Senior Settlements Administrator
About The Position
In this role, you will be ensuring settlement of market transactions related to security trades in the North American Markets. You will be responsible for ensuring the timely settlement of trades, and perform investigative activities related to client queries or reconciliation. Familiarity with the RBC Investor Services (IS) and custody platforms is an asset in this role, as well as knowledge of securities markets, security types as well as industry standards for custody, clearing and settlement principles. We are looking for a stellar communicator who will thrive in a fast-paced, deadline-driven & dynamic environment.
Requirements
- 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
Nice To Haves
- Familiarity with Investor 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)
- Advanced excel skills (Formula & Macro Knowledge)
Responsibilities
- 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.
- Advise Manager of all significant issues, escalate immediate concerns/risk to the Management team as appropriate.
- Ensure that up-to-date desk operating procedures are maintained and accessible to team members and specific daily procedures are clearly documented.
- Proactively support the team by assisting with workload, sharing knowledge and participating in cross training.
- Reconcile cash and asset positions related to Settlements activity.
Benefits
- bonuses
- flexible benefits
- competitive compensation
- commissions
- stock where applicable
- Leaders who support your development through coaching and managing opportunities
- Ability to make a difference and lasting impact.
- Work in a dynamic, collaborative, progressive, and high-performing team.
- Flexible work/life balance options.
- Opportunities to do challenging work.
- Opportunities to take on progressively greater accountabilities.
- Access to a variety of job opportunities across business.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
Associate degree
