Analyst, Financial Operations – Trans-Canada Capital

Trans-Canada Capital (TCC) is an asset management firm specializing in innovative investment strategies for institutional investors. Since 2009, the team has successfully managed the pension assets of Air Canada, one of the largest corporate pension plans in the country. Over the years, we have earned an enviable reputation by generating superior returns through strategies focusing on alpha generation in a rigorous risk-controlled framework. With C$27 billion in assets under management (inclusive of leverage), more than 100 investment professionals based in Montreal and Toronto, and a complete range of alternative solutions, TCC is well positioned to meet the needs of institutional investors seeking steady returns.

Reporting to the Financial Operations Manager, the analyst will be primarily responsible for processes and controls related to collateral management for all agreements, as well as the day-to-day handling of listed derivatives products, while also supporting analysts on various mandates. The ideal candidate will have developed strong prioritization skills, attention to detail, and the ability to perform under pressure. TCC offers a complex financial environment in which the candidate will be able to develop an in-depth understanding of the operational processes tied to the trade lifecycle.

The candidate will choose TCC because of its collaborative work environment, the sophistication and diversification of the financial products traded, the tight-knit relationship amongst the investment teams and the competitiveness of its total compensation package. 

The position is based in downtown Montreal. A four-day per-week work attendance policy is currently in place.

Role and Responsibilities: 

• Execute daily collateral calls with various counterparties.
• Process and communicate transactions to the trustee within the prescribed timelines.
• Perform internal reconciliations as well as reconciliations with clearing brokers and custodian.
• Confirm derivative transactions with counterparties or via platforms like MarkitWire and DTCC.
• Record derivative transactions in the accounting system (Eagle Star).
• Perform end-of-day entries and reconciliations to ensure transaction integrity in systems.
• Investigate and resolve discrepancies with support from senior team members.
• Propose and participate in the implementation of process improvements.
• Support the traders by answering their requests accurately and in a timely manner. 

Qualifications

Education

• Bachelor’s degree in finance, business administration or accounting;
• Experience in financial operations is an asset;
• Minimum of 2 years of relevant experience;

Knowledge and Skills

• Excellent proficiency with Microsoft Office Suite (Excel, Outlook, etc.)
• Knowledge of programming language such as VBA, SQL, Python, an asset
• Bilingual (spoken/written) French and English, essential
• Knowledge of various financial systems: Eagle Star, Bloomberg AIM, an asset
• Genuine interest in both complex and simple financial products
• Strong knowledge of listed financial product and borrow lending activities, an asset

Skills: 

• Well organized and ability to perform various tasks at once 
• Rigor, prudence and vigilance 
• Proactive and strong sense of initiative
• Ability to work efficiently under pressure
• Autonomy, analytical skills and critical thinking
• Strong learning capabilities, versatility and adaptability
• Excellent skills in communication and teamwork

Conditions of Employment:

• Candidates must be eligible to work in the country of interest, at the time any offer of employment is made and seeking any required work permits/visas or other authorizations which may be required is the sole responsibility of the candidates applying for this position.

Linguistic Requirements

Bilingual (English and French)

Diversity and Inclusion

Trans Canada Capital Inc. is strongly committed to Diversity and Inclusion and aims to create a healthy, accessible and rewarding work environment which highlights employees’ unique contributions to our company’s success.

As an equal opportunity employer, we welcome applications from all to help us build a diverse workforce which reflects the diversity of our customers, and communities, in which we live and serve.

Trans Canada Capital Inc. thanks all candidates for their interest; however only those selected to continue in the process will be contacted.