Settlements Administrator (Banking)



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Branch Information

Toronto, ON - Regional - (CAN) 305 Milner Avenue Suite 903 ON Toronto , ON M2J 5C2



Job Description

One of the leading banks in Canada is in need of a Settlements Administrator

*6 month opportunity

*Hours: 8:30 to 5:00 Mon-Fri

*Work location: Toronto (Wellington St. W)

*Start date: October 13


*Ensuring settlement of market transactions related to security trades in the North and South American Markets.

*Responsible for ensuring the timely settlement of trades, trade cancellations and investigative activities.

*Familiarity with the Investor and Treasury Services (I&TS) and custody platforms is an asset in this role,

*Knowledge of securities markets, securities types as well as industry standards for custody, clearing and settlement principles.

*Stellar communicator who will thrive in a fast-paced, deadline-driven & dynamic environment

What will you do?

* Ensure all settlement activity and processes are completed with accuracy, timeliness and completeness within market time frames.

* Provide a high level of service by responding promptly and accurately to daily queries and requests regarding Security Trade Settlement.

*Respond to specific requests received via email, query tracking system, telephone or email.

*Perform accurate and complete reconciliation for End of Day / Ledger Balancing

*Ability to adapt to tight deadlines occurring within Securities Settlement and an aptitude to effectively create and manage change



* Minimum of two years' experience in Settlement Operations and experience with Settlement/Custody Applications

* Ability to work independently and take initiative in order to meet the demands of the business, as some overtime may be required including working occasional statutory holidays

* Strong Analytical skills with problem solving abilities; and ability to multitask and meet tight deadlines

* Good interpersonal skills and ability to work in a team environment and support others as required

* Excellent communication skills both verbal and written.

* University/College degree in business administration, finance or equivalent

* Knowledge of Microsoft Word / Excel / PowerPoint


* Familiarity with Investor & Treasury Services systems & platforms

* Recognized financial industry qualifications (i.e. Canadian securities course or IFIC)

* Knowledge of systems employed by Securities Settlement including Arrow, Canadian Depository for Securities (CDS), Depository Trust Company (DTCC), Transaction Lifecycle Management (TLM)

If you have the similar experience desired, simply click 'apply'.