Title: Business Analyst / Middle Office Analyst – Fixed Income Derivatives Location: Toronto, ON (Hybrid – 3 Days Onsite) Duration: August 10, 2026 – March 31, 2027 Rate: $54.84/hour + 4% Vacation Pay Schedule: Monday–Friday, Core Business Hours Industry: Financial Services / Capital Markets About the Opportunity Our client, a leading financial institution, is seeking an experienced Business Analyst / Middle Office Analyst to join the Fixed Income Middle Office (FIMO) – Compression & Derivative Support (CMPIRD) team. This role supports critical post-trade activities across Interest Rate Derivatives, including portfolio compression, brokerage and fee processing, lifecycle event management, and reconciliation activities. The successful candidate will work closely with global stakeholders and middle office teams to ensure accurate processing, strong controls, and effective operational support. This is an excellent opportunity for professionals looking to further develop their expertise within Fixed Income Operations and Capital Markets. Key Responsibilities Support daily Fixed Income Middle Office operations and controls. Assist with Global CCP Portfolio Compression processes and reporting. Support the reconciliation, validation, and payment of Interest Rate Derivative brokerage and fees. Investigate and resolve trade-level cash breaks and discrepancies. Perform ad hoc lifecycle maintenance activities and bulk trade actions. Support corporate action processing and postings. Respond to inquiries related to Risk, Funding, and P&L differences. Partner with global operational teams to support post-trade lifecycle events. Maintain and update operational procedures and documentation. Assist with audit, regulatory, and control requirements. Participate in process improvement and operational efficiency initiatives. Required Qualifications Must-Have Skills 5+ years of Middle Office experience within Capital Markets. 5+ years of Fixed Income experience. 5+ years supporting Interest Rate Derivatives products. Strong understanding of post-trade processing and lifecycle management. Experience investigating breaks, reconciliations, and operational discrepancies. Excellent analytical and problem-solving skills. Strong communication and stakeholder management abilities. Nice-to-Have Skills Portfolio Compression experience. Advanced Excel skills, including VBA and complex formulas. Experience leveraging AI tools or AI assistants in operational workflows. Experience supporting brokerage and fee processing. Knowledge of CCPs and derivative clearing processes. Preferred Background Candidates will ideally come from: Fixed Income Middle Office Derivatives Operations Capital Markets Operations Interest Rate Derivatives Support Trade Support Functions Brokerage/Fee Processing Teams Post-Trade Operations Interview Process Round 1: Virtual Interview Round 2: In-Person Interview What Makes This Opportunity Attractive? Opportunity to work with a leading financial institution. Exposure to global Fixed Income and Derivatives operations. Collaborative team environment. Strong learning and career development opportunities within Capital Markets.