Analyst, Collateral and Banking Operations

Venture outside the ordinary - TMX Careers

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.

Ready to be part of the action?

CDS is Canada’s national securities depository, clearing and settlement hub for domestic and cross-border depository-eligible securities. It supports Canada’s equity, fixed income and money markets and is accountable for the safe custody and movement of securities, the processing of post-trade transactions, and the collection and distribution of entitlements relating to securities deposited by participants.

Reporting To Manager CDS Collateral & Banking, You Are Accountable For Ensuring Complete And Timely Processing As Well As Supporting CDS Participants In Areas Such As

• Collateral management, Securities and Cash
• Bank of Canada Lynx large value transfer system payments
• US Banks fed wires
• Ongoing client support
  
  

Key accountabilities

• Point person for setting and follow on participants satisfying their collateral requirements
• Ensuring successful launch and daily execution of the monitored processes
• Building and documenting procedures
• Central point of contact for clients, and ongoing client engagement to ensure client needs are met and solutions are provided
• Provide high level knowledge of technical and analytical expertise regarding Collateral/Banking/Settlements
• Ensure full Cash Reconciliation with all Bank accounts
• Ensure successful completion of end of day Payment Exchange
• Ensure complete and accurate Issuer Credit Rating
• Ensure processing the CNS Buyins by the established deadlines
• Back up for the Banking Analyst
• Relationship Management with Regulators, Internal and External Audit, Risk Management, Finance and Technology partners
• Strict adherence to internal procedures, rules, audit requirements and internal controls verification processes
• Makes recommendations using professional judgment, guided by known practices
• Work on Canadian Holidays when the USA is open for Banking and Collateral functions
  
  

Must haves

• Post-Secondary education in Business Administration and/or Accounting is preferred
• Minimum of 2 - 4 years’ experience in the Securities Financial Industry
• Solid knowledge in Operations or Securities Accounting in the Securities Financial Industry
• Experience in handling wires, in both setting and approving online payments
• Strong proficiency with Google and other desktop applications
• Solid organization skills with the demonstrated ability to plan and prioritize
• Advanced technical and analytical skills
• Ability to propose operational solutions and solve moderately complex problems specific to a project or assignment
• Self-motivated and able to work with minimum supervision, as well as a team player
• Detailed and results oriented
  
  

Nice to haves

• Proficient in Microsoft / Google suite
• Solid interpersonal skills
• Effective listening, written and verbal communication skills
  
  

Note

• Hybrid working model in downtown of Montreal
  
  

In the market for…

Excitement - Explore emerging technology and innovation, as well as ventures and digital finance that shape the future of global markets! Experience the movement of the market while grounded in the stability of close to 200 years of success.

Connection - With site hubs in some of the world’s most multicultural cities, we leverage our size and structure to create rich connections and belonging while experiencing powerful global impact through our work.

Impact - More than a platform, we use our talents to power mission-critical systems that drive global economic advancement, innovation, and growth. As well, our employee-led Team Impact spreads social good via our giving strategy.

Wellness - From empathetic leadership to a culture of flexibility and balance, we believe wellness at work creates the maximum yield and a stronger “we”. Plus, with a cloud-first and hybrid workstyle, as well as generous time-off and leaves, we support a life well lived!

Growth - From a growth mindset in our work, to expansion in our business, TMX is home to action-takers energized by the achievement of ambitious growth.

Ready to enrich your career with impactful work, leaders who truly care, and the flexibility and programs to help you thrive as part of #TeamTMX ? Apply now.

TMX is committed to creating and sustaining a collegial work environment in which all individuals are treated with dignity and respect and one which reflects the diversity of the community in which we operate. We provide accommodations for applicants and employees who require it.