Analyst, Middle Office

Laurentian Bank; Toronto; Hybrid; CAD 70,000 - 90,000; Full time

Benefits offered by this job

Hybrid work model

Floating days and leave options

Birthday day off

EFAP

Job summary

Laurentian Bank Securities is seeking a diligent Analyst for the Middle Office to support traders and sales in fixed income and related divisions. You will collaborate with Operations, Compliance, and Finance, contributing to daily oversight and process improvements.

The role emphasizes data integrity, securities inventory management, and timely reconciliation, with a strong focus on supporting trades, settlements, and regulatory reporting in a dynamic Canadian environment.

Qualifications

• 3 - 5 years of experience in middle or back office operations with an excellent understanding of fixed income & equity products.
• Bachelor’s degree in Finance or Economics is preferred.
• Proficiency in Excel and VBA is a must.

Responsibilities

• Provide reports for internal teams and external bodies.
• Maintain and update securities data files and references.
• Reconcile and manage daily P&L and settlements; support straight-through processing.

Skills

Fixed income

Equity products

Excel

VBA

Education

Bachelor’s degree in Finance or Economics

Tools

DSTS

Fidessa

Omgeo

Candeal

Arrow

Job description

Founded in Montreal in 1846, Laurentian Bank is committed to serving its customers and fostering deep relationships with specialized groups. Laurentian Bank runs operations across Canada – primarily in Québec and Ontario – as well as in the United States and competes where it sees market opportunity and has an edge, while harnessing the power of partnerships and collaboration.

This role sits within Laurentian Bank Securities.

The Middle Office team at LBS supports several of the organisation’s business lines in their day-to-day activities as well as in a role of oversight and control. The team plays a transversal role within the organisation providing expertise on systems and processes throughout the institutional divisions

Laurentian Bank Securities is looking for a person to fill the role of Analyst, Middle Office. Under the supervision of the Senior Manager, Middle Office, the selected candidate will provide support to the traders & sales team within the fixed income institutional division as well as the other divisions as required. The associate will collaborate with the other Middle office team members as well as with other areas within LBS including Operations, Compliance and Finance. This is a full-time position that offers a novel Vantage point on the inner workings of an integrated investment dealer in Canada.

Responsibilities

• Provide a variety of reports, internally as well as for self-regulatory organisations including Bank of Canada & various borrowers;
• Play an integral role in the management of the firm’s internal securities inventory management system (BondOne-DSTS, Fidessa etc.);
• Update securities data files, including CMBS, NHA MBS pools, OTV and Inflation-linked notes;
• Maintain documentation for existing customer accounts and coordinate the opening of new customer accounts;
• Manage trades that are not matched between trade and settlement date;
• Resolve settlement problems and manage requests from clients
• Confirm inter-dealer broker and client transactions, & assist in the trade allocation process;
• Verify allocations of futures contracts and provide daily mark to market;
• Reconcile & complete the daily & monthly P&L reporting for the LBS institutional activity;
• Co-ordinate new issues with sales, trading and clients;
• Ensure internal liaison between various divisions within LBS and Laurentian Bank Financial Group;
• Responsible for supporting Straight Through Processing on electronic trading systems;
• Build on procedural efficiencies and update procedures as needed;
• Participate in projects, as required.

Qualifications

• 3 - 5 years of experience in middle or back office operations with an excellent understanding of fixed income & equity products;
• Bachelor’s degree in Finance or Economics, an asset;
• Ability to work in a dynamic, hands-on and fast paced environment;
• High level of professional ethics, detail oriented with accuracy in outputs;
• Ability to investigate and resolve problems;
• Strong team player with a collaborative approach;
• Knowledge of a variety of trading & settlements systems including DSTS, Fidessa, Omgeo, Candeal, Arrow;
• Proficiency in Excel a must, with VBA knowledge, an asset.

What Laurentian Bank Has To Offer You

The total compensation offered by Laurentian Bank encompasses a comprehensive range of benefits, highlighting our commitment to the well-being and success of our employees.

• The actual annual base salary offered will take into account internal equity, skills, and experience among other factors.
• Total compensation: Earn a comprehensive compensation package that includes annual reviews and performance-based bonuses.
• Work model: We prioritize a hybrid work model based on business needs.
• Time off: In addition to paid vacation, we provide floating days and leave options to accommodate the diverse needs of our employees. As and extra perk, you also get a day off to celebrate your birthday.
• Health and wellness: Take care of your health and well-being with access to healthcare professionals, our Employee and Family Assistance Program (EFAP), and a Stress Management and Well-Being Program.
• Group insurance and pension: We offer a competitive insurance program based on your family’s needs and a defined contribution pension plan to help prepare for your future.
• Financial benefits: Enjoy exclusive deals and preferred rates on products and services including insurance, hotels, train tickets, spas and many more.

We are committed to creating a fulfilling professional environment where your skills are valued, and your well-being is a priority. Join us for a rewarding career at Laurentian Bank.

Inclusion and Accessibility

At Laurentian Bank, we believe everyone belongs. We are committed to fostering an inclusive work environment that reflects the diversity of our customers and our communities and where everyone feels like they belong and can thrive. To this end we encourage applications from individuals from equity-deserving groups, including Indigenous persons, racialized and persons with disabilities, marginalized genders and the 2SLGBTQIA+ community.

We strive to offer a flexible and accessible work experience that is inclusive of everyone. If at any time you need an accommodation, please let us know.

PIPEDA

We may collect, use or disclose your personal information for the purpose of establishing an employment relationship with you.

We also use artificial intelligence (AI) tools during parts of our recruitment process to support fair and efficient hiring decisions.