Hybrid Associate – Capital Markets Operations

at Validus Risk Management

• Job title: Associate – Capital Markets Operations
• Job type: Full Time
• Experience level: Junior, Mid level
• Salary: CA$110,000 - CA$120,000 per year
• Degree requirement: Bachelor's Degree
• Tech skills: Python
• Location requirements: Hybrid, Toronto, Canada

About the role

• Capital Markets Operations Associate overseeing trade lifecycle processes and collaborating with stakeholders in a hybrid work setting. Leading process improvements and automating workflows to enhance operational efficiency.

Responsibilities

• Own and oversee end-to-end trade lifecycle activities across FX, derivatives, commodities and futures, including:
• Trade capture, confirmation and affirmation
• Settlement, payments and cash movements
• Reconciliations and investigation of breaks
• Regulatory and internal reporting
• Support trading infrastructure onboarding, including engagement with investment banks, brokers and other counterparties.
• Act as a primary operational contact for external counterparties, vendors and internal stakeholders.
• Support fund finance and treasury-related operations.
• Collect and review client financial statements and conduct ATE testing.
• Manage LEI onboarding and renewals.
• Take ownership of improving, standardising and automating operational processes across the trade lifecycle and related workflows.
• Apply advanced Excel skills as a core tool for operational control, reporting and efficiency, including:
• Complex formulas and logic
• Power Query and Power Pivot
• Robust, scalable spreadsheet models and controls
• Use data to identify inefficiencies, reduce manual processing, and strengthen operational oversight.
• Contribute to the design and build-out of scalable operational infrastructure to support business growth.
• Act as an informal team lead, supporting and coaching junior team members through hands-on training and day-to-day guidance.
• Set high standards for accuracy, ownership and control discipline.
• Serve as a point of escalation for complex operational issues, applying sound judgment and structured problem-solving.
• Partner with senior management on operational initiatives, change delivery and process redesign.
• Ensure strict adherence to internal policies, procedures and control frameworks.
• Maintain awareness of relevant regulatory requirements and industry best practices, assessing operational impact.
• Proactively identify operational risks and contribute to mitigation strategies.

Requirements

• 5+ years’ experience in financial markets or capital markets operations, ideally within FX, derivatives or hedging.
• Strong understanding of trade lifecycle mechanics, market infrastructure, settlement processes and operational risk.
• Proven ability to take ownership of complex workflows and deliver consistently under pressure.
• Experience in a growing or evolving operating environment is strongly preferred.
• Advanced Excel skills are essential and will be used extensively in this role.
• Demonstrated experience using Excel to improve processes, enhance controls and deliver operational insight.
• Experience with Python and/or Alteryx is a strong advantage but not a prerequisite.
• Comfortable working with large datasets and translating data into actionable operational outcomes.
• Evidence of training, mentoring or coaching junior team members, even without formal line-management responsibility.
• Strong ownership mindset with the confidence to challenge existing processes and drive improvement.
• Highly analytical, detail-oriented and resilient under time pressure.
• Clear, professional communicator able to engage effectively with operations, front office, clients and counterparties.
• Bachelor’s degree in finance, economics or a related discipline.
• Professional qualifications such as CFA, FRM or CAIA would be a desirable asset

Benefits

• Validus assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $110,000 and $120,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualised basis, including as to experience and market location, and is only part of the Validus total compensation package, which, depending on the position, may also include, generous bonus, and Company-sponsored benefit programs.
• Performance bonus linked to agreed success criteria - paid semi annually
• 20 days’ holiday (increasing to 25 with tenure) plus bank holidays
• Private health insurance (including dental, optical and mental health)
• Travel insurance
• Learning & development allowance and support for professional qualifications
• No AI is used to screen, assess or select applicants