Associate, Toronto Repo Financing Services

Finance Professionals Inc.; Toronto; Hybrid; CAD 55,000 - 74,000; Full time

Job summary

FP Inc. in Downtown Toronto is seeking an Associate for Toronto Repo Financing Services to ensure all Tri-Party trades are booked, matched, funded, and allocated across BONY, JPM, and CCMS for both US and CAD currencies.

The successful candidate will perform daily Triparty allocation, provide start-of-day collateral positions to the Front Office, monitor GCF activity, and prepare daily management reports, with opportunities to improve existing procedures.

Qualifications

• 5–10 years of Fixed Income operations/settlements experience.
• Proficient in Excel and Word.
• Experience with BONY, DTC and GSCC settlements.
• Familiar with BONY Access Edge, JPM Markets, and CCMS.
• Strong attention to detail and analytical skills.

Responsibilities

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

Skills

Fixed Income Ops

Excel & Word

ADP BPS APEX ICI

BONY DTC GSCC

JPM Markets CCMS

Education

Related field degree

Tools

ADP BPS APEX ICI systems

BONY Access Edge

JPM Markets

CCMS

Job description

JOB DESCRIPTION

Location: Hybrid (Downtown, Toronto)

Duration: 12 months

Our client, a leading financial institution in Downtown Toronto, is looking for an Associate, Toronto Repo Financing Services to ensure all Tri-Party trades are booked, matched, funded, and allocated across BONY, JPM, and CCMS for both US and CAD currencies. The successful candidate will have the opportunity to work with one of the Top 5 Banks in Canada.

Typical Day in role:

• Perform daily Triparty 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 Triparty 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 Triparty Audit Requests

Must-Have Skills:

• 5 to 10 years of Fixed Income experience in Operations/Settlements
• Experience using Microsoft Excel & Word
• Solid experience using ADP/BPS, APEX & ICI processing systems
• Knowledge of settlements via BONY, DTC & GSCC
• Experience using Bony Access Edge, JPM Markets and CCMS

Nice-To-Have Skills:

• Experience running projects and coordinating with different groups
• Experience documenting and updating standing procedures

Soft Skills Required:

• Detail oriented/organized and results-driven
• Strong analytical skills
• Excellent communication skills

Education:

• Highest level of education in a related field

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$40 - C$54. 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.