Derivatives Operations Analyst - Automation & Solutions

CIBC Mellon; Toronto; On-site; CAD 60,000 - 91,000; Full time

Job summary

CIBC Mellon is seeking a Derivatives Analyst in Toronto to develop accounting solutions for new derivative products and to provide post-implementation staff training and oversight. This role emphasizes automation and process improvement within the Derivatives Operations team, supporting the Supervisor and Manager on complex inquiries.

Ideal candidates bring strong derivative knowledge, CMS/IAS experience, and at least 3 years in securities operations.

Qualifications

• Knowledge of derivative instruments, valuation, reconciliations and trading strategies.
• Demonstrated experience with CMS and IAS.
• 3 or more years experience in the securities industry, with experience in applying accounting principles in an operations environment.
• Detail oriented, highly organized with ability to meet deadlines.

Responsibilities

• Work with clients and prospective clients to meet accounting needs for new and existing products.
• Liaise with clients, investment managers and internal staff to ensure reporting issues are addressed and that the accounting solutions provided best fit their needs, building and maintaining a strong relationship with advisor base.
• Co-ordinate the workflow of pricing and reconciliations of derivative holdings to meet the accounting statement deadlines; execute as necessary.
• Assist team members in the resolution of complex derivatives processing or accounting issues.
• Provide guidance to junior staff to ensure client, advisor and internal department issues are addressed.
• Keep current on new derivative and alternative investment products in the market place in order to be able to speak knowledgeably on the subject matter.
• Participate in the annual review of all Derivative Operations policies; process daily derivatives transactions as needed.
• Perform risk control analysis and assist supervisor and manager in developing and executing initiatives to proactively mitigate risk.
• Identify opportunities for improved processing, cost reduction and revenue generation in the Derivatives Operations department.

Skills

Derivative instruments knowledge

CMS and IAS experience

3+ years securities industry

Detail oriented

Job description

CIBC Mellon is seeking a Derivatives Analyst in Toronto to develop accounting solutions for new derivative products and to provide post-implementation staff training and oversight. This role emphasizes automation and process improvement within the Derivatives Operations team, supporting the Supervisor and Manager on complex inquiries.

Ideal candidates bring strong derivative knowledge, CMS/IAS experience, and at least 3 years in securities operations.