Specialist, Business Operations

Job Description Summary

Venture outside the ordinary - TMX Careers

The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets.

United as a global team, we’re connecting cross-functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and propelling progress. Through a rich exchange of ideas, meaningful collaboration, and a nimble operating model, we're powering some of the nation's most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team.

Ready to be part of the action?

Now Hiring - Specialist Business Operations - Extended Hours

Reporting to the Manager, Extended-Hours Business Operations, the Specialist, Extended-Hours Business Operations is accountable for ensuring complete and timely processing as well support for 15-20 CDCC participants/members in areas such as:

- Margin and collateral processing (cash and securities);
- Settlement & clearing including End of day final settlements with payment processing;
- Main contacts for Customer Support needs during the overnight clearing cycles;
- IT processing.- Key Accountabilities-
- Maintain Collateral Requirements, collecting Collateral to satisfy the margin calls via securities pledge or cash, leading customers’ return of excess funds;
- Perform a daily Cash Reconciliation of the various currency accounts with CDCC Settlement Banks;
- Ensure successful completion of the end of day settlement process including payment processing;
- Ensure participants/members meet their trade settlement obligations;
- Support the Montreal Exchange with participant trade corrections or adjustments;
- Act as the point of contact for matters related to Collateral/Banking/Clearing/Settlements to ensure effective and efficient client support is provided to all Members;
- Provide guidance and solutions to internal teams and external clients;
- Support the Business Continuity Program, Disaster Recovery Program, Default Simulation and other testing exercises;
- Interact with Internal and External Audit, Regulators as well as internal departments;
- Adhere rigorously to internal procedures, rules, audit requirements and internal controls verification processes;
- Recommend changes to existing processes, services and procedures to ensure excellent customer service, and that we operate in an efficient and effective environment.
- Lead and assist with projects and special assignments.- Education / Experience-
- Post-Secondary education in Commerce, Business Administration, Finance, and/or Accounting is preferred;
- Minimum of 5+ years’ experience in the Securities Financial Industry;
- Solid experience/knowledge in Operations processes or Securities Accounting in the Securities Financial Industry.- Skills-
- Effective listening, written and verbal communication skills
- Advanced technical and analytical skills and ability to propose operational solutions and solve moderately complex problems specific to a project or assignment
- Solid interpersonal and organization skills with the demonstrated ability to plan and prioritize
- Self-motivated and able to work with minimum supervision, as well as a teammate
- Oriented to deliver with accuracy and clear & concise details in a time sensitive environment
- Advanced level of technical and analytical knowledge regarding Collateral, Banking and Clearing/Settlements processes, systems and capabilities
In the market for- Excitement - Explore emerging technology and innovation, as well as ventures and digital finance that shape the future of global markets Experience the movement of the market while grounded in the stability of close to 200 years of success.- Connection - With site hubs in some of the world’s most multicultural cities, we leverage our size and structure to create rich connections and belonging while experiencing powerful global impact through our work.- Impact - More than a platform, we use our talents to power mission-critical systems that drive global economic advancement, innovation, and growth. As well, our employee-led
- _Team Impact_ spreads social good via our giving strategy.- Wellness - From empathetic leadership to a culture of flexibility and balance, we believe wellness at work creates the maximum yield and a stronger “we”. Plus, with a cloud-first and hybrid workstyle, as well as generous time-off and leaves, we support a life well lived- Growth - From a growth mindset in our work, to expansion in our business, TMX is home to action-takers energized by the achievement of ambitious growth.- Ready to enrich your career _

This role is required to know a language other than French as TMX is an international organization with operations across the globe and its clients, shareholders, competitors,