Operations Analyst (Contract)

TMX Group; Toronto; On-site; CAD 44,000 - 47,000; Full time

Job summary

TMX Group in Toronto is seeking an Operations Analyst for a hybrid role (2-3 days in office). You’ll manage corporate action processing, analyze event terms, and coordinate payouts across internal systems and external platforms.

The role requires 2+ years in financial services and strong Excel/Google Workspace skills. It reports to the Manager, Corporate Actions Processing and offers a 1-year contract.

Qualifications

• Industry experience: 2+ years in financial services, capital markets, or post-trade operations.
• Education: Post-secondary degree in Business, Finance, or a related field.
• Market knowledge: understanding of Canadian Securities Industry (Equities/Fixed Income).
• Technical mastery: Excel and Google Workspace proficiency.
• Execution & analytical skills: manage high-priority transactions under strict deadlines with accounting capability.
• Strategic advisory: strong communication to guide legal and external entities through requirements.

Responsibilities

• Event Analysis & Deadline Management: analyze event terms and dates to prevent missed deadlines.
• Processing & Payout Execution: oversee end-to-end corporate action payments and payouts.
• Operations Optimization: streamline workflows and improve reporting accuracy.
• Transaction & Fee Handling: evaluate requests and log applicable fees.
• Strategic Stakeholder Collaboration: coordinate with Transfer Agents, Paying Agents, DTC, and Legal Counsel.
• Risk Mitigation & Control: follow escalation protocols and maintain internal controls.

Skills

Financial services

Capital markets

Post-trade operations

Analytical skills

Communication

Education

Post-secondary degree in Business/Finance

Tools

Microsoft Excel

Google Workspace

Job description

Venture outside the ordinary - TMX Careers

The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets. United as a global team, we’re connecting cross-functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and propelling progress. Through a rich exchange of ideas, meaningful collaboration, and a nimble operating model, we're powering some of the nation's most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team.

The Operations Analyst is a pivotal and high-impact role centering on managing the operational lifecycle of all mandatory corporate action processing (such as Distributions, Name Changes, Mergers, and Stock Splits). Reporting to the Manager, Corporate Actions Processing, this role functions as an essential informational connector across Canadian Capital Markets Infrastructure. Requires technical expertise in prioritizing timely corporate action payments to CDS Participants while cultivating strong, professional relationships with external business contacts and internal stakeholders.

Reports to: Manager, Corporate Actions Processing

Job Location: Hybrid (2-3 days in office) - based in Toronto, ON

Contract Duration: 1-Year Contract

Key Accountabilities

• Event Analysis & Deadline Management: Analyze corporate action event terms, options, tax implications, and legal requirements to establish operational frameworks. Identify, log, and proactively monitor critical dates (expiries, payment dates) to ensure zero missed deadlines.
• Processing & Payout Execution: Oversee end-to-end execution of mandatory corporate actions while maintaining system integrity. Balance payments against proceeds and authorize final participant payouts.
• Operations Optimization: Execute mandatory corporate action workflows across internal systems and external platforms. Identify workflow optimization opportunities and leverage technology to enhance reporting accuracy and efficiency.
• Transaction & Fee Handling: Evaluate exceptional corporate action requests, determining and logging applicable fees accurately.
• Strategic Stakeholder Collaboration: Partner with Transfer Agents, Paying Agents, DTC, and Legal Counsel to validate payment details, resolve discrepancies, and guide partners through operational requirements.
• Risk Mitigation & Control: Adhere to escalation protocols for timely risk identification and documentation. Continually evaluate procedural frameworks and internal controls to optimize operational standards and uphold customer consideration.

Must Have(s)

• Industry Experience: 2+ years of relevant experience in financial services, capital markets, or post-trade operations.
• Education: Post-secondary degree in Business, Finance, or a related field.
• Market Knowledge: Sound understanding of the Canadian Securities Industry across Equities and Fixed Income.
• Technical Mastery: Intermediate to expert proficiency in Microsoft Excel and Google Workspace.
• Execution & Analytical Skills: Demonstrated ability to manage high-priority transactions under strict deadlines in a fast-paced environment, backed by analytical/accounting capability to determine entitlement payments.
• Strategic Advisory: Strong communication skills to guide legal counsel and external financial entities through operational requirements and financial concepts.

Nice to Have(s)

• Direct, hands-on experience with Canadian Depository for Securities (CDS) Corporate Action processing.
• Completion of the Canadian Securities Course (CSC).
• Bilingualism in French and English (written and verbal).

Salary Range: $32.00/hour - $34.00/hour CAD. Please note that the salary range included is a guideline only. The salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.

The recruiting efforts for this role are intended to fill a vacant position. In the market for... Excitement - Explore emerging technology and innovation, as well as ventures and digital finance that shape the future of global markets! Experience the movement of the market while grounded in the stability of close to 200 years of success. Connection - With site hubs in some of the world’s most multicultural cities, we leverage our size and structure to create rich connections and belonging while experiencing powerful global impact through our work. Impact - More than a platform, we use our talents to power mission-critical systems that drive global economic advancement, innovation and growth. As well, our employee-led Team Impact spreads social good via our giving strategy. Wellness - From empathetic leadership to a culture of flexibility and balance, we believe wellness at work creates the maximum yield and a stronger 'we'. Plus, with a cloud-first and hybrid workstyle, as well as generous time-off and leaves, we support a life well lived! Growth - From a growth mindset in our work, to expansion in our business, TMX is home to action-takers energized by the achievement of ambitious growth.

Please note that our company is not currently sponsoring work permit applications and the applicant must be authorized to work in the country where this position is located.

TMX is committed to creating and sustaining a collegial work environment in which all individuals are treated with dignity and respect and one which reflects the diversity of the community in which we operate. We provide accommodations for applicants and employees who require it.

Our Culture

The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets. United as a global team, we’re connecting cross-functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and propelling progress. Through a rich exchange of ideas, meaningful collaboration, and a nimble operating model, we're powering some of the nation's most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team. Ready to be part of the action?

Our Business

TMX Group operates global markets, and builds digital communities and analytic solutions that facilitate the funding, growth and success of businesses, traders and investors. TMX Group's key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation Trayport and VettaFi, which provide listing markets, trading markets, clearing facilities, depository services, technology solutions, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across North America (Montréal, Calgary, Vancouver and New York), as well as in key international markets including London, Singapore and Vienna.

For more information about TMX Group, visit www.tmx.com. Follow TMX Group on Twitter: @TMXGroup.