Vacancy Status: This is for a current opening.

Compensation: $80,000 - $105,000

Job Description

The role

The Trading Operations Analyst is the production layer of the trade operations function - responsible for the accurate and timely completion of all post-trade activity across every asset class the desk trades. This includes equities, ETFs, fixed income, derivatives, FX, digital assets, and physical commodities.

This role is for someone who takes precision seriously, escalates early, and approaches their work with a process- improvement mindset. The desk is actively deploying AI tools to automate routine tasks - this person is expected to engage with those tools, validate their outputs, and help identify where they can do more. You do not need to build the tools; you need to use them well.

Securities setup is a meaningful and distinctive part of this role. Private placements, structured instruments, and alternative asset classes need to be correctly established in the book of record before they can trade - this person owns that process.

The Team

The Capital Markets & Trading team operates as a single unit across two functions: trading and trade operations. Both sides of the desk understand the full trade lifecycle - from execution through settlement - and cover each other when it counts. The expectation is not siloed expertise; it is shared ownership of outcomes. The Trading Operations Analyst works closely with the Senior Trading Operations Analyst, building deep knowledge of the post-trade function while developing a working understanding of the broader desk. This is a role with a clear path forward for the right person.

Responsibilities: What you will do/ What you will own

Settlement & Trade Operations
• Manage the end-to-end daily settlement lifecycle across all asset classes - equities, fixed income, derivatives, FX, digital assets, and physical commodities
• Coordinate trade matching via CTM; liaise directly with custodians and counterparties to resolve unmatched trades and settlement fails
• Monitor settlement activity throughout the day; identify, investigate, and escalate material exceptions on the same business day
• Manage collateral, margin, and funding processes in coordination with counterparties
• Maintain an exception log with root-cause documentation for all material settlement breaks

Reconciliation & Reporting
• Perform daily cash and position reconciliations - resolve breaks promptly and escalate anything material
• Produce and distribute daily cash, position, and settlement status reports to the trading desk and relevant stakeholders
• Maintain accurate records of all trading activity to support NAV calculations and fund accounting

Securities Setup & Book of Record
• Set up and maintain securities prior to trading - private placements, structured notes, OTC instruments, and alternative asset classes
• Ensure data integrity across all security records: positions, pricing, corporate actions, and reference data
• Support the Senior Trading Operations Analyst in maintaining firm's internal book of record

AI-Assisted Operations & Process Improvement
• Use AI tools - such as Claude or Microsoft Copilot - to automate daily reporting, build exception dashboards, and reduce manual effort across recurring workflows
• Review and validate AI-assisted reconciliation and settlement outputs - catch what the tools miss, document patterns, and escalate where intervention is needed
• Contribute to workflow improvement - identify manual steps that can be automated and work with the Senior Trading Operations Analyst to build better processes

Corporate Actions & Proxy
• Monitor and administer corporate actions across all fund holdings - elections, tracking, booking, and validation
• Liaise with portfolio managers on elective corporate actions; administer proxy voting in accordance with fund policies

Qualifications: What you will bring

Experience
• 1-3 years of experience in trade settlement, operations, or fund administration at a bank, prime broker, custodian, or asset manager
• Hands-on experience with trade matching and the settlement lifecycle
• Experience performing cash and position reconciliations and resolving breaks

Technical Skills
• Proficiency with Bloomberg AIM or an equivalent OMS
• Working knowledge of CTM or an equivalent trade matching platform
• Comfortable using AI tools - such as Claude or Microsoft Copilot - to automate recurring tasks, build exception reports, and improve daily workflows; no coding background required
• Strong Excel skills and familiarity with reconciliation or exception-reporting tools

Competencies
• Detail-oriented and accurate - takes ownership of quality without needing oversight
• Escalation discipline - surfaces material issues early, with context and a recommended next step
• Organised under pressure - manages multiple daily deadlines without dropping threads
• Process-improvement mindset - notices inefficiency and looks for better ways to work
• Collaborative and communicative - works openly within a small, fast-moving team

Preferred Qualifications
• Experience setting up non-standard securities in an OMS - private placements, structured notes, or alternative instruments
• Exposure to digital asset settlement or commodity settlement workflows
• Familiarity with corporate actions processing and proxy voting administration
• Knowledge of Canadian regulatory and custody requirements

Why should you join us?

• We are one of Canada's Top Small & Medium Employers' 2023 & 2024.
• We believe in innovation and a vibrant culture - work for an innovative, people-first, financial services firm that values entrepreneurialism.
• We believe in a flexible work structure - A flexible hybrid work model that empowers you to do your best work whether at home or the office.
• We care about your rewards - Competitive compensation including equity program.
• We care about your health - comprehensive group health and dental benefits and life insurance at little to no cost to you. We also offer a Lifestyle Spending Account for all your wellness needs.
• We care about your quality of life - a flexible paid time-off policy covering vacation, sick, and mental health days.
• We care about your family - Paid parental leave for eligible employees with a top-up.
• We care about your future - Generous Group RRSP matching and an optional TFSA program.
• We care about your development - We offer training opportunities and tuition support year-round.

Our work philosophy is a hybrid model allowing for flexibility and collaboration.