Job Title: Settlement Specialist

Location: Toronto, ON (Hybrid)

Duration: 12 months contract (with possibility of extension/conversion)

Summary of the Role The successful candidate will be responsible for securities lending, balancing, trade reconciliations, and trade settlements.

Job-Specific Accountabilities

- Provide fails reporting to clients according to established SLAs while ensuring management oversight.
- Investigate and respond to client and partner inquiries in a timely fashion (same-day, unless further investigation is required), ensuring that issues are escalated to management when approval and oversight are required.
- Complete daily reconciliations, projections, and reporting according to agreed-upon timeframes while ensuring management oversight.
- Ensure that all group processes are documented in a formal procedure and assist with the creation or review of procedures when requested by management. Advise management if any procedures are not formalized or updated in SharePoint.
- Perform daily NI24-101 trade matching and provide reporting to clients and management as required.
- Perform CDS Arrow binds/netting procedures for impacted clients as required for NI24-101 trade matching purposes prior to 11am daily on T+1. Report any discrepancies or unmatched trades to client for resolution while ensuring management oversight.
- Investigate, reconcile, and correct suspense and clearing outages in a timely fashion with a focus on accuracy while working to eliminate future outages. Communicate the completion of corrections ensuring management oversight.
- Work towards developing a cross-functional knowledge of the teams desks and duties through cross-training and job-shadowing.
- Ensure and arrange adequate desk coverage of processing activities through cross-training, job-shadowing,



and teamwork during absences or periods of increased volumes.
- Ensure adequate desk coverage of your daily processing activities prior to planned absences.
- Ensure buy-in intents are created and sent to clients and management when advised of regulatory short positions requiring coverage by the Clearing and Segregation team.
- Utilize the standardized forms and procedures for creating, approving, and settling international trades.
- Review international settlements market reports daily for status updates and advise clients of any issues that could impact settlement.
- Ensure awareness of international market buy-in rules in order to mitigate risk to the firm.
- Ensure awareness and understanding of the Extended Failed Trade Reporting CIRO regulation and be prepared to provide client education and reporting information for Extended Failed Trade Reporting items. Provide timely trade status updates for these items when requested by management.
- Ensure settlement statistics are updated on the shared drive daily.
- Ensure regular monitoring and maintenance of group email inboxes.
- Review the daily DTC and CDS >10MM pending trade reports and advise clients of trades that fall into their account ranges. Ensure that a status update is provided to management for each item by 4pm daily.
- Access, match, and affirm DTC trade confirms for your clients on T+1 in order to ensure settlement.



Work towards increasing comfort with using the DTC OMGEO TradeSuite functionality in DTC PBS screens to facilitate this process.
- Ensure that you do not communicate with the end client via email or telephone conversation as our relationship is with our clients and not the end client.

Must-Have Skills

- Robust MS Excel – VLOOKUPs, Pivot Tables, Macros.
- Prior reconciliation experience, including finding financial discrepancies.
- 5+ years of experience within the banking or financial industry.
- Capital markets or trading knowledge.
- Trade Settlements experience – CDS/DTC.

Nice-to-Have Skills

- CSC courses completed.
- CFA or CGA certifications.
- Accounting coding knowledge.

Dexian is a leading provider of staffing, IT, and workforce solutions with over 12,000 employees and 70 locations worldwide. As one of the largest IT staffing companies and the 2nd largest minority-owned staffing company in the U.S., Dexian was formed in 2023 through the merger of DISYS and Signature Consultants. Combining the best elements of its core companies, Dexian's platform connects talent, technology, and organizations to produce game-changing results that help everyone achieve their ambitions and goals. Dexian's brands include Dexian DISYS, Dexian Signature Consultants, Dexian Government Solutions, Dexian Talent Development and Dexian IT Solutions. Visit https://dexian.com/ to learn more.

Dexian is an Equal Opportunity Employer that recruits and hires qualified candidates without regard to race, religion, sex, sexual orientation, gender identity, age, national origin, ancestry, citizenship, disability, or veteran status

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📌 Settlement Specialist (Toronto)
🏢 Dexian
📍 Toronto