Settlements Administrator

Aviso Wealth • Vancouver, BC

20h • CA$55,000 - CA$65,000 • Onsite

About The Position

We’re looking for a Settlements Administrator to join our Operations team. Reporting to the Manager Operations, Settlements; the Settlements Administrator is responsible for duties relating to the transactions of trades that have taken place within the securities industry. The successful candidate will be responsible for the settlement of foreign &/or domestic Equity trades within the CDSX, DTC or CDCC system, including equity option settlements. There may be a requirement to work on a statutory holiday or weekend.

Requirements

• Minimum 2 years' experience in an office environment, preferably in the securities industry with experience using Dataphile, CDS and DTC
• Ability to work independently to achieve required objectives within company and regulatory requirements
• Self-motivated and results driven
• Strong administration skills with high attention to detail and accuracy
• Proven ability to work well under pressure and in a fast-paced environment
• Strong customer service orientation
• Strong organizational, time management and decision-making skills
• Demonstrated success in resource planning, coaching, motivation and interpersonal skills with the ability to establish and maintain effective working relationships with various levels of management and staff
• Intermediate Excel and Microsoft Office Knowledge.
• Fluent communications in English is required

Nice To Haves

• Post-secondary education in a related field is an asset
• Industry related certifications are not required, however successful completion of the CSC (Canadian Securities Course) or IFIC Operations course is an asset
• bilingual skills in French is an asset

Responsibilities

• Set up and match trades on CDS or Arrow within industry standards
• Matching confirmations of trades done with other institutions
• Interaction with sales representatives to resolve unmatched or unprocessed trades
• Ensure all trades are processed and settled within the required time frame
• Balance and correct any outages in the day-to-day processing using the various reports received from the CDS and Dataphile systems
• Interact with Brokerage Firms and Custodians to correct or confirm trades done or not matched
• Maintaining, updating and tracking the failed trades and reasons for fails
• Balance monthly statements from external sources
• Follow the policy and procedures manual for the settlements team
• Responsible for the tracking and maintaining of files relating to daily settlements and storage of such records
• Other duties as assigned and help others when needed

Benefits

• Competitive compensation package that rewards and recognizes individual contributions
• Excellent health, dental and insurance benefits to meet the diverse needs of our employees
• Generous vacation time, fitness benefit, parental leave top-up options
• Matching contributions to our retirement program
• Commitment to the continuous improvement of our staff through learning & development and an education assistance program
• Regular social events to foster teamwork

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree