Operations Analyst

Validus Risk Management; Toronto; On-site; CAD 70,000 - 90,000; Full time

Job summary

An independent financial advisory firm in Toronto is seeking a professional to manage trading infrastructure and execute derivative trades. Candidates should possess a quantitative degree and strong skills in communication and Excel. This role offers a competitive remuneration package, including salary, bonuses, and benefits for professional growth.

Benefits

Competitive remuneration package

Retirement plan

Private healthcare

Financial support towards professional qualifications

Regular social events

Qualifications

• Familiarity with alternative asset managers preferred.
• Some understanding of financial derivatives required.
• Quantitative analysis skills necessary.

Responsibilities

• Establish trading infrastructure with investment banks.
• Execute derivative trades on behalf of clients.
• Ensure compliance with regulatory requirements.

Skills

Strong communication and interpersonal skills

Advanced proficiency in Microsoft Excel

Basic understanding of risk management

Education

Postgraduate/undergraduate degree in a quantitative subject

Tools

Microsoft Excel

VBA

Python

Job description

Overview

The capital markets function at Validus was established two years ago, with the objective of developing a specialist front/middle/back office outsourced solution for our client base of private capital managers, institutional investors and corporate clients.

Responsibilities

• Establishing trading infrastructure (trading lines, ISDA agreements) with investment banks and other counterparties
• Executing derivative trades (as agent) on behalf of clients
• Communicating and coordinating hedging activity with clients
• Ensuring best execution across a variety of derivatives (FX, interest rates, commodities)
• Managing and developing strong relationships with clients and across our banking panel of >50 banks around the world
• Proactively working with clients and Validus colleagues to optimise hedging portfolios
• Designing and presenting hedging solutions to internal and external clients
• Assist with the trading infrastructure onboarding with investment banks and other counterparties
• Book and confirm trades, and liaise with banks to agree settlement figures, transfer orders and deal with any non-receipt claims
• Prepare and send daily regulatory reports
• Collect clients' financial statements and conduct ATE testing
• Manage LEI renewals
• Manage fund finance operations
• Utilise technology skills to assist with data analysis, developing and automating reports and processes to help the GCM function become more efficient
• Carry out ad-hoc project work and any other ancillary task as assigned by the Department Head
• Adhere to all internal policies and procedures
• Ensure compliance with regulatory requirements and industry best practices

Requirements

• Postgraduate/undergraduate degree in a quantitative subject (e.g. Finance, Economics, Engineering, Math, Statistics)
• Some familiarity with alternative asset managers and what they do (Private Equity, Private Debt, Secondaries)
• A basic understanding of risk management in financial markets and derivatives
• Strong communication and interpersonal skills
• Advanced proficiency in Microsoft Excel; experience with VBA and Python is preferred but not required

Benefits

Notable benefits include a competitive remuneration package (salary + bonus, retirement plan, private healthcare, regular social events, and financial support towards professional qualifications).

About the Company

Validus Risk Management is an independent technology-enabled advisory firm specializing in the management of FX, interest rate and other market risks. We work with institutional investors, fund managers, and portfolio companies to design and implement strategies to measure, mange and monitor financial market risk, using a market-tested combination of specialist consulting services, trade execution and innovation risk technology.

Working at Validus can offer an exciting opportunity for both personal development and professional growth. Share in our mission to become the largest and most respected specialist provider of financial market risk services in the world. Notable benefits include a competitive remuneration package (salary + bonus, retirement plan, private healthcare, regular social events, and financial support towards professional qualifications.

Validus is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.