Analyst, Securities Operations (CDS Depository Control)

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.

Ready to be part of the action?

As Canada’s national securities depository, clearing, and settlement hub, The Canadian Depository for Securities Limited (CDS) is the backbone of the nation's equity, fixed income, and money markets. We are looking for a detail-oriented Analyst to join our team in Montreal. In this role, you will be accountable for the safe custody and movement of securities, the processing of post-trade transactions, and the seamless distribution of entitlements for our participants.

Reports to: Manager, CDS Transfer and Clearing Operations

Job Location: This role is hybrid (2-3 days/week in the office) - based in Montreal, QC

Key Accountabilities:

• Operational Execution: Execute the timely processing of deposits, withdrawals, and security/funds ledger adjustments to maintain accurate depository records.

• Cross-Border & Movement Monitoring: Actively monitor cross-border security movements and ensure all activity aligns with established clearing and settlement protocols.

• Reconciliation & Control: Review daily strip reconciliation reports and resolve any "out of balance" discrepancies promptly to mitigate operational risk.

• Shareholder Communications: Oversee the authorization of Shareholder meetings (NRMDs), coordinate weekly publications in financial newspapers, and manage the distribution of bulletins for shareholder declarations.

• Reporting & Compliance: Manage the Holders of Record requests and lead the annual declaration process for Canadian Banks, ensuring all predetermined regulatory deadlines are met.

• Financial Administration: Facilitate monthly billing by inputting relevant statistics and fees, ensuring all invoices are processed and paid in a timely manner.

• Client Service: Serve as a professional point of contact for customer inquiries, providing technical solutions for moderately complex operational problems.

Must Have(s):

• Education: Post-secondary education in Finance, Business, or Commerce.

• Experience: A minimum of 1–3 years of progressive experience within the Securities or Financial Industry.

• Industry Knowledge: A solid understanding of trading, clearing, and settlement procedures.

• Technical Proficiency: Strong skills in Google Workspace and standard desktop applications.

• Communication: Excellent written and verbal communication skills with a high degree of interpersonal savvy.

• Organizational Skills: Proven ability to prioritize high-volume tasks under strict deadlines with minimal supervision.

Nice to Have(s):

• Previous experience specifically within a depository or clearing house environment.

• Fluency in both French and English (written and spoken) is an asset, as this role involves regular interaction with partners and stakeholders in both languages.

In the market for…

Excitement - Explore emerging technology and innovation, as well as ventures and digital finance that shape the future of global markets! Experience the movement of the market while grounded in the stability of close to 200 years of success.

Connection - With site hubs in some of the world’s most multicultural cities, we leverage our size and structure to create rich connections and belonging while experiencing powerful global impact through our work.

Impact - More than a platform, we use our talents to power mission-critical systems that drive global economic advancement, innovation, and growth. As well, our employee-led Team Impact spreads social good via our giving strategy.

Wellness - From empathetic leadership to a culture of flexibility and balance, we believe wellness at work creates the maximum yield and a stronger “we”. Plus, with a cloud-first and hybrid workstyle, as well as generous time-off and leaves, we support a life well lived! 

Growth - From a growth mindset in our work, to expansion in our business, TMX is home to action-takers energized by the achievement of ambitious growth.

Ready to enrich your career with impactful work, leaders who truly care, and the flexibility and programs to help you thrive as part of #TeamTMX ? Apply now.

Please note that our company is not currently sponsoring work permit applications and the applicant must be authorized to work in the country where this position is located. 

TMX is committed to creating and sustaining a collegial work environment in which all individuals are treated with dignity and respect and one which reflects the diversity of the community in which we operate. We provide accommodations for applicants and employees who require it.