Investment Associate

Employer
Westerkirk Capital Inc.
Location
Victoria, British Columbia
Salary
Competitive pay based on qualifications and experience
Posted
Jan 05, 2022
Closes
Feb 04, 2022
Industry Sector
Asset Management
Employment Type
Full Time
Education
Bachelors

POSITION:  INVESTMENT ASSOCIATE

SUMMARY

As a result of substantial growth, Westerkirk Capital, a private investment company based in Victoria, BC is seeking an Investment Associate. This role is multi-faceted, covering middle and front office responsibilities, with a key focus on investment operations. Candidates will have a strong passion for investing and a desire to play a key role in the operations and ongoing supervision of investment portfolios. The organization is a single-family office investment enterprise managing assets via internal direct and third-party/external managers across a variety of portfolios and asset classes, including fixed income, public equity, private equity, hedge funds, infrastructure, and real estate. This broad and hands-on role is an opportunity to work in an entrepreneurial, team-focused environment with seasoned professionals. The successful candidate will thrive in a dynamic environment with changing priorities and is a self-starter who takes initiative on major projects and processes. We seek team members who have a long-term focus and whose values align with our culture: Entrepreneurial, Collaborative, and Disciplined.

KEY ACCOUNTABILITIES

With oversight by the Portfolio Manager, key areas of responsibility include account opening & funding, legal documentation, trading, compliance, first-level external manager communications, investment analysis, and portfolio monitoring.  The Investment Associate will:

  • Support trade settlement, capital call/distribution and life-cycle management across directly managed equities and third-party Private Funds.
  • Communicate with counterparties and custodians on trade information flow, including activity across custodian clearinghouses to ensure timely and proper trade settlement and reporting.
  • Assist in liquidity management, reconciliation of cash balances across accounts and generate reports for the investment team.
  • Collaborate with investment accounting team on compiling position reports.
  • Coordinate onboarding and KYC process with counterparties in conjunction with Legal and Finance team.
  • Participate in the ongoing management and monitoring of both financial and operational aspects of existing and new investments.
  • Manage existing custodian relationships, ensuring timely and accurate information collection & reporting.
  • Assist with compliance review, IM/custodian billing, and act as the/a key operations liaison with third-party providers.
  • Fulfill internal and external client service needs as required for transactions and other investment operations.
  • Respond quickly, accurately, and professionally to periodic client service requests.
  • Work collaboratively with internal team members and external service providers across Legal, IT, Finance, Accounting and Tax to achieve client portfolio goals.
  • Participate actively with the team on projects and other duties as assigned from time-to-time while being sensitive to changing business environment, client requirements, and firm priorities. 
  • Assist with presentations, investment recommendations, reporting, and risk management of portfolio, as required.
  • Stay abreast of industry trends and work proactively to improve operational processes.

REQUIRED QUALIFICATIONS

The ideal candidate will have previous back and/or middle-office experience at an investment management or wealth management firm and will be comfortable with a hands-on role demanding high attention to detail and daily operational deadlines.

This position offers excellent opportunities in a dynamic environment. To qualify, candidates must have:

  • Bachelor's Degree in Business, Finance, or related field.
  • Minimum 5 years of investment industry experience/knowledge gained at a bank, brokerage firm, or wealth management firm dealing with institutional and/or high net worth clients in a discretionary management setting and/or direct experience in dealing with securities held in custody at external financial institutions.
  • A record of thorough and meticulous work with a focus on details.
  • Demonstrated initiative, independently driven and very detail oriented.
  • One or more of CPA/CIM/CFA designations preferred, or significant progress towards completion.
  • Advanced knowledge of all Microsoft Office applications (Excel, PowerPoint, Word, Outlook).

Given the private and confidential nature of the work, we do not maintain a company website. More information about the firm will be shared as we contact short-listed candidates.

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