Analyst, Securities Lending, Trade Ops

5700 Yonge St, North York, ON M2M 4G3, Canada

Job Description

Posted Monday, March 24, 2025 at 4:00 AM

Questrade Financial Group (QFG), through its companies - Questrade, Inc., Questrade Wealth Management Inc., Community Trust Company, ThinkInsure, Zolo, and Flexiti, provides securities and foreign currency investment, professionally managed investment portfolios, mortgages, insurance, real estate services, financial services and more. Questrade uses cutting-edge technologies to develop innovative products that give customers better, more affordable ways to take control of their money.

We are everything a traditional financial institution is not. At QFG, you will be constantly moving forward, bringing the future of fintech into existence. You will be a part of a collaborative team that cares deeply about our mission and each other. Your team members will help you conquer challenges, push boundaries and discover what you are truly capable of.

This is a place where you can explore, discover and learn with continuous growth. As a diverse and inclusive place to work, with a hybrid working environment you can unleash your creativity and curiosity with no limits. If you share the same sense of infinite possibility, come shape your future at QFG.

What’s in it for you as an employee of QFG?

• Health & wellbeing resources and programs
• Paid vacation, personal, and sick days for work-life balance
• Competitive compensation and benefits packages
• Work-life balance in a hybrid environment with at least 3 days in office
• Career growth and development opportunities
• Opportunities to contribute to community causes
• Work with diverse team members in an inclusive and collaborative environment

We’re looking for our next Analyst, Securities Lending, Trade Ops. Could It Be You?

The purpose of the Analyst, Securities Lending, Trade Ops is to mitigate financial, regulatory and reputational risks by ensuring the SLA and regulatory compliance of third-party clearing operations services and in-house processes. They work collaboratively to foster productive and positive relationships for the benefit of Questrade’s clients and overall business operations.

The Analyst for Securities Lending and Finance will provide support to the Securities Lending and Finance desk and will be responsible for all operational tasks for both desks. The position requires individuals to actively participate in the daily process. They will act as the first point of escalation for both internal and external stakeholders. They foster positive and productive relationships internally and with third parties and work collaboratively with all parties to effectively resolve issues.

Responsibilities include but are not limited to:

• Responsible for all operational tasks for both Securities Finance and Securities Lending desks including oversight of third-party service bureau
• Review and resolve daily Contract & Compare breaks
• Work on all operational tasks for Securities Finance including P&L on monthly basis
• Coordinate daily repays /returns
• Manage Recalls and buy-ins and settlements of securities lending trades
• Review cash collateral mark to market transactions for accuracy and completion
• Monitor Loanet profit center activity for accurate coding
• Communicate relevant information to Trade Desk and with settlements to help resolve inquiries
• Provide accurate and reliable feedback to treasury, risk, finance, compliance, or any other relevant department as requested
• Constantly monitor and review existing processes and seek to identify ways to improve performance and efficiency
• Be an integral part of brainstorming, designing and implementing process and procedures
• Keep current on Questrade products, services, programs, policies and procedures
• Assist with billing and the onboarding of new clients
• Manage client relations as well as relationships with internal departments
• Assist with writing test scenarios and executing test cases
• Other duties, as assigned

So are YOU our next Analyst, Securities Lending, Trade Ops? You are if you…

• Have 1-2 years of relevant work experience in middle office security lending/operations
• Have a post-secondary degree/diploma in related field or equivalent experience
• Have strong communication and interpersonal skills and experience in building and maintaining solid working relationships internally and externally.
• Have strong organizational and time management skills
• Have the ability to use Excel at an intermediate level
• Have the ability to navigate Google Suite
• Have the flexibility and an ability to manage ad-hoc requests
• Have previous experience dealing with Securities lending, Security Finance, brokerage operation and international settlements
• Have knowledge of BPS, Arrow, CDS, DTC, BNP, Loanet, HELIX and Apex

Please note this role will be required to be in office 3 days a week.

Sounds like you? Click below to apply!

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At Questrade Financial Group of Companies, with multiple office locations around the world, we are committed to fostering a diverse, inclusive and accessible work environment. This is an environment where individuals are treated with dignity and respect. Here, the unique skills and experience you bring will be valued. You will be supported and motivated, so that you can harness your unlimited potential. Our team reflects the diversity of the communities we serve and operate in. Having a collaborative and diverse team helps us push boundaries to bring the future of fintech into existence—not only for the benefit of our customers, but for those who build their career with us.

Candidates selected for an interview will be contacted directly. If you require accommodation during the recruitment/selection process, please let us know and we will work with you to meet your needs.