Operations Officer

Job summary

The Operations Officer will manage OTC derivatives processing, reconciliation, and middle office trade matching. They are responsible for monitoring trade flows, clearing transactions, and coordinating with custodians and brokers.

Job details

Location: 700 Boul. René-Lévesque Ouest, Suite 300 Montréal QC H3B 1X8 Job Type: Full time, Permanent position Job Title: Operations Officer – IMS Department: Fund Services CACEIS is the asset servicing banking group of Credit Agricole dedicated to asset managers and institutional investors. Through offices across Europe, North and South America and Asia, CACES offers a broad range of services covering execution, clearing, forex, securities lending, custody, depositary, fund administration, fund distribution support, middle-office outsourcing and issuer services. CACEIS is a consolidator in the European asset servicing market and posts sustained growth in its business activities. The group holds €5.3 trillion in assets under custody and €3.4 trillion in assets under administration (figures as of 31 December 2024) By working every day in the interest of society, we are a Group committed to diversity and inclusion and place people at the heart of all our transformations. All our job offers are open to persons with disabilities. The activities associated with this Team are Middle Office Servicing, Derivatives Clearing as well as OTC Derivatives processing and reconciliation. Must have skills: Ideally 6+ months of financial services experience within [middle office / trade management/ trade clearing/ working with OTC derivatives, etc.] Securities knowledge (Could be from CSC and or banking industry experience) Excel (Pivot tables, Chart manipulation, Basic Formulas) Attention to detail Role Responsibilities: Banking services: OTC Derivatives Understanding of OTC products and integration of transactions in the Middle Office application Reconcile OTC cleared transactions with Clearing brokers Handle the reconciliation of Middle Office positions Derivatives Middle Office for Execution Monitor the clearing and posting to Clients’ accounts of the derivatives transactions booked with the dealing room in our Paris Office. Monitor the sending of the relevant confirmations and reports to Clients. Trigger the sending of instructions to Custodians. Middle Office trade matching and flow monitoring Monitor and whenever necessary repair or release flows transiting through our dedicated acquisition tool Match and reconcile trades with broker/dealer Follow up pending instructions with back office and custodians What We Offer: Competitive salary: Bonuses are available, amounts are discretionary and performance based Benefits Package: Health Benefits which include Extended Health Benefits, Dental Plan, Vision Care, Paramedical Services Coverage Life Insurance Long Term Disability Maternity and paternity benefits (Top Up) Registered Retirement Savings Plan (RRSP) Subsidised public transportation Vacation entitlement starting at 3 weeks Annual Learning and Training Subsidy paid by employer Professional development opportunities and training A collaborative and supportive team environment Exposure to the asset management industry with opportunities for growth

What you’ll do

The Operations Officer will manage OTC derivatives processing, reconciliation, and middle office trade matching. They are responsible for monitoring trade flows, clearing transactions, and coordinating with custodians and brokers.

Requirements

Candidates should have at least 6 months of financial services experience, specifically in middle office or trade clearing. Proficiency in Excel and a strong understanding of securities and OTC products are essential.

Benefits

• Health benefits • Extended health benefits • Dental plan • Vision care • Paramedical services coverage • Life insurance • Long term disability • Maternity and paternity benefits • Registered retirement savings plan • Subsidised public transportation • Vacation entitlement • Annual learning and training subsidy • Professional development opportunities

Listed skills

• Attention to detail · Preferred
• Microsoft Excel · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Middle office
• Trade management
• Trade clearing
• OTC derivatives
• Securities knowledge
• Excel
• Pivot tables
• Chart manipulation
• Attention to detail
• Reconciliation
• Financial services
• Banking

Job areas

• Finance & Accounting
• Administrative