Collateral Analyst

Spectraforce; Toronto; Hybrid; CAD 90,000 - 130,000; Full time

Job summary

Spectraforce in Toronto seeks a Senior Analyst for Collateral Management to mitigate counterparty credit risk and optimize operations. You will monitor portfolios, issue collateral calls, and ensure accurate margin processing while collaborating with credit, middle office, legal, and treasury teams.

The ideal candidate has 5+ years in capital markets or collateral management, a strong fixed income background, and excellent communication. FRM/CFA are assets; post-secondary education required.

Qualifications

• 5+ years of capital market or collateral management experience.
• Strong fixed income background with knowledge of central clearing.
• Excellent verbal and written communication; high attention to detail.

Responsibilities

• Daily monitoring of client portfolios and issuing collateral calls to mitigate credit risk.
• Ensure margin tickets are accurately entered into collateral systems.
• Extensive interaction with clients and cross-functional teams (credit, legal, front office, settlements, treasury).
• Conduct process reviews in line with Global Short-term Markets Policy; resolve collateral issues.
• Support risk management by identifying inefficiencies and proposing improvements.

Job description

Duration: 1 year (Possibility of Extension/Conversion)

Location: Toronto, ON (Hybrid 4 days onsite, 1 day work from home)

Degree/Level of Education: Post secondary is required

Certifications Required: FRM or CFA is an asset

Years of Overall Experience: 5+ years of experience

Day-To-Day Responsibilities:

• A Senior Analyst within Collateral Management will primarily be focused on the effective and efficient mitigation of counterparty credit risk. Senior Analysts are responsible managing counterparty credit risk as well as for demonstrating innovation and a proactive approach to risk mitigation by highlighting inefficiencies, risks and implementing improvements.
• The role will involve close partnership and interaction with a wide range of areas, including credit, middle office, legal, front office, settlements, and corporate treasury. As a result the successful candidate will be required to possess strong communication skills.
• Senior Analysts within Collateral Management are accountable for the following core responsibilities, but are not limited to:
• Daily monitoring of client portfolios, issuing and receiving collateral calls to ensure the firm’s credit risk is mitigated.
• Ensure margin tickets are accurately entered into the collateral system
• Extensive interaction with clients.
• Ensure process reviews are conducted in accordance with Global Short-term Markets Policy
• Resolution and escalation of collateral issues.
• Reconciliation of repo collateral statements upon margining disputes
• In addition to their core responsibilities, Analysts are also expected to:
• Contribute their own ideas to make a difference and add value to the group.
• Ongoing, proactive risk management via staying abreast of risk issues in the capital markets and assessing impacts on our exposures
• Seek opportunities to increase operational efficiency and lower operational risk through process reengineering
• Performing a number of control functions, ensuring the integrity of our processes.
• Establish an environment that promotes respect for the individual employee and adheres to the policies and guidelines of the Bank

Must-Have Hard Skills:

1.) 5+ years of capital market experience or relevant collateral management experience

2.) Strong fixed income background, knowledge towards central clearing

Soft Skills:

1.) Strong communication skills – verbal and written

2.) Self-starter with a high degree of initiative and the ability to learn and adapt quickly

3.) Strong analytical skills and attention to detail