About this role
Business Analyst:
On behalf of our Banking client, Procom is searching for a Business Analyst for a contract role ending March 31st, 2027. This position is a hybrid position with 3 days onsite at our client’s Toronto office.
Business Analyst - Job Description:
The Business Analyst will be part of the Fixed Income Middle Office (FIMO) team, focusing on supporting post-trade activities across Interest Rate Derivatives. The role involves working within the Compression and Derivative Support team to ensure accurate processing and effective controls in a strategic growth area for the bank.
Business Analyst - Responsibilities:
• Support daily CMPIRD activities during Toronto business hours
• Assist with Global CCP Portfolio Compression processes and reporting
• Support reconciliation, validation, and payment of Interest Rate Derivative brokerage and fees
• Investigate and help resolve trade-level cash breaks and discrepancies
• Perform ad hoc bulk lifecycle actions and support corporate action postings
• Respond to queries relating to Risk, P&L, and Funding differences
• Work closely with global FIMO teams to support post-trade lifecycle maintenance
• Assist with updating procedures and supporting control and audit requirements
• Participate in process improvement and change initiatives
Business Analyst - Mandatory Skills:
• Middle office experience
• Fixed income experience
• Product experience
• Strong communication skills
Business Analyst – Nice-to-Have Skills:
• Excel/VBA/formulas
• Compression experience
• AI assistant experience
Business Analyst – Assignment Length:
This is a contract position ending on March 31st, 2027.
Business Analyst - Start Date:
ASAP
Business Analyst - Assignment Location:
Toronto, Ontario, Canada. This is a hybrid role with 3 days in the office.