Position: Business Analyst

Assignment: 4/21/2025 - 12/31/2025 (temp to hire)

Location: Charlotte, NC

Pay Range: $38.48 hourly, paid weekly.

Schedule: Mon – Fri 8am-5pm

Job Description:
The main function of the Collateral Operations group is to mitigate counterparty risk on bi-lateral fixed income REPO and TBA trades governed by an MRA/GMRA and MSFTA agreements, as well as OTC Business governed by CSA agreements. Due to the amount of interaction with our counterparts and other groups, excellent communication skills are necessary. An open flow of communication, specifically relating to new issues or problems, is necessary between team members.

Responsibilities:
The candidate will be expected to perform various margin functions for security transactions. Candidate will be heavily involved in maintaining accurate customer and security information on outstanding financing trades, making margin calls to customers by stated deadlines, entering margin trades, re-pricing existing trades, and monitoring their settlement. The candidate will track, report, and resolve trade/price discrepancies between our customers/trading/sales desks. The process is very time sensitive and requires an extreme attention to detail.
The Collateral Unit interacts with a variety of different groups within the bank:
• Back Office/Middle Office Operations
• Cash Management to send/receive cash collateral
• Sales & Trading
• Credit/Risk Management
• Capital Markets Documentation

Skills Required:
• Strong Excel Skills
• Knowledge of Fixed Income Securities including Repo and Collateral Management
• Understanding of relational databases and/or process flows
• Strong Communication Skills
• Ability to Meet Deadlines
• Ability to Handle High Pressure Situations
• Ability to Perform Multiple Tasks
• Organizational Skills with Special Emphasis on the Ability to Prioritize Responsibilities
• Detail Orientation - specifically the ability to recognize unusual flows/triggers for collateral in agreements and new trade structures

Other Qualifications:
• Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions.
• Excels in working among diverse viewpoints to determine the best path forward.
• Experience in connecting with a diverse set of clients to understand future business needs – is a continuous learner.
• Commitment to challenging the status quo and promoting positive change.
• Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base.
• Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world.

WORKING CONDITIONS:

• May on occasion be exposed to loud sounds and distracting noise levels, such as from office equipment.
• The ability to lift up to 30lbs
• Use of computers and technology

Here at Canon Recruiting, People are our priority, and we are committed to Include Diversity in every segment of who we are. It is only through our Diversity; we are made a stronger organization and increase our ability to provide top tier candidates that our clients have come to know Canon for. We have an inclusive environment all employees are celebrated for their unique differences. The different perspectives and experiences of our workforce give us the competitive advantage that is essential for success in an ever-changing market. By promoting inclusion with the same enthusiasm, we devote to quality and competency and using the experience from a diverse assortment of backgrounds and experiences, Canon can improve the services and value we deliver to clients, employees, and customers. At Canon, Diversification and Inclusiveness are much more than a corporate ambition; they are a critical component in our daily corporate life. Canon Recruiting is committed to a diverse and inclusive workplace. Canon Recruiting is an equal opportunity employer and does not discriminate based on race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status. The pay range for this position is listed above. Base pay information is based on market location. We will consider for employment qualified applicants with arrest and conviction records. Our range of benefits may include health care and 401(k) savings plans. For individuals with disabilities who would like to request an accommodation, please email hr@canonrecruiting.com