Associate/Senior Associate, Fund Operations (Trade Operations)

Associate/Senior Associate, Fund Operations (Trade Operations)

ABOUT ONEX:

Onex is an investor and asset manager that invests capital on behalf of Onex shareholders and clients across the globe. Formed in 1984, we have a long track record of creating value for our clients and shareholders. Onex became a public company in 1987 and is listed on the Toronto Stock Exchange under the symbol ONEX.

Onex’ two primary businesses are Private Equity and Credit. In Private Equity, we raise funds from third-party investors and invest them, along with Onex’ own investing capital, through the funds of our private equity platforms: Onex Partners and ONCAP. Similarly, in Credit, we raise and invest capital across several private credit, liquid credit and public equity strategies. Our investors include a broad range of global clients, including public and private pension plans, sovereign wealth funds, insurance companies, family offices and high net worth individuals.

Onex has $48.7 billion in assets under management (“AUM”), of which $32.9 billion is fee-generating and $8.5 billion is Onex’ own investing capital. We generate value for our shareholders through two segments: Investing and Asset Management. Our Investing segment includes gains on our invested capital. Our Asset Management segment generates revenues from the recurring fees clients pay us to manage their capital and includes carried interest from our private equity and private credit funds.

THE OPPORTUNITY

Based in Toronto and reporting to the Vice President /Manager, Finance, you will focus primarily on Loan and Bond operational workflows across various products including CLOs, pooled funds, separate accounts and closed-end funds. Critical responsibilities include loan and bond trading entry, loan data management, corporate actions, portfolio risk reporting, asset valuation, and equity and fixed income trade operations. The candidate would be a member of a broader team of trade operations professionals and will be required to maintain strong relationships with compliance, legal, trading and portfolio managers.

WHAT YOU WILL DO:

• Post execution Loan/Bond/ABS Trade Review in Black Mountain (Trading platform).
• Assist the desk with trade adjustments and live trade tickets.
• Creating new assets across the OMS system and pushing downstream systems.
• Coordinating with custodians, prime brokers and other third parties.
• Trade related exception resolution.
• Ensuring all static and dynamic data related to the assets is up to date in all systems.
• Daily hedge fund cash analysis.
• TRS provider interaction around settlement/collateral.
• Managing corporate action related communications between desk/PM and counterparties.
• Complete restructures in Wall Street Office.
• Participate in and assist the broader team in monthly valuations and daily asset price verification.
• Proactively engage with traders, portfolio managers, fund accounting, and compliance.
• Ability to solve complex settlement issues and push trades to settlement.
• Partner with technology to fix OMS issues including requests to improve business.
• Ability to manage Ad-Hoc requests and solve new issues as they arise.

WHAT YOU BRING:

• 3-5 years related work experience.
• Strong history of asset management experience, primarily in corporate Loans and fixed income (Credit TRS experience is a plus).
• Experience working with Black Mountain, Wall Street Office Web, Geneva, Broadridge, Bloomberg Terminal, and OMGEO CTM.
• Proficiency in Microsoft Excel.
• Excellent written, communication and presentation skills and a friendly, service-oriented attitude.
• Ability to self-start, multi-task and positively deal with a shifting demand for time.
• Presence and self-confidence to interface with the key constituents of the firm including clients, senior executives, and other stakeholders.
• Proven history of being a key member in small teams to execute on daily operations.

Diversity Equity & Inclusion:

Onex recognizes that a diverse team and inclusive environment are vital in contributing to our continued success as an investor and asset manager. We believe that diverse perspectives create better outcomes for us and our stakeholders, including the companies we invest in, our shareholders, investors and clients, as well as the communities we serve.

Onex’ commitment to diversity and inclusion includes increasing our focus on attracting and retaining employees from diverse backgrounds, creating additional awareness of diversity issues and benefits, fostering and inspiring a more supportive environment where inclusivity is expected and prioritized, and embedding accountability for diversity throughout the firm.

As a public company, we are committed to delivering value for all of our stakeholders – our shareholders, investors, employees, operating companies and the communities in which we operate.