Associate, Trader, Securities Finance

As an Associate in the Balance Sheet, Capital, and Liquidity Management (BCLM) team within the Total Fund Management (TFM) department, you will support execution of trades, liquidity oversight, and balance sheet management. The role is based in London and involves close collaboration with both internal teams and external market participants. The majority of the BCLM team are based in Toronto, with a  satellite team in London.

Key Accountabilities:

• Provide London time zone coverage for securities finance desk and other BCLM activities
• Be a key representative of BCLM in London at external dealer meetings and internal meetings/event
• Oversee and optimize cross-asset financing activities across synthetic and physical securities.
• Assist in implementing leverage goals through secured borrowings (equity swaps, securities lending, repo, cash prime).
• Conduct daily portfolio management (re-rates, dividend monitoring, recalls, corporate action elections).
• Manage lifecycle and rebalancing of equity total return swaps.
• Build and maintain strong external relationships across asset classes and regions.
• Collaborate with internal Portfolio Managers to align fund positioning with board and management limits.
• Reconcile P&L with investment operations across multiple portfolios.
• Prepare regular reports (weekly, monthly) for internal stakeholders.
• Support investment teams with trade ideas, data requests, and market insights.
• Contribute to projects on portfolio management, trade execution, and market structure.