Post Trade Associate

About the Role

This position is with a major international bank serving corporate, institutional, and commercial clients through investment banking, capital markets, structured finance, and commercial banking services worldwide. The Post Trade Associate will operate in Montreal within the Global Markets Division (GMD), supporting Front Office operations from Hong Kong and other Asian satellite offices in the back office systems. The role involves ensuring smooth transaction processing through rigorous control mechanisms across Forex, Credit, Treasury, and Interest Rate Derivatives products.

The work model is hybrid, starting with onsite training before moving to a combination of office presence and remote work (two days remote per week). The role is full-time and permanent, offering a salary range of 92,500 to 95,000 CAD plus a 10% bonus, four weeks of vacation, and a strong benefits package including RRSP matching (employee contributes 2%; employer contributes 8%).

Key Responsibilities

• Ensure accurate integration of Front Office transactions into Back Office systems.
• Perform deal checks against trade documentation and coordinate with internal teams to resolve discrepancies.
• Investigate internal queries, including deal searches, requests for information, and Front Office-Back Office reconciliations.
• Execute controls on operations ensuring compliance with local regulations and internal policies.
• Handle requests from Control, Reconciliation, and Accounting teams.
• Manage fixings within back office platforms.
• Process bookings for non-STP (Straight Through Processing) transactions based on provided documentation.
• Manage transversal operations such as brokerage values and structure IDs.
• Support line managers in project execution and global initiatives.
• Assist in system improvements and conduct User Acceptance Testing (UAT).
• Contribute to the creation and periodic updating of operational procedures.
• Identify and escalate operational risks to management promptly.

Main Financial Products

• Foreign Exchange instruments (FX Spot, FX Swap, FX Forward, FX Options, FX Non-Deliverable Forward)
• Treasury products such as Deposits and Loans
• Rates products including Swaps, Caps, Floors, Forward Rate Agreements (FRA), Swaptions, and Interest Rate Futures
• Structured financial products

Communication and Stakeholders

• Internal: Back Office, Front Office, Middle Office, IT, Compliance, Legal, Permanent Control, and Finance departments
• External: Service providers, relationship managers, agent banks, brokers, interbank clients, corporate clients, and auditors

Technology and Systems

• Proficient use of MS Office suite
• Experience with banking and trading systems such as Kondor, KEOPS, DISCO, Docstore, CFETS, Calypso, CIBOS, OT, Omega, and Summit

Qualifications and Experience

• University degree required; preference for business administration, banking, or finance disciplines
• Between 4 to 6 years’ experience in capital markets operations or middle office functions
• Strong understanding of financial products and related operational risks, especially in Fixed Income and FX
• Familiarity with processing frameworks and regulatory compliance beneficial
• Good judgment, attention to detail, and common sense highly valued
• Strong analytical, organizational, and interpersonal skills
• Ability to multitask and perform well under pressure
• Fluency in English required; proficiency in French or Asian languages is an advantage
• Comfortable with PC applications including MS Office and VBA scripting
• Ability to thrive in a diverse, multicultural environment