Cash Management Officer

Bourse de Montreal Inc.; Toronto; Hybride; CAD 55 000 - 58 000; Plein temps

Avantages offerts par ce poste

Hybrid work arrangement

Résumé du poste

TMX Group, home to the Toronto Stock Exchange and Montreal Exchange, is seeking a Cash Management Officer in Toronto. The role covers preparation and processing of client disbursements, reconciliations, and cash management activities for TSX segregated accounts.

It is a hybrid position with three days in the office. You will generate reports, handle wire transfers, monitor Positive Pay, and support year-end tax slips while ensuring audit-ready documentation.

Qualifications

• 1–3+ years experience in a banking, trust or other complex cash management environment.
• Accounting or finance background plus post-secondary degree preferred.
• 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 handles millions of transactions daily.

Responsabilités

• 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 needed.
• Preparation of Monthly Segregated Funds Report.
• Populate segregated funds transactions in Workday daily.
• Prepare interest calculations on client segregated funds and obtain approval for disbursement.
• Prepare disbursement calculations per agreements; manage records and reconciliations.
• Process scheduled and unscheduled disbursements and maintain related files.
• Prepare outgoing wire transfers and monitor incoming wire activity.
• Monitor Positive Pay exceptions and take corrective actions.
• Assist with changes to banking, distribution, and reporting processes.
• Maintain audit trail from account opening through closing of client accounts.
• Assist with cross-border wire reporting to FINTRAC.
• Assist with year-end tax slips and reporting.

Connaissances

Cash management experience

Banking background

Excel proficiency

Communication skills

Attention to detail

Formation

Accounting/finance background

Post-secondary degree

Description du poste

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 singleday.

Salary Range: 55,000/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.

In the market for…

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 .