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Assistant Manager, Derivative Settlements Operations

Assistant Manager overseeing derivative settlements operations for a large banking company in Toronto on an 18-month contract.

About the role

A large banking company in Toronto is hiring for this role. You will oversee daily derivative settlement activity within Settlements & Clearing and act as a first point of contact for the team. The role keeps settlements accurate and keeps operational, regulatory and conduct controls working as they should.

What you'll do

  • Oversee daily derivative settlement activities.
  • Investigate accounting breaks and resolve them.
  • Manage rate reset tasks and notifications.
  • Provide accurate analysis to management.
  • Support staff training and coverage, improve processes and contribute to projects.

What you bring

  • Experience in derivative settlements or a closely related operations function.
  • The ability to investigate accounting breaks and explain your findings clearly.
  • Working knowledge of operational, regulatory, AML/ATF and conduct controls.
  • Comfort acting as the first point of contact for team issues.
  • An interest in training others and improving processes.

Details

  • Location: Toronto, Ontario
  • Type: Contract (18 months)

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