Issuers). The work is varied and structured in a few hour blocks of tasks and broad exposure across the Operations, Investment and Trading departments. 

Your Responsibilities:

• Complete daily trade settlements and reconciliations.

• Maintain settlement instruction records for all AGF Investment Funds, Segregated Portfolios and Institutional Clients through SS&C and DTCC Alert.

• Liaise both internally and externally with relevant business partners, to facilitate investigation and resolution of settlement issues.

• Investigate / resolve daily failed trade reports.

• Gather / input / confirm daily trades in order management system.

• Monitor / maintain corporate action records and ensure responses are submitted.

• Prepare overnight money and communicate to Fund Accounting, client and custodian.

• Reconcile and execute foreign exchange for segregated funds and AGF funds and send to custodian for execution.

• Prepare Documentation for Relief at Source/Reclaims and Market Opening.

• Prepare reports to internal and external teams including but not limited to Proxy Reporting to Clients, Trade Summary Reports to Portfolio Managers/Traders and Compliance teams as well as external partners.

• Support ad-hoc requests within Investment Operations with any transition of new applications/processes.

• Build and maintain positive working relationships by effectively communicating and regularly sharing information and knowledge with team, and business partners in addition to internal and external technology partners.

• Provide support and back up as required across the team.

• Other duties as assigned: may require evening, weekend and / or holiday coverage.

Your Qualifications:

• A minimum of 1 to 3 years’ experience in the investments industry.

• Trade settlement experience, an asset.

• Knowledge of products and processes used in the institutional investment industry.

• Strong interpersonal and customer service skills.

• Excellent organizational skills, with a strong attention to detail and accuracy.

• Strong oral and written communication skills.

• Proven analysis, problem-solving and conflict resolution skills.

• Ability to multi-task in a fast-paced environment, while meeting time sensitive deadlines.

• Confidently works independently and in a small team environment.

• Strong knowledge of MS Office Suites; ability to quickly learn new software systems.

Assets:

• Experience with the following vendors / systems would be a strong asset: FXALL, SS&C, DTCC Portal and Bloomberg AIM.

• Completed or enrolled in the Canadian Securities Course.

• Working knowledge of derivative instruments like Swaps, Options, Futures will also be an added asset.

Compensation:

The anticipated compensation range for this role is $60,000 - $77,000 annually, which represents base salary and, where applicable, variable compensation components (e.g., annual bonus, commissions, etc.). Actual compensation will be determined based on many factors such as role location, candidate experience / qualifications, market conditions, and internal equity.

AGF aims to offer a comprehensive and competitive total rewards package designed to support the success and well-being of our employees, which may include a combination of base salary, variable compensation, benefits, and retirement savings plans.

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No unsolicited agency referrals please.  
 

AGF is an equal opportunity employer committed to fostering an inclusive and accessible workplace. We welcome and encourage applications from individuals of all backgrounds, including women, Indigenous peoples, racialized persons, persons with disabilities, and members of the 2SLGBTQIA+ community.

We do not discriminate on the basis of race, national or ethnic origin, colour, religion, age, sex, sexual orientation, gender identity or expression, marital status, family status, disability, or any other status protected by applicable legislation.

We are committed to providing reasonable accommodations for applicants with disabilities throughout the recruitment process. If you require accommodation at any stage of the application or hiring process, please contact us at [email protected] so that appropriate arrangements can be made.