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Randstad Logo Randstad · Banking

Operations Analyst Iii

Canada, Toronto · Job Posted June 01, 2026
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Job Description

As a Operations Analyst III, you will step into a vital, business-as-usual (BAU) role covering a maternity leave within a collaborative team of eight professionals. In this position, you will be responsible for cash management of external trading bank accounts and determining internal funding requirements. This role bridges the gap between various global front office partners, offshore offices, and external correspondent banks to mitigate risk and keep operations running smoothly. If you thrive in a fast-paced environment, possess intellectual curiosity, and love solving complex problems, this Operations Analyst III position is the perfect environment to elevate your career. This is an 18-month contract with possible extension or conversion. Hybrid, 4 days onsite in downtown Toronto.

Job Responsibility

  • Manage, analyze, and direct USD dollar payment flows for the main trading Nostro accounts using advanced liquidity tools
  • Investigate exceptional Nostro account balances and resolve discrepancies efficiently
  • Oversee the Daily Funding Requirement platform and manage internal funding relationship setups with various funding desks
  • Assist the manager in approving and releasing daily financial transactions
  • Provide supportive guidance to junior analysts on the team when operational issues arise
  • Ensure all transactions are processed accurately and on time while adhering strictly to industry regulations and Service Level Agreements (SLAs)
  • Identify opportunities for process improvement, automation, and risk reduction

Requirements

  • An undergraduate degree in Economics, Actuarial Science, Mathematics, Statistics, or a closely related quantitative field
  • At least 1 year of relevant operations experience within banking, a major financial institution, or a Big 4 firm. Open to new graduates with relevant co-op experience in a related field
  • Advanced proficiency in Microsoft Excel
  • A quick learner who possesses strong communication skills and the resilience to work effectively under pressure and tight deadlines

Nice to have

  • Previous experience working within a major bank or financial institution
  • Familiarity with Canadian banking financial products
  • An advanced degree (e.g., Master's Degree)
  • The ability to create VBA macros to drive automation and simplification

What we offer

  • Long-Term Stability: Enjoy the security of a long-term, 18-month contract
  • Growth Potential: While not guaranteed, there is a possibility for extension or permanent conversion based on performance and business needs
  • In-Depth Training: The team is dedicated to your success and will provide comprehensive, deep-dive training to get you up to speed
  • Work-Life Balance: Benefit from a predictable Monday to Friday schedule during core business hours, with overtime being a very rare occurrence
  • Premier Location: Work in a beautiful downtown Toronto office under a hybrid model requiring 4 days on-site per week
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