Trade Operations Analyst

Mercer is hiring a Trade Operations Analyst for our Toronto office. This is a hybrid position that requires a presence in the office for three days a week

The Trade Operations Analyst will manage all aspects of client cash flow management as well as product/client trade order management.  This includes monitoring the workflow of trades from initiation, allocation, approval, execution and settlement.  The successful candidate will work closely with the Investment team, Client implementation team, and Client Custodians.

The Analyst will have direct oversight and full operational responsibility for client accounts that require daily oversight.  This includes reconciliation of a client cash flows, trades and positions.  The Analyst will assist with daily trading and processing.

The applicable base salary range for this role is $54,600 to $82,000.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, and education. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, retirement programs as well as employee assistance programs.

We will count on you to:

• Have daily oversight of order management and all aspects of daily trading including cash reconciliation, trade execution and management of outgoing wires;
• Collaborate with team members to meet service level agreement and escalating when required;
• Daily monitoring, analysis and recording of client custodian cash positions to ensure that cash requirements are captured;
• Review changes to client assets daily to ensure that changes to market values and prices are within tolerance;
• Direct responsibility for providing the operational oversight to accounts
• Review third party positions and ensuring the appropriate updates have been made to Charles River Investment Management Solutions;
• Analyze reconciliations of client custodian holdings to third party vendor systems;
• Review and process custodian invoices and subadvisor invoices;
• Special projects.

What you need to have: 

• Undergraduate degree in relevant finance, economics or related discipline;
• 1+ year experience in asset management with focus on institutional client account support;
• Proficient in Microsoft Office applications with strong organizational skills
• Excellent interpersonal skills with a strong attention to detail;
• Strong verbal and written communication skills a must.

What makes you stand out:

• Cash flow management experience;
• Charles River Investment Management Solutions experience;
• Trade management experience (securities and funds);

Why join our team:

• We help you be your best through professional development opportunities, interesting work, and supportive leaders.
• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have an impact for colleagues, clients, and communities.
• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Mercer is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information about Mercer, visit mercer.com, or follow us on LinkedIn and X.

Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. In accordance with the Accessibility for Ontarians with Disabilities Act, 2005, Marsh will provide a reasonable accommodation to employees and prospective employees to the point of undue hardship upon request and as required in respect of the individual’s particular restrictions and limitations. If you require a specific accommodation because of a disability or medical need, please contact View email address on careers.marsh.com.

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.

The applicable base salary range for this role is $54,600 to $82,000.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, retirement programs as well as employee assistance programs.

This is a Replacement position.