Job Description
Our client, a Banking company, is looking for a Securities Operations Analyst for their Toronto, ON/Hybrid location.
Responsibilities:
Requirements:
Why Should You Apply?
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
- 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.
Requirements:
- 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.
- Ability to manage responsibilities through exceptional organizational, time management, interpersonal and analytical skills.
- SWIFT experience
- Preferred candidate background:
- Capital Markets, settlements, reconciliations.
- Sound knowledge of Canadian Fixed Income
- Sound knowledge of transaction lifecycle for Fixed Income products – Repo, Security Lending
- Ability to manage the below responsibilities through the following using exceptional organizational, time management, interpersonal and analytical skills:
- Reconciliation of internal accounts and depository balances
- A combination of manual and automated processes
- Decisions or interpretations on processes or transactions within defined boundaries
- 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 clients'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
- Must Have
- Ability to meet SLA Yes
- Capital Markets Experience 1 years
- Settlements and payments experience 1 years
- Sound knowledge of Canadian and US fixed income settlements Yes
- Nice to Have Skills
- Detail oriented and strong analytical skills 1 years
Why Should You Apply?
- Health Benefits
- Referral Program
- Excellent growth and advancement opportunities
Numbers & Facts
| Location | Toronto, ON |
| Industry | Management Consulting Services |
| Salary | $25.47–$29.39 Per Hour |
| Company Size | 2,000 to 2,499 employees |
| Year Founded | 2000 |
| Website | https://www.iconma.com/ |
Benefits
401K, Employee Referral Program, Life Insurance
About Company
ICONMA is a global information consulting management firm providing Professional Staffing Services and Project-Based Solutions for organizations in a broad range of industries.
- Corporate Headquarters in Troy, Michigan; 20+ locations worldwide.
- Certified Woman-Owned Business Enterprise (WBE); certified by Women’s Business Enterprise National Council, National Women Business Owners Corporation (NWBOC); and California Public Utilities Commission (CPUC).
- Founded in 2000
- 2000+ Employees
The company was founded on the principle that success is derived from delivering high quality service and resources in the most responsive, flexible, and innovative way. ICONMA invests in people and resources with a single goal: To provide our customers with the highest quality service in the most responsive manner. Through its network of offices, ICONMA provides the resources to help clients maintain their competitive advantage.
Skills
- Analysis Skillsunmatched
- Banking Servicesunmatched
- Capital Marketsunmatched
- Customer Support/Serviceunmatched
- Diversityunmatched
- Fixed Income Investmentsunmatched
- Health Planunmatched
- Interpersonal Skillsunmatched
- Investment Analysisunmatched
- Loansunmatched
- Needs Assessmentunmatched
- Operational Auditunmatched
- Operations Processesunmatched
- Process Improvementunmatched
- Project Executionunmatched
- Reconciliationunmatched
- Regulationsunmatched
- Risk Managementunmatched
- Securitiesunmatched
- Service Level Agreement (SLA)unmatched
- Test Caseunmatched
- Test Plan/Scheduleunmatched
- Time Managementunmatched
- Transaction Processing/Managementunmatched
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