Business Analyst I - TDJP00058031

As a Business Analyst I, 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 Business Analyst I 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.

Advantages
-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.

Responsibilities
-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

Qualifications
Must-Haves:
-Education: An undergraduate degree in Economics, Actuarial Science, Mathematics, Statistics, or a closely related quantitative field.
-Experience: 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!
-Technical Skills: Advanced proficiency in Microsoft Excel.
-Soft Skills: A quick learner who possesses strong communication skills and the resilience to work effectively under pressure and tight deadlines.

Nice-to-Haves:
-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.

Summary
This Business Analyst I role is an incredible launchpad into the world of capital markets and funding operations. Offering a robust 18-month contract, exceptional training, and a collaborative hybrid team environment, it is an ideal match for an analytical mind eager to make an impact. If you are ready to challenge yourself and build a stellar foundation with an industry leader, we want to hear from you.

Apply today through Randstad to take the next step in your professional journey!

Randstad Canada is committed to fostering a workforce reflective of all peoples of Canada. As a result, we are committed to developing and implementing strategies to increase the equity, diversity and inclusion within the workplace by examining our internal policies, practices, and systems throughout the entire lifecycle of our workforce, including its recruitment, retention and advancement for all employees. In addition to our deep commitment to respecting human rights, we are dedicated to positive actions to affect change to ensure everyone has full participation in the workforce free from any barriers, systemic or otherwise, especially equity-seeking groups who are usually underrepresented in Canada's workforce, including those who identify as women or non-binary/gender non-conforming; Indigenous or Aboriginal Peoples; persons with disabilities (visible or invisible) and; members of visible minorities, racialized groups and the LGBTQ2+ community.

Randstad Canada is committed to creating and maintaining an inclusive and accessible workplace for all its candidates and employees by supporting their accessibility and accommodation needs throughout the employment lifecycle. We ask that all job applications please identify any accommodation requirements by sending an email to accessibility@randstad.ca to ensure their ability to fully participate in the interview process.