Senior Analyst, Business Operations
Ville : Toronto - 100 Adelaide St W
Catégorie : Full time
Industrie : Technology & Financial Services
Employeur : TMX Group
Venture outside the ordinary - TMX Careers
The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets. United as a global team, we’re connecting cross-functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and propelling progress. Through a rich exchange of ideas, meaningful collaboration, and a nimble operating model, we're powering some of the nation's most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team.
Ready to be part of the action?
CDCC offers clearing and settlement services for all MX transactions and certain over-the-counter (OTC) derivatives. CDCC offers central counterparty and clearing and settlement services for all transactions carried out on MX’s markets and on some OTC products.Reporting to the Manager, Business Operations, the Senior Analyst, Business Operations is accountable for ensuring complete and timely processing as well as support for CDCC Clearing Members in areas such as:
● Margin and collateral processing (cash and securities);
● Clearing Services, Reporting and Analysis;
● Banking and Settlement including Payment Exchange, End of day final settlements with payment processing;
● Customer Support throughout the various clearing cycles.
The candidate must be available to work a 7.5-hour rotating shift performed between 8 a.m. and 7 p.m. from Monday to Thursday and until 11 p.m. on Fridays.
Key Accountabilities
- Act as the point of contact for matters related to Collateral/Clearing/Banking & Settlements to ensure effective and efficient client support is provided to all Members;
- Maintain Collateral and Concentration Requirements including collecting Collateral to satisfy the Intra-day, End-of-Day, margin calls via securities pledges or cash, managing customers’ timely flow of funds to/from CDCC;
- Support Business Operations processing for all products and services made available to Members;
- Perform a daily Cash Reconciliation of the various currency accounts with CDCC Settlement Banks;
- Ensure timely completion of the daily netting cycles, payment processing and settlements including Payment Exchange and End of Day obligations are met;
- Ensure participants/members meet their trade settlement obligations;
- Support the Montreal Exchange for new/existing products/listings and client trade/position needs;
- Provide guidance and solutions to internal teams and external clients;
- Support the Business Continuity Program, Disaster Recovery Program, Default Simulation and other testing exercises;
- Interact with internal partners in Technology, Client Services, Risk, as well as internal CDCC teams;
- Adhere strictly to internal procedures, rules, audit requirements and internal controls verification processes;
- Recommend changes to existing processes, services and procedures to ensure excellent customer service, and that we operate in an efficient and effective environment.
- Assist with projects and special assignments including system configuration as required.
Education / Experience
- Post-Secondary education in Commerce, Business Administration, Finance, and/or Accounting is preferred;
- Minimum of 3+ years’ experience in the Securities Financial Industry;
- Solid experience/knowledge in Operations processes or Securities Accounting in the Securities Financial Industry.
Skills
- Effective listening, written and verbal communication skills;
- Strong technical and analytical skills and ability to propose operational solutions and solve moderately complex problems specific to a project or assignment;
- Strong interpersonal and organization skills with the demonstrated ability to plan and prioritize;
- Self-motivated and able to work with minimum supervision, as well as a team player;
- Oriented to deliver with accuracy and clear & concise details and flexible to work in a time sensitive environment.
In the market for…
Excitement - Explore emerging technology and innovation, as well as ventures and digital finance that shape the future of global markets! Experience the movement of the market while grounded in the stability of close to 200 years of success.
Connection - With site hubs in some of the world’s most multicultural cities, we leverage our size and structure to create rich connections and belonging while experiencing powerful global impact through our work.
Impact - More than a platform, we use our talents to power mission-critical systems that drive global economic advancement, innovation, and growth. As well, our employee-led Team Impact spreads social good via our giving strategy.
Wellness - From empathetic leadership to a culture of flexibility and balance, we believe wellness at work creates the maximum yield and a stronger “we”. Plus, with a cloud-first and hybrid workstyle, as well as generous time-off and leaves, we support a life well lived!
Growth - From a growth mindset in our work, to expansion in our business, TMX is home to action-takers energized by the achievement of ambitious growth.
Ready to enrich your career with impactful work, leaders who truly care, and the flexibility and programs to help you thrive as part of #TeamTMX ? Apply now.
TMX is committed to creating and sustaining a collegial work environment in which all individuals are treated with dignity and respect and one which reflects the diversity of the community in which we operate. We provide accommodations for applicants and employees who require it.