Senior Analyst - SSI Expert

National Bank of Canada; Montreal; Hybrid; CAD 90,000 - 120,000; Full time

Benefits offered by this job

Health and wellness program

Flexible group insurance

Generous pension plan

Employee Share Ownership Plan

Employee and family assistance program

Preferential banking services

Involvement in community initiatives

Telemedicine service

Virtual sleep clinic

Job summary

National Bank of Canada in Montreal is seeking a Senior SSI Analyst to expert in OTC operations and settlement processes within Capital Markets Operations. You will drive efficient payment handling, SSI validation, and client service across domestic and international channels.

The role emphasizes collaboration with internal partners, adherence to risk controls, and ongoing tool enhancements, including adaptation to regulatory changes. A hybrid work model supports work-life balance.

Qualifications

• Bachelor's degree in a related field or an equivalent combination of education and experience.
• Experience in capital markets operations, payments, or a similar financial services environment.
• Knowledge of payment and financial market platforms, including SWIFT and operational processing systems.
• Solid understanding of derivative products and related settlement processes.
• Proficient with Microsoft Office applications, including advanced Excel functions.
• Experience analyzing and resolving complex operational issues.

Responsibilities

• Analyze, integrate, and validate Standard Settlement Instructions (SSIs) and amendment requests from clients, counterparties, and internal partners.
• Ensure timely processing of payment instructions while adhering to internal procedures, payment deadlines, and currency-specific cut-off times.
• Communicate with clients and financial institutions to confirm settlement instructions and ensure operational compliance.
• Identify, assess, and mitigate operational risks while maintaining high standards of quality and control across daily activities.
• Contribute to continuous improvement of tools, systems, and processes, including integration of new products, regulatory requirements, and technologies.
• Support business partners by resolving complex operational issues and delivering professional, efficient, and solution-oriented service.

Skills

Financial analysis

Operational issue resolution

Team collaboration

Education

Bachelor's degree in related field

Tools

SWIFT

Job description

A career as a Senior SSI Analyst in the Capital Markets Operations team at National Bank means acting as a specialist in OTC operations and payment processes. This role allows you to make a meaningful impact on the organization's growth and profitability through your expertise in domestic and international payments, your knowledge of capital markets, and your ability to contribute to the transformation of operational processes.

Your role

• Analyze, integrate, and validate Standard Settlement Instructions (SSIs) and related amendment requests received from clients, counterparties, and internal partners.
• Ensure the timely processing of payment instructions while adhering to internal procedures, payment deadlines, and currency-specific cut-off times.
• Communicate with clients and financial institutions to confirm settlement instructions and ensure operational compliance.
• Identify, assess, and mitigate operational risks while maintaining high standards of quality and control across daily activities.
• Contribute to the continuous improvement of tools, systems, and processes, including the integration of new products, regulatory requirements, and technologies.
• Support business partners by resolving complex operational issues and delivering professional, efficient, and solution-oriented service.

Your team

The Capital Markets Operations Vice-Presidency is made up of more than 160 specialists who work in an agile, proactive, and collaborative manner to seize opportunities, stay at the forefront of the industry, and continuously improve processes.

Within the OTC Operations department, you are part of a team of approximately 160 colleagues and report to an Operations Manager. Our team stands out for its expertise in derivative products and settlement processes, its collaborative mindset, and its significant contribution to the success of Capital Markets.

You will work closely with a variety of internal and external partners to support daily operations, identify process improvements, and help evolve the way we work. We aim to offer you maximum flexibility to support your well-being and quality of life through a hybrid work environment and a flexible schedule.

The Bank values continuous development and internal mobility. Our personalized training programs, based on learning through action, allow you to master your role and develop new areas of expertise. Tools such as the Data Academy, language training, the Harvard Learning Center, and coaching and mentoring support are available to you at all times.

Requirements

• Hold a bachelor’s degree in a related field or an equivalent combination of education and experience.
• Have experience in capital markets operations, payments, or a similar financial services environment.
• Demonstrate knowledge of payment and financial market platforms, including SWIFT and operational processing systems.
• Possess a solid understanding of derivative products and related settlement processes.
• Be proficient with Microsoft Office applications, including advanced Excel functions.
• Have experience analyzing and resolving complex operational issues.

Languages

French, English

Reason to require this language

You will need to serve clients who speak a language other than French regularly.

Required skills

• Artificial Intelligence
• Cybersecurity
• Diversity & Inclusion
• Empathy
• Initiative
• Learning Agility
• Resiliency
• Teamwork

Your benefits

• Health and wellness program, including many options
• Flexible group insurance
• Generous pension plan
• Employee Share Ownership Plan
• Employee and family assistance program
• Preferential banking services
• Involvement in community initiatives
• Telemedicine service
• Virtual sleep clinic

We have an offer that keeps up with trends as well as your needs and those of your family.

Our dynamic work environments and cutting-edge collaboration tools foster a positive employee experience. We value employees' ideas. Whether through our surveys or programs, regular feedback and ongoing communication are encouraged.

Making a bold move in a people-first environment

We're a bank on a human scale that stands out for its courage, entrepreneurial culture, and passion for people. Our mission is to have a positive impact on people's lives. Our core values of partnership, agility, and empowerment inspire us, and inclusion is central to our commitments. We aim, wherever possible, to provide a barrier-free and accessible environment to all employees.

We strive to provide accessibility measures throughout the recruitment process within the limits of our available resources. If you require accommodations, feel free to let us know during our initial conversations. We welcome all candidates! What can you bring to our team?

Join us!