Business Analyst

Onsite Flexibility: Hybrid — currently 3 days onsite (Monday to Wednesday), may increase to 4 days onsite

• Position Type: Contract
• Contract Duration: 12 months (with potential for extension and conversion)
• Pay Rate: C$31.00–C$37.00 / Hour (CAD)
• Shift / Schedule: Monday to Friday, 9:00 AM – 5:30 PM (core business hours); overtime could come up and would be optional
• Travel Requirements: Not required

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CAN - Business Analyst I

Location: Toronto, ON

Onsite Flexibility: Hybrid — currently 3 days onsite (Monday to Wednesday), may increase to 4 days onsite

Contract Details

• Position Type: Contract
• Contract Duration: 12 months (with potential for extension and conversion)
• Pay Rate: C$31.00–C$37.00 / Hour (CAD)
• Shift / Schedule: Monday to Friday, 9:00 AM – 5:30 PM (core business hours); overtime could come up and would be optional
• Travel Requirements: Not required

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Job Summary

The position is responsible for a variety of key operational processes in Collateral settlement in support of Fixed Income trading activities at TD Securities. As an Analyst, you will participate fully as a member of the team and contribute to a positive work environment.

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Key Responsibilities

Innovation

• Contribute to an environment of innovation that leads to working smarter and simpler

Development

• Develop a mindset of critical thinking, risk management and understanding the needs of TDS's clients and internal business partners

Culture

• Embrace diversity, respect one another and contribute to an environment where team members look forward to coming to work each day
• Recognize team members as more than just a fellow staff member, appreciate their individuality as a person

Functional Responsibilities

• Develop understanding of the Fixed Income Domestic and international market
• Processing cash Principal and Interest Settlement in Loan IQ application for CSA agreements
• Cash settlement using SWIFT message (MT202, MT103) for Variation and Initial Margins governed by CSAs and Repo Margins governed by GMRA
• Managing and resolving exceptions: Arising from trade discrepancies on Front-Office to Back-office, Regulatory and Custodial reconciliations; Resulting from feed issues that create exceptions on the system task station; Resulting from discrepancies listed on Trade versus Transfer reports; Depository and cash breaks
• Develop and maintain working relationships with internal and external partners for the purposes of delivering optimal customer service
• Execute on ad-hoc non-routine requests
• Assist in analysis, development, testing and implementation of operating and process improvements
• Initiate and/or participate in projects — identify test cases, communicate project status and execution of test cases to ensure project objectives are met in a timely manner
• Ensure written procedures of new/current process are captured and updated routinely
• Ensure all escalation policies are observed under the TD policy
• Provide a high level of service in assisting process partners to identify, locate and resolve differences

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Required Skills

• Capital Markets experience
• Sound knowledge of Canadian and US fixed income settlements
• Settlements and payments experience
• Decisions or interpretations on processes or transactions within defined boundaries to meet SLAs
• Ability to manage responsibilities through exceptional organizational, time management, interpersonal and analytical skills

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Preferred Skills

• SWIFT experience
• Detail oriented and strong analytical skills

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Education Requirements

• CSC (Canadian Securities Course) or other Finance certifications are a nice to have

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Required Experience

• 1 to 2 years of overall experience
• Capital Markets experience: minimum 1 year
• Settlements and payments experience: minimum 1 year
• Sound knowledge of Canadian and US fixed income settlements

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Nice-to-Have Experience

• Background in Capital Markets, settlements, and reconciliations
• Sound knowledge of Canadian Fixed Income
• Sound knowledge of transaction lifecycle for Fixed Income products — Repo, Security Lending
• Ability to manage reconciliation of internal accounts and depository balances through a combination of manual and automated processes

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About the Client

This organization is one of North America's largest financial services institutions and the sixth-largest bank on the continent by branches, serving approximately 22 million customers across Canada, the United States, Europe, and the Asia-Pacific region. Headquartered in Toronto, Ontario, it employs over 85,000 professionals worldwide spanning retail banking advisors, commercial lenders, wealth management professionals, risk analysts, and technology specialists. The institution operates a full-service financial platform encompassing personal and commercial banking, wealth management, insurance, and payment solutions, and has earned Great Place to Work Certification for ten consecutive years, reflecting a sustained commitment to inclusion, diversity, and the employee experience.

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Job Number: 26-11382 Industry: Operations & Management

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