Manager, Trade Operations

Location

Brookfield Place - 181 Bay Street

Business - Credit

Brookfield Credit manages approximately $305 billion of assets globally, focused on a broad range of private credit investment strategies, including infrastructure and renewable credit, real estate, asset backed, and corporate credit. Return profiles span investment grade, sub-investment grade, and opportunistic. The business combines Brookfield’s substantial credit history with strategic partners, including Oaktree Capital Management, Castlelake, LCM Partners, 17Capital, and Primary Wave Music. As one of the world’s largest and most experienced credit managers globally, we deliver flexible, specialized capital solutions to borrowers, and attractive risk-adjusted returns to our investors

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

Position Summary:

The Manager, Trade Operations provides value-added support for Brookfield’s Credit investment teams. The strategies are diverse and general security knowledge of fixed income securities with understanding of current settlement best practices is utilized. The Manager, Trade Operations is responsible for oversight of trade activities including trade confirmation, overseeing trade settlement and reconciliation of trade related activity in client accounts. This role serves as a primary liaison to the Director of Operations, brokers, and custodians/internal teams. 

Roles & Responsibilities:

• Utilizes advanced understanding of financial markets and investment vehicles, deep understanding of portfolio structures and exposure to foreign markets requiring complex settlement structures.

• Oversee payment processing and ensure accuracy/timeliness of treasury transactions

• Manage bank portals, SWIFT connectivity, and payment systems as well as custodian relationships.

• Oversee account management, including opening/closing accounts

• Responsible for team oversight and identifying/implementing areas for process enhancement and streamlining.

• Facilitate the development and enhancement of a SOC 1 framework for Trade Operations to support external client relationships.

• Monitors and processes trades from execution to settlement across multiple software applications.

• Facilitates end to end trade processes from execution to settlement, resolving trading exceptions as they appear.

• Manages wire settlement process as related to trading activity.

• Stays abreast of regulatory and industry changes that may/will impact Trade Settlements.

• Primary point of contact with Portfolio Manager, Traders and Third-Party Asset Managers to provide excellent customer service to the varying Investment Teams.

• Facilitates derivative and collateral settlements, including life cycle maintenance of derivative asset types.

• As/where necessary, is prepared to support both managerial and staff responsibilities to ensure Trade Operations team is successful in performing their daily responsibilities and functions.

• Reviews existing KPIs, SLAs and management dashboard guidance aimed at ensuring the critical functions are complete and accurate.

• Performs other related work as assigned.

Requirements:

• Bachelor’s degree in Finance, Economics, or related discipline preferred.

• Seven (7) to ten (10) years of experience working for an asset management firm or hedge fund in middle and back office operations.

• Familiarity with/knowledge of Bloomberg, Bloomberg AIM, PAM for Investments, PAM for Securities, SOX/SOC 1 control framework, Aladdin, Data Visualization Tools (e.g., Tableau, Power BI), Reconciliation Software (e.g., Electra STARS, DUCO), SWIFT messaging, Corporate Actions, Collateral Management, Fixed Income, Derivatives and Data Governance preferred.

Skills:

• Strong customer-service orientation with excellent organizational and planning skills.

• Effective verbal and written communication skills.

• Works cooperatively with employees, clients, and third parties.

• Proficient in the use of Microsoft Office Suite.

• Writes clear reports, business correspondence, and procedure manuals.

• Presents information clearly and responds to questions effectively.

• Reads, analyzes, and interprets business periodicals, professional journals, and technical/operational procedures.

• Defines problems, gathers and evaluates data, establishes facts, and draws sound conclusions.

• Solves practical problems and navigates ambiguity where limited standardization exists.

• Performs under pressure and consistently meets deadlines in a fast-paced environment.

Salary Range: $120,000 - $135,000 CAD

Position Opening Reason:

Backfill

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.

Brookfield is committed to creating an accessible and inclusive organization. We are committed to providing barrier-free and accessible employment practices in compliance with the Accessibility for Ontarians with Disabilities Act. Should you require a Human Rights Code-protected accommodation through any stage of the recruitment process, please make them known when contacted and we will work with you to meet your needs.