Banking Associate
Are you experienced in capital markets and reconciliation? Apply Now!
Working with one of our top financial clients, this role calls for a Banking Associate. This position involves supporting settlement operations within a dynamic team, ensuring accurate data processing, and maintaining compliance with industry regulations. It offers exposure to client's Securities platforms, opportunities for extension and conversion, and a structured environment conducive to professional growth.
Pay rate range (CAD): $17.60/hr – $27.70/hr
Responsibilities
- Support client's settlement operations and process data input using Excel across various platforms
- Perform daily reconciliations to detect and resolve discrepancies
- Complete trade matching and reporting activities according to established SLAs
- Investigate and respond promptly to client and partner inquiries, escalating issues when necessary
- Document and maintain group procedures; review and update processes as needed in SharePoint
- Perform CDS arrow binds/netting procedures and ensure timely reporting for NI24-101 trade matching
- Reconcile and resolve suspense and outage issues accurately and efficiently, communicating resolutions to management
- Cross-train to develop knowledge across team responsibilities and ensure adequate coverage during absences
- Monitor and review international settlements, market reports, and pending trade reports daily
- Affirm DTC trade confirms and work toward increasing familiarity with DTC TradeSuite tools
- Ensure compliance with relevant regulations, including Extended Failed Trade Reporting and buy-in rules
- Maintain organized records of all activities for audit purposes and ensure adherence to policies and controls
- Participate actively in team meetings, coaching, and continuous improvement initiatives
- Promote a professional work environment by adhering to dress code and cleanliness policies
- Demonstrate flexibility in working hours and environment, including occasional OT and on-site attendance
Desired Skill-Set
- Strong Microsoft Excel skills: VLOOKUPs, Pivot tables, Macros (minimum 5 years)
- Experience with reconciliation processes and discrepancy resolution (minimum 5 years)
- Knowledge of capital markets, trading, and trade settlements (CDS/DTC) (minimum 5 years)
- Proficiency in supporting settlement operations and data processing
- Excellent verbal and written communication skills
- Ability to work collaboratively within a team and respond promptly to client inquiries
- Attention to detail and accuracy in daily tasks
Nice to Have
- CSC courses, CFA, or CGA certifications
- Coding knowledge related to accounting or data processing
- Prior experience working at FI
BeachHead is an equal opportunity agency and employer. We advocate for our candidates and welcome applicants regardless of race, color, religion, national origin, sex, age, or physical or mental disability. BeachHead or our clients may use technology-enabled tools, including automation and artificial intelligence (AI), to support parts of the recruitment process such as resume screening, application management, and candidate matching. These tools assist our recruiters and our clients, and do not replace human decision-making. This job posting represents a current or anticipated vacancy. The position may be filled at any time, and the posting may be removed without notice once the role has been filled.