Job Title: Business Analyst I – Capital Markets
Location: Toronto, ON (Hybrid)
Estimated Duration: 12 Months

Job Description
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 client 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

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 client’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 client 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 client policy
  • Provide a high level of service in assisting process partners to identify, locate and resolve differences.

Must have

  • Capital Markets experience
  • Sound knowledge of Canadian and US fixed income settlements
  • Settlements and payments experience
  • 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