Operations Analyst

**Operations Analyst**

**Take a central role**
The Bank of Canada has a vision to be “a leading central bank—dynamic, engaged and trusted—committed to a better Canada.” No other employer in the country offers you the unique opportunity to work at the very center of Canada’s economy, in a diverse and inclusive organization with significant impact on the economic and financial well-being of all Canadians. You will be challenged, energized and motivated to excel in an environment where we are reinventing central banking, renewing ways of doing business and reinforcing a culture of innovation.

Find out more about the next steps in our Recruitment process.

**Did you know?**
The Bank of Canada conducts operations at its Head Office in Ottawa. In addition, the Bank has established an alternate site for operations in downtown Calgary. This Operations Analyst position will be located in Ottawa but will share responsibility for conducting day-to-day market and banking operations with team members located at the Calgary Operational Site (COS). Considered to be critical operational staff, the Operations Analysts are typically required to work onsite, as determined by the needs of the broader team.

**What you will do**
The Financial Markets Department (FMD) contributes to the fulfillment of the Bank’s financial system, funds management, and monetary policy objectives. The Treasury, Auctions, and Settlements Systems (TASS) team in Ottawa and the TASS group in Calgary support those objectives through a range of financial market and treasury management activities on behalf of the Bank, the Government of Canada and other key stakeholders. In their day-to-day work, the broader TASS team works closely with colleagues in FMD and other departments at the Bank, as well as in the Department of Finance, to carry out the Government’s funding plan and manage their cash balances, manage the Bank’s balance sheet, implement monetary policy, and maintain well-functioning markets in Canada.

The Operations Analyst is responsible for the analysis, execution and reporting of processes and transactions to support the operational activities of TASS across both sites. These activities include the daily forecasting and reconciliation of payment flows to determine the Bank’s cash position, the preparation and execution of cash and securities auctions for the Government and the Bank, the review and completion of securities contracts and margin calls, both domestic and foreign, and the co-ordination of securities pricing.

You will complete tasks in a timely and accurate manner, to meet critical deadlines for high-profile operations. You will utilize your business and systems knowledge to recommend and implement solutions to novel and complex operational issues as they arise. You also will monitor, analyze and highlight trends related to operational activities, to support execution and planning. If operational issues arise, you will work diligently to resolve them in a timely manner seeking guidance from the team and the Manager, Auctions, Settlement Balances and Middle Office as appropriate.

***This poster may be used for anticipatory staffing to fill positions that may come up throughout the year in our Ottawa office for regular or term positions**

**What you need to succeed**
You are a great team player who can support the work of others as required. You are an analytic-thinker who can anticipate and identify problems, as well as contribute to timely, innovative solutions. You can communicate effectively, both orally and in writing.

You also have:

- strong ability to work with numbers and perform calculations, give attention to detail, and manage transactions/information outside of systems (e.g. securities contracts, settlement balances information)
- good time-management skills, with the ability to set priorities and multi-task to ensure daily work is completed within deadlines while balancing longer-term projects
- investigative skills to pursue required actions or adjustments when systems fail

**Nice-to-have**
- experience within auctions, settlement balances and middle office functions
- familiarity with financial markets and the Canadian financial system

**Your education and experience**
The position requires post-secondary education in business, accounting, finance or economics plus at least three years of relevant work experience in a financial/banking operations environment. An equivalent combination of education and experience may be considered.

**What you need to know**
- Language requirement: English and French essential (bilingual) with a minimum starting level of functional (level 4) in second official language. Training may be provided to help reach the required level of fully functional (level 5) in second official language.
- Priority will be given to Canadian citizens and permanent residents
- Security level required: Be eligible to obtain Secret
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