Operations Analyst – Collateral Controls
- Location: Toronto, ON – Hybrid (4 days onsite 1 day remote)
- Pay Rate: $42.63/Hr – $50.33/Hr
- Contract Length: 12 Months with possibility for extension
We at Raise are hiring an Operations Analyst – Collateral Controls for one of our top clients. After establishing themselves as an industry leader, they’re now expanding their team to meet rising demand. We’re hiring right now; if you’re interested, apply below for your chance to join a great place to work.
Responsibilities:
- The Analyst will ensure that all month-end interest items are processed and confirmed as per counterparty guidelines
- Ensure daily collateral movements are captured on time and accurately
- Ensure all processes are followed to mitigate risk of error
- Set up new accounts and SSI as per SO and Global Payments Policy
- Proactively identifies opportunities to further streamline processes and improve productivity.
- Ensure month-end interest reconciliations are completed and items escalated as required
- Escalate any issues or non-adherence to policy and procedures
- Provide backup to Team Lead and other team members as required
- Ensure interest rates are accurate and up to date in systems as required
- Provide assistance on monthly GL Attestation
- Provide input and testing assistance on projects as required
- Assist in updating procedures and policies as required
- Ensure all job functions are performed as per procedures and Standing Orders
- Perform functions for IS Trust ensuring compliance with CASS rules for client money
Must have skills:
- 1-2 years’ experience of Cash collateral/ Capital Market.
- Understanding of financial markets, banking, financial markets or accounting.
- Must have Knowledge of SWIFT payment types MT103, MT202, MT202COV and MT599
- EXCEL skills – specifically vlookup, pivot tables
Nice-to-Have Skills:
- Canadian Securities Courses and/or CFA are an asset.
- Knowledge of RIMMS, iMatch, Acadia, Colline and the various processes involved in confirmations and settlements.
Looking for meaningful work? We can help!
Raise is an established hiring firm with over 65 years of experience. We believe strongly in making the world a better place through work, which is why we’re a certified B Corporation and donate 10% of our profits to charity.
We strive to build teams that reflect the diversity of the communities we work in. We encourage all qualified applicants to apply, including people from traditionally underrepresented groups such as women, visible minorities, Indigenous peoples, people identifying as LGBTQ2SI, veterans, and people with visible/nonvisible disabilities.
We have a dedicated webpage for accommodations where you can learn more about what we offer and request accommodation: https://raise.jobs/accommodations/
In order to submit candidates for roles, our clients will sometimes require personal information to confirm the identity of applicants and their legal status to work. Raise will never ask you for personal or banking information unless you have been selected for a job. If you are ever unsure about the legitimacy of this or another job posting by Raise (or have any other questions), please contact us at +1 800-567-9675 or hello@raiserecruiting.com
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