Associate Director - Security Finance

iA Financial Group; Toronto; On-site; CAD 120,000 - 180,000; Full time

Benefits offered by this job

Hybrid work model

Stock purchase plan

Competitive pension plan

Wellness and personal development days

Telemedicine

Job summary

iA Financial Group is seeking an Associate Director - Security Finance to lead operations across securities lending, borrowing and matched-book activities within a hybrid Toronto team. You will manage lifecycle events, collateral optimization and stakeholder coordination with trading desks, custodians and counterparties.

The role emphasizes operational discipline, client service excellence and continuous improvement across the securities finance lifecycle.

Qualifications

• Strong operational discipline, sound judgement and attention to detail.
• Understanding securities lending, borrowing, matched-book financing and the lifecycle of securities finance transactions.
• Experience with broker-dealers, custodians, agent lenders and institutional counterparties.
• Ability to manage lifecycle events: matching, re-rates, recalls, returns, settlements and exceptions.
• Understanding collateral management and collateral optimisation concepts.
• Strong analytical, organizational and problem-solving skills.
• Clear communication and ability to coordinate across trading, operations and external counterparties.
• Collaborative, adaptable and able to operate in evolving processes, systems and market practices.
• Continuous-improvement mindset with interest in automation and scalable operating models.
• Experience in securities finance or related financial services; EquiLend experience is a plus.
• French (intermediate) is a helpful asset.

Responsibilities

• Support the full lifecycle of securities lending, borrowing and matched-book transactions from trade execution through final return.
• Monitor trade capture, matching, settlement status and transaction processing.
• Act as primary contact with counterparties for transaction-related activities.
• Coordinate trade comparison, matching, re-rates, recalls and returns.
• Investigate and resolve trade-related exceptions with counterparties and custodians.
• Monitor inventory and borrowing requirements to support trading and settlements.
• Oversee collateral optimisation, including allocation decisions and funding efficiency initiatives.
• Monitor collateralisation via Triparty platform and RQV instructions.
• Support onboarding of new counterparties and trading relationships.
• Participate in system enhancements, workflow improvements and automation initiatives.

Skills

operational discipline

securities finance knowledge

collateral management

trade lifecycle

communication

analytical skills

collaboration

continuous improvement

French language (intermediate)

EquiLend

brokerage counterparties

Tools

EquiLend platform

Job description

Job Description Associate Director - Security Finance Build the future with us

Are you driven by operational excellence in capital markets and looking to contribute to a growing securities finance platform? As part of the Securities Finance Trading team, you will play a key role in supporting iA’s securities lending, borrowing and matched-book activities across equities and fixed income. This function sits within the Front Office and is central to the execution and management of securities finance transactions throughout their lifecycle. You will work closely with the Securities Finance Trading Desk, counterparties, custodians and internal stakeholders to ensure trades are accurately executed, maintained and optimised. You will also be responsible for collateral optimisation activities and act as a primary operational contact for transaction-related matters. This is an excellent opportunity to apply your capital markets expertise in a specialised and growing area of the market, while contributing to a caring and trusted organisation where collaboration, development and continuous improvement are at the heart of how we work.

What you’ll accomplish with us

• Support the full lifecycle of securities lending, borrowing and matched-book transactions, from trade execution through final return.
• Manage and monitor trade capture, matching, settlement status and transaction processing throughout the lifecycle of each trade.
• Act as the primary point of contact with counterparties for transaction-related activities and inquiries.
• Coordinate and oversee trade comparison, matching, re-rates, recalls, returns and other lifecycle management activities.
• Investigate and resolve trade-related exceptions in conjunction with counterparties, custodians and internal stakeholders.
• Monitor inventory availability and borrowing requirements to support trading and settlement activity.
• Manage collateral optimisation activities, including collateral allocation decisions, utilisation monitoring and funding efficiency initiatives.
• Monitor collateralisation through the Triparty platform, including RQV instructions, collateral allocation status and eligible collateral requirements.
• Work closely with the Securities Finance Trading Desk to support execution, liquidity management, client servicing and business growth initiatives.
• Assist with onboarding new counterparties, products and trading relationships from a transaction management perspective.
• Participate in the implementation of system enhancements, workflow improvements and automation initiatives that strengthen the securities finance platform.
• Maintain procedures and controls related to transaction processing and upscale material issues, operational risks or control concerns when appropriate.

What could accelerate your success in this role

• Is recognised for strong operational discipline, sound judgement and attention to detail.
• Understands securities lending, borrowing, matched-book financing and the operational lifecycle of securities finance transactions.
• Has experience interacting with broker-dealers, custodians, agent lenders and institutional counterparties.
• Is comfortable managing trade lifecycle events including matching, re-rates, recalls, returns, settlements and transaction exceptions.
• Possesses a strong understanding of collateral management and collateral optimisation concepts.
• Demonstrates strong analytical, organisational and problem-solving skills.
• Communicates clearly and can effectively coordinate activities across trading, operations and external counterparties.
• Is collaborative, adaptable and able to operate in a specialised area where processes, systems and market practices continue to evolve.
• Brings a continuous-improvement mindset, with an interest in automation, process efficiency and scalable operating models.
• Has experience in securities finance, capital markets, funding, collateral management, brokerage operations or a related financial services environment.
• Experience with EquiLend and securities finance trade management platforms would be considered a strong asset.
• Intermediate proficiency in French is an asset, as the candidate will collaborate daily with our French-speaking business partners.

Why you’ll love working with us

• A work environment where learning and development merge with a collective pursuit of excellence;
• A healthy, safe, fair, and inclusive environment where potential can be freely expressed and developed;
• The opportunity to work in a hybrid environment, supported by flexibility and access to inspiring and innovative workspaces;
• Competitive benefits: Flexible group insurance, competitive pension plan, stock purchase plan, vacation and wellness/personal development days, telemedicine, employee and family assistance program, ergonomic furniture program, performance bonus, discounts on iA products, and much more!

Location(s) Toronto / 26 Wellington Street East Other Possible Location(s) Company Industrial Alliance Investment Management Inc. Posting End Date 2026-10-30

Company Overview

iA Financial Group* is the strength of a company with a human side, with its over 8,000 employees. Together, we have earned the trust of our more than four million clients and 25,000 advisors who have chosen us for their insurance, savings, and wealth management. With over $200 billion in assets and half a billion invested in technological innovation, we’re a key player in the financial services industry in Canada and the United States. The secret to our success? Investing in you, one person at a time. Because, for over 125 years, we have believed that it’s by supporting our employees and surrounding ourselves with the most reputable leaders in the industry, we will continue to innovate. At iA, we’re invested in you.

* iA Financial group includes of the following entities: iA Services financiers, iA assurance auto et habitation, iA Gestion privée de patrimoine, PPI Management, Investia, iA Gestion de placements, Prysm, iA Clarington, Michel Rhéaume et associés, Garanties Nationales, WGI Manufacturing, WGI Service Plan Division, Lubrico, iA Financement auto

Our Commitment to Diversity and Inclusion

At iA Financial Group, we support and celebrate diversity.

We strive to provide a workplace that is recognized as inclusive for all, regardless of ethnic origin, nationality, language, religious beliefs, gender, sexual orientation, age, marital status, family situation, or physical or mental disability.

Please note that if you need help or assistance to make the recruitment process more accessible for you, please Contact us here. Someone from our team will be happy to assist you with your needs.

As a reflection of our employees’ appreciation and engagement, iA once again stands out this year as one of Canada’s top employers according to Forbes.

In 2026, iA Financial Group also ranks 1st among major publicly traded Canadian insurers.

At iA Financial Group, our differences make us unique.

We are committed to supporting and celebrating diversity because we believe that it is by bridging our differences that we will be stronger.

Our employees’ wellbeing is our priority.

We are also committed to creating a stimulating and safe work environment, in addition to offering a real work-life balance with our flexible work model.

As a reflection of our employees’ appreciation, iA has been ranked as one of the top employers in Canada in 2023 by Glassdoor and Forbes.