At a Glance
- Tasks: Manage trade processing and customer service for Money Market trades in a fast-paced environment.
- Company: Join one of the Top 5 Banks in Canada, located in vibrant Downtown Toronto.
- Benefits: Competitive hourly pay, hybrid work model, and a commitment to inclusivity.
- Other info: Dynamic role with opportunities for growth and process improvement.
- Why this job: Gain valuable experience in banking operations while making a real impact on financial transactions.
- Qualifications: 2-3 years in banking settlements and a Bachelor's degree in finance or related field.
The predicted salary is between 20 - 24 $ per hour.
JOB DESCRIPTION
Duration: 12 months
Our client a leading financial institution in Downtown Toronto is looking for a Money Market Settlements & Confirmations Officer to manage trade processing, exceptions, discrepancies, and customer service for Money Market trades.
A typical day involves interpreting and resolving client and trader emails, reviewing reports, investigating breaks, following up on outstanding items, and processing trades accurately under time constraints.
The successful candidate will have the opportunity to work with one of the Top 5 Banks in Canada.
- Typical Day in role
- Verify and confirm money market transactions with counterparties to ensure accuracy and compliance with established protocols.
- Manage the settlement and clearing process for money market transactions, ensuring timely and accurate completion.
- Liaise with internal departments and external counterparties to resolve any discrepancies or issues related to transactions.
- Maintain accurate records of all confirmations and settlements for audit and reporting purposes.
- Provide exceptional customer service to internal and external stakeholders, addressing inquiries and resolving issues promptly.
- Monitor and adhere to regulatory requirements and internal policies throughout the transaction process.
- Contribute to process improvements to enhance efficiency and accuracy in the confirmation and settlement operations.
- Must-have Skills
- Experience in a banking back office in a settlements or similar role for 2-3 years.
- Bachelor's degree in finance or a similar area of study.
- Nice-to-have Skills
- 4-5 years in banking operations in a settlements or similar role.
- Soft skills
- Mult-tasking, independent work, excellent customer service and communication skills.
The hourly compensation range for this role is C$20 - C$24.
FP Inc. is committed to creating an inclusive environment where all team members and clients feel like they belong.
In accordance with the requirements set out in the Employment Standards Act, FP Inc. hereby declares that AI is utilized in the screening process for this position.
We seek applicants with a wide range of abilities, and we provide an accessible candidate experience.
We advocate for you and welcome anyone regardless of race, colour, religion, national origin, sex, physical or mental disability, or age.
Money Market Settlements & Confirmations Officer in Toronto employer: FP Inc.
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