- high-performance, people-focused culture
- our commitment that equity, diversity, and inclusion are fundamental to our work environment and business success, which helps employees feel valued and empowered to be their authentic selves
- learning and development initiatives, including workshops, Speaker Series events and access to LinkedIn Learning, that support employees’ career growth
- membership in HOOPP’s world class defined benefit pension plan, which can serve as an important part of your retirement security
- competitive, 100% company-paid extended health and dental benefits for permanent employees, including coverage supporting our team's diversity and mental health (e.g., gender affirmation, fertility and drug treatment, psychological support benefits of $2,500 per year, parental leave top-up, and a health spending account).
- optional post-retirement health and dental benefits subsidized at 50%
- yoga classes, meditation workshops, nutritional consultations, and wellness seminars
- the opportunity to make a difference and help take care of those who care for us, by providing a financially secure retirement for Ontario healthcare workers
Job Summary:
Reporting to the Manager, Securities Operations, the Analyst, Securities Operations is responsible for the daily processing of derivatives and marketable transactions, which encompasses trade capture, cash payments, and maintaining of all information pertaining to the asset throughout the life cycle. This is particularly complex due to the individual nature of trades and investment strategies relating to derivatives and marketable, as well as the rapid growth in the size of the derivatives exposures. The individual in the position possesses strong and comprehensive knowledge of multiple types of products. The Analyst, Securities Operations will have considerable co-ordination and liaison between the Investment Management Group, Investment Finance, fund custodians, various financial counterparties, and the IT Investment Solutions Group.
What you will do:
- Responsible for the accurate, timely and complete trade capture of all capital market instruments including fixed income, equities, and derivatives.
- Reconcile, troubleshoot, and confirm settlement of daily variation margin for Futures and Listed options and centrally cleared OTC swaps such as Interest Rate Swaps and Credit Default Swaps.
- Liaise with HOOPP’s numerous external counterparties to verify and validate cash movements for derivative settlement purposes and input payments in Custodian’s portal or HOOPP’s internal system, NOVA.
- Provide reporting to Investment Finance and Investment Management including but not limited to: Cash Flow Projection, Trade Blotter, Hedge check reports, SimCorp Dimension Holding Key Infractions Reconciliation, End of Day Equity Options and Swaption Maturity Integrity Check.
- Perform daily position reconciliation between HOOPP and Custodian positions, follow-up on discrepancies.
- Process corporate actions as required.
- Evaluate existing processes and continually identify opportunities for improvement or enhancement.
- Liaise with the other departments within Investment Finance as required in resolving issues such as derivative settlement discrepancies, corporate actions, and trade processing.
- Assist project groups in the implementation and testing of ongoing projects.
- Participate actively in teamwork and knowledge sharing within Securities Operations and throughout Investment Finance.
- Build and transfer knowledge with other Analysts and back up critical daily activities
What you bring:
- University degree in Business, Finance, or related discipline
- Completion or enrolment in a professional designation program (ie.CFA)
- Minimum 5 years of experience in a financial sector, preferably in capital markets
- Strong knowledge of capital market instruments including fixed income and equities
- Strong knowledge of derivative instruments such as swaps, options and futures gained through industry experience
- Strong analytical skills and problem-solving skills
- Proactive self-starter who is highly motivated and results oriented
- Attention to detail, accuracy, and completeness is very important along with the ability to handle multiple tasks efficiently
- Ability to meet tight deadlines
- Ability to work independently with minimal direction
- Team player with excellent interpersonal and communication skills
- Identify and implement process improvements where necessary
- Willing to assume other responsibilities as required
- Relevant computer literacy is mandatory
The expected annual base salary range for this role is: $71,000 - $109,000 CAD
The actual base salary offered to the successful candidate may vary based on multiple factors including, but not limited to, individual's expertise and level of experience applicable to the role they are being offered.
This job is for an existing vacancy.
HOOPP may use artificial intelligence tools to assist in screening, assessing and selecting applicants for this position. These tools support our recruitment process but do not replace human judgment and decision-making.
Skills Required
- University degree in Business, Finance, or related discipline
- Completion or enrolment in a professional designation program (e.g., CFA)
- Minimum 5 years of experience in the financial sector
- Experience preferably in capital markets
- Strong knowledge of capital market instruments including fixed income and equities
- Strong knowledge of derivative instruments such as swaps, options and futures
- Strong analytical and problem-solving skills
- Proactive self-starter, highly motivated and results oriented
- Attention to detail, accuracy, ability to handle multiple tasks and meet tight deadlines
- Ability to work independently with minimal direction
- Team player with excellent interpersonal and communication skills
- Identify and implement process improvements
- Relevant computer literacy (experience with systems such as SimCorp Dimension and internal trading/settlement systems)
What We Do
Established in 1960, the Healthcare of Ontario Pension Plan (HOOPP) is a multi-employer defined benefit pension plan for Ontario's hospital and community-based healthcare sector. We serve more than 460,000 members who provide valued healthcare services at more than 670 employers across the province. At HOOPP, we exist to provide a stable and reliable pension for our members that starts in retirement and is paid for life. As one of Canada's largest and most respected pension plans, HOOPP's net assets reached $112.6 billion at the end of 2023 and our funded status remained strong at 115%. HOOPP's core values - professional, accountable, collaborative, compassionate and trustworthy - guide our every interaction with our members, employers and employees. We've become one of Canada's leading pension plans by consistently challenging ourselves and embracing innovation. From our unique investment management approach to our innovative technology and thought-provoking research, we constantly seek to push the boundaries, and we do this by hiring passionate, forward-thinking people. Our high-performance culture, which spans our head office in Toronto and our office in London (UK), is founded on collaboration, respect and belonging. HOOPP is an equal opportunity employer and we're proud of our diversity. We select applicants for employment solely on the basis of their qualifications. Should you require accommodation because of a disability during the recruitment and selection process, please contact our Human Resources team. We will be happy to consult with you so that arrangements can be made for reasonable accommodation
