Operations Analyst

Job Title: Operations Analyst
Location: Toronto, ON (Hybrid)
Estimated Duration: 12 Months

Job Description
Accountabilities:
Innovation

• Contribute to an environment of innovation that leads to working smarter and simpler

Development

• Develop a mindset of critical thinking, risk management and understanding the needs of TDS's clients and internal business partners

Culture

• Embrace diversity, respect one another and contribute to an environment where team members look forward to coming to work each day
• Recognize team members as more than just a fellow staff member, appreciate their individuality as a person

Functional Responsibilities:

• The position is responsible for a variety of key operational processes in Collateral settlement in support of Fixed Income trading activities at TD Securities. As a Analyst, you will participate fully as a member of the team and contribute to a positive work environment.
• Develop understanding of the Fixed Income Domestic and international market
• Processing cash Principal and Interest Settlement in Loan IQ application for CSA agreements
• Cash settlement using SWIFT message (MT202, MT103) for Variation and Initial Margins governed by CSAs and Repo Margins governed by GMRA

Managing and resolving exceptions:

• Arising from trade discrepancies on Front-Office to Back-office, Regulatory and Custodial reconciliations.
• Resulting from feed issues that create exceptions on the system task station.
• Resulting from discrepancies listed on Trade versus Transfer reports.
• Depository and cash breaks
• Develop and maintain working relationships with internal and external partners for the purposes of delivering optimal customer service
• Execute on ad-hoc non-routine requests
• Assist in analysis, development, testing and implementation of operating and process improvements
• Initiate and/or participate in projects –identify test cases, communicate project status and execution of test cases to ensure project objectives are met in a timely manner.

Ensure written procedures of new/current process are captured and updated routinely.
Ensure all escalation policies are observed under the TD policy
Provide a high level of service in assisting process partners to identify, locate and resolve differences.

SUMMARY OF DAY-TO-DAY RESPONSIBILITIES:

• The position is responsible for a variety of key operational processes in Collateral settlement in support of Fixed Income trading activities at TD Securities. As a Analyst, you will participate fully as a member of the team and contribute to a positive work environment.
• Develop understanding of the Fixed Income Domestic and international market
• Processing cash Principal and Interest Settlement in Loan IQ application for CSA agreements
• Cash settlement using SWIFT message (MT202, MT103) for Variation and Initial Margins governed by CSAs and Repo Margins governed by GMRA

MUST-HAVE Hard Skills:
Must have

• Capital Markets experience
• Sound knowledge of Canadian and US fixed income settlements
• Settlements and payments experience
• Advance knowledge of MS suite of software applications and VBA
• Decisions or interpretations on processes or transactions within defined boundaries to meet SLAs.

SOFT SKILLS:

• Ability to manage responsibilities through exceptional organizational, time management, interpersonal and analytical skills.

NICE-TO-HAVE

• SWIFT experience