Location: Toronto, ON
Onsite Flexibility: Hybrid 4 days onsite, 1 day work from home
- Position Type: Contract
-
Contract Duration: 8 months (with possibility of extension and conversion based on business needs and performance)
-
Pay Rate: C$40.00 C$50.00 / Hour (CAD)
-
Shift / Schedule: Monday Friday, core business hours 37.5 hours per week, 7.5 hours per day; overtime potential
-
Travel Requirements: Not required
-
A Senior Analyst within Collateral Management will primarily be focused on the effective and efficient mitigation of counterparty credit risk. Senior Analysts are responsible for managing counterparty credit risk as well as for demonstrating innovation and a proactive approach to risk mitigation by highlighting inefficiencies, risks, and implementing improvements. The role will involve close partnership and interaction with a wide range of areas, including credit, middle office, legal, front office, settlements, and corporate treasury. As a result, the successful candidate will be required to possess strong communication skills.
-
Core responsibilities include, but are not limited to:
-
Daily monitoring of client portfolios, issuing and receiving collateral calls to ensure the firm's credit risk is mitigated
-
Ensure margin tickets are accurately entered into the collateral system
-
Extensive interaction with clients
-
Ensure process reviews are conducted in accordance with Global Short-term Markets Policy
-
Resolution and escalation of collateral issues
-
Reconciliation of repo collateral statements upon margining disputes
In addition to core responsibilities, Analysts are also expected to:
-
Contribute their own ideas to make a difference and add value to the group
-
Ongoing, proactive risk management via staying abreast of risk issues in the capital markets and assessing impacts on our exposures
-
Seek opportunities to increase operational efficiency and lower operational risk through process reengineering
-
Perform a number of control functions, ensuring the integrity of our processes
-
Establish an environment that promotes respect for the individual employee and adheres to the policies and guidelines of the Bank
-
- 5 years of capital markets experience or relevant collateral management experience
-
Strong fixed income background
-
Good Excel skills (VLOOKUPs, pivot tables, etc.)
-
Strong communication skills verbal and written
-
Self-starter with a high degree of initiative and the ability to learn and adapt quickly
-
Strong analytical skills and attention to detail
-
Strong interpersonal skills
-
-
- Post-secondary education required
-
FRM or CFA designation is an asset
-
- Minimum 5 years of capital markets experience or relevant collateral management experience
-
-
Medical, Vision, and Dental Insurance Plans
-
401k Retirement Fund
-
This client is a top 10 North American banking institution offering comprehensive retail, commercial, and wealth management solutions across Canada and the United States. With a large-scale presence spanning major financial centres on both sides of the border, the organization employs tens of thousands of professionals across roles in risk management, capital markets, compliance, technology, and client services making it one of the most significant employers in the financial services sector.
-
GTT is a minority-owned staffing firm and a subsidiary of Chenega Corporation, a Native American-owned company in Alaska. We highly value diverse and inclusive workplaces and support Fortune 500 organizations across banking, financial services, technology, life sciences, biotech, utilities, and retail sectors throughout the U.S. and Canada.
-
Job Number: 26-12074 Industry: Finance & Accounting
#LI-Hybrid #LI-GTT #gttca
