Operations Analyst

at  Bank of Canada

YOUR EDUCATION AND EXPERIENCE

The position requires post-secondary education in business, accounting, finance or economics plus at least three years of relevant work experience in a financial/banking operations environment. An equivalent combination of education and experience may be considered.

WHAT YOU NEED TO KNOW

• Language requirement: English and French essential (bilingual) with a minimum starting level of functional (level 4) in second official language. Training may be provided to help reach the required level of fully functional (level 5) in second official language.
• Priority will be given to Canadian citizens and permanent residents
• Security level required: Be eligible to obtain Secret
• There will be no relocation assistance provided
• Please save a copy of the job poster. Once the closing date has passed, it will no longer be available.
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TAKE A CENTRAL ROLE

The Bank of Canada has a vision to be a leading central bank—dynamic, engaged and trusted—committed to a better Canada. No other employer in the country offers you the unique opportunity to work at the very center of Canada’s economy, in an organization with significant impact on the economic and financial well-being of all Canadians. You will be challenged, energized and motivated to excel in our environment.
Building on the principles that have always guided us – excellence, integrity and respect – we strive to be forward-looking and innovative, to welcome people with diverse perspectives and talents, and to earn trust by living up to our commitments and by clearly explaining the intent of our policies and actions.
With our defined-benefit pension plan, benefits, and high flexibility for work life balance - find out more about why we are annually ranked as one of Canada’s top employers: Working Here - Bank of Canada
Find out more about the next steps in our Recruitment process.

WHAT YOU WILL DO

As an Operations Analyst, you will be responsible for the analysis, execution and reporting of processes and transactions to support the operational activities of the Treasury, Auctions, and Settlements Systems (TASS) team across both Ottawa and Calgary. These activities include the daily forecasting and reconciliation of payment flows to determine the Bank’s cash position, the preparation and execution of cash and securities auctions for the Government and the Bank, the review and completion of securities contracts and margin calls, both domestic and foreign, and the co-ordination of securities pricing.
You will utilize your business and systems knowledge to recommend and implement solutions to novel and complex operational issues as they arise. You also will monitor, analyze and highlight trends related to operational activities, to support execution and planning . If operational issues arise, you will work diligently to resolve them in a timely manner seeking guidance from the team and the Senior Manager, Auctions, Settlement Balances and Middle Office as appropriate.
You will also actively contribute to systems development and changes under an Agile approach to project delivery. You will provide subject matter expertise, helping to define business requirements, collaborating on improvements, preparing and executing test cases, advising on adjustments to work processes and documenting new procedures.
The Financial Markets Department (FMD) contributes to the fulfillment of the Bank’s financial system, funds management, and monetary policy objectives. The TASS groups in Ottawa and Calgary support those objectives through a range of financial market and treasury management activities on behalf of the Bank, the Government of Canada and other key stakeholders.