Job description
About This Job
Operations Analyst – Collateral Controls: On behalf of our Banking client, Procom is searching for an Operations Analyst – Collateral Controls for a 12-month role. This position is a hybrid position with 4 days onsite at our client’s Toronto office.
Operations Analyst – Collateral Controls - Job Description: The Operations Analyst – Collateral Controls will play a critical role in managing collateral movements and ensuring compliance with counterparty guidelines. The role involves processing month-end interest items, setting up new accounts, and ensuring accurate interest rates in systems. The position also requires providing backup support and assisting with projects and policy updates.
Operations Analyst – Collateral Controls - Responsibilities: • Ensure all month-end interest items are processed and confirmed as per counterparty guidelines • Capture daily collateral movements on time and accurately • Follow processes to mitigate risk of error • Set up new accounts and Standard Settlement Instructions (SSI) as per policy • Identify opportunities to streamline processes and improve productivity • Complete month-end interest reconciliations and escalate items as required • Escalate any issues or non-adherence to policy and procedures • Provide backup to Team Lead and other team members as required • Ensure interest rates are accurate and up to date in systems • Assist on monthly General Ledger (GL) Attestation • Provide input and testing assistance on projects • Update procedures and policies as required • Perform functions for IS Trust ensuring compliance with CASS rules for client money
Operations Analyst – Collateral Controls - Mandatory Skills: • Knowledge of SWIFT Payments • Experience in Collateral Management • Familiarity with Standard Settlement Instructions • Understanding of financial markets, banking, or accounting • Knowledge of RIMMS, iMatch, Acadia, Colline • Experience with processes involved in confirmations and settlements
Operations Analyst – Collateral Controls – Nice-to-Have Skills: • Canadian Securities Courses and/or CFA • Strong problem-solving skills • Effective communication skills • Ability to work in a team environment • Experience in process improvement
Operations Analyst – Collateral Controls – Assignment Length: This is a 12-month contract position.
Operations Analyst – Collateral Controls - Start Date: ASAP
Operations Analyst – Collateral Controls - Assignment Location: Toronto, Ontario, Canada. This is a hybrid position with 4 days in the office per week.
Position Name
Operations Analyst – Collateral Controls