Settlement Officer

PlanIT Search; Montreal (administrative region); Hybrid; CAD 65,000 - 90,000; Full time

Job summary

PlanIT is seeking a Securities Settlement professional in Montreal to join a capital markets operations team handling U.S. securities and post-trade activities. Initial 3 months are onsite, then 3 days onsite and 2 days remote each week, with visa-free eligibility required for Canada.

You will monitor settlements, confirmations, and reconciliations, collaborating with Front/Middle Office, Finance and Treasury, and supporting process improvements.

Qualifications

• Approximately 3+ years of relevant experience in securities settlement or capital markets operations.
• Strong understanding of the front-to-back trade lifecycle.
• Experience with securities settlement and post-trade processes.
• French is an asset; English is required.

Responsibilities

• Monitor and process securities transactions through settlement lifecycle.
• Handle trade confirmations and settlement follow-up.
• Support settlement activities involving U.S. securities and Fedwire.
• Reconcile cash and securities positions; investigate discrepancies.
• Monitor settlement deadlines and outstanding transactions.
• Investigate and resolve settlement breaks, exceptions, and unmatched trades.
• Coordinate with Front Office, Middle Office, Finance and Treasury.
• Communicate with clients, brokers and counterparties.
• Support cash, collateral and funding-related operational activities.
• Prepare and review operational reports; contribute to process improvements.

Skills

Attention to detail

Risk awareness

Organizational skills

Time-management

Analytical thinking

Problem-solving

Excel skills

Education

Bachelor’s degree in Finance/Business/Economics or related field

Tools

FIS Phase 3

BNY systems

AccessEdge

Job description

Work arrangement: Initial 3 months- 5 days onsite, after that 3 days onsite 2 days remote

Only candidates legally eligible to work in Canada without the need for visa sponsorship will be contacted

We are looking for a Securities Settlement professional to join a capital markets operations team supporting U.S. securities and post-trade activities.

This is a great opportunity for someone with experience in securities settlements, back-office operations, or capital markets operations who enjoys working in a fast-paced environment where accuracy, problem-solving and meeting deadlines are critical.

Key Responsibilities

• Monitor and process securities transactions through the settlement lifecycle
• Handle trade confirmations and settlement follow-up
• Support settlement activities involving U.S. securities and Fedwire
• Reconcile cash and securities positions and investigate discrepancies
• Monitor settlement deadlines, priorities and outstanding transactions
• Investigate and resolve settlement breaks, exceptions and unmatched transactions
• Coordinate with internal teams including Front Office, Middle Office, Finance and Treasury
• Communicate with clients, brokers and other counterparties as required
• Support cash, collateral and funding-related operational activities
• Prepare and review operational reports
• Contribute to process improvements, automation and operational efficiency

Products / Markets

Experience with one or more of the following is valuable:

• U.S. Government Securities / Treasuries
• Mortgage-Backed Securities (MBS)
• Asset-Backed Securities (ABS)
• Equities
• Other capital markets products

What We're Looking For

• Approximately 3+ years of relevant experience in securities settlement, back-office operations or capital markets operations
• Strong understanding of the front-to-back trade lifecycle
• Experience with securities settlement and post-trade processes
• U.S. market experience is an asset; Canadian market settlement experience may also be considered
• Strong attention to detail and risk awareness
• Excellent organizational and time-management skills
• Strong analytical and problem-solving abilities
• Comfortable working with multiple priorities and strict deadlines
• Confident communicator who can collaborate effectively with internal and external stakeholders
• Intermediate to advanced Excel skills
• Experience with FIS Phase 3, BNY systems, AccessEdge or similar platforms is an asset
• Experience with automation, process improvement or operational efficiency initiatives is an asset
• Bachelor’s degree in Finance, Business, Economics or a related field is preferred
• French is an asset; English is required

PlanIT is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. All employment is decided based on qualifications, merit, and business needs.

Disclosure:

This posting represents an active and genuine vacancy with one of Plan IT’s clients and is not intended for speculative or pipeline recruitment. Plan IT and/or its clients may use AI-assisted tools from time to time to support the screening and evaluation of applications; however, these tools do not replace human judgment or decision-making at any stage of the hiring process.