Analyst, Middle Office

Founded in Montreal in 1846, Laurentian Bank is committed to serving its customers and fostering deep relationships with specialized groups. Laurentian Bank runs operations across Canada – primarily in Québec and Ontario – as well as in the United States and competes where it sees market opportunity and has an edge, while harnessing the power of partnerships and collaboration. This role sits within Laurentian Bank Securities. The Middle Office team at LBS supports several of the organisation’s business lines in their day-to-day activities as well as in a role of oversight and control. The team reports into the Vice President, Operations and plays a transversal role within the organisation providing expertise on systems and processes throughout the institutional divisions Laurentian Bank Securities is looking for a person to fill the role of Analyst, Middle Office. Under the supervision of the Senior Manager, Middle Office, the selected candidate will provide support to the traders & sales team within the fixed income institutional division as well as the other divisions as required. The associate will collaborate with the other Middle office team members as well as with other areas within LBS including Operations, Compliance and Finance. This is a full-time position that offers a novel vantage point on the inner workings of an integrated investment dealer in Canada. Responsibilities Provide a variety of reports, internally as well as for self-regulatory organisations including Bank of Canada & various borrowers; Play an integral role in the management of the firm’s internal securities inventory management system (BondOne-DSTS, Fidessa etc.); Update securities data files, including CMBS, NHA MBS pools, OTV and Inflation-linked notes; Maintain documentation for existing customer accounts and coordinate the opening of new customer accounts; Manage trades that are not matched between trade and settlement date; Resolve settlement problems and manage requests from clients Confirm inter-dealer broker and client transactions, & assist in the trade allocation process; Verify allocations of futures contracts and provide daily mark to market; Reconcile & complete the daily & monthly P&L reporting for the LBS institutional activity; Co-ordinate new issues with sales, trading and clients; Ensure internal liaison between various divisions within LBS and Laurentian Bank Financial Group; Responsible for supporting Straight Through Processing on electronic trading systems; Build on procedural efficiencies and update procedures as needed; Participate in projects, as required. Qualifications 3 - 5 years of experience in middle or back office operations with an excellent understanding of fixed income & equity products; Bachelor’s degree in Finance or Economics, an asset; Ability to work in a dynamic, hands-on and fast paced environment; High level of professional ethics, detail oriented with accuracy in outputs; Ability to investigate and resolve problems; Strong team player with a collaborative approach; Knowledge of a variety of trading & settlements systems including DSTS, Fidessa, Omgeo, Candeal, Arrow; Proficiency in Excel a must, with VBA knowledge, an asset. What Laurentian Bank has to offer you: The total compensation offered by Laurentian Bank encompasses a comprehensive range of benefits, highlighting our commitment to the well-being and success of our employees. Here are some of the key points of our offering: The actual annual base salary offered will take into account internal equity, skills, and experience among other factors. Total compensation: Earn a comprehensive compensation package that includes annual reviews and performance-based bonuses. Work model: We prioritize a hybrid work model based on business needs. Time off: In addition to paid vacation, we provide floating days and leave options to accommodate the diverse needs of our employees. As and extra perk, you also get a day off to cele…

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