Operations Analyst – Capital Markets / Fixed Income / Settlement
Are you a detail-oriented professional with strong analytical and operational skills, looking to grow your career in capital markets? This role offers an exciting opportunity to support key operational processes within Collateral Settlement for Fixed Income trading at one of Canada’s leading financial institutions.
Working with one of our top financial clients, this role calls for an Operations Analyst – Capital Markets / Fixed Income / Settlement who will ensure accurate and timely settlement of trades, manage exceptions, and collaborate closely with internal and external partners to deliver seamless operational support. The ideal candidate will have a solid understanding of Fixed Income markets, strong knowledge of settlements, and a proactive approach to continuous improvement.
Responsibilities:
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Support key Collateral Settlement operations for Fixed Income trading activities within the client.
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Develop a thorough understanding of Domestic and International Fixed Income markets.
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Process cash principal and interest settlements in the Loan IQ application for CSA agreements.
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Execute cash settlements using SWIFT messages (MT202, MT103) for variation and initial margins under CSAs and repo margins governed by GMRA.
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Manage and resolve exceptions, including:
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Trade discrepancies between Front Office and Back Office systems.
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Issues from regulatory or custodial reconciliations.
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System feed or trade transfer discrepancies.
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Depository and cash breaks.
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Build and maintain effective working relationships with internal and external partners to ensure optimal service delivery.
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Execute ad-hoc and non-routine requests efficiently and accurately.
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Participate in the analysis, testing, and implementation of process and operational improvements.
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Contribute to projects by identifying test cases, executing test plans, and ensuring timely delivery of project objectives.
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Maintain and update written procedures to reflect current processes.
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Ensure compliance with client's escalation policies and operational risk standards.
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Promote a culture of innovation, collaboration, and continuous improvement within the team.
Desired Skill Set:
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Prior experience in Capital Markets operations.
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Strong knowledge of Canadian and U.S. Fixed Income settlements.
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Hands-on experience with settlements and payments processing.
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Advanced proficiency in Microsoft Office Suite and VBA.
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Strong organizational, analytical, and time management skills.
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Excellent interpersonal skills with the ability to work collaboratively in a team environment.
Nice-to-Have:
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Experience with SWIFT message processing.
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Familiarity with Loan IQ or similar settlement applications.
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Previous experience within a large financial institution or trading environment.
BeachHead is an equal opportunity agency and employer. We advocate for you and welcome anyone regardless of race, color, religion, national origin, sex, physical or mental disability, or age.
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