Analyst, Trade Settlement Management

HOOPP (Healthcare of Ontario Pension Plan) • Toronto, ON

2d • CA$71,000 - CA$109,000

About The Position

Reporting within the Trade Management and Operations team, the Analyst, Trade Settlement Management is responsible for supporting the timely and accurate settlement of marketable securities and related activity, including fixed income, equities, collateral, and securities lending/borrowing transactions. The role liaises with Investment Management, HOOPP's custodian, brokers, and other counterparties to confirm trade details, pre-match trades, resolve discrepancies, reconcile daily activity and positions, and ensure settlement activity is reflected accurately in HOOPP's records. The Analyst also supports trade capture, broker settlement instruction maintenance, failed trade claims, process improvements, procedure documentation, reconciliations and backup coverage for the Senior Analyst role.

Requirements

• University degree in Business, Finance, or a related discipline (required).
• Minimum 5 years’ experience in the financial sector, preferably in capital markets or trade settlement operations.
• Strong operational knowledge of public market instruments and settlement lifecycles.
• Experience in managing high-pressure, time-sensitive operational environments
• Experience with marketable securities trade settlement, collateral, securities lending/borrowing, custodian reconciliation, failed trade claims, investment accounting principles, and settlement market best practices.
• Experience in managing high-pressure, time-sensitive operational environments.
• Strong knowledge of capital market instruments, including fixed income and equities.
• Knowledge of trade settlement processes, trade capture, matching, confirmation, settlements, collateral activity, securities lending/borrowing, and daily reconciliations.
• General understanding of related downstream functions, including Accounting, Risk Management, and Investment Management Reporting.
• Knowledge trade settlement market best practices.
• Strong analytical and problem-solving skills, with the ability to investigate and resolve reconciliation items, failed trades, settlement claims, and discrepancies.
• High attention to detail, accuracy, completeness, and control discipline when reviewing transaction and position data.
• Ability to manage multiple tasks efficiently and meet tight market and settlement deadlines.
• Team player with excellent interpersonal and communication skills.
• Ability to communicate clearly with Investment Management, the custodian, brokers, and external counterparties to facilitate accurate processing and timely settlement.
• Proactive self-starter who is motivated, results oriented, and able to work independently.
• Relevant computer literacy is mandatory; familiarity with trade settlement, reconciliation, custodian, and market data systems is an asset.
• Willingness to assume other responsibilities as required.

Nice To Haves

• Completion or enrolment in a professional designation program (e.g., CFA, CSC) preferred.

Responsibilities

• Investigate and resolve reconciling items, settlement breaks, and discrepancies in collaboration with internal and external stakeholders.
• Assist with identification and resolution of claims relating to failed trades; ensure claim amounts are calculated accurately and monies owing to HOOPP are collected.
• Maintain appropriate records for audit, including daily completion and reconciliation evidence.
• Ensure broker settlement instructions, new and amended, are updated accurately and on time in the relevant settlement instruction platform.
• Assist with identifying opportunities for process improvements across trade settlement management functions and maintaining current process and procedure documentation.
• Serve as backup for the Senior Analyst, Trade Settlement Management.
• Communicate effectively with Investment Management, the custodian, brokers, and counterparties to reduce or eliminate settlement delays and discrepancies.
• Support the team in managing the custodian relationship by raising concerns and offering solutions to improve processes.

Benefits

• high-performance, people-focused culture
• equity, diversity, and inclusion are fundamental to our work environment and business success
• learning and development initiatives, including workshops, Speaker Series events and access to LinkedIn Learning
• membership in HOOPP’s world class defined benefit pension plan
• competitive, 100% company-paid extended health and dental benefits for permanent employees, including coverage supporting our team's diversity and mental health (e.g., gender affirmation, fertility and drug treatment, psychological support benefits of $2,500 per year, parental leave top-up, and a health spending account).
• optional post-retirement health and dental benefits subsidized at 50%
• yoga classes, meditation workshops, nutritional consultations, and wellness seminars
• the opportunity to make a difference and help take care of those who care for us, by providing a financially secure retirement for Ontario healthcare workers

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level