What are the responsibilities and job description for the Senior Analyst, Securities Lending & Finance Trade Ops position at Questrade Financial Group?
What’s in it for you as an employee of QFG?
Health & wellbeing resources and programs
Paid vacation, personal, and sick days for work-life balance
Competitive compensation and benefits packages
Work-life balance
Career growth and development opportunities
Opportunities to contribute to community causes
Work with diverse team members in an inclusive and collaborative environment
We’re looking for our next Senior Analyst, Securities Lending & Finance Trade Ops. Could It Be You?
The purpose of the Senior Analyst, Securities Lending and Finance is to mitigate financial, regulatory and reputational risks by ensuring the SLA and regulatory compliance of third party clearing operations services and in-house processes. They work collaboratively to foster productive and positive relationships for the benefit of Questrade’s clients and overall business operations.
The Senior Analyst for Securities Lending and Finance will provide support to the Securities Lending and Finance desk and will be responsible for all operational tasks for both desks. The position requires individuals to actively participate in the daily process. They will act as the first point of escalation for both internal and external stakeholders. They foster positive and productive relationships internally and with third parties, and work collaboratively with all parties to effectively resolve issues.
Need more details? Keep reading…
In this role, responsibilities include but are not limited to:
Responsible for all operational tasks for both Securities Finance and Securities Lending desks including oversight of third party service bureau
Review and resolve daily Contract & Compare breaks
Work on all operational tasks for Securities Finance including P&L on monthly basis
Coordinate daily repays /returns
Manage Recalls and buy-ins and settlements of securities lending trades
Review cash collateral mark to market transactions for accuracy and completion
Monitor Loanet profit center activity for accurate coding
Communicate relevant information to Trade Desk and with settlements to help resolve inquiries
Provide accurate and reliable feedback to treasury, risk, finance, compliance, or any other relevant department as requested
Constantly monitor and review existing processes and seek to identify ways to improve performance and efficiency
Be an integral part of brainstorming, designing and implementing process and procedures
Keep current on Questrade products, services, programs, policies and procedures
Assist with billing and the onboarding of new clients
Manage client relations as well as relationships with internal departments
Train junior staff on tasks
Assist with writing test scenarios and executing test cases
Other duties, as assigned
So are YOU our next Senior Analyst, Securities Lending & Finance Trade Ops? You are if you…
Have 3-5 years of relevant work experience in middle office security lending/operations
Have a post-secondary degree/diploma in related field or equivalent experience
Have strong communication and interpersonal skills must be experienced in building and maintaining solid working relationships internally and externally
Possess strong organizational and time management skills
Have the ability to use Excel at an intermediate level
Have the ability to navigate Google Suite
Have flexibility and an ability to manage ad-hoc requests
Additional kudos if you…
Have previous experience dealing with Securities lending, Security Finance, brokerage operation and international settlements
Have knowledge of BPS, Arrow, CDS, DTC, BNP, Loanet, HELIX and Apex
Sounds like you? Click below to apply!
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