Middle-office OTC Derivatives Analyst - 186521-1

On behalf of our client, a leading global financial institution, we are seeking an experienced Middle-office OTC Derivatives Analyst to join their Alternative Investment Services (AIS) Operations team. Operating within a collaborative, positive, 50-person department divided across Reconciliation, Valuation, and Processing teams, you will play a critical role in the daily processing, valuation, and accounting of alternative and OTC derivative products.

This is an immediate-start, 12-month hybrid contract offering comprehensive onboarding—including a week of setup and introductions followed by 2 to 4 weeks of structured training, shadowing, and Detailed Operating Procedures (DOPs)—with strong potential for long-term extension or permanent conversion.

Advantages
•Premier Financial Environment: Gain hands-on experience within the AIS Operations division of a major tier-one financial institution in downtown Toronto.
•Hybrid Flexibility: Enjoy a balanced hybrid schedule requiring on-site presence 3 days per week (typically Tuesday–Thursday, flexible based on business needs) and remote work for the remainder of the week.
•Comprehensive Onboarding: Hit the ground running with a dedicated 1-week setup and team orientation, followed by 2 to 4 weeks of hands-on training and shadowing.
•Career Growth & Stability: Join a supportive, positive-vibes team of ~50 professionals on a 12-month contract with genuine potential for extension or conversion to a full-time permanent role.
•Streamlined Interview Process: Fast-paced hiring timeline featuring a maximum of two virtual Webex interviews (30–45 minutes each).

Responsibilities
•Perform day-to-day processing and analysis of Alternative products, including a wide variety of OTC Derivatives products and term loans.
•Calculate Mark-to-Market (MTM) valuations for all open positions and post them accurately to respective reporting platforms.
•Execute core accounting functions, including controlling and updating the general ledger, conducting profit and loss (P&L) reviews and analysis, and clearing reconciliation breaks.
•Monitor net cash flows across various investment products.
•Ensure the accurate and timely delivery of client reporting, validating accounting accuracy for performance and exposure analysis.
•Maintain strict compliance with client Trust Agreements, disclosure documents, and industry regulations and guidelines.
•Provide support and guidance to fellow team members and junior staff as needed.
•Complete ad hoc requests and special analyses as directed by management.

Qualifications
Must-Have Qualifications:
•Proven experience in Fund Accounting, Derivatives Administration, Fund of Funds, Hedge Funds, Pension Reporting, and/or Equity Funds.
•Proficiency in Microsoft Office, specifically advanced Excel skills (including VBA/Macros), alongside hands-on experience with Derivatives systems and integration.
•Strong written and verbal English communication skills, with the interpersonal ability to thrive both independently and in a team environment.
•Exceptional attention to detail, strong organizational skills, and the ability to meet strict daily deadlines.
•Flexibility to work the scheduled shift (10:00 AM – 6:30 PM) and commute to downtown Toronto (155 Wellington St. West) at least 3 days per week.
•Technical Requirement: Must possess a functional personal computer for remote workdays (client provides on-site equipment only).

Nice-to-Have Qualifications & Certifications:
•Enrolment in or completion of CAIA, CPA (CGA/CMA), CFA, or another recognized financial accreditation program.
•Prior securities industry experience and a working knowledge of GAAP.
•Familiarity with W360 and Bloomberg Terminal.
•Demonstrated leadership or mentoring capabilities.

Summary
Middle-office OTC Derivatives AnalystLocation: Toronto, ON (Hybrid). Contract Duration: 12 Months (with potential for extension or full-time conversion)

If you are a detail-oriented derivatives specialist with a background in fund accounting or middle-office operations, this 12-month hybrid contract in downtown Toronto offers an immediate opportunity to join a high-performing, supportive team. With structured training, a predictable schedule, and pathways to permanent conversion, this role is ideal for an analytical professional ready to make an immediate impact.

Randstad Canada is committed to fostering a workforce reflective of all peoples of Canada. As a result, we are committed to developing and implementing strategies to increase the equity, diversity and inclusion within the workplace by examining our internal policies, practices, and systems throughout the entire lifecycle of our workforce, including its recruitment, retention and advancement for all employees. In addition to our deep commitment to respecting human rights, we are dedicated to positive actions to affect change to ensure everyone has full participation in the workforce free from any barriers, systemic or otherwise, especially equity-seeking groups who are usually underrepresented in Canada's workforce, including those who identify as women or non-binary/gender non-conforming; Indigenous or Aboriginal Peoples; persons with disabilities (visible or invisible) and; members of visible minorities, racialized groups and the LGBTQ2+ community.

Randstad Canada is committed to creating and maintaining an inclusive and accessible workplace for all its candidates and employees by supporting their accessibility and accommodation needs throughout the employment lifecycle. We ask that all job applications please identify any accommodation requirements by sending an email to [email protected] to ensure their ability to fully participate in the interview process.

This posting is for existing and upcoming vacancies.