BorderlessHR Inc. Looking for Operation Analyst at Montreal, Quebec, Canada Full Time

About Role:

We are seeking a dedicated Operation Analyst to join our dynamic team. In this role, you will play a pivotal part in ensuring meticulous preparation and supervision of daily and monthly management revenues. Collaborating with multiple teams, you’ll analyze and report on P&L with a keen eye for detail and accuracy. Your expertise will reconcile PnL, resolve discrepancies, and ensure alignment with trading strategy. With proficiency in communication, collaboration, and a control mindset, you’ll drive efficiency and excellence across our organization.

Responsibilities:

• Orchestrating the meticulous preparation and vigilant supervision of daily and monthly management revenues for the Rates and FXLM arena, ensuring a harmonious reconciliation with the traders’ estimations and financial records.
• Active participation in invigorating business development initiatives, spanning various client support domains and geographical locations.
• Astute analysis and comprehensive reporting of daily P&L, complete with a granular Greek breakdown, spanning a diverse array of products encompassing futures, options, equities, variance & correlation swaps, interest rate derivatives, and Structured Products.
• Diligent reconciliation of PnL to Front office assessments, accompanied by meticulous attention to detail on Greeks and a meticulous breakdown of new deals.
• Swift resolution of PV discrepancies, fostering harmony between client/counterparty settlement amounts and P&L control estimates.
• The vigilant substantiation and resolution of cash breaks, occurring daily, between Back office ledger and P&L systems.
• A vigilant eye on the pricing configuration to ensure alignment with trading strategy and internal controls, in close collaboration with V&RC and Risk departments for consistency enforcement.
• In-depth analysis, profound comprehension, and insightful commentary on P&L, driven by the adept use of analytical tools.
• Active partnership with front office and trade support, working harmoniously to resolve operational and booking challenges.
• Collaborative efforts with front office and market risk to culminate month-end P&L with an eagle eye on the validation of Map and Reserves at the trading book level.
• Collaborative dialogues with the Risk team to evaluate and elucidate cash and PV movements, exceeding established thresholds to facilitate insightful risk reporting.
• Ensuring that MTD management P&Ls are in harmonious resonance with the final end-of-month general ledger P&L.
• Spearheading the deployment of new systems, an assignment that extends beyond traditional boundaries, encompassing contributions to TAC/NAC, meticulous requirements gathering, UAT database testing, performance validation, and comprehensive impact reporting.
• Engaging in comprehensive discussions and reviews of trading P&Ls with senior management.
• Playing a pivotal role in the nurturing and development of junior team members.
• A relentless pursuit of enhanced controls and efficiencies.

Job Requirements:

• Bachelor’s degree or equivalent.
• 4+ years of experience in P&L Control, Finance, Trade Support, Valuations, Risk, or Front Office.
• Strong understanding of P&L attributes and Greeks.
• Exceptional attention to detail and accuracy.
• Strong interpersonal and communication skills.
• Ability to thrive in a fast-paced, collaborative environment.
• Proficiency in Excel & PC skills.
• Continuous improvement mindset.
• Relationship-building skills and team collaboration.
• Control-oriented mindset.

Preferred Qualifications:

• Working knowledge of VBA & Python (strong preference).
• Graduate degree in Finance, Mathematics, Engineering, or quantitative disciplines.
• Experience in Fixed Income P&L.
• Proficiency in financial markets, especially Fixed Income.
• Experience in pricing, valuation, or hedging of derivatives.