Business Analyst - Fixed Income Middle Office

Global Technical Talent, an Inc. 5000 Company; Toronto; Hybrid; CAD 75,768 - 85,411; Full time

Job summary

The Compression and Derivative Support team (CMPIRD) is part of a leading financial institution's Fixed Income Middle Office (FIMO). The team supports post-trade activity across Interest Rate Derivatives, including portfolio compressions, brokerage and fee processing, and ad hoc lifecycle events that may impact funding, risk, or P&L.

CMPIRD works closely with other FIMO teams and global stakeholders to ensure accurate processing and effective controls.

Qualifications

• Middle office experience
• Fixed income experience
• Product experience (interest rate products, brokerage, rate cards, or similar)
• Strong communication skills
• Excel / VBA / formulas
• Compression experience
• AI assistant experience
• 5 years of Business Analysis experience
• 5 years of Capital Markets (Fixed Income) experience
• 5 years of Interest Rate Derivatives experience
• 5 years of Middle Office experience
• 1 year of Artificial Intelligence experience
• 1 year of Compression experience
• 1 year of Excel VBA experience
• Working in a middle office environment with interest rate products, brokerage, rate cards, or similar

Responsibilities

• Support daily CMPIRD activities during Toronto business hours
• Assist with Global CCP Portfolio Compression processes and reporting
• Support reconciliation, validation, and payment of Interest Rate Derivative brokerage and fees
• Investigate and help resolve trade-level cash breaks and discrepancies
• Perform ad hoc bulk lifecycle actions and support corporate action postings
• Respond to queries relating to Risk, P&L, and Funding differences
• Work closely with global FIMO teams to support post-trade lifecycle maintenance
• Assist with updating procedures and supporting control and audit requirements
• Participate in process improvement and change initiatives

Skills

Middle office experience

Fixed income experience

Product experience

Strong communication

Tools

Excel

VBA

Formulas

Compression experience

AI assistant experience

Job description

Business Analyst - Fixed Income Middle Office

Location

Toronto, ON

Onsite Flexibility

Hybrid – 3 days on-site

Contract Details

• Position Type: Contract
• Contract Duration: 8 months
• Pay Rate: C$55.00–C$62.00 / Hour (CAD)
• Shift / Schedule: Monday–Friday, core business hours; overtime as needed
• Travel Requirements: Not required

Job Summary

The Compression and Derivative Support team (CMPIRD) is part of a leading financial institution's Fixed Income Middle Office (FIMO). The team supports post-trade activity across Interest Rate Derivatives, including portfolio compressions, brokerage and fee processing, and ad hoc lifecycle events that may impact funding, risk, or P&L. CMPIRD works closely with other FIMO teams and global stakeholders to ensure accurate processing and effective controls. FIMO is a strategic growth area, offering strong development opportunities for individuals looking to build a career in Fixed Income operations.

Key Responsibilities

• Support daily CMPIRD activities during Toronto business hours
• Assist with Global CCP Portfolio Compression processes and reporting
• Support reconciliation, validation, and payment of Interest Rate Derivative brokerage and fees
• Investigate and help resolve trade-level cash breaks and discrepancies
• Perform ad hoc bulk lifecycle actions and support corporate action postings
• Respond to queries relating to Risk, P&L, and Funding differences
• Work closely with global FIMO teams to support post-trade lifecycle maintenance
• Assist with updating procedures and supporting control and audit requirements
• Participate in process improvement and change initiatives

Required Skills

• Middle office experience
• Fixed income experience
• Product experience (interest rate products, brokerage, rate cards, or similar)
• Strong communication skills

Preferred Skills

• Excel / VBA / formulas
• Compression experience
• AI assistant experience

Required Experience

• 5 years of Business Analysis experience
• 5 years of Capital Markets (Fixed Income) experience
• 5 years of Interest Rate Derivatives experience
• 5 years of Middle Office experience

Nice-to-Have Experience

• 1 year of Artificial Intelligence experience
• 1 year of Compression experience
• 1 year of Excel VBA experience
• Working in a middle office environment with interest rate products, brokerage, rate cards, or similar

Work Environment / Physical Requirements

• Hybrid work model – 3 days on-site per week
• Approximately 3 hours per week in meetings
• Primarily internal team interactions
• Contractor will have access to customer data
• No rotation requirement
• Training period of approximately 1 month

About the Client

This financial services organization is one of North America's largest financial institutions and the sixth-largest bank on the continent by branches, serving approximately 22 million customers across Canada, the United States, Europe, and the Asia-Pacific region and headquartered in Toronto, Ontario. The institution operates a full-service financial platform spanning personal and commercial banking, wealth management, insurance, and payment solutions, delivered through a team of over 85,000 employees worldwide. Teams span retail banking advisors, commercial lenders, wealth management professionals, risk analysts, and technology specialists — making it an exceptional environment for professionals in fixed income operations, business analysis, and capital markets.

About GTT

GTT is a minority-owned staffing firm and a subsidiary of Chenega Corporation, a Native American-owned company in Alaska. We highly value diverse and inclusive workplaces and support Fortune 500 organizations across banking, financial services, technology, life sciences, biotech, utilities, and retail sectors throughout the U.S. and Canada.

Job Number: 26-08437 Industry: Operations & Management

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