Functional Analyst - Toronto, Canada - Enomics LLC

Description

• Investment Operational experience in OTC Derivative products, preferably with experience in a Trade Settlements and reconciliation for equity derivatives, commodities, credit, futures, and foreign exchange (FX) products
• Drafting, Confirmations, Affirmations, Settlements and or Middle office exposure
• Experience with Microsoft Office, TLM, BESS, PEGA
• 2+ years of work experience in the above listed products.
• 13 years of Reconciliation and Accounting Background Experience
• Ability to understand business language and translate into technical terminology

• Affirm / confirm cash settlement for executed deals with the various counterparties
• Transmit cash instructions to custodians, administrators and other relevant third parties
• Liaison with custodians, administrators, counterparties, Middle Office and Trade Documentation teams to resolve affirmation / confirmation discrepancies and / or settlement failures
• Supporting multiple regions i.e., Toronto, London, Ireland, New York, and Asia Pacific for various business lines including FX, Derivative Products, Security Settlements, Money Market, Collateral, Futures, Lending Services and Finance
• Work with IT and management to improve systems and processes with a view to constantly improving controls and efficiency
• Timely and accurate reconciliation of the Bank's cash accounts held at other Banks and internal Inter Branch Accounts in strict compliance with Bank standards and regulatory requirements
• Actively pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of daytoday business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk
• Maintain and exchange static data and settlement instructions for all legal entities
• Perform upfront/ termination/ and exercise fee settlement and reset and roll calculations for relevant OTC deals as required
• Promptly identify, track and settle all outgoing and incoming payments
• Analyze the breaks triggered due to booking issues, settlement issues and resolve in quicker manner
• Monitor the data feed for position reconciliation, identify the gaps, perform root cause analysis, and update the relevant stakeholder for faster resolution
• Contributes to the effectiveness of the team by working closely with colleagues by sharing information, skills, and responsibilities

• Dental care

• 8 hour shift

• Account reconciliation: 1 year (required)
• Corporate finance: 1 year (required)
• Settlement: 1 year (required)
• Credits: 1 year (required)