VENTURE OUTSIDE THE ORDINARY - TMX CAREERS

The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets. United as a global team, we’re connecting cross-functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and propelling progress. Through a rich exchange of ideas, meaningful collaboration, and a nimble operating model, we’re powering some of the nation’s most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team.

KEY ACCOUNTABILITIES :

• Act as the primary escalation point for all matters related to Collateral, Banking, Clearing, Settlements and Corporate Actions ensuring effective and efficient client support is provided to all Clearing Members for TRS Transactions;
• Manage and maintain Collateral and Concentration Requirements, including the collection of collateral to satisfy the Intra-day & End-of-day Margin calls via securities pledge or cash, and overseeing the timely flow of funds to/from CDCC;
• Ensure timely completion of the payment processing and settlements including end of Day obligations;
• Ensure TRS Clearing Members meet their trade settlement obligations;
• Verify daily Cash Reconciliation of the various securities and cash accounts with CDCC Settlement Banks, Custodians and Triparties;
• Collaborate and partner with internal and external auditors, regulators, technology teams, client services, and risk management to ensure compliance and effective issue resolution;
• Ensure strict adherence to internal procedures, rules, audit requirements and internal controls verification processes;
• Serve as the primary delegate for the Manager, OTC Derivatives, on the CDCC Corporate Actions Committee;
• Proactively identify and recommend changes to existing processes, services and procedures to enhance customer service, and operational efficiency;
• Support and participate in the Business Continuity Program, Disaster Recovery Program, Default Simulation and other testing exercises to ensure operational resilience;
• Contribute to strategic projects, including regulatory change implementation and system upgrades.

Please refer the Job description for details