2+ years of relevant experience in back office or trading support
Strong interest in financial markets and equities
Organized with strong attention to detail
Excellent communication and interpersonal skills
Proficiency in Bloomberg and Microsoft Office; coding skills in Python, SQL, or VBA are a plus
Responsibilities
Perform investment and trade-related reporting
Execute administrative tasks as directed by traders or portfolio managers
Support equity trade reconciliation and cash management
Build relationships with back office and custodians to resolve discrepancies
Assist in booking trades for the equity trading desk
Learn to execute trades independently when required
Act as a back-up trader for primary trading responsibilities
Enhance existing spreadsheets and processes used by the trading desk
Benefits
Competitive base salary and performance-weighted bonus
Comprehensive health and dental coverage
Voluntary Group RRSP with employer matching
Paid volunteer days and wellness days off
Hybrid and flexible work arrangements
Inclusive culture with community engagement opportunities
Full Job Description
Job Description
Location: Toronto
Referral Level: Level 1
The Investment Management department at Mackenzie Investments is currently accepting applications for the full-time position Junior Equity Trader. The role will be based in Toronto where you will report to the Managing Director, Head of Equity Trading.
This is an exciting opportunity for an individual to work within a growing international asset management firm. This role will initially be a trading analytics role with a view for the individual learning to back-up and execute trades for the Equity Trading Desk from day one. The ideal candidate will possess a high level of market knowledge, and the ability to interact with, and succinctly communicate information to the investment team.
Primary Responsibilities:
Perform investment and trade related reporting, including commission, trade cost analysis, and other reporting as required
Perform administrative tasks, as directed by the traders or portfolio managers
Support the middle office team with equity trade reconciliation and cash management
Develop strong working relationships with back office and custodians to quickly resolve trading discrepancies
Assist with the booking of trades for the equity trading desk
Learn to work with the equity traders, and be able to independently execute trades when required
Act as a back-up trader, and be able to perform primary trading responsibilities, as required
Develop strong relationships with sell side trading firms
Improve existing spreadsheets, processes and tools used by the trading desk
Requirements:
Bachelor's degree in related field, and 2+ years relevant experience either in back office, trading support role or other investment related role
Focused and driven, with a desire to learn new skills
Strong interest in financial markets, and understanding of equities and asset management
Must be organized and have strong attention to detail
Demonstrate strong communication and interpersonal skills
Proficiency in Bloomberg and Microsoft Office. Coding in Python, SQL, VBA is an asset.
The expected annual base salary range for this role is $90,000 - $140,000, which is determined based on skills, knowledge and experience. In addition to base salary, this role is eligible for annual short-term incentive, health and well-being benefits, retirement and savings plan, paid time off and career development.
Benefits:
COMPETITIVE COMPENSATION & RECOGNITION: competitive base salary, performance-weighted bonus, education/career support, option to join Employee Share Purchase Plan with employer matching component.
EMPLOYEE BENEFITS & INSURANCE: competitive health and dental coverage, flexible plan for you and your family and short-term & long-term disability plans.
RETIREMENT SAVINGS PROGRAMS: voluntary Group RRSP enrolment with employer matching component.
WORK LIFE BALANCE: paid volunteer days, competitive time off including 10 wellness days off, WorkPerks discount program, hybrid & flex work arrangements.
INCLUSIVE CULTURE AND DIVERSITY: living our core values: Be a Team, Be Accountable, Be Better, engaging with community through Business Resource Groups (BRG communities are volunteer employee-led groups formed around a common interest, identity, or background).
How to Apply: Interested candidates are invited to submit their resume and a cover letter detailing their qualifications and experience to https://www.mackenzieinvestments.com/en/careers.
Artificial Intelligence in Recruitment: As part of our Talent Acquisition process, we may use artificial intelligence and automated tools to support activities such as candidate sourcing, application review, and interview scheduling. These tools support the recruitment process; all hiring decisions are made by people.
We thank all applicants for their interest in Mackenzie Investments; however, only those candidates selected for an interview will be contacted.
