Collateral Analyst (Ontario)

Collateral Analyst (Ontario)

03 Oct
|
FP
|
Ontario

03 Oct

FP

Ontario

JOB DESCRIPTION Location: Hybrid (Downtown, Toronto)
Duration: 6 months
Our client, a leading financial institution in Downtown Toronto, is looking for a Collateral Analyst to Issue and respond to OTC collateral margin calls. The successful candidate will have the chance to work with one of the Top 5 Banks in Canada.
Typical Day in role: Variation and Initial Margin Requirements Validating and ensuring all margin calls are issued on a timely basis and perform end to end margin processes
Ensure agreement and transfer of eligible credit support within specified timeframe in accordance to the terms of the CSA
Management of collateral inventory (non-cash) positions to ensure sufficient levels to fulfill daily margin requirements,
Instruct and approve collateral movements via SWIFT/email and or FAX
Perform cash forecasting as required intra-day
Perform portfolio and collateral reconciliations with counterparties
Escalate all issues as per agreed terms and standing orders
Responding to inquiries on a timely basis
Operational Controls and Reporting Involved in business user testing for enhancements and system integration
Operational onboarding of new and/or existing counterparties for applications and services related to the collateral management process
Updating of procedure documents as required
Ensuring client data is accurately maintained in the collateral management system and other documents as required
Assist in preparation of margin requirement/funding report and other ad-hoc reports as required




Administrative Respond to audit requests
Provide extended coverage during absence of team members (e.g. vacation)
Must-Have Skills: 1 to 4 years of experience in the financial industry, preferably Capital Markets
Understanding of RBFG risk policies and standing orders
Proficient in use of Microsoft Office suite (adept in Excel)
Knowledge of Capital Market products, trade systems and business lines
Working knowledge of derivative products and related documentations
Nice-To-Have Skills: CSC or CFA certifications
Soft Skills Required: Demonstrated ability to multitask effectively and work in a fast-paced environment
Strong analytical and problem-solving skills
High degree of accuracy and attention to detail
Excellent verbal, written, and interpersonal skills, and the ability to work collaboratively with diverse groups of people across the organization
Education: Bachelor’s/ Master’s in Finance
FP Inc. is committed to creating an inclusive environment where all team members and clients feel like they belong. In accordance with the requirements set out in the Employment Standards Act, FP Inc. hereby declares that AI is utilized in the screening process for this position. The hourly compensation range for this role is C$30 - C$47. We seek applicants with a wide range of abilities, and we provide an accessible candidate experience. We advocate for you and welcome anyone regardless of race, colour, religion, national origin, sex, physical or mental disability, or age.

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📌 Collateral Analyst (Ontario)
🏢 FP
📍 Ontario

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