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Analyst - Money Markets
Ref No.: 18-06721
Location: Toronto, Ontario
Job Title: Analyst - 28587
Duration: 1 year
Location: Toronto

Job Description:


-Global Operations and Business Services provide critical risk management and control functions for sales and trading, investment, and corporate banking.
-Funding & Cash Management Operations is part of Capital Market Operations and partners with the front office and other areas within Banks Securities globally to mitigate risk for Banks and their clients.
They are a Global team that is responsible for the cash management of Banks Securities' external Trading bank accounts and for determining Banks Securities Internal funding requirements and communicating these to the appropriate funding desks.
-This group manages confirmations, settlements and trade support process for Banks Securities' Money Market trading activities.
-Funding & Cash Management Operations communicates daily with various internal and external business groups such as front office partners, offshore offices, and externally with Correspondent banks and various clients to meet our Service Level Agreement.
-The team is heavily involved in strategic initiatives, business development, and process improvements to drive efficiency, improve client service levels and reduce risk.


• Creating and verifying payment for USD and CAD money market funding
• Processing payment via SWFT messages
• Creating internal Accounting entries
• Issue and confirm details of Commercial Paper and Certificate of Deposit
• Confirm details on Fed Fund with Counterparty
• Complete tickets for Clients Overnight Loans/Deposits
• Rate reset on floating Commercial Paper and Certificate of Deposit
• Issuance of CUSIPs for Commercial Paper and Certificate of Deposit
• Process and update Daily Funding Requirement (DFR) Overnight Funding request
• Assist in corporate audit request
• Resolving cash breaks in BOA/BONY/CDS accounts
• Process Global ticket for intercompany funding
• Completes transactions, investigation or other processing activities
• Conduct investigation and process improvement

Accountabilities to the Customer:

• Process transactions accurately and on time
• Escalate processing issues where necessary to ensure a high level of service is maintained
• Serve clients as required- adhere to Service Level Agreements and internal service delivery standards
• Identify opportunities to improve service delivery, support process improvement initiatives

Accountabilities to the Shareholder:

• Prioritize and manage own workload to meet SLA requirements for service and productivity
• Follow firm and industry regulations and operating practices in completing and recording transactions for either the firm or clients
• Escalate non-standard or high risk transactions or other activities as appropriate
• Ensure documentation prepared/ completed is accurate and properly reflects client/ business intentions and is consistent with relevant rules/ regulations
• Complete investigations- report/ escalate risk issues identified or process gaps
• Access systems, know and apply system capabilities, ensure upload/ download of information is completed timely and accurately
• Assist in analysis, development, testing and implementation of operating and process improvements

Accountabilities to the Team:

• Participate fully as a member of the team, promote team effectiveness and contribute to a positive work environment
• Support the team by continuously developing knowledge in own area
• Participate in performance management and development activities
• Keep others informed and up-to-date about the status/ progress of projects and all relevant or useful information related to day-to-day activities


-2+ yrs Analyst exp. from a Canadian financial institution
-Exp. with Money Market products in capital markets, operations, risk &/or control functions
-Undergraduate degree in Quantitative background (ie. Statistics, Math, Economics, Business, not so much finance/accounting)
-Advanced Excel (Pivot tables, V-look ups)
-Excellent communication and interpersonal skills (very important)
-Resume has a balance (over 1 yr in a role, but not over 3 yrs in a particular role; looking for some longevity but not too much)


-Masters degree in Statistics
-Completion of CFA


-Easily adapts to new tools and trends and technologies
• Intellectual curiosity, passion for innovation and simplification
• Design, creativity and problem solving skills
• Aptitude for building relationships and ability to communicate complex issues to a wide array of business partners with differing levels of product experience
• Self-motivated and proactive team player, who takes ownership and accountability
• Strong organizational skills and the ability to effectively manage competing priorities in a fast paced environment
• Proven analytical skills, problem solving ability, and meticulous attention to detail
• Strong sense of teamwork
• Commitment to excellence and client service
• leadership
• Ability to develop and maintain positive relationships with a network of contacts throughout the banking industry and act as a consultant to the different groups within the Bank such as Front Office, Credit, Finance and Technology