Associate, Repo Financing Services – Tri-Party Repo

Procom; Toronto; Hybrid; CAD 90,000 - 120,000; Full time

Job summary

Procom is seeking an Associate for Repo Financing Services – Tri-Party Repo in Toronto. This 12-month contract role is hybrid, with 4 days onsite at the client’s office.

The candidate will support the Repo Desk in tri-party allocation, booking, funding, and allocation across platforms, managing USD and CAD funding requirements. Responsibilities include daily tri-party allocation, collateral positioning, GCF processing, cash projections, and reporting.

Qualifications

• 5 to 10 years Fixed Income experience in Operations/Settlements
• Must-Have CCMS proficiency Experience
• Experience with Access Edge and JPM Markets, doing actual tri-party
• Knowledge of settlements via BONY, DTC & GSCC
• Excellent communication skills
• Detail oriented / organized and results driven
• Strong analytical skills
• Problem-solving abilities
• Teamwork and collaboration skills

Responsibilities

• Perform daily Tri-party allocation
• Provide start of day collateral positions to the Front Office
• Ensure timely processing of daily GCF transactions
• Monitor Net Free Equity and Liquidity
• Provide daily cash projections & perform daily collateral analysis
• Research and address any overnight Tri-party cash & position breaks
• Prepare daily management reports
• Ensure proper EOD funding
• Coordinate within the team to accomplish required goals
• Help to improve or enhance existing procedures and processing
• Address and confirm any incoming Tri-party Audit Requests

Skills

Fixed Income experience

CCMS proficiency

Access Edge

JPM Markets

BONY/DTC/GSCC knowledge

Communication skills

Detail oriented

Analytical skills

Problem-solving

Teamwork

Tools

CCMS

Access Edge

JPM Markets

BONY

DTC

GSCC

Job description

Associate, Repo Financing Services – Tri-Party Repo:

On behalf of our Banking client, Procom is searching for an Associate, Repo Financing Services – Tri-Party Repo for a 12-month role. This position is a hybrid position with 4 days onsite at our client’s Toronto office.

This role involves providing support to the Repo Desk for Tri-party Allocation, ensuring all trades are accurately booked, matched, funded, and allocated across various platforms. The candidate will be responsible for managing funding requirements for significant USD and CAD portfolios.

• Perform daily Tri-party allocation
• Provide start of day collateral positions to the Front Office
• Ensure timely processing of daily GCF transactions
• Monitor Net Free Equity and Liquidity
• Provide daily cash projections & perform daily collateral analysis
• Research and address any overnight Tri-party cash & position breaks
• Prepare daily management reports
• Ensure proper EOD funding
• Coordinate within the team to accomplish required goals
• Help to improve or enhance existing procedures and processing
• Address and confirm any incoming Tri-party Audit Requests

Associate, Repo Financing Services – Tri-Party Repo - Mandatory Skills:

• 5 to 10 years Fixed Income experience in Operations/Settlements
• Must-Have CCMS proficiency Experience
• Experience with Access Edge and JPM Markets, doing actual tri-party
• Knowledge of settlements via BONY, DTC & GSCC
• Excellent communication skills
• Detail oriented / organized and results driven
• Strong analytical skills
• Problem-solving abilities
• Teamwork and collaboration skills

This is a 12-month contract position.

ASAP.

Toronto, Ontario, Canada. This position is hybrid with 4 days in the office.