This role will support two teams in Investment Management, Derivatives and Collateral Management, and Public Equities.
Derivatives and Collateral Management
The Derivatives and Collateral Management team has cross-asset class responsibilities, including managing the fund’s balance sheet, liquidity, and securities lending transactions. The team acts as an internal Prime Broker while running several value-add strategies that span across multiple asset classes.
The Public Equities team has two major roles: providing independent, robust research on Public Equity markets and taking portfolio risks to generate returns for the fund. The portfolio strategies are evolving to reflect both the rapidly changing nature of capital markets and the risk and return needs of the fund.
The successful candidate will act as a backup to the Equity Trading group supporting cash equity trading for the Public Equities team while helping to manage the balance sheet, liquidity, and securities lending transactions for the Derivatives & Collateral Management team. Both teams will be involved in evaluating (daily) performance.
What you will do:
Execute (daily) cash equity and program trades
Communicate and resolve issues with counterparties, and partner regularly with the Treasury team.
Research cash equity execution approaches and maintains an execution playbook that will evolve in response to market developments
Help manage HOOPP’s relationships with our investment dealer partners
Help manage HOOPP’s participation in equity issues
Help manage compliance and help improve our existing compliance systems.
Supports all aspects of equity and fixed income funding
Assists with securities lending transactions such as covering recalls, shorts, and corporate actions across the portfolio
Work closely with the operations groups to ensure efficient settlement
Trade idea generation in leveraging efficient utilization of the portfolio
Partner with the technology team to automate workflows within securities lending, collateral management, and public equities
What you bring:
Completion of a University degree in commerce or finance, or if your degree is in a different field an explanation of how your academic background is relevant to this job
Team player with a positive can-do attitude who is positive and energetic
Well-developed qualitative and quantitative analytical skills
Must be self-motivated and able to learn quickly and work independently within the team
Attention to detail, accuracy, and completeness is very important along with the ability to handle multiple tasks efficiently and meet tight deadlines
Clear, precise communication
Passion for technology, innovation, and an entrepreneurial spirit in building solutions in collaboration with Information Technology groups.
Minimum 3 to 5 years experience in institutional high touch and low touch equity execution.
Completion of the CFA designation
Relevant analytical employment experience
Relevant coding skills
Demonstrated qualitative and quantitative analytical skills, including financial modeling
Superior organizational skills with an ability to filter information.
A steady, calm, and enthusiastic personality