Director, Derivative Operations Initiatives Slc Management

Canada, Canada

Job Description


SLC Management is a growing global asset management firm providing innovative and diversified investment solutions to institutional investors. We are breaking new ground with a full spectrum of solutions for a growing institutional client base of more than 1300 organizations. Our history of organic and strategic growth reflects this commitment with over CA$335/US$260 billion in assets under management (AUM). As a subsidiary of Sun Life, we are aligned with one of the world\xe2\x80\x99s leading financial services companies, and benefit from the stability and strength of that relationship.

We are a performance-driven organization with a deliberate focus on fostering a development-focused, inclusive culture revolving around our Core Values of being client obsessed, valuing each other, acting with speed and having an owner\xe2\x80\x99s mindset. As part of our team, you play a role in fulfilling our purpose and making a difference. We offer a rewarding work environment that is filled with opportunity for growth where you will be empowered to meet the challenges of a highly competitive landscape.

Hybrid Work Model

SLC Management operates in a hybrid environment with a mix of in-office and virtual work where our employees are empowered to do their best. Generally, employees are expected to work three days in-office each week with flexibility depending on their business, client and team needs.

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WHAT IS IN IT FOR YOU

Derivative Operations is a department within the Investment Services and Operations area at SLC Management that is responsible for the administration of all aspects of the derivative trade lifecycle post-execution for a wide range of derivative products. The Director, Derivative Operations Initiatives would be required to have a solid understanding of financial instruments, have considerable familiarity with derivatives terminology and possess strong analytical ability. This role will require that the candidate possess the ability to operate within a deadline driven environment and deliver exceptional client service. Strong interpersonal skills are required due to frequent interaction with all levels of Portfolio and Asset Management, IT and systems development, and various external vendors.

WHAT WILL YOU DO

Collaborate with the Derivative Operations, Accounting and Valuations teams to fully understand the processes and needs of the business

Responsible for providing assistance with oversight and testing of system upgrades to ensure no functionality is compromised

Seek opportunities to employ technology & automation across the team\xe2\x80\x99s processes/workflows to streamline operations and enhance controls

Provide operational assistance for strategic projects and initiatives, including but not limited to acquisitions, regulatory changes, new invest products and or system conversions/implementations

Assist in the onboarding and conversion of new clients/accounts as it relates to derivatives trading; liaison between internal/external counterparties and Operations for system set up and configuration

Lead the implementation of new business processes as it relates to collecting information, creating documentation and rollout to the team

Partner with Information Technology in the relationship management of key vendors as it relates to new product offerings/industry trends, issue resolution and meeting SLAs

Oversight of trade order management system to accounting system reconciliation of derivative positions/SMF, ensuring the two system are in sync

Oversight of reconciliations of derivative positions, ensuring the fund/client administrator is reporting complete matching derivative positions

WHAT YOU WILL NEED TO SUCCEED

Proven ability to multitask in a fast-paced changing environment a must

Communication Skills \xe2\x80\x93 contributes effectively to business discussions, presents technical information effectively to technical and non-technical audiences, and produces full and clear business reports

Business acumen and decision-making - Makes sound decisions and takes effective and timely action that fully reflects the business purpose implications and context of the work produced and/or managed. Makes and promotes sound decisions concerning matters with significant strategic or financial implications

Leadership Skills and Critical Thinking \xe2\x80\x93 Ability to assist with leading a team to meet the demands of a diverse constituent base and partners with other areas to resolve issues in an efficient and effective manner

Technical Skills - experience with pivot tables and VLOOKUP, Bloomberg, Black Rock Aladdin, Finastra Summit or similar systems/applications a plus

PREFERRED SKILLS

Bachelor of Science in Accounting/Finance/Mathematics

10 or more years of relevant experience in the Derivatives operations area of insurance or financial service industries

Enrollment or completion of CPA/CFA/FRM/MBA program preferred

Strong knowledge of BlackRock Aladdin, Finastra Summit or equivalent derivative\xe2\x80\x99s systems a plus

Ability to work independently and escalate matters when appropriate

Why SLC Management?

  • Opportunity to work for a growing global institutional asset manager
  • Excellent benefits and wellness programs to support the three pillars of your well-being \xe2\x80\x93 mental, physical and financial \xe2\x80\x93 including generous vacation and sick time, market-leading maternity, parental and adoption leave top up program, a partially-paid sabbatical program and much more
  • Pension, stock and savings programs with an employer-paid match to help build and enhance your future financial security
  • A flexible hybrid work environment with a friendly, caring, collaborative and inclusive culture focused on career growth development #WeWinAsATeam
  • The opportunity to move along a variety of career paths with amazing networking potential
  • Award winning workplace culture - Great Place to Work\xc2\xae Certified in Canada and the U.S., 2021 \xe2\x80\x9cBest Places to Work\xe2\x80\x9d by Glassdoor, Award for Excellence for Mental Health at Work - 2021, \xe2\x80\x9cBest Places to Work in Money Management\xe2\x80\x9d by Pension & Investments
SLC Management is a regulated business, and this means that there are certain financial reporting and trading preclearance requirements for all employees. Successful candidates will be required to declare personal investment accounts and securities investments as well as seek preclearance on future transactions including those of household members.

Job Category: Finance

Salary Range 105,000/105 000 - 165,900/165 900

The Base Pay range is for the primary location of the job. It may vary depending on the work location of the successful candidate or other factors. In addition to Base Pay, eligible employees participate in various incentive plans, payment under which is discretionary and subject to individual and company performance. Certain sales focused roles have sales incentive plans based on individual or group sales results.

We are committed to fostering a diverse, equitable and inclusive environment, where all employees feel valued, respected, and supported. We are dedicated to building a diverse workforce offering wide perspectives and creative ideas that benefit our clients, teams and the communities where we operate. We welcome applications from qualified individuals from all backgrounds.

Persons with disabilities who need accommodation in the application process or those needing job postings in an alternative format may e-mail a request to

We thank all applicants for showing an interest in this position. Only those selected for an interview will be contacted.

Sun Life Financial

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Job Detail

  • Job Id
    JD2200611
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    $105000 - 165900 per year
  • Employment Status
    Permanent
  • Job Location
    Canada, Canada
  • Education
    Not mentioned