CACEISis the asset servicing bankinggroup of Credit Agricolededicated to asset managers and institutional investors. Through offices across Europe, North and South America and Asia, CACES offers a broad range of services covering execution, clearing, forex, securities lending, custody, depositary, fund administration, fund distribution support, middle-office outsourcing and issuer services. CACEIS is a consolidator in the European asset servicing market and posts sustained growth in its business activities. The group holds €5.3 trillion in assets under custody and €3.4 trillion in assets under administration (figures as of 31 December 2024) By working every day in the interest of society, we are a Group committed to diversity and inclusion and place people at the heart of all our transformations. All our job offers are open to people with disabilities.
Position Summary
The MKS Operations Officer supports the day-to-day activities of the Market Solutions Operations team. The team operates under a transversal model coveringfour core activities:
- OTC derivatives processing
- Listed derivatives clearing
- Liquidity management
- Foreign exchange operations
Key Responsibilities
- Ensure the timely automatic upload and/or manual input of derivative transactions (IRS, CDS, OTC options, inflation swaps, etc.) into internal systems, in line with market and client cut-off times.
- Reconcile positions with Portfolio Managers and counterparties, investigate reconciliation breaks and booking discrepancies, and ensure prompt resolution.
- Validate cash movements on internal accounts, reconcile cash balances, investigate differences and perform the necessary controls to support accurate day-to-day liquidity management.
- Identify and escalation potential liquidity issues, unusual balances or operational risks in a timely and structured manner.
- Monitor trade feeds from exchanges (e.g. CME, ICE, Eurex) and perform regular position reconciliations to ensure data integrity.
- Track and manage lifecycle events (expiries, exercises, assignments, maturities) and resolve rejected, missing or unmatched transactions in coordination with markets, clearing houses and internal stakeholders.
- Confirm the economic details of foreign exchange transactions in accordance with client instructions and internal procedures (currencies, amounts, value dates, counterparties, settlement instructions).
- Monitor contract expirations and other key lifecycle events across derivatives, ensuring accurate reflection in systems and reports.
- Confirm transaction details with counterparties and clients, maintaining high standards of accuracy and operational risk control.
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Operations Officer M/F in Montréal employer: Crédit Agricole
Crédit Agricole CIB Canada is an exceptional employer that values its employees by fostering a collaborative and inclusive work culture. Located in the vibrant city of Montreal, the company offers competitive benefits, opportunities for professional growth, and a commitment to compliance and accuracy in payroll processes, making it a rewarding place for those looking to make a meaningful impact in their careers.
