Analyst, Collateral

2 weeks ago


Toronto, Canada TMX Group Limited Full time

TMX's post-trade services include the Canadian Depository for Securities Limited (CDS) and Canadian Derivatives Clearing Corporation (CDCC). CDCC offers clearing and settlement services for all MX transactions and certain over-the-counter (OTC) derivatives. CDCC offers central counterparty and clearing and settlement services for all transactions carried out on MX’s markets and on some OTC products.

The Analyst, Collateral/Banking and Client Support is accountable for ensuring complete and timely processing as well support approx. 30 CDCC Members members in areas such as:

- Margin and collateral management; Cash Collateral management
- LVTS Large Value Transfer System for the industry
- Provides ongoing client engagement for Option expiry; and
- Client Reporting

How does the Analyst, Collateral Banking and Client Support contribute at TMX?- Central point of contact for clients, and ongoing client engagement to ensure client needs are met and solutions are provided- Provide high level knowledge of technical and analytical expertise regarding Collateral/Banking/Settlements- Ensure industry meets Collateral Requirements to satisfy margin calls- Ensure full Cash Reconciliation with Bank of Canada and settlement Banks- Ensure successful completion of end of day net settlement (Payment Exchange for the industry)- Provide support for the MX Exchange with client trade corrections- Coordinates all Operations activities to ensure the continuity of service delivery;- Support the Derivatives product offerings: Exchange traded Options and Futures; OTC- Support the Fixed Income product offering: Lifecycle Management - trade maintenance; trade support; Management of Settlement - including resolution of breaks- Provide leadership and support to Risk Management and Client for Default Simulations and Disaster Recovery program- Relationship Management with Regulators, Internal and External Audit, Risk Management, Finance and Technology partners- Strict adherence to internal procedures, rules, audit requirements and internal controls verification processes- Makes recommendations using professional judgement, guided by known practices

**Requirements**:
- Post-Secondary education in Business Administration and/or Accounting is preferred- Minimum of 2 - 4 years’ experience in the Securities Financial Industry- Solid knowledge in Operations or Securities Accounting in the Securities Financial Industry, the Canadian Securities Industry (Equities, Fixed Income and Derivatives), and the Global Capital Markets-
- Effective listening, written and verbal communication skills- Good technical and analytical skills and ability to propose operational solutions and solve moderately complex problems specific to a project or assignment- Solid interpersonal skills- Solid organization skills with the demonstrated ability to plan and prioritize- Self-motivated and able to work with minimum supervision, as well as a team player- Detailed and results oriented

TMX is committed to creating and sustaining a collegial work environment in which all individuals are treated with dignity and respect and one which reflects the diversity of the community in which we operate. We provide accommodations for applicants and employees who require it.



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