Business Analyst - Toronto, Canada - GTT, LLC

Description

• The Business Analyst will focus on participating in the development and implementation of new confirmation platforms, and OTC Derivative products.
• May have to support in the day-to-day operations of confirmations business

• The primary focus will be the support functions of three distinct business lines including the review and approval of all derivative confirmations and the management of any non-standard derivative language in accordance with our procedures, regulatory, and ISDA (International Swaps and Derivatives Association) documentation standards.
• In this role, you will also be responsible for drafting and overseeing operations of all complex structure derivative trades with the ability to clearly articulate any deviation in your discussions with our business partners in the Front Office traders, Legal, etc.
• This is an excellent opportunity for an individual with in-depth knowledge of derivative products who will be responsible for exception and risk management of the end to end processes for post-trade functions that will also include trade confirmation, settlement, trade life cycle events, and investigations. If you are forward-thinking, creative, and willingly take ownership of complex and challenging initiatives this is the perfect opportunity for you.

• Excellent understanding of the Derivatives products, the market and currencies that the businesses trade-in and, and derivative confirmation documentation, processes, workflows, systems/applications, and regulatory reporting functions.
• Your understanding of operational risk management will enable you to effectively identify issues and dependencies while keeping up to date on emerging issues, trends, and evolving regulatory requirements and assess potential impacts.
• With your keen attention to detail and accuracy, the review of all documentation is essential along with ensuring all necessary approvals have been obtained prior to issuing and approving all ISDA confirmations.
• The Business Analyst will coordinate and interact with various Operations groups, Front Office Traders, Technology, Legal, etc. to mitigate risks associated with the documentation and support of derivative transactions.
• Ability to handle the day-to-day confirmation and related exception management processes for Equity, Rates, and Credit products.
• Strong relationship-building skills to enable you to interact effectively with all levels of management throughout the client including our executive team.
• With your innovative and can-do approach, you will build and foster an environment of innovation, highlight inefficiencies, risk and implement improvements to streamline our processes.

• Education/Accreditations:
• University or college degree
• Relevant work experience

• Self-starter with a high degree of initiative who can learn and adapt quickly
• Experience in leading and/or supervising team members.
• Excellent verbal and written communication skills.
• Ability to multi-task, meticulous attention to detail, and strong analytical capabilities.
• Solid understanding of regulatory rules and regulations impacting derivative operations.
• Strong organizational skills with the flexibility to support global businesses across different time zones
• Excellent analytical skills, able to multi-task and prioritize in a fast-paced environment
• Some software development experience with Python, VBA, or JAVA
• Highly organized and well-developed skills in negotiating and influencing with the ability to deal with conflicting points of view and to effect creative and responsive solutions

• MS Office- technical excel, PP would be ideal
• Experience in Project related work as the ability to schedule and meet deliverables will matter
• BA Experience

• VBA, Python, Java

• Securities operations are specific to confirmations.
• Operations experience is an asset if they work in a project-based team.
• Securities-based experience, even if it is outside of OTC deliverables would be okay

• As a top 10 North American bank, our client aims to stand out from its peers by having a differentiated brand – anchored in a proven business model and rooted in a desire to give its customers, communities, and colleagues the confidence to thrive in a changing world.
• Our client engages in providing financial products and services. They offer various financial products and services, telephone, Internet, and mobile banking services, retail and commercial banking services, and wealth management services. The Wholesale Banking segment provides capital markets, investment banking, corporate banking products, and investment needs to companies, governments, and institutions in financial markets.