AVP, Settlements Operations - Toronto

Jefferies•Toronto, ON

13h

About The Position

Jefferies is growing its Canadian Operations team within the Canadian broker dealer and is seeking an individual with expertise in back office operations in both Canada and US markets. In this position, you will be handling and/or supervision of day-to-day transactions as it relates to the Canadian broker dealer activity including, but not limited to syndicate support, pre-matching, and fails management.

Requirements

5+ years of experience in settlements/operations required
Experience with processing, matching, and settling trades in the Canadian market (CDS) and US market (DTC) required
Experience supporting dual listed securities across US/Canada required

Nice To Haves

CDS self-clearing and DTC self-clearing experience a plus
Supporting other international depositories a plus
Experience working across middle and back office supporting international securities preferred
Experience with Broadridge products preferred (GLOSS and BPS)
Experience with local regulator (CIRO) and understanding of local rules/regulations a plus
Experience supporting institutional client and firm trading trade flows a plus

Responsibilities

Build relationships with our agent bank network, trading desk, and internal corporate partners as we continue to grow and expand our business offerings
Manage and provide excellent client experience as it relates to internal and external client inquiries, and resolution of transactional issues pre and post trade in partnership with Middle and Front Office peers
Responsible for daily settlement functions within the Canadian and US Markets
Escalate client issues and business risk on operational matters to management
Ensure timely settlement and reporting of all trades, timely resolution of breaks, and escalation of issues as needed.
Acting as the liaison for the Canadian broker dealer, partner with various operational and corporate teams to resolve as it relates to ticketing, pre-matching, and settlement (i.e. Account Opening, Corporate Actions, Dividends, Compliance, Finance etc.).
Work with Securities Finance team to facilitate borrowing and financing needs
Analyze trade flows to detect operational and cost efficiency opportunities
Join Canadian industry forums to bring awareness of changes to rules, regulations, etc.
Help with internal and external audits, and regulatory reviews as it relates to Operations
Be involved in firm-wide projects and initiatives that impact Canadian and US markets by working with project teams, stakeholders, other business owners to identify requirements, provide specs and test new functionality
Perform other responsibilities as needed across Operations/Settlements