Analyst II,Capital Markets Job Toronto area,Ontario Canada,Finance & Banking

We are hiring an Analyst II, Capital Markets!

Reporting To:
Director, Capital Markets

Full-time

Hours of Work: 8:30 a.m. – 5:00 p.m.

Salary Range: $75,000 - $100,000 (flexible based on qualifications)

Grade: 12.1 (flexible based on qualifications)

Office

Location:

Toronto, ON

Great location! Steps away from the main public transit station

The Opportunity

The Capital Markets department manages interest rate risk and funding for one of Canada's largest mortgage finance companies. The team is responsible for fixed income trading; securitization; whole loan sales; aggregation; and investor relations. This is a critical function that provides support for the mortgage business, and there is a high degree of interaction across functional areas both within the firm and at our trusted partners and counter parties.

This is an opportunity to join a high performing multi-disciplinary, collaborative team, and the successful candidate will be directly responsible for a broad range of duties, ensuring flawless day-to-day execution, and for developing strong internal and external relationships.

How you will contribute

Duties primarily consist of tasks related to hedging of multi-family residential loans and supporting the CMHC aggregation business, including but not limited to:

Multi-family hedging (70%)

Execution of interest rate hedging transactions (e.g. bonds, repos, forwards)
Trade Booking
Settlement
Loan sale execution models
Responding to ad hoc requests for market data and/or commentary
Internal request fulfillment and general database management

CMHC Aggregation (20%)

Support single- and multi-family lender onboarding, including legal agreements, hedging strategies, and balancing volume with return targets
Monitor commitment pipeline activity to ensure optimal hedge positioning, appropriate rate locking, and effective mortgage rate setting
Participate in securitization pooling and execution of MBS sales, managing documentation requirements and meeting tight deadlines
Coordinate and set market rate coupons, execute rate locks, and ensure all funding conditions are satisfied with timely settlements
Leverage experience in commercial underwriting or financial analysis to assess credit risk, evaluate various deal structures

Mortgage Valuations (10%)

Supporting the Finance/Accounting teams with mortgage valuation

The experience you need

Understanding of fixed income trading (bonds, repo, forwards, NHA MBS, CMB)
Understanding of the mortgage industry, especially mortgage finance companies
Understanding of mortgage securitization
Very thorough and strong attention to detail
Ability to self-motivate, prioritize and to meet all deadlines
Strong team player
Strong verbal and written communication skills
Builds trusting relationships with all stakeholders
Experience with treasury functions or mortgages a plus

Education/Certification/Experience Requirements

2-5 years of experience in a trading, treasury or capital markets role
Completed University degree in finance, economics, business, math, computer science, engineering or related field
Completed or working toward professional designation (CFA)
Strong knowledge of PC applications, particularly Excel Spreadsheets required
Knowledge of Bloomberg, SQL, Access, and PowerBI

Working Environment and Physical Demands Analysis

Periods of high volume with tight timelines
Long periods of stationary position/sitting
Prolonged periods of repetitive movement (i.e. using a keyboard and mouse)
Long periods of time in viewing a computer screen
Multi-tasking may include speaking to customers on a telephone call while looking up information on a computer program.
Competitive Compensation
Comprehensive benefits program (i.e., Health Spending Account, Maternity and Parental Leave Top Up)
Extensive training programs to set our employees up for success
Modern office environment conducive to collaboration
Supportive teamwork culture
Opportunities to give back to the communities and work through events focused on a variety of charities
Ongoing social events throughout the year

The team you’ll join

Founded in 1988, First National is one of Canada’s largest non-bank lenders. We provide residential mortgages exclusively through the mortgage broker channel and we are Canada’s largest commercial mortgage lender.

First National has been consistently recognized as a great place to work and we are proud that our employee engagement feedback is higher than our industry partners.

Artificial Intelligence is not used in our recruitment or hiring process for this role.

First National is proud to be an equal opportunity employer and is committed to diversity and inclusion regardless of race, color, religion, national origin, age, gender identity, physical or mental disability, sexual orientation and any other category protected by law.
First National supports requests for accommodation from applicants with disabilities; please contact Human Resources at ac should you need an accommodation at any point in the recruitment process.#J-18808-Ljbffr