Job Title: Business Analyst III
Duration: 8+ months 
Location: Toronto, Ontario-Hybrid (3 days  on site) M5K 1A2
Schedule:  M-F core business  hours
Training Period: 1 month
 

SUMMARY OF THE ROLE:

• Department: Fixed Income Middle Office (FIMO)

Team:

• Compression & Derivative Support (CMPIRD)

Department Summary:

The Compression and Derivative Support team (CMPIRD) is part of the Bank's Fixed Income Middle Office (FIMO). The team supports post-trade activity across Interest Rate Derivatives, including portfolio compressions, brokerage and fee processing, and ad hoc lifecycle events that may impact funding, risk, or P&L.

CMPIRD works closely with other FIMO teams and global stakeholders to ensure accurate processing and effective controls. FIMO is a strategic growth area for Bank, offering strong development opportunities for individuals looking to build a career in Fixed Income operations.

Typical Day-to-Day Responsibilities

• Support daily CMPIRD activities during Toronto business hours
• Assist with Global CCP Portfolio Compression processes and reporting
• Support reconciliation, validation, and payment of Interest Rate Derivative brokerage and fees
• Investigate and help resolve trade-level cash breaks and discrepancies
• Perform ad hoc bulk lifecycle actions and support corporate action postings
• Respond to queries relating to Risk, P&L, and Funding differences
• Work closely with global FIMO teams to support post-trade lifecycle maintenance
• Assist with updating procedures and supporting control and audit requirements
• Participate in process improvement and change initiatives

Must Have Hard Skills:

1. Middle office
2. Fixed income exp
3. Product experience

Soft Skills:

1. Strong  communication skills

Nice to have :

1. Excel  \ VBA \ formulas
2. compression exp
3. AI assistant

Years of Overall Experience:

• 5yrs

Preferred/Ideal Candidate Background:

• Working in a middle office experience  , interest  rate product , brokerage , rate cards or similar

 
 
At SPECTRAFORCE, we are committed to maintaining a workplace that ensures fair compensation and wage transparency in adherence with all applicable state and local laws.The pay rate for this position is $50.45/hr.