Repo Trading Support Analyst

BMO•Toronto, ON

8d•CA$75,900 - CA$141,900•Onsite

About The Position

Provide day-to-day support for BMO’s global repo trading desks. Efficiently and quickly answer inquiries from groups involved in global BMO Repo trading – Front/Middle Office, Trade Desk Support, Back Office, Risk, Collateral Management, Accounting/Settlement, others. Participate in delivery of small-to-medium size enhancements to the existing processes as required by business priorities. Participate in rollout of the new vendor functionality – testing, validation, coordination with vendors and other stakeholders, production rollout. Develop strong partnership with the key business stakeholders and key technology contacts. Act as an expert for all integration aspects of Repo systems, work with external teams when required to resolve an issue (e.g. market data providers, settlements systems, Collateral management, etc …). Resolve identified issues working with Repo trading system vendors and other external contacts such as trading venues, clearing houses, tri-party agents, and regulatory agencies. Participate in activities related to system upgrades, infrastructure/security patching; ensure applications are validated and ready for business following system changes.

Requirements

At least 2-3 years of experience working with Repo trading systems in a typical sell-side organization
Strong knowledge of all aspects of Repo trading: trade execution and lifecycle events, inventory and collateral management, settlements, electronic and tri-party trading, other
Experience with outright bond trading and Interest Rate derivatives
Experience with some of the following systems: Bondfire, Broadridge FinPro/Impact/SFCM, Bloomberg TOMS, FIS BondOne, Calypso, Anvil, Apex
Experience building productivity tools/applications in Python and Excel/VBA

Responsibilities

Provide day-to-day support for BMO’s global repo trading desks
Answer inquiries from Front/Middle Office, Trade Desk Support, Back Office, Risk, Collateral Management, Accounting/Settlement, and others involved in global BMO Repo trading
Participate in delivery of small-to-medium size enhancements to existing processes
Participate in rollout of new vendor functionality, including testing, validation, coordination with vendors and stakeholders, and production rollout
Develop strong partnerships with key business stakeholders and technology contacts
Act as an expert for all integration aspects of Repo systems
Work with external teams to resolve issues (e.g., market data providers, settlements systems, Collateral management)
Resolve identified issues working with Repo trading system vendors and external contacts (trading venues, clearing houses, tri-party agents, regulatory agencies)
Participate in activities related to system upgrades, infrastructure/security patching
Ensure applications are validated and ready for business following system changes