Do you have Collateral experience? Are you eager to gain some experience in the retail industry? Do you have excellent attention to detail and analytical skills? If so, this would be a great opportunity for you!
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Our client is looking for a Repo Collateral Analyst for a 12 month contract in Toronto. This is hybrid role - 2 Days in Office - Mon & Tues but will mostly likely increase to 3 days eventually. There is a high possibility of contract extension up to 18months.
Pay rate: $24.09 - $32.85 / Hour
Hours: Monday to Friday, 37.5hours per week
Advantages
•Work for one of Canada's largest retail companies
•Competitive pay rate
•Hybrid role
•High possibility of contract extension up to 18months
•Training Provided
•Long term contract
Responsibilities
As a Repo Collateral Analyst, your duties will include but not limited to:
•Monitoring exposures to ensure collateralization of bilateral repo deals and triparty deals
•Facilitating repo margin calls for DSIN and company entities, resolve any trade flow breaks between Apex and ADP
•Monitoring exposure and execute margin calls for single entity margin counterparts as well as central book counterparts
•Tracking interest and facilitate monthly payment for all margin counterparts
•Ensuring all deals at the triparty are covered and keep front office informed of excess/shortfall
•Monitoring liquidity forecasting throughout the day to ensure coverage for unwind and escalate intraday funding where necessary
•Escalating and resolve any margin disputes with assistance of repo desk in a timely manner
•Reporting all unresolved margin disputes > 1MM to GRM Credit Risk team
•Tracking and reporting daily Repo Margin call metrics (number/ value of calls, disputes, fails)
•Provide vacation/back up coverage for fellow team members
•Reconciling exposures with counterparts to agree to calls in full, partial agree, or full dispute based on calculations
•Identifying and recommending areas of improvement
Qualifications
•1-2 years
•Required: Post-secondary education or equivalent
•Experience with Microsoft Office applications
•Collateral exp preferred, if not investment banking or operations could be considered
•Mostly using Excel - pivot tables, vlookups will be a good asset
•Takes initiative
•Attention to detail
•Analytical skills
Nice to have:
•APEX
•ADP
Summary
If you are interested in the Repo Collateral Analyst, please apply online at www.randstad.ca.
Randstad Canada is committed to fostering a workforce reflective of all peoples of Canada. As a result, we are committed to developing and implementing strategies to increase the equity, diversity and inclusion within the workplace by examining our internal policies, practices, and systems throughout the entire lifecycle of our workforce, including its recruitment, retention and advancement for all employees. In addition to our deep commitment to respecting human rights, we are dedicated to positive actions to affect change to ensure everyone has full participation in the workforce free from any barriers, systemic or otherwise, especially equity-seeking groups who are usually underrepresented in Canada's workforce, including those who identify as women or non-binary/gender non-conforming; Indigenous or Aboriginal Peoples; persons with disabilities (visible or invisible) and; members of visible minorities, racialized groups and the LGBTQ2+ community.
Randstad Canada is committed to creating and maintaining an inclusive and accessible workplace for all its candidates and employees by supporting their accessibility and accommodation needs throughout the employment lifecycle. We ask that all job applications please identify any accommodation requirements by sending an email to accessibility@randstad.ca to ensure their ability to fully participate in the interview process.
show more
Do you have Collateral experience? Are you eager to gain some experience in the retail industry? Do you have excellent attention to detail and analytical skills? If so, this would be a great opportunity for you!
Our client is looking for a Repo Collateral Analyst for a 12 month contract in Toronto. This is hybrid role - 2 Days in Office - Mon & Tues but will mostly likely increase to 3 days eventually. There is a high possibility of contract extension up to 18months.
Pay rate: $24.09 - $32.85 / Hour
Hours: Monday to Friday, 37.5hours per week
Advantages
•Work for one of Canada's largest retail companies
•Competitive pay rate
•Hybrid role
•High possibility of contract extension up to 18months
•Training Provided
•Long term contract
Responsibilities
As a Repo Collateral Analyst, your duties will include but not limited to:
•Monitoring exposures to ensure collateralization of bilateral repo deals and triparty deals
•Facilitating repo margin calls for DSIN and company entities, resolve any trade flow breaks between Apex and ADP
•Monitoring exposure and execute margin calls for single entity margin counterparts as well as central book counterparts
...
•Tracking interest and facilitate monthly payment for all margin counterparts
•Ensuring all deals at the triparty are covered and keep front office informed of excess/shortfall
•Monitoring liquidity forecasting throughout the day to ensure coverage for unwind and escalate intraday funding where necessary
•Escalating and resolve any margin disputes with assistance of repo desk in a timely manner
•Reporting all unresolved margin disputes > 1MM to GRM Credit Risk team
•Tracking and reporting daily Repo Margin call metrics (number/ value of calls, disputes, fails)
•Provide vacation/back up coverage for fellow team members
•Reconciling exposures with counterparts to agree to calls in full, partial agree, or full dispute based on calculations
•Identifying and recommending areas of improvement
Qualifications
•1-2 years
•Required: Post-secondary education or equivalent
•Experience with Microsoft Office applications
•Collateral exp preferred, if not investment banking or operations could be considered
•Mostly using Excel - pivot tables, vlookups will be a good asset
•Takes initiative
•Attention to detail
•Analytical skills
Nice to have:
•APEX
•ADP
Summary
If you are interested in the Repo Collateral Analyst, please apply online at www.randstad.ca.
Randstad Canada is committed to fostering a workforce reflective of all peoples of Canada. As a result, we are committed to developing and implementing strategies to increase the equity, diversity and inclusion within the workplace by examining our internal policies, practices, and systems throughout the entire lifecycle of our workforce, including its recruitment, retention and advancement for all employees. In addition to our deep commitment to respecting human rights, we are dedicated to positive actions to affect change to ensure everyone has full participation in the workforce free from any barriers, systemic or otherwise, especially equity-seeking groups who are usually underrepresented in Canada's workforce, including those who identify as women or non-binary/gender non-conforming; Indigenous or Aboriginal Peoples; persons with disabilities (visible or invisible) and; members of visible minorities, racialized groups and the LGBTQ2+ community.
Randstad Canada is committed to creating and maintaining an inclusive and accessible workplace for all its candidates and employees by supporting their accessibility and accommodation needs throughout the employment lifecycle. We ask that all job applications please identify any accommodation requirements by sending an email to accessibility@randstad.ca to ensure their ability to fully participate in the interview process.
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