Cash Management Officer

TMX Group; Toronto; On-site; CAD 52,000 - 58,000; Full time

Benefits offered by this job

Excitement - emerging technology &创新

Multicultural hubs & global impact

Mission-critical systems & growth

Job summary

TMX Group is seeking a Cash Management Officer in Toronto. You will prepare client disbursements, reconcile accounts, and support cash management controls for segregated funds.

The role is hybrid (3 days in the office) based in Toronto, ON, with exposure to high-volume transactions and cross-border reporting. You will interact with internal teams, ensure accurate reporting, and maintain audit trails while leveraging Excel and Workday.

Qualifications

• 1–3+ years in banking, trust or cash management environments.
• Accounting/finance background plus post-secondary degree.
• Excellent written and verbal communication skills.
• Strong proficiency with Excel.
• Experience with payments, deposits and reconciliations.
• Strong attention to detail in high-volume transactions.

Responsibilities

• Prepare internal/external reports for distributions on funds held on behalf of clients.
• Prepare daily cash reports reflecting cash inflow and outflow.
• Prepare reconciliations of segregated accounts as needed.
• Prepare Monthly Segregated Funds Report.
• Populate segregated funds transactions in Workday daily.
• Prepare interest calculations on client segregated funds and obtain approvals for disbursement.
• Prepare disbursement calculations and manage record-keeping and reconciliation of payments.
• Process scheduled and unscheduled disbursements and maintain related file documentation.
• Prepare outgoing wire transfers and monitor incoming wire activity.
• Monitor Positive Pay exceptions and take corrective actions.
• Collaborate with team to implement changes to processes.
• Maintain audit trails from account opening to closing.
• Prepare cross-border wire reporting.

Skills

Excel

Reconcilations

Payments

Detail oriented

Communication

Workday

Education

Accounting/Finance degree

Tools

Workday

Job description

Venture outside the ordinary - TMX Careers The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets. United as a global team, we’re connecting cross-functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and propelling progress. Through a rich exchange of ideas, meaningful collaboration, and a nimble operating model, we're powering some of the nation's most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team.

Ready to be part of the action? The Cash Management Officer is responsible for the preparation and processing of client disbursements, reconciliation and preparation of client account statements and to assist with the control of cash management activities for TSX segregated accounts. This role is hybrid (3 days/week in the office) - based in Toronto, ON.

Key Accountabilities:

• Prepare internal/external reports for distributions on funds held on behalf of clients
• Prepare daily cash report reflecting cash inflow and outflows.
• Prepare reconciliations of segregated accounts as the need arises.
• Preparation of Monthly Segregated Funds Report
• Populate segregated funds transactions in Workday on a daily basis.
• Prepare interest calculations on client segregated funds, as per documented agreements and obtain approval for disbursement of these funds
• Prepare disbursement calculations per documented agreements; manage the record-keeping and reconciliation of the dividend, interest, Corporate Trust and Corporate Actions payments
• Process scheduled and unscheduled disbursements and maintain related file documentation
• Prepare outgoing wire transfers and monitor incoming wire transfer activity
• Monitor Positive Pay exceptions from external banks and take corrective actions
• Work with other team members to implement changes to the banking, distribution, and reporting processes
• Manage the documentation process to ensure appropriate audit trail from account opening through closing of client accounts
• Maintain outgoing wire log and prepare cross border wire reporting to FINTRAC
• Assist with the preparation of year-end tax slips and reporting

Must Haves:

• 1-3+ years experience in a banking, trust or other complex cash management environment
• Preference for candidates with an accounting or finance background plus post-secondary degree
• Excellent written and verbal communication skills
• Strong proficiency with Excel is a key requirement
• Experience with payments, deposits and reconciliations
• Strong attention to detail as this team works with millions of transactions every single day.

Salary Range: 52,000/year -58,000/year CAD

Please note that the salary range included is a guideline only. The salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.

The recruiting efforts for this role are intended to fill a vacant position. For this role AI-assisted tools are utilised as one input in the application and screening process. AI does not make final hiring or interview decisions.

Benefits and Culture:

• Excitement - Explore emerging technology and innovation, as well as ventures and digital finance that shape the future of global markets! Experience the movement of the market while grounded in the stability of close to 200 years of success.
• Connection - With site hubs in some of the world’s most multicultural cities, we leverage our size and structure to create rich connections and belonging while experiencing powerful global impact through our work.
• Impact - More than a platform, we use our talents to power mission-critical systems that drive global economic advancement, innovation, and growth. As well, our employee-led Team Impact spreads social good via our giving strategy.
• Wellness - From empathetic leadership to a culture of flexibility and balance, we believe wellness at work creates the maximum yield and a stronger "we". Plus, with a cloud-first and hybrid workstyle, as well as generous time-off and leaves, we support a life well lived!
• Growth - From a growth mindset in our work, to expansion in our business, TMX is home to action-takers energized by the achievement of ambitious growth.

Ready to enrich your career with impactful work, leaders who truly care, and the flexibility and programs to help you thrive as part of #TeamTMX?

Please note that our company is not currently sponsoring work permit applications and the applicant must be authorized to work in the country where this position is located.

TMX is committed to creating and sustaining a collegial work environment in which all individuals are treated with dignity and respect and one which reflects the diversity of the community in which we operate.

We provide accommodations for applicants and employees who require it.

Our Culture:

The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets. United as a global team, we’re connecting cross-functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and propelling progress. Through a rich exchange of ideas, meaningful collaboration, and a nimble operating model, we're powering some of the nation's most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team. Ready to be part of the action?

Our Business:

TMX Group operates global markets, and builds digital communities and analytic solutions that facilitate the funding, growth and success of businesses, traders and investors. TMX Group's key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation Trayport and VettaFi, which provide listing markets, trading markets, clearing facilities, depository services, technology solutions, data products and other services to the global financial community.

TMX Group is headquartered in Toronto and operates offices across North America (Montréal, Calgary, Vancouver and New York), as well as in key international markets including London, Singapore and Vienna.

For more information about TMX Group, visit www.tmx.com.

Follow TMX Group on Twitter: @TMXGroup.