Trade Support Analyst
Montreal, QC · On-site
The Control team supports multiple Fixed Income business lines, including Rates, FX, Treasury ... Treasuries and bond settlement processes. Experience with trade lifecycle management ...
Trade Support Analyst
Montreal, QC · On-site
The Control team supports multiple Fixed Income business lines, including Rates, FX, Treasury ... Treasuries and bond settlement processes. Experience with trade lifecycle management ...
Product exposure should include understanding of Fixed Income products (US Treasuries, Agencies ... settlement - BONY AccessEdge - FED, DTC, Euroclear settlement - GSCC/FICC netting - Equilend ...
Product exposure should include understanding of Fixed Income products (US Treasuries, Agencies ... settlement - BONY AccessEdge - FED, DTC, Euroclear settlement - GSCC/FICC netting - Equilend ...
Programmer Analyst
Montreal, QC · On-site
... settlement, and straight through processing of electronic trades within the Post Trade FIC (Fixed Income & Currencies) team. This involves active interaction with various upstream and downstream ...
Programmer Analyst
Montreal, QC · On-site
... settlement, and straight through processing of electronic trades within the Post Trade FIC (Fixed Income & Currencies) team. This involves active interaction with various upstream and downstream ...
Programmer Analyst
Montreal, QC · On-site
... settlement, and straight through processing of electronic trades within the Post Trade FIC (Fixed Income & Currencies) team. This involves active interaction with various upstream and downstream ...
Programmer Analyst
Montreal, QC · On-site
... settlement, and straight through processing of electronic trades within the Post Trade FIC (Fixed Income & Currencies) team. This involves active interaction with various upstream and downstream ...
Fixed Income Settlement information
What is a fixed income settlement?
Fixed Income Settlement jobs involve processing and reconciling transactions related to fixed income securities such as bonds and treasury bills. Professionals in this role ensure that trades are settled accurately and on time by coordinating with counterparties, custodians, and internal teams. They are responsible for resolving discrepancies, managing trade confirmations, and complying with regulatory requirements. Attention to detail and strong organizational skills are essential for success in this field.
What are the key skills and qualifications needed to thrive as a fixed income settlement specialist?
To thrive in Fixed Income Settlement, you need a solid understanding of financial markets, fixed income products, and settlement processes, typically supported by a finance degree or relevant experience. Familiarity with settlement platforms like DTCC, Euroclear, and Bloomberg, as well as knowledge of SWIFT messaging and relevant regulations, is essential. Attention to detail, strong problem-solving abilities, and effective communication are vital soft skills for managing complex transactions and resolving discrepancies. These skills ensure timely, accurate settlements and minimize operational risk in a fast-paced financial environment.
What are some common challenges faced in a fixed income settlement role, and how can they be managed effectively?
Professionals in Fixed Income Settlement often face challenges such as tight deadlines, high transaction volumes, and the need to ensure absolute accuracy in processing trades. Settlement failures or discrepancies can result in financial penalties and impact client relationships. To manage these challenges, attention to detail, strong organizational skills, and a proactive approach to problem-solving are essential. Collaboration with traders, custodians, and back-office teams is also critical for timely resolution of issues and smooth workflow.
What is the difference between Fixed Income Settlement vs Fixed Income Trade Support?
| Aspect | Fixed Income Settlement | Fixed Income Trade Support |
|---|---|---|
| Primary Role | Processing and confirming settlement of fixed income securities | Supporting trade lifecycle, resolving issues, and ensuring trade accuracy |
| Credentials | Typically requires knowledge of settlement processes, certifications like CFA or equivalent | Requires understanding of trade workflows, often similar certifications |
| Work Environment | Settlement desks, back-office operations | Trade support teams, front-to-back office |
| Industry Usage | Common in asset management, banking, and brokerage firms | Used across similar financial institutions for trade processing support |
Fixed Income Settlement focuses on the actual settlement process of securities, ensuring trades are completed accurately. Fixed Income Trade Support involves supporting the trade lifecycle, resolving discrepancies, and maintaining trade integrity. Both roles require similar credentials and work environments, but their core functions differ in scope and focus.
Is fixed income settlement a good career?
Fixed income settlement is a specialized role within finance that involves processing and confirming bond and debt security transactions. It requires attention to detail, knowledge of financial instruments, and familiarity with settlement systems, making it suitable for individuals interested in financial operations and securities processing. The career can offer stability and opportunities for advancement in the financial services industry.
What are popular job titles related to Fixed Income Settlement jobs in Quebec?
For Fixed Income Settlement jobs in Quebec, the most frequently searched job titles are:
What job categories do people searching Fixed Income Settlement jobs in Quebec look for?
The top searched job categories for Fixed Income Settlement jobs in Quebec are:
Trade Support Analyst
Montreal, QC • On-site
Societe Generale
Full-time
Re-posted 2 days ago
Job description
About the Position
Within Global Banking Technology and Operations (GBTO), the Trade Support Unit (TSU) department of Operations is responsible for ensuring the accurate booking, control, and support of trading activities under the direction of the Front Office. The Control team supports multiple Fixed Income business lines, including Rates, FX, Treasury, Credit, Financing, and Structured Financing & Investments (SFI), ensuring operational integrity throughout the transaction lifecycle.
Responsibilities
In coordination with the Front Office and all support functions (Middle Office, Back Office, Risk, Finance, IT, etc.), the Control team is responsible for the following for
Cash bond:
Managing TRACE (FINRA platform) reporting, GSCC matching, and trade setup.
Enforcing controls to ensure executed trades are booked promptly and accurately.
Monitoring STP flows, resolving trade breaks, and performing quality control of trading activity.
Processing lifecycle events across supported products.
Performing reconciliations across multiple systems and investigating discrepancies.
Conducting regulatory controls, including TRACE reporting and Reg W monitoring.
Reviewing position controls and Front Office-to-Back Office reports.
Ensuring consistency of processes and controls with global TSU counterparts.
Maintaining and updating operational procedures and documentation.
Responding to requests from Audit, Compliance, and Inspection teams.
Liaising with Front Office, Back Office, Product Control, Risk, Finance, and IT teams globally.
Participating in testing activities related to system upgrades and enhancements.
Handling ad hoc requests from traders and salespeople.
Structured Financing & Investments (SFI)
Monitor financing transactions collateralized by various asset types, including Hedge Funds, Private Equity Funds, Bonds, Equities, and Letters of Credit.
Perform daily reconciliations and investigate and resolve discrepancies related to financing and collateral positions.
Ensure financing, collateral, and transaction data are accurate, complete, and up to date.
Book and process cash movements related to financing activities, including funding, repayments, interest, fees, and collateral movements.
Support the lifecycle management of financing transactions and liaise with Front Office, Operations, Finance, and external counterparties to resolve operational issues.
Profile Required
What does it take to get the job?
Bachelor's degree in finance, Economics, Accounting, Business Administration, or a related field.
Experience in financial markets and trade support functions, preferably within Fixed Income products.
Knowledge of Fixed Income products, including Bonds, Interest Rate Derivatives, Financing products, and Treasury instruments.
Understanding of Interest Rate Swaps (IRS), Total Return Swaps (TRS), Credit Default Swaps (CDS), and relevant clearing workflows.
Good understanding of U.S. Treasuries and bond settlement processes.
Experience with trade lifecycle management, reconciliations, and operational controls.
Proficiency in Microsoft Excel; knowledge of VBA is an asset.
Bilingualism (English/French) is considered an asset.
Strong analytical, problem-solving, and organizational skills.
Excellent interpersonal and communication skills with the ability to collaborate across teams.
Demonstrated initiative and a solution-oriented mindset.
Ability to prioritize effectively and perform in a dynamic, deadline-driven environment.
LANGUAGE:
Ability to communicate in English, both orally and in writing, is a requirement as the person in this position will need to collaborate regularly with colleagues and partners in the United States.
Due to US Federal Securities law that may apply to this position, candidates who will apply for this position may be required to submit to an enhanced background screening, including the collection of their fingerprints by a third-party vendor selected by the Financial Industry Regulatory Authority ("FINRA").