TMX

CDCC Business Operations Delivery Student Intern (Summer 2026)

Toronto - 100 Adelaide St W Full time

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 Intern for Business Operations Delivery is accountable for ensuring complete and timely processing as well as support for Canadian Derivatives Clearing Corporation (CDCC) Clearing Members in areas such as: 

  • Communications, Partner Relations and Member Clearing Services

  • Support the review process for Internal Procedures, Audits & Attestations and Incident Management

  • Projects & Initiatives

  • Operational Due Diligence including a Reporting, Reconciliations & Analysis

Assist the Business Operations team with maintaining and updating operational documentation (Manual of Procedures, testing scripts, training material, workflow charts). Responsibilities include performing reconciliations, analysis, user access reviews, and submitting timely internal reports. May also participate in projects and process improvement initiatives.

This role reports to: Manager, Member Services and Delivery, Business Operations

This role is hybrid (2-3 days/week in the office) - based in Toronto, ON.

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 & update of documentation for the Business Continuity Plan, Disaster Recovery Program, Default Simulation, Incident Management and other related test scripts for CDCC exercises as required

  • 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 & accurate capture of events; Drafting of escalation notices as required

  • 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:

  • Currently working towards 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:

  • Knowledge of Collateral, Banking and Clearing/Settlements processes

  • Minimum of 1+ years’ experience in the Securities Financial Industry

  • General knowledge in Operations processes or Securities Accounting in the Securities Financial Industry

  • Bilingual is an asset

Note:

  • 4 month Co-op / Internship: May 4, 2026 - August 28, 2026

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

Salary Range: 20/hour-25/hour CAD

Please note that the salary range included is a guideline only. The salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience. 

The recruiting efforts for this role are intended to fill a vacant position.

For this role AI-assisted tools are utilised as one input in the application and screening process. AI does not make final hiring or interview decisions.

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.

Please note that our company is not currently sponsoring work permit applications and the applicant must be authorized to work in the country where this position is located. 

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.