Analyst – Capital Markets
- Toronto, ON
- Contract
- Full-time
- Degree/Certifications Required: post-secondary mandatory, in any discipline
- Years of experience: 5 – 7 years of relevant experience
- Reason for request/why opened: backfill a maternity leave
- % Interaction with Stakeholders: yes
- Project Scope: supporting with day-to-day BAU coverage
- Team Size: 6 in total
- Team Culture: good mix of personality, ages, experience with monthly team building activities. Friendly, collaborative
- Selling Points of Position: successful candidate will be joining a new team that works closely together and will have the opportunity to gain exposure to a range of products.
- Best Vs Average Candidate: investigative, keen
- How will performance be measured: monthly 1:1s
- Successful candidate will be joining the Compression and Derivative Support team (CMPIRD): a division of the Fixed Income Missile office (FIMO).
- CMPIRD is responsible for Portfolio Compressions, Brokerage, and the monitoring of ad hoc life cycle events that could have downstream implications.
- CPMIRD work very closely with other FIMO teams to support general life cycle maintenance post trade execution.
- Responsible for representing the CMPIRD mandate to internal and external stakeholders during Toronto business hours. In all instances it is expected that the individual will develop, promote and maintain positive relationships with all stakeholders.
- Responsible for the daily execution of the following activities:
o Timely reconciliation and payment of Interest Rate Derivative Brokerage and Fees, while ensuring correct internal allocation.
o Perform ad hoc bulk action tasks in a timely manner.
o Posting of Corporate Action events
o Perform ad hoc bulk action tasks in a timely manner.
o Resolution of ah-hoc queries relating to Risk / P&L / Funding discrepancies.
o Identify and resolve trade level cash breaks to manage funding implications.
- Actively manage various initiatives and ad hoc requests. Initiatives will vary from infrastructure improvements, changes in regulatory requirements, to supporting local business initiatives. The individual is expected to utilize their relationships to help drive these initiatives to completion.
- Work in partnership with other FIMO teams to support any bulk action request and the general life cycle maintenance post trade execution.
- Ensure both Functional and Regional Management are kept current and apprised of all relevant issues relating to TSG activities with proper escalation of issues in a timely manner.
- Maintain a good understanding of financial markets, stay current on developing issues regarding the principles of pricing and risk management, and various products employed by the business.
- Documenting and maintaining procedures to ensure they are inline and remain inline with any regulatory requirements.
- Supporting various stakeholders globally with ad hoc reporting queries and data requests.
- It is your responsibility to ensure that you are fully aware of and adhere to internal Client Policies that relate to you, your business or other businesses for which you have any level of responsibility. Additionally, it is your responsibility to read, understand and comply with the Bank’s Code of Conduct and Ethics and corresponding regulations. You will be notified of changes to policies in a timely manner through announcements and/or intranet updates.
- You must act with integrity and due skill, care and diligence in carrying out your duties. Your actions should always be able to satisfy high standards of scrutiny.
- You must observe proper standards of market conduct. It is your responsibility to ensure that you take reasonable steps to be fully aware of, understand and comply with all regulatory requirements from all regulatory bodies that are applicable to your business. You will promptly report to your supervisor(s) or manager(s) any instances in which you are aware of any violation or possible violation of such regulatory requirements by yourself or others
- These policies and regulatory requirements may include all, some or other regulatory jurisdictions as they relate to your business including, but not limited to: Government Securities Commissions, OSFI, IIROC, FCA, PRA, FRB, FINRA, SEC, MAS.
- Management should be kept fully informed at all times of all Regulatory and Compliance issues. You must deal with Client Management, Compliance, regulators and all control functions in an open and cooperative way and must disclose appropriately any information which Client Management, Compliance, regulators or control functions would reasonably expect to know.
- Act as part of the first line of defense in identifying and managing operational risk in accordance with assigned accountability. You are expected to understand the mitigating controls for any operational risk inherent in the assigned area of accountability and to appropriately address any control breakdowns or weaknesses in order to limit controllable operational risk events. Where risk events occur, the job holder is required to report any events in accordance with policy and assigned level of responsibility. If a process owner, or process owner’s delegate, post holder is required to comply with the applicable risk and control self- assessment standard.
- You must ensure that you are fully aware of your management reporting lines and escalation procedures
- Middle office experience (P&L risk, trades)
- Interest Rate Derivatives (IRS, cross currency, futures & options)
- Excellent communication skills – speaking to traders
- Advanced Excel (data manipulation)
- Interest rates
- Rate discrepancy
- Calypso
- Corporate action, bonds
- Compression experience
- Power BI (creating dashboards)