Associate, Repo Financing Services – Tri-Party Repo

Job Description

Associate, Repo Financing Services – Tri-Party Repo:
On behalf of our Banking client, Procom is searching for an Associate, Repo Financing Services – Tri-Party Repo for a 12-month role. This position is a hybrid position with 4 days onsite at our client’s Toronto office.

Associate, Repo Financing Services – Tri-Party Repo - Job Description:
This role involves providing support to the Repo Desk for Tri-party Allocation, ensuring all trades are accurately booked, matched, funded, and allocated across various platforms. The candidate will be responsible for managing funding requirements for significant USD and CAD portfolios.

Associate, Repo Financing Services – Tri-Party Repo - Responsibilities:
• Perform daily Tri-party allocation
• Provide start of day collateral positions to the Front Office
• Ensure timely processing of daily GCF transactions
• Monitor Net Free Equity and Liquidity
• Provide daily cash projections & perform daily collateral analysis
• Research and address any overnight Tri-party cash & position breaks
• Prepare daily management reports
• Ensure proper EOD funding
• Coordinate within the team to accomplish required goals
• Help to improve or enhance existing procedures and processing
• Address and confirm any incoming Tri-party Audit Requests

Associate, Repo Financing Services – Tri-Party Repo - Mandatory Skills:
• 5 to 10 years Fixed Income experience in Operations/Settlements
• Must-Have CCMS proficiency Experience
• Experience with Access Edge and JPM Markets, doing actual tri-party
• Solid experience using ADP/BPS, APEX & ICI processing systems
• Knowledge of settlements via BONY, DTC & GSCC
• Experience using Microsoft Excel & Word
• Excellent communication skills

Associate, Repo Financing Services – Tri-Party Repo – Nice-to-Have Skills:
• Detail oriented / organized and results driven
• Strong analytical skills
• Problem-solving abilities
• Teamwork and collaboration skills

Associate, Repo Financing Services – Tri-Party Repo – Assignment Length:
This is a 12-month contract position.

Associate, Repo Financing Services – Tri-Party Repo - Start Date:
ASAP.

Associate, Repo Financing Services – Tri-Party Repo - Assignment Location:
Toronto, Ontario, Canada. This position is hybrid with 4 days in the office.

This employer uses both human and technology-assisted tools to support candidate screening and assessment. Final hiring decisions are made by people.