Operations – Asset Securitization

  • Full Time
  • Toronto


Job Title Intro
Asset Securitization Analyst

Job Title Job Details
The Asset Securitization Group is a leader in the securitization industry with a significant footprint in both the Canadian and US markets. With experience in both Asset Back Securities (ABS) and Asset Back Commercial Paper (ABCP) markets, the group is highly regarded by both issuers and investors.

The group works closely with a distribution team that has been instrumental in pioneering the securitization markets in Canada and in making the Securities team one of the top dealers of ABCP and ABS. ASG is focused on traditional asset classes originated by large Canadian and multi-national corporations.

In this role, you will have an opportunity to understand the Asset Securitization business, while driving business results and providing legendary experiences for our clients and partners.

As an analyst, we will be looking for someone to take initiative and identify opportunities to work smarter and simpler. You are also expected to understand and manage market and operational risks inherent in the business.

Job Title Mandatory Skills

Capital markets experience: 2 years
2. Advanced Excel: 2 years

Financial industry knowledge

Job Title Desired Skills
1. Programming/macros/Python experience

Job Title Start Date

Job Title Location
77 King Street West, Toronto, Ontario, Canada (Hybrid: 2 days in office)

Job Title Job Accountabilities
– Lead, collaborate, and build strong relationships with key partners from across Securities (Sales & Trading, Accounting, Technology, and other key groups).
– Perform regular/routine processing functions such as month-end procedures, account reconciliations, projections, running queries and reports, variance analysis, suspense and error resolution, and set-up/maintenance of transactions/entries where applicable.
– Update funding and paydown requests and process SWIFT payments – MT 202, 103.
– Manual generation of monthly invoices.
– Conduct standard reporting and analysis as directed.
– Provide specialized analysis/administration, processing and verification or reconciliation support as assigned.
– Provide reporting to rating agencies like DBRS.
– Forecast and raise daily funding requests.
– Demonstrate an innovative and can-do approach while building and cultivating an environment of innovation and participating in department projects to streamline our processes.
– Oversee resolution of issues and risks effectively and understand when to inform senior management.
– Deep understanding of operational risk management to effectively identify issues and dependencies and evaluate and enhance controls while keeping well informed of emerging issues, trends, and evolving regulatory requirements and assess potential impacts.

Job Title Other Qualifications/Skills/Experience
– Self-starter with a high degree of initiative and the aptitude to learn and adapt quickly.
– Working knowledge of the Asset Securitization business.
– Basic knowledge of finance/accounting.
– Ability to read and interpret credit agreements (CAIROs).
– A general understanding of the finance unit and operational functions for the Securitization business.
– Strong analytical and problem-solving skills; have an eye for detail; initiative to follow up on items or determine appropriate steps for timely resolution.
– Effective communication skills – both written and verbal.
– Strong interpersonal skills with an ability to easily relate to peers and management.
– Expert skills in Microsoft Excel and other Microsoft Office applications.
– Python or other analytical program experience.
– Ability to handle projects; provide leadership on projects and demonstrate out-of-the-box thinking.
– Problem-solving and working in a professional environment as part of an integrated team.
– Well-versed in regulatory rules and regulations impacting asset securitization operations.
– Highly organized and well-developed skills in negotiating and influencing with the capability to deal with conflicting points of view and to effect creative and responsive solutions.

Job Title Schedule
M-F core business hours

Job Title Duration
6 months (extension and conversion possible)

Job Title Interview Process
1 or 2 interviews, ideally in person but can be virtual (Teams or WebEx)