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 prospect 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.