Associate – Cash, Collateral, and Settlements Operations - 18-Month Contract

Company Description

Make an impact at a global and dynamic investment organization

When you join CPP Investments, you are joining one of the world’s most admired and respected institutional investors. With more than $600 billion in assets under management, CPP Investments is a professional investment management organization that globally invests the funds of the Canada Pension Plan (CPP) to help ensure it is financially sustainable for generations of working and retired Canadians.

CPP Investments invests across regions and asset classes to build a globally diversified portfolio. It holds assets in public equity, private equity, real estate, infrastructure, and fixed income, and the CPP Fund is projected to reach $3 trillion in assets by 2050. The organization is headquartered in Toronto with offices in Hong Kong, London, Mumbai, New York City, San Francisco, São Paulo, and Sydney.

CPP Investments successfully attracts, selects, and retains talented individuals from top-tier institutions worldwide. Join our team for access to:

• Stimulating work in a fast-paced and intellectually challenging environment
• Accelerated exposure and responsibility
• Global career development opportunities
• Diverse and inspiring colleagues and approachable leaders
• A hybrid-flexible work environment with an emphasis on in-person collaboration
• A culture rooted in principles of integrity, partnership, and high performance
• An organization with an important social purpose that positively impacts lives

If you have a passion for performance, value a collegial and collaborative culture, and approach work with the highest integrity, invest your career here. 

Job Description

As an Associate, Investment Operations you will support either the public or private Investment teams with transaction management, asset servicing, investment accounting, reporting and valuations. You will also oversee the day-to-day evaluation, accounting, and monitoring of relevant investment portfolios, covering all asset classes and security types.

Team Description

The Collateral Management team is part of the Public Markets Middle Office within Technology and Operations. The team oversees daily margining activities, including collateral exchange for Exchange-Traded Products, OTC Derivatives, Centrally Cleared Derivatives, Repos, Prime Brokerage, Securities Lending, and margin loans. This critical function ensures the mitigation of credit risk between parties and minimizes the effects of potential defaults.

Accountabilities

• Provide leadership and guidance in the day-to-day management of investment operations functions; validating critical applications such as IBOR, sub-ledgers and ABOR daily, completeness of supporting documentation, validation of transaction amounts and ensuring appropriate authorizations are in place to facilitate investment closings.
• Partner with colleagues from the Investment Departments, Finance, Legal, and Risk to assist in investment closings through documentation review, system setups, transaction entries and settlements. 
• Assist in processing complex investments with the ability to understand impact on accounting, reporting and performance.
• Assist in the review of financial statements, note disclosures and management reports to ensure accuracy and completeness, as well as provide valuable insights and commentary.
• Assist in the quarterly/ monthly valuation review; ensure valuation adjustments are accurately recorded and bring any errors/ inconsistencies to management’s attention. Provide insightful valuation analysis.
• Ensure Daily validation of position record keeping, and private holdings & deals is accurate and delivered timely to support ID's and trading.
• Maintain an ongoing effective working relationship with internal investment staff and external asset managers to ensure issues are discussed and resolved and financial controls and reporting requirements are met.
• Build a reputation as a subject matter expert in the asset class you support for issues related to investment operations and accounting.
• Continually strive for operational excellence; seek ways to streamline processes and create operational efficiencies.
•  Maintain an ongoing effective working relationship with internal investment staff and external asset managers to ensure issues are discussed and resolved, financial controls and reporting requirements are met.
• Help lead the team in striving for operational excellence, assisting in creating process documents for new processes and/or updates to existing processes.
  

Qualifications

• Undergraduate degree or college diploma in related field.
• 5+ years of relevant experience.
• Professional designations such as a CBV, CFA, CPA are considered an asset.
• Strong analytical, financial and management accounting skills will be necessary to perform this role.
• Advanced Excel skills and comfortable learning new systems.
• Experience with Bloomberg, Murex, FIS Apex, SimCorp, Cassini, Trioptima, Acadiasoft is considered an asset
• Experience with SQL, Python is considered an asset
• Strong communication and interpersonal skills
• Adapt to rapidly changing business and technology environments
• Self-motivated, flexible, adaptable

Additional Information

Visit our LinkedIn Career Page or Follow us on LinkedIn. #LI-AM1 #LI-Onsite 

At CPP Investments, we are committed to diversity and equitable access to employment opportunities based on ability.

We thank all applicants for their interest but will only contact candidates selected to advance in the hiring process.

Our Commitment to Inclusion and Diversity:

In addition to being dedicated to building a workforce that reflects diverse talent, we are committed to fostering an inclusive and accessible experience. If you require an accommodation for any part of the recruitment process (including alternate formats of materials, accessible meeting rooms, etc.), please let us know and we will work with you to meet your needs.

Disclaimer:

CPP Investments does not accept resumes from employment placement agencies, head-hunters or recruitment suppliers that are not in a formal contractual arrangement with us. Our recruitment supplier arrangements are restricted to specific hiring needs and do not include this or other web-site job postings. Any resume or other information received from a supplier not approved by CPP Investments to provide resumes to this posting or web-site will be considered unsolicited and will not be considered. CPP Investments will not pay any referral, placement or other fee for the supply of such unsolicited resumes or information.