ABOUT INNOCAP
Innocap is the world’s leading firm of managed account platform services. With over US$100 billion in assets under management, over 500 employees and offices in five countries, we are shaping the future of alternative investments for institutional owners and allocators. Our mission is to revolutionize the asset management industry and to provide customized expert services and an exceptional client experience.
We are seeking forward-thinking individuals to join us on our exciting journey. Innocap’s success is built on the diversity of our people and the strength of their ambitions. We empower our teams and foster a culture of inclusivity, collaboration, innovation, and growth. At Innocap, you'll have the opportunity to enhance your career, work on exciting projects, and make a real impact.
About the Role
The Platform Operations team, with members located in Canada, the US, Poland, and India, performs critical functions on Innocap’s dedicated managed account platforms (“DMAs”). The team's primary responsibilities include performing complex funds reconciliations, margins & OTC collateral management as well as OTC derivatives payments.
The Platform Operations Department is currently looking for a Specialist to join its team and support the platform growth. The candidate will have the unique opportunity to work closely with hedge fund asset managers, clearing and OTC counterparties, and administrators.
The Specialist in Platform Operations has the following main responsibilities:
- Perform all aspects of people management including coaching and development of team members, leading and motivating as well as performing goal setting, 1-1s, mid-year and year-end review.
- Provide management and oversight of operational production activity including collateral management and reconciliations.
- Develop, produce and report key statistics and KPI associated with the teams and the clients assigned.
- Support teams in solving problems relating to the operating model.
- Review and investigate position reconciliation and liaise with counterparties, asset managers and administrators to resolve any discrepancy.
- Instruct, review, and approve collateral movements and OTC settlements payments.
- Coordinate platform and funds launches & liquidations coverage assignments.
- Serve as escalation point for resolving more complex issues and handling ahdoc requests.
- Collaborate to project work to support internal and external needs.
- In collaboration with other season professionals, built and provide training.
- Ensure that SOP are updated by the team.
PRIMARY QUALIFICATIONS & SKILLS
- University degree in finance or related field.
- Desired seniority level: mid-senior-level (minimum 8-10 years of relevant experience in Operations, Middle-Office or related fields).
- Managerial experience – 8-10 direct reports
- Advanced understanding of the financial markets, instruments and key processes.
- Advanced knowledge of financial products, such as equity, fixed income, foreign exchange, listed derivatives, and OTC derivatives.(Fx, swaps,CDS)
- Extensive experience with reconciliation of positions and understanding of break resolution process.
- Experience in collateral management process & calculations.
- Experience in putting the operation framework in place for new funds
- Exceptional attention to detail and proven ability to problem solve by escalating issues to leadership with their possible solutions.
- Excellent verbal and written communication skills, with the ability to articulate information to internal and external stakeholders.
- Prior experience in large scale projects or automation.
EDUCATION REQUIREMENT
- Post Graduation or master’s degree in finance or equivalent qualification from reputed college.
- Capital market certification or any other charter certifications are an added advantage.
OUR OFFERINGS
- Hybrid work culture: Emphasizing a flexible working environment to promote a healthy work-life balance.
- A smart, talent & agile team: An international team where different nationalities are working together in several locations & time zones with learning, sharing & fun environment
- A great compensation package: Competitive salary package, excellent medical, accidental & life-term insurance, fitness discounts, and an employee assistance program.
- Continuous learning opportunities: Access to professional and personal development through the Udemy platform membership where you can keep learning & improving.
- Diversity and Inclusion: Committed to fostering a diverse and inclusive environment for all employees.
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What We Do
Innocap is the leading Dedicated Managed Account Platform globally.
With over US$96 billion in assets on the platform and over 500 employees in 7 offices across five countries, we transform the way institutional allocators access their alternative investments.
Our mission is to provide institutional allocators with a superior way to access their alternative investments through a Dedicated Managed Account Platform (DMAP).
We are seeking forward-thinking individuals to join us on our exciting journey. Innocap’s success is built on the diversity of our people and the strength of their ambitions. We empower our teams and foster a culture of inclusivity, collaboration, innovation, and growth.
At Innocap, you'll have the opportunity to enhance your career, work on exciting projects, and make a real impact.
