JOB DESCRIPTION
Location: Hybrid (Downtown, Toronto)
Duration: Until July 25, 2025 (Possibility for an extension)
Our client, a leading financial institution in Downtown Toronto is looking for a Business Analyst – Derivatives to work collaboratively with our in-house Financial Engineering team to integrate their latest novel pricer into our in-house derivatives trading application. The successful candidate will have the opportunity to work with one of the Top 5 Banks in Canada.
Typical Day in role:
- Work with development on building out our new internally developed test harness to help automate regression tests
- Design and build/improve new/existing processes
- Co-ordinate with local (Toronto) development teams to ensure work is delivered on time
- Provide reporting to management on progress, raise concerns and suggest improvements to existing processes
- Lead the efforts from Toronto office and will be responsible for their own work and certain element of creative control over the solution
Must-Have Skills:
- 10+ years of experience as a business analyst
- Good understanding and knowledge of derivatives, in particular financial aspects such as derivatives pricing, P&L analysis, VaR. MtM. Products include IR Swaps, FX options (FXO), IR options (Cap/floor), Money Market tickets
- Good understanding of derivatives trade lifecycle management including trade reconciliation, fixing and confirmations/settlements
- 5+ years of experience working with technology applications that supported derivatives trade lifecycle processes, including both in-house and vendor solutions (e.g. Calypso, Murex, ION)
- Recent working experience with DB SQL (Sybase or MSSQL preferred)
Nice-To-Have Skills:
- Knowledge of XVA & Riskwatch
Soft Skills Required:
- Good verbal and written communication skills
- Ability to organize own work and lead workstreams
Education:
- STEM degree (e.g. Computer Science, Engineering, or Physical Sciences degree)
- Candidates qualified in CFA would be preferred
Finance professional is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. We advocate for you and welcome anyone regardless of race, color, religion, national origin, sex, physical or mental disability, or age.