Location
Brookfield Place - 181 Bay Street
Business - Credit
Brookfield Credit manages approximately $305 billion of assets globally, focused on a broad range of private credit investment strategies, including infrastructure and renewable credit, real estate, asset backed, and corporate credit. Return profiles span investment grade, sub-investment grade, and opportunistic. The business combines Brookfield’s substantial credit history with strategic partners, including Oaktree Capital Management, Castlelake, LCM Partners, 17Capital, and Primary Wave Music. As one of the world’s largest and most experienced credit managers globally, we deliver flexible, specialized capital solutions to borrowers, and attractive risk-adjusted returns to our investors
Brookfield Culture
Brookfield has a unique and dynamic culture. We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader: Entrepreneurial, Collaborative and Disciplined. Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.
Job Description
Position Summary
The Manager, Trade Operations is a hands-on operational leader responsible for the daily execution, processing, settlement, and reconciliation of fixed income, syndicated loan, and treasury transactions supporting Brookfield's Credit investment strategies. This role actively performs and supervises trade lifecycle activities across multiple trading, settlement, treasury, custody, and reconciliation platforms while ensuring operational accuracy, regulatory compliance, and adherence to internal controls.
The successful candidate will possess deep technical expertise in trade operations workflows, security settlement mechanics, cash payment processing, MT202 /MT103 SWIFT messaging, and exception management. This individual serves as a player-coach, maintaining direct involvement in critical operational functions while leading and developing the Trade Operations team. The ideal candidate is comfortable working within OMS, custodial, treasury, banking, and settlement systems daily and has extensive experience independently resolving complex operational issues across global markets.
Roles & Responsibilities
Trade Processing & Settlement
- Execute, monitor, and oversee trades through the full trade lifecycle, ensuring accurate and timely settlement across fixed income, syndicated loan, derivative, and other credit-related products.
- Perform end-to-end trade settlement activities including trade affirmation, matching, funding coordination, fail management, break investigation, and exception resolution.
- Actively process and monitor trading activity utilizing OMS, settlement platforms, custodial systems, and reconciliation tools.
- Investigate, escalate, and resolve complex trade breaks, settlement failures, cash discrepancies, and position differences.
- Execute and oversee wire settlements associated with trading activity, ensuring all settlement deadlines and control requirements are met.
- Maintain a comprehensive understanding of domestic and international settlement markets, including products requiring complex settlement structures and foreign market conventions.
Treasury & Cash Management
- Execute and review payment processing activities, treasury transactions, cash movements, and funding requirements to ensure accuracy and timeliness.
- Manage daily operational activities within bank portals, SWIFT networks, and payment systems, including transaction processing, troubleshooting, exception investigation, and issue resolution.
- Coordinate with custodians, counterparties, brokers, and banking partners to facilitate settlement and treasury-related activities.
- Monitor liquidity requirements and support trading-related funding activities to ensure successful trade settlement.
Account & Custody Management
- Execute account onboarding, maintenance, and closure activities across custodians, banks, brokers, and counterparties.
- Maintain and strengthen relationships with custodians, settlement agents, banks, and other operational service providers.
- Ensure account documentation and operational records are maintained in accordance with internal policies and regulatory requirements.
Operational Controls, Risk & Governance
- Support the design, implementation, and enhancement of operational controls and procedures to mitigate settlement, payment, and operational risks.
- Facilitate the ongoing development and enhancement of a SOC 1 control framework supporting operational excellence and external client requirements.
- Maintain awareness of regulatory developments, industry changes, and settlement best practices impacting trade operations activities.
- Ensure adherence to established policies, procedures, controls, and service level standards.
Process Improvement & Automation
- Identify opportunities to improve operational efficiency through process redesign, workflow optimization, automation, and technology enhancements.
- Partner with technology, operations, and business stakeholders to implement system enhancements and operational process improvements.
- Participate in user acceptance testing, system implementations, and operational change initiatives.
- Drive continuous improvement initiatives aimed at reducing operational risk and increasing scalability.
Leadership & Team Management
- Lead, mentor, and develop Trade Operations personnel while fostering a culture of accountability, operational excellence, and continuous improvement.
- Serve as a player-coach by maintaining direct involvement in daily processing, settlement, reconciliation, and exception management activities.
- Provide hands-on operational support during periods of increased volume, market events, project implementations, or staffing constraints.
- Act as a primary escalation point for complex operational issues impacting trade settlement, treasury activity, and investment teams.
- Partner closely with Portfolio Managers, Traders, Asset Managers, and other internal stakeholders to support investment activity and deliver exceptional client service.
Reporting & Performance Management
- Review and monitor KPIs, SLAs, operational metrics, and management dashboards to ensure critical processes are completed accurately and within established timeframes.
- Analyze operational trends, identify risks, and recommend actionable improvements to management.
- Perform additional responsibilities and special projects as assigned.
Preferred Experience & Technical Expertise
- Extensive hands-on experience processing and settling fixed income, syndicated loan, derivative, and treasury transactions.
- Advanced knowledge of trade lifecycle management, settlement operations, and post-trade processing.
- Strong working knowledge of SWIFT messaging, wire processing, cash management, and payment systems.
- Experience utilizing OMS, PMS, custodial platforms, treasury systems, settlement platforms, and reconciliation tools.
- Demonstrated success investigating and resolving complex settlement exceptions, trade breaks, cash discrepancies, and operational issues.
- Strong understanding of global custody, DTCC, Euroclear, Clearstream, collateral management, and derivative operations.
- Experience leading operational teams while remaining directly engaged in day-to-day execution activities.
- Proven ability to identify automation opportunities and drive operational process improvements.
Salary Range: $120,000 - $135,000 CAD
Position Opening Reason:
Backfill
Brookfield is committed to maintaining a Positive Work Environment that is safe, respectful; our shared success depends on it. We do not tolerate workplace discrimination, violence or harassment. We are proud to be an Equal Opportunity Employer and make employment decisions based on qualifications, merit, and business needs, without regard to any characteristic protected by applicable law. Applicant information is collected and handled in accordance with our Applicant Privacy Notice. As part of this commitment, we provide barrier-free and accessible employment practices in accordance with the Accessibility for Ontarians with Disabilities Act (AODA) and applicable human rights legislation. If you require a Human Rights Code-protected accommodation at any stage of the recruitment process, please let us know when contacted, and we will work with you to meet your needs.
