Position Title: Business Analyst I Duration: 18 months Location: Toronto, Ontario (Hybrid: 2 days in office, 3 days work from home (could potentially change to 4 days in office)
Job Description: Fixed Income Operations has an exciting opportunity where Innovation is more than a buzzword, where Talent Development is foundational and where a Culture of diversity, individuality and engagement is of primary focus. The opportunity is in the form of Lead Operations Officer, Fixed Income Settlements. Below are Accountabilities, Responsibilities and Requirements. 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 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
Functional Responsibilities:
Manage and resolve Fixed Income settlement exceptions in CDS and CDCC
Perform daily CAD settlements for repo, pledge, bond, and safekeeping trades
Investigate and resolve cash breaks and depository breaks
Build strong relationships with all business partners locally and globally
Liaise with regional/Global Fixed Income settlement teams for efficient cross-border settlement
Identify opportunities for process improvements within areas of responsibility
Coordinate documentation of processes and ensure knowledge continuity with teammates
Identify risk in cash wire payments and escalate appropriately
Respond to emails in all team mailboxes
Manage individual and team request
Cross train on all settlement desks to add depth for team coverage during staff vacations and absences
Ad hoc requests (audit confirmations, answering queries)
Attend team meetings
Be involved with serviced businesses internal to an external vendors/providers
Must-Have Hard Skills:
1+ years of experience within customer service in terms of settlements, fixed income products
MS Office Basic knowledge – Excel
Soft Skills:
Strong communication skills (written and verbal)
Strong time management, priority management skills
Attention to detail and someone who is a self-starter and adaptable.
Nice-To-Have 1.) Canadian Depository System 2.) Education related to fixed income or bonds 3.) Knowledge of what bonds are, principal values etc. 4.) Banking or financial institution experience 5.) CSC certification
Applicant Notices & Disclaimers
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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 C$30.00/hr.
