Cdcc Business Operations Delivery Intern (Summer Term)

Venture outside the ordinary - TMX Careers

The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets. United as a global team, we're connecting cross-functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and propelling progress. Through a rich exchange of ideas, meaningful collaboration, and a nimble operating model, we're powering some of the nation's most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team.

Ready to be part of the action?

The Enterprise Operations Intern is responsible to assist the Canadian Derivatives Clearing Corp - (CDCC) Clearing Members in areas such as Communications, Partner Relations and Member Clearing Services.
They will help the team in maintaining and updating Business Operations documentation related to operational due diligence. This includes; the Manual of Procedures, testing scripts, training material, workflow charts and other related items. The intern will perform reconciliations and analysis, user accesses, review and ensure timely reporting is submitted to internal
partners. In addition, this role may be involved in participating in projects and process improvement initiatives.

Key Accountabilities:

• Prepare timely Communications that are professionally written and distributed to both internal and external stakeholders

• Perform the timely completion of various reconciliations, analysis to meet internal/external reporting requirements

• Perform 1st review of the Sola Clearing User accesses including internal staff user profile setup

• Assist with the review and update of documentation for the Business Continuity Plan, Disaster Recovery Program, Default Simulation, Incident Management and other related test scripts for CDCC exercises

• Assist with the Incident management reporting process including redaction, filing according to Enterprise Risk Management guidelines

• Collaborate with Business Operations teams and internal partners to ensure timely and accurate capture of events

• Drafting of escalation notices as the need arises

• Review the library of operational documentation for Business Operations including the internal Operations Procedures Manual, Key Business Processes, Business Impact Analysis, workflows and training material;

• Support the Manager with processes for new products, projects and process improvements (including Onboarding, performing testing, operationalizing initiatives and updating procedures);

• Interact with business partners including Technology, Client Services, Risk, as well as other internal departments

• Adhere strictly to internal procedures, rules, audit requirements and internal controls verification processes

Must haves:

• In process of completing a Post-Secondary education in Commerce, Business Administration, Finance, and/or Accounting is preferred

• Effective listening, written and verbal communication skills

• Client-Oriented with ability to deliver with accuracy, clear, concise details and timeliness

• Solid interpersonal and organization skills with the demonstrated ability to plan and prioritize

• Self-motivated and able to work with minimum supervision, as well as a team player

• Proficiency with Google Suite, Excel and other desktop applications

• Flexibility required to work in a time sensitive environment with tight deadlines

Nice to haves:

• Minimum of 1+ years' experience in the Securities Financial Industry or general knowledge in Operations processes or Securities Accounting in the Securities Financial Industry

• Knowledge of Collateral, Banking and Clearing/Settlements processes

• Bilingual an asset

Note:

• Hybrid role: 2 -3 days per week in the downtown Toronto office

• 4 month Co-op / Internship: May 5, 2025 - August 22, 2025

• In order to be considered for the position, you are required to submit your Knockri Assessment

In the market for…

Excitement - Explore emerging technology and innovation, as well as ventures and digital finance that shape the future of global markets! Experience the movement of the market while grounded in the stability of close to 200 years of success.

Connection - With site hubs in some of the world's most multicultural cities, we leverage our size and structure to create rich connections and belonging while experiencing powerful global impact through our work.

Impact - More than a platform, we use our talents to power mission-critical systems that drive global economic advancement, innovation, and growth. As well, our employee-led Team Impact spreads social good via our giving strategy.

Wellness - From empathetic leadership to a culture of flexibility and balance, we believe wellness at work creates the maximum yield and a stronger "we". Plus, with a cloud-first and hybrid workstyle, as well as generous time-off and leaves, we support a life well lived!

Growth - From a growth mindset in our work, to expansion in our business, TMX is home to action-takers energized by the achievement of ambitious growth.

Ready to enrich your career with impactful work, leaders who truly care, and the flexibility and programs to help you thrive as part of #TeamTMX ? Apply now.

TMX is committed to creating and sustaining a collegial work environment in which all individuals are treated with dignity and respect and one which reflects the diversity of the community in which we operate. We provide accommodations for applicants and employees who require it.