Associate I, Prime Services Support

Location: Toronto, ON. You must be legally eligible to work at the specified location and may need a valid work or study permit.

Salary: Competitive salary and incentive pay; exact amount not specified.

Company

Financial institution providing banking, prime brokerage, electronic trading, clearing, and wholesale financing services.

What you will do

• Support trade ticketing, execution processing, allocations, reconciliations, and daily client reporting.
• Maintain security master and pricing data, process trade corrections and monthly fees, and support platform operations.
• Coordinate between front office, trading desks, back office, clients, technology teams, regulators, and senior leaders.
• Troubleshoot operational issues and recommend process improvements to increase effectiveness.
• Use Python, SQL, VBA, and Excel to automate tasks, improve reporting, and support data analysis.
• Support new business and product initiatives across cash and synthetic prime services.

Requirements

• At least 2 years of experience in relevant industry roles, including trade processing, reconciliations, pricing, NAV calculations, or risk.
• Undergraduate degree in Economics, Finance, Accounting, Business Administration, or a related field.
• Strong knowledge of Python, SQL, VBA, and Excel.
• Knowledge of cash and synthetic prime products, including linear and non-linear instruments and related market, operational, margin, collateral, and settlement risks.
• Understanding of capital markets, brokerage and clearing regulations, and the end-to-end trade lifecycle.
• Legal eligibility to work in Toronto, Canada is required; a valid work or study permit may be required.

Nice to have

• Experience with Markit Cash One, Swap One, Broadridge/ADP, or similar industry applications.
• Experience with margin rules, UMR, market risk, collateral, brokerage finance, equity finance, and derivatives.
• CFA, FRM, CSC, CPH, Options License, or Futures License.

Culture & Benefits

• Regular employment with 37.5 weekly hours.
• Competitive salary, incentive pay, banking benefits, and a benefits program.
• Defined benefit pension plan, employee share purchase plan, vacation, and wellbeing support.
• Professional development opportunities and a paid Purpose Day.
• Work arrangement details, including the proportion of on-site and remote work, are discussed during the interview.

Hiring process

• The process may include an attribute-based assessment and skills tests such as simulation, coding, or French proficiency testing.
• Artificial intelligence tools may be used during recruitment.