Operational Banking Associate – Capital Markets / CSC
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Working with one of our top financial clients, this role calls for an Operational Banking Associate – Capital Markets / CSC. This position offers an exciting opportunity to support core securities lending operations, gain exposure to the initiation's Securities platforms, and contribute to a dynamic team that values accuracy, efficiency, and collaboration.
Pay Rate Range (CAD): $17.60/hr – $27.70/hr
Responsibilities
- Support the daily settlement of CDS and DTC loans, borrows, repayments, and collateral tickets, ensuring all transactions are completed by the end of the business day
- Monitor and report settlement discrepancies promptly to Lending Traders and Margin groups, facilitating swift issue resolution
- Investigate, resolve, and escalate settlement issues as needed, ensuring compliance with operational standards
- Manage collateral movements, mark-to-market activities, contract comparisons, fees, rebates, and reconciliation functions
- Provide operational support to Traders, including real-time position checks and inquiries related to lending activities
- Maintain accurate documentation of daily settlements for audit purposes, ensuring all records are organized and accessible
- Participate in weekly collateral rotation shifts and ensure coverage during time off
- Support compliance by processing FX and wire requests within authorized limits
- Collaborate with internal teams during meetings and contribute to continuous process improvement efforts
Desired Skill-Set
- Strong Microsoft Excel skills with advanced data processing and reconciliation experience
- At least 5 years of experience in banking or financial services, with exposure to capital markets or trading
- Proven ability to conduct reconciliation and identify discrepancies efficiently
- Excellent verbal and written communication skills
- Team-oriented with a detail-oriented approach
- Knowledge of securities lending, settlement processes, and industry regulations
Nice to Have
- CSC, CFA, or CGA certifications or courses completed
- Coding or scripting knowledge
- Experience with settlement and trading operations
- Familiarity with Securities platforms and back-office workflows
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.