About the Company? Our client offers metal finishing services. They are looking for a Manager, Middle Office Operations who will be responsible for ongoing oversight and compliance monitoring of the company''s trading, treasury and customer activities. This role is responsible for ''middle office'' operations and serves as the critical link between the trading department and accounting department, ensuring timely and accurate trade capture, position reconciliation, and risk monitoring for precious metals, FX and other transactions. This also includes assessing and reporting on new and existing counterparty and customer risk. Why Work Here? Growing company - prefers to promote from within and recognize talent Close knit, passionate team Strong culture with low employee turnover Great employee perks and benefits About the Opportunity? Daily validation and booking of precious metals and fx trades (spot, forwards, options, swaps) in trading systems. Ensure accurate trade capture and resolve discrepancies with front office and operations. Daily P&L reporting and analysis, including commentary on variances. Reconcile trader positions against risk systems and inventory management tools. Monitor limit breaches, exposures, and key risk metrics. Escalate and assist in resolving operational or valuation issues. Identify inefficiencies in trade flow and support implementation of process enhancements. Collaborate on system upgrades and automation initiatives. Assist in ensuring all trading activities are compliant with internal policies and external regulations. Maintain and organize trade documentation for audit and regulatory reviews monitor and report on the organization''s performance against key risk metrics, policy limits and specific risk as they relate to internally set limits, credit and counterparty credit risk. Review of trading processes and transactions and related models. Accurately complete and submit credit and counterparty risk reports, as required. Assist with third party financial risk assessment, financial statement review and operational review (ie. Mine plan, production forecast, 43-101). Conduct credit risk stress testing and associated calculations. Independently assess and analyze data, create comprehensive reports and data communication tools to provide guidance in credit risk analytics. Develop and implement scenarios for existing and emerging risks that can be used in simulation exercises as part of a broader risk framework. Collaborate with the various departments to develop assessment criteria, leading to the continuous improvement of policies, standards and procedures. Support the monthly, quarterly and annual accounting closing process as required. Work with deal team to review loan documentation, security and ensure adequate documentation and approval from compliance standpoint. Other risk-related work as assigned. Perform other job-related duties as assigned. About You? Undergraduate degree in finance, economics, accounting, mathematics or related discipline. Professional certifications or equivalent preferred CFA, CPA, CMA, CGA, MBA, FRM. Minimum 7 years'' experience in a role(s) related to credit, market and finance risk. Expert understanding of financial instruments related to precious metals. Proficiency in Bloomberg, MS Office, particularly Word and Excel and excellent financial modelling skills. Mining, precious metals, or related experience is an asset. Knowledge of IFRS preferred. Ability to interpret information from various sources and produce high-quality written analyses. Salary Range? $120,000 - $130,000/year? How to Apply? Click the ''Apply Now'' button and follow the instructions to submit your resume. Please know that we only accept documents in MS Word or Rich Text formats.?? When referencing this job, quote #450975 ? You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client''s requirements for this role.? Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply. EEO Notice Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law. Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact . Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal. By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal. Privacy Notice Vaco by Highspring and its parents, affiliates, and subsidiaries (''we,'' ''our,'' or ''Vaco by Highspring'') respects your privacy and are committed to providing transparent notice of our policies. California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here. Virginia residents may access our state specific policies here. Residents of all other states may access our policies here. Canadian residents may access our policies in English here and in French here. Residents of countries governed by GDPR may access our policies here. Pay Transparency Notice Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to: the individual''s skill sets, experience and training; licensure and certification requirements; office location and other geographic considerations; other business and organizational needs. With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.
Job Title
Manager, Middle Office Operations