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Securities Operations Analyst

Canada, Toronto 30.00 - 32.00 USD / Hour · Job Posted May 14, 2026
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Job Description

Our client, a leading global financial institution, is seeking an Operations Analyst to join their Global Operations team on a long-term contract. This role supports Fixed Income trading activities, with a focus on collateral and cash settlements within a fast-paced capital markets environment. The successful candidate will play a key role in ensuring accurate and timely settlement processing, reconciliation, and exception management while collaborating closely with internal stakeholders and external partners. This is an excellent opportunity for early-career professionals to deepen their expertise in Fixed Income operations and transaction lifecycle management. This is a hybrid position based at Toronto, with onsite requirements currently set at three days per week (Monday to Wednesday), with potential to increase.

Job Responsibility

  • Execute key operational processes supporting collateral settlements for Fixed Income trading
  • Process principal and interest settlements using Loan IQ for CSA agreements
  • Perform cash settlements via SWIFT messages (MT202, MT103) for margin and repo activities
  • Reconcile internal accounts, depository balances, and investigate discrepancies
  • Identify, analyze, and resolve settlement and reconciliation exceptions
  • Manage breaks related to trade discrepancies, system feeds, and trade vs. transfer reports
  • Collaborate with internal teams, custodians, and external partners to resolve issues efficiently
  • Support ongoing process improvements, testing, and implementation initiatives
  • Maintain and update procedural documentation in line with operational changes
  • Ensure compliance with internal policies, controls, and escalation procedures
  • Deliver high-quality service to stakeholders while meeting defined SLAs

Requirements

  • 1–2 years of experience in Capital Markets operations
  • Strong knowledge of Canadian and U.S. Fixed Income settlements
  • Experience with settlements, payments, and reconciliation processes
  • Understanding of transaction lifecycle for Fixed Income products (e.g., Repo, Securities Lending)
  • Advanced proficiency in Microsoft Office (Excel, VBA preferred)
  • Strong analytical, organizational, and time management skills
  • Ability to interpret and make decisions within defined operational guidelines
  • Post-secondary degree in Finance, Business, or a related field
  • Canadian Securities Course (CSC) or other relevant financial certification (preferred/required)

Nice to have

  • Experience with SWIFT messaging (MT202, MT103)
  • Familiarity with Loan IQ or similar settlement systems

What we offer

  • Opportunity to gain hands-on experience within a top-tier capital markets environment
  • Exposure to Fixed Income products, collateral management, and global settlement processes
  • Long-term contract with potential for extension and conversion
  • Collaborative team environment with strong learning and development opportunities
  • Involvement in process improvement initiatives and operational projects

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