Business Analyst I #26-19895

Duration: 1 Year Contract (Extension and Conversion Possible)
Schedule: Monday to Friday, Core Business Hours (9:00 AM to 5:30 PM). Optional overtime may be required on occasion.

Job Description:

• Our client is seeking an Operations Analyst to support Fixed Income trading activities within Global Operations.
• This role focuses on collateral settlements, reconciliations, cash settlements, exception management, and operational support across Fixed Income products.
• The successful candidate will work in a collaborative team environment and contribute to process improvements, operational excellence, and high-quality service delivery.
• Hybrid work model with onsite presence required 3 days per week (Monday to Wednesday), with a possibility of increasing to 4 days onsite in the future.

Responsibilities:

• Process collateral settlement activities supporting Fixed Income trading operations.
• Process cash Principal and Interest settlements in Loan IQ for CSA agreements.
• Execute cash settlements utilizing SWIFT messages (MT202, MT103) for Variation Margin, Initial Margin, and Repo Margin transactions.
• Manage and resolve operational exceptions arising from trade discrepancies, reconciliations, depository breaks, and cash breaks.
• Perform reconciliation of internal accounts and depository balances through both manual and automated processes.
• Develop and maintain strong working relationships with internal and external stakeholders.
• Support ad hoc operational requests and business initiatives.
• Participate in process improvement, analysis, testing, and implementation activities.
• Assist with project initiatives, including test case development and execution.
• Maintain and update operational procedures and documentation.
• Follow escalation procedures and ensure adherence to established operational controls and policies.
• Deliver high-quality service and support to business partners and clients.

Experience:

• Must have: 1 to 2 years of Capital Markets experience.
• Must have: Sound knowledge of Canadian and U.S. Fixed Income settlements.
• Must have: Settlements and payments experience.
• Must have: Experience interpreting and processing transactions within defined operational procedures and SLA requirements.
• Experience with collateral management, securities lending, repo transactions, and reconciliations is preferred.
• Strong organizational, analytical, interpersonal, and time management skills.
• Ability to manage multiple priorities in a fast-paced operational environment.
• Commitment to completing the full duration of the contract assignment.

Skillsets:

• Capital Markets Operations
• Fixed Income Settlements
• Canadian Fixed Income Products
• U.S. Fixed Income Settlements
• Reconciliations
• Payments Processing
• Collateral Settlements
• Repo Transactions (GMRA)
• Securities Lending
• CSA Agreements
• Loan IQ
• SWIFT Messaging (MT202, MT103)
• Exception Management
• Risk Awareness and Operational Controls
• Process Improvement and Testing

Education: Bachelor's degree or equivalent experience preferred.

Certifications: Canadian Securities Course (CSC) or other Finance certifications.
Shift Hours: Monday to Friday, 9:00 AM to 5:30 PM.

About US Tech Solutions:
US Tech Solutions is a global staff augmentation firm providing a wide range of talent on-demand and total workforce solutions. To know more about US Tech Solutions, please visit www.ustechsolutions.com.
US Tech Solutions is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

AI Statement: By applying, you acknowledge that AI-assisted tools may be used during hiring.

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