Senior Manager

  • Full Time
  • Laval

Laurentian Bank

Job Description

Seeing beyond numbersº
At Laurentian Bank, we believe we can change banking for the better. Founded in Montreal in 1846, Laurentian Bank helps families, businesses and communities thrive. Today, we have over 3,000 employees working together as One Team, to provide a broad range of financial services and advice-based solutions for customers across Canada and the United States. We drive results by placing our customers first, making the better choice, acting courageously, and believing everyone belongs.

This role sits within Laurentian Bank Securities, a subsidiary of Laurentian Bank.

Laurentian Bank Securities (LBS) is looking for a person to fill the role of Senior Manager, Middle Office. The incumbent’s main responsibility is to lead the Middle Office team in providing the appropriate support and oversight of the institutional business lines activities all while coordinating the various activities and establishing a strategic vision for the projects that the Middle Office is involved in, in relation to the institutional divisions. The Senior Manager is also responsible for ensuring the continued evolution of the Middle Office team’s mandate within the organization.

#LI- Hybrid


º Plan, organize, and from time to time perform the Middle Office activities, including the continued review of the team’s role within LBS and the Capital Market’s division (roadmap definition, process optimization, knowledge management, etc.).
º Develop and monitor the service quality within the Middle Office team.
º Manage and develop the team members while ensuring effective communication of goals and objectives.
º Act as a resource person and coach to the team; intervene in more complex situations using those situations as opportunities to train the staff.
º Build and manage relationships with counterparties, brokers, and external parties as well as internally with the institutional divisions, compliance, finance, back-office managers as well as LBS’s Integrated Risk team.
º Proactively assess obstacles and identify opportunities to improve overall team performance.
º Ensure compliance with all external regulations and requirements (ex, IIROC, Bank of Canada, CDCC etc.) and ensure that all internal procedures are respected including the updating of procedures specific to the Middle Office tasks.
º Analyze business trends, implement new solutions, and facilitate their integration into Middle Office activities.
º Assess the impact of new products or regulations on the operational workflow and ensure the team organization.
º Ensure that operational procedures are implemented and updated within the team.
º Participate in monitoring and updating performance indicators for his/her teams’ key activities.
º Work with the Vice President to develop the strategic planning of the department’s activities.
º Perform all other related tasks.


º University or college degree in administration or finance and 10 years of experience in securities industry
º Minimum six years of experience in a managerial position
º Ability to manage in a rapid-paced and continuously changing environment regarding regulations, policies, procedures, systems, and client needs
º Autonomous person with excellent organizational and leadership skills, a positive attitude, and excellent interpersonal skills
º Ability to navigate in situations with tight deadlines and a variety of competing priorities
º Sound judgment and strong analytical skills in order to assess business requirements and make decisions and recommendations to upper management
º Team player and excellent collaborator
º Ability to challenge the status quo and be results-oriented
º Excellent knowledge of spoken and written French and English*
º Strong knowledge of fixed income and equity settlements (CDS, CDCC, DTC) as well as trading, operations, and accounting processes for P&L activities
º Excellent knowledge of the IBM-OSS system, DSTS (FIS), Bloomberg, Fidessa, Omgeo, and other trading tools/platforms as well as Excel

Professional working proficiency in French and English languages required as position involves frequent written and oral communication on complex matterswith internal and external parties in both languages.”

Additional Information

Equity, Diversity & Inclusion
We are proud to be an equal opportunity employer and are committed to fostering an inclusive and accessible work environment that reflects the diversity of our customers and our communities. We welcome and encourage applications from individuals from all groups, including Indigenous people, women, visible minorities, and persons with disabilities, regardless of race, national or ethnic origin, colour, religion, age, sex, sexual orientation, gender identity or expression, marital status, family status, genetic characteristics, disability or any other legally-protected ground.

Accommodations for persons with disabilities are available upon request for job applicants taking part in all aspects of the recruitment process.

We may collect, use or disclose your personal information for the purpose of establishing an employment relationship with you.