Clearing Services Analyst

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?

Job Summary:

Canadian Derivatives Clearing Corporation (CDCC), a wholly-owned subsidiary of the Montréal Exchange (MX), acts as the central clearing counterparty (CCP) for exchange-traded derivative products in Canada and for a growing range of financial instruments trading in the over-the-counter (OTC) markets. CDCC also offers central counterparty clearing services for the Canadian fixed income repo market.

The Clearing Services Analyst acts as a key contributor to the growth and strategic development of CDCC. The analyst is able to produce in-depth analysis on financial markets and services that support strategic and operational projects and changes.

You will collect, monitor, and analyze market and industry data to highlight trends and provide substantiation for business cases and/or new initiatives. You may also be required to formulate recommendations based on the analysis which may include peer comparisons. You will also be able to engage and contribute to discussions with a wide variety of internal and external stakeholders including business partners, clients, and regulators.

**Key Accountabilities

• Supports the execution of strategic initiatives in collaboration with internal and external stakeholders
• Breaks down strategic problems, and analyzes data and information to provide insights and recommendations
• Coordinates and executes specific activities for the implementation of strategic initiatives; includes tracking metrics and milestones
• Analyzes data and information in systems to provide insights and recommendations
• Assist in the preparation and presentations of business cases
• Follows services and market development trends at other clearinghouses and provides summaries and comparisons with CDCC practices
• Keeps up to date with developments in competitive forces in clearing space and highlights any threats/development
• Follows upcoming regulations affecting participants and provides summaries of likely impacts on clearing members
• Analyzes evolution of fee models at other clearinghouses and participates in internal working groups to study fees and proposes and/or supports recommended changes
• Provides answers and submits global industry groups annual surveys

**Must haves

• Bachelor’s degree in Finance, Commerce, or a related field (Master’s degree preferred).
• 1-2 years of experience in financial markets, focusing on data analysis, business operations, or IT roles.
• Strong proficiency in both qualitative and quantitative analysis, with the ability to align findings with business strategy.
• Technical expertise in analytical tools, acquired through education or professional experience.
• Proven ability to work autonomously in a dynamic, fast-paced environment alongside high-performing professionals.
• Positive, energetic attitude with keen attention to detail.
• Excellent communication, presentation, and organizational skills.
• Advanced problem-solving and analytical abilities.
• Eagerness to learn, with a strong ability to collaborate effectively with cross-functional teams.
• Proficient in Microsoft Office, particularly Excel and Access.
• Skilled in preparing polished PowerPoint presentations.
• Fluency in both French and English (written and spoken) is required, as this role involves regular interaction with partners and stakeholders in both languages.

**Nice to haves

• Familiarity with Bloomberg Terminal.
• Proficient in Google Suite

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.

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.