Sr. Analyst, Securities Operations (14-month contract)

HOOPP (Healthcare of Ontario Pension Plan); Toronto; On-site; CAD 103,000 - 153,000; Full time

Benefits offered by this job

Defined benefit pension plan

Company-paid extended health & dental

Wellness programs

Post-retirement health benefits 50%

Yoga and wellness

Learning and development

Retirement security

Job summary

HOOPP in Toronto seeks a Senior Analyst in Securities Operations with deep derivatives and marketable products expertise. You will guide junior staff, coordinate with Investment Management, Investment Finance, custodians and IT teams to ensure accurate trade capture and custody processing.

The role requires a university degree in finance, CFA designation or progress, and 7+ years in financial markets with strong analytical and communication skills. Competitive pension and benefits are offered.

Qualifications

• University degree in Business, Finance or related discipline.
• Completion or enrolment in CFA or similar designation.
• At least 7 years in the financial sector, preferably capital markets.
• Strong knowledge of capital market instruments including fixed income and equities.
• Knowledge of derivative instruments such as swaps, options and futures.
• Strong analytical skills and results orientation.
• Attention to detail, accuracy, and ability to manage multiple tasks.
• Ability to meet tight deadlines and manage priorities.
• Knowledge of investment accounting standards and principles.
• Independent work style as well as team collaboration.
• Excellent interpersonal skills and willingness to improve processes.

Responsibilities

• Review and approve daily trade capture for all capital market instruments.
• Build knowledge of complex derivatives for Analysts.
• Review and approve derivative cash settlements and reconciliations.
• Affirm electronic confirmations in DTCC and MarkitWire.
• Escalate and delegate issues as needed to resolve quickly.
• Provide supervision by signing off on daily controls and checklists.
• Assist in interim and final audits for Securities Operations.
• Lead projects to improve processing capabilities.
• Perform daily and monthly reconciliations with custodian positions.
• Process corporate actions for fund holdings.
• Recommend processes and controls to reduce risk.
• Support accounting for securities across systems.

Skills

Derivatives knowledge

Capital markets

Analytical skills

Attention to detail

Multi-tasking

Independent work

Interpersonal skills

Process improvement

Team leadership

Problem solving

Education

University degree in Business/Finance

CFA designation or in progress

Tools

DTCC

MarkitWire

SimCorp Dimension

Job description

Why You’ll Love Working Here

• high-performance, people-focused culture
• our commitment that equity, diversity, and inclusion are fundamental to our work environment and business success, which helps employees feel valued and empowered to be their authentic selves
• learning and development initiatives, including workshops, Speaker Series events and access to LinkedIn Learning, that support employees’ career growth
• membership in HOOPP’s world class defined benefit pension plan, which can serve as an important part of your retirement security
• competitive, 100% company-paid extended health and dental benefits for permanent employees, including coverage supporting our team's diversity and mental health (e.g., gender affirmation, fertility and drug treatment, psychological support benefits of $2,500 per year, parental leave top-up, and a health spending account).
• optional post-retirement health and dental benefits subsidized at 50%
• yoga classes, meditation workshops, nutritional consultations, and wellness seminars
• the opportunity to make a difference and help take care of those who care for us, by providing a financially secure retirement for Ontario healthcare workers

Job Summary

Reporting to the Senior Manager, Securities Operations, the Senior Analyst is the subject matter expert of this team and has extensive knowledge of derivatives and marketable products traded by Investment Management as well as detailed knowledge of all processes and procedures performed by the team. They must possess a general understanding of functions outside of the department to understand the downstream impact to various teams. The Senior Analyst provides guidance and direction to junior staff members particularly with respect to new products and strategies. They are responsible for reviewing and approving the work of junior staff members to ensure the accuracy, completeness and integrity of trades captured in HOOPP’s investment book of records, SimCorp Dimension is maintained. The Senior Analyst will have considerable co-ordination and liaison between the Investment Management Group, Investment Finance, fund custodians, various financial counterparties, and the IT Investment Solutions team.

What You Will Do

• Responsible for the review and approval of daily trade capture for all capital market instruments including fixed income, equities, and derivatives to ensure the integrity and accuracy is maintained.
• Build and transfer knowledge and understanding of complex derivative strategies to Analysts on the team.
• Review and approve derivative cash settlements and complete the daily cash reconciliation between HOOPP and the custodian.
• Review and affirm electronic confirmations in DTCC and MarkitWire.
• First escalation point for the group to research and resolve complex issues as they arise and identify when to further escalate the issue to the Manager. This may require delegating work to junior staff in order to resolve issues quickly.
• Provide evidence of supervision and oversight by ensuring daily controls such as checklists and documentations are signed off.
• Assist in managing the interim and final audit efforts for Securities Operations.
• Lead special projects assigned to continuously improve processing capabilities for the team.
• Perform daily and monthly reconciliations between HOOPP and custodian positions and follow-up on discrepancies.
• Process mandatory and voluntary corporate actions for holdings in the fund.
• Add value to Securities Operations and Investment Management by recommending processes and controls that increase efficiency and reduce operational risk.
• Assist the Investment Accounting & Reporting Team with the accounting for all securities; assist with ensuring discrepancies are reconciled between trade capture system/accounting system, reporting system and custodian.
• Work collaboratively with other groups in the Investment Finance Division and IT Investment solutions team with issue resolution and new initiatives.
• Act as resource to junior staff members for providing guidance and backing up critical daily activities and informing the Manager of any issues or achievements by Analysts.
• Act as back up to the Senior Manager when needed

What You Bring

• University degree in Business, Finance or related discipline
• Completion or enrolment in a professional designation program (ie.CFA)
• At least 7 years of experience in a financial sector, preferably in capital market
• Strong knowledge of capital market instruments including fixed income and equities
• Strong knowledge of derivative instruments such as swaps, options and futures gained through industry experience
• Strong analytical skills and results oriented
• Attention to detail, accuracy, and completeness is very important along with the ability to handle multiple tasks efficiently
• Ability to meet tight deadlines and manage conflicting priorities
• Knowledge of investment accounting standards & principles
• Must be able to work independently with minimal direction as well as part of a team
• Excellent interpersonal skills
• Identify and implement process improvements where necessary
• Willing to assume other responsibilities as required
• Relevant computer literacy is mandatory

The expected annual base salary range for this role is: $103,000 - $153,000 CAD

The actual base salary offered to the successful candidate may vary based on multiple factors including, but not limited to, individual's expertise and level of experience applicable to the role they are being offered.

This job is for an existing vacancy.

HOOPP may use artificial intelligence tools to assist in screening, assessing and selecting applicants for this position. These tools support our recruitment process but do not replace human judgment and decision-making.