Securities Operations Analyst
Are you an experienced Business Analyst looking to enhance your expertise in Securities Operations? Apply Now!
Working with one of our top financial clients, this role calls for a Securities Operations Analyst. This position involves supporting collateral settlement activities for Fixed Income trading, focusing on reconciliation, cash settlement, exception resolution, and process improvement within a dynamic team environment. The role offers an opportunity to develop a deep understanding of fixed income markets and enhance operational efficiency in a long-term contract setting.
Pay rate range (CAD): $34.78/hr – $41.73/hr
Responsibilities
- Support collateral settlement processes for Fixed Income trading activities
- Reconcile internal accounts and depository balances, including manual and automated workflows
- Process cash principal and interest settlements using Loan IQ for CSA agreements
- Manage cash settlement via SWIFT messages (MT202, MT103) for margins governed by CSAs and GMRA
- Identify and resolve trade discrepancies, feed issues, depository and cash breaks
- Develop and maintain relationships with internal and external partners to ensure optimal service
- Assist in analyzing, testing, and implementing process improvements and operational projects
- Document and update procedures for current and new processes
- Ensure escalation policies are followed and deliver high-quality service in difference resolution
- Manage exceptions arising from trade discrepancies, system feed issues, and reconciliation mismatches
Desired Skill-Set
- 1-2 years of capital markets experience
- Knowledge of Canadian and US fixed income settlements and payments
- Experience with trade lifecycle and cash settlement processes in Fixed Income
- Strong organizational, time management, and analytical skills
- Experience with SWIFT messaging (preferred)
- Ability to interpret and make decisions within operational boundaries
Nice to Have
- CSC or other finance certifications
- Experience with systems like Loan IQ
- Knowledge of Repo, Security Lending, or Margin calculations
- Ability to work in a hybrid environment and adapt to process automation
BeachHead is an equal opportunity agency and employer. We advocate for our candidates and welcome applicants regardless of race, color, religion, national origin, sex, age, or physical or mental disability. BeachHead or our clients may use technology-enabled tools, including automation and artificial intelligence (AI), to support parts of the recruitment process such as resume screening, application management, and candidate matching. These tools assist our recruiters and our clients, and do not replace human decision-making. This job posting represents a current or anticipated vacancy. The position may be filled at any time, and the posting may be removed without notice once the role has been filled.