Procom

Procom

Toronto, ON

Middle Office Analyst, Repos, OTCs & Trade Processing

Middle Office Analyst - Repos, OTCs & Trade Processing

On behalf of our client in the Banking Sector, PROCOM is looking for a Middle Office Analyst - Repos, OTCs & Trade Processing.

Middle Office Analyst - Repos, OTCs & Trade Processing – Job Description

  • Work in the Middle Office team performing daily operations
  • Providing support and input to the global Middle Office program aimed at rolling out new product functionality and a follow-the-sun operating model
  • Working closely with IT, Product and Coverage to support the strategic agenda to provide a full-service Middle Office model to clients
  • Work with local Toronto Management, the Middle Office Program, and other global Middle Office Operations teams to cover the functions of Trade Management, IBOR Reporting and OTC / Collateral Management
  • Work closely with the Global Middle Office Operations Lead, and the Global Middle Office Operations Readiness Lead to provide ‘local’ information/requirements and assist in complying with a global model that will deliver ‘follow-the-sun’.
  • Cover Middle Office program deliverables within Canada including testing, subject matter expertise input, helping with Internal & External Audit, cross-training, reporting and problem resolution on daily basis
  • Complete the daily and Ad Hoc BAU processes as required whilst the function is being established
  • Actively supports the New Business Process, working with potential and existing clients to resolve Middle Office issues
  • Partners with the business lines to ensure the establishment / amendment and extension of all service level agreements / service level standards
  • Builds relationships with other divisions and domiciles within the bank and leverages, where possible, Global Best Practice
  • Develop & implement comprehensive operating procedures that ensure the accuracy, timeliness and completeness of all processes
  • Establish targets to measure service quality, & effectiveness against appropriate benchmarks
  • Ensure to follow the procedures and update them as required after management approvals
  • Mitigate financial/reputational risk by ensuring to comply with and controls that are developed and maintained in compliance with regulatory requirements or company policies

Middle Office Analyst - Repos, OTCs & Trade Processing – Mandatory Skills

  • Degree in Finance or Business-related discipline
  • 1 to 3 years financial services industry experience in an operations environment
  • Previous experience with derivatives, Repo's, OTCs and Trade Processing
  • Proficient in Microsoft Office (Excel, Word, PowerPoint)
  • Previous experience on projects
  • Superior communication skills – written and verbal
  • Experience in establishing new processes
  • Risk management and mitigation focus

Middle Office Analyst - Repos, OTCs & Trade Processing – Nice to Have Skills

  • Experience in establishing new processes
  • Risk management and mitigation focus
  • Previous experience on projects
  • Macro writing skills

Middle Office Analyst - Repos, OTCs & Trade Processing - Assignment Start Date

ASAP – 6 months to start

Middle Office Analyst - Repos, OTCs & Trade Processing - Assignment Location

Toronto, ON – Work Remotely