Analyst, Derivatives Operations - Extended Hours

TMX Group•Montreal, QC

11d•Remote

About The Position

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. The Analyst, Derivatives Operations - Extended-Hours is accountable for ensuring complete and timely processing as well as support for CDCC Clearing Members in areas such as: Post-Trade Derivatives Clearing and Settlement Services, Reporting, and Analysis; Margin and collateral processing (cash and securities); Banking & Settlement, including End-of-Day final settlements with payment processing; Customer Support during the overnight clearing cycles.

Requirements

Minimum of 2+ years of experience in the Securities Financial Industry.
Solid experience and knowledge in Operations processes or Securities Accounting within the Securities Financial Industry.
Solid level of technical and analytical knowledge regarding Collateral, Clearing, Banking, and Settlements processes, systems, and capabilities.
Effective listening, written, and verbal communication skills.
Solid technical and analytical skills with the ability to propose operational solutions and solve moderately complex problems specific to a project or assignment.
Solid interpersonal and organization skills with a demonstrated ability to plan, prioritize, and work with minimum supervision as an adaptable team player.
Oriented to deliver work with high accuracy and clear, concise details in a time-sensitive environment.
Strongly proficient with Google Suite, Excel, and other desktop applications.
Flexibility required to perform successfully in a fast-paced, time-sensitive environment with tight deadlines.

Nice To Haves

Post-Secondary education in Commerce, Business Administration, Finance, and/or Accounting is preferred.
Strongly proficient with Google Suite, Excel, and other desktop applications.

Responsibilities

Act as the primary point of contact for matters related to Collateral, Clearing, and Banking & Settlements to ensure effective, timely, and efficient client support is provided to all Clearing Members.
Monitor collateral requirements, including the collection of intra-night margin calls via cash or securities pledges, to ensure obligations are met in a timely manner.
Monitor payment processing and ensure the successful completion of end-of-day settlement processing so that Clearing Members' settlement obligations are met on time.
Perform daily reconciliations and detailed analysis of collateral Cash accounts with CDCC Settlement Banks.
Support Business Operations processing for all products and services made available to Clearing Members.
Assist the Montreal Exchange with trade and position management needs.
Support the Business Continuity Program, Disaster Recovery Program, Default Simulation, and other operational testing exercises.
Interact regularly with IT, Client Services, Risk, Market Operations, and other internal departments.
Adhere strictly to internal procedures, rules, audit requirements, and internal controls verification processes.
Recommend impactful changes to existing operational processes, services, and procedures to ensure excellent customer service within an efficient and effective environment.
Assist with various team projects and special assignments as required.