Trade Analyst (Trade Administration Contractor) - 80072

S I Systems; Toronto; On-site; CAD 60,000 - 80,000; Full time

Job summary

A financial services provider in Ontario is seeking a Trade Analyst to support Global Operations and ensure smooth processing of CAD and US Equity Trade Clearing. Responsibilities include processing trades, resolving discrepancies, and delivering exceptional customer service. The ideal candidate will have strong analytical and organizational skills, alongside a Bachelor’s degree. This role is an onsite opportunity in downtown Toronto.

Qualifications

• Good knowledge and understanding of Capital Markets Operations of Canadian and US markets.
• Good understanding of the business unit’s risk and regulatory requirements.
• Good knowledge of departmental systems and applications.

Responsibilities

• Provide daily support of Global Operations.
• Process all CAD and US Equity Trade Clearing.
• Ensure all trades are matched for settlement through daily reconciliations.
• Resolve discrepancies and exceptions.
• Investigate complex issues and provide recommendations.
• Deliver exceptional customer service.

Skills

Good knowledge of standard desktop applications: Outlook, Word, Excel and VBA

Good analytical skills

Problem-solving skills

Organizational skills

Prioritization skills

Ability to multi-task in a fast-paced environment

Education

4 year Bachelor’s Degree from University

Job description

Trade Analyst (Trade Administration Contractor) - 80072

Position Title - Trade Administration Contractor

Duration: 12 months

Location: Downtown Toronto - Onsite

Summary

Independent and self-motivated individual will provide daily support of Global Operations. The Trade Admin Contractor is responsible for the processing of all CAD and US Equity Trade Clearing. Great diligence is used to ensure all trades are matched for settlement through daily reconciliations. Focused attention is given to all processing to monitor and mitigate risks thru careful dissemination of functions. In addition to their existing responsibilities, they will be expected to cross train in other areas such as regulatory, metric reporting, options and settlement reconciliations. The Trade Admin Contractor is responsible for the oversight processing of all CAD and US Equities done by the Bank. Tasks include ensuring all reconciliations and break reporting are done in a timely and accurate manner before market open, ensuring all corrections are made and balanced before end of day. Any unresolved issues must be escalated to senior management for further review. Other team functions include: accountability for Account Transfers, CXL/COR , Tax reconciliations, Step outs, monitoring of STEP trade upload tool.

• Process and/or fulfill transactions, perform audit/ reconciliation activities and/or other activities in accordance with established priorities and deadlines on a timely, accurate and efficient basis.
• Resolve discrepancies/ exceptions that frequently deal with non-routine situations, requiring further analysis.
• Investigate and may resolve or make recommendations to more senior team members on more complex, non-routine issues relating to internal business partner and/or external customer inquiries or requests, business process efficiency and quality control within existing procedures.
• May resolve escalated work or issues from more junior staff, where applicable.
• Enable productive relationships within the line of business (LOB) and other functions through responsiveness and support. Proactively work with others (i.e., on own team, shared service centre, other operational areas, or with the internal business partner and/or external customer) to ensure delivery of timely, quality and efficient fulfillment activities.
• Provide advice to internal business partners and peers to support the completion of a process or activity within established procedures.
• Provide input and analysis into the continuous improvement of business processes and procedures within the scope of the work team, and participate in the planning, testing and implementation of projects and new/ revised products/ services or processes.
• Provide on-the-job assistance and training to others, as requested.
• Monitor service delivery performance, production processes and quality, providing reports to the manager for the purpose of optimizing operational effectiveness.
• Deliver exceptional customer service that builds trust through responsive, accurate, consistent, knowledgeable and available services and support.
• Align individual performance goals to team and organizational goals.
• Demonstrate behaviors that are consistent with “Our Way” model and aligned with values.
• Troubleshoot/ resolve most problems independently as per Letter of Authority/ authority levels following established guidelines and procedures. Maintain appropriate audit trails.
• Escalate all unresolved processing problems to the appropriate level, as per guidelines, including system, software and hardware failures.
• Prioritize work in accordance with policy and severity of service impact to minimize financial/ customer impacts.
• Provide advice in the completion of processes within established guidelines and procedures.

Qualifications

• Good knowledge of standard desktop applications: Outlook, Word, Excel and VBA
• Good knowledge and understanding of Capital Markets Operations of Canadian and US markets
• Good understanding of the business unit’s risk and regulatory requirements
• Good knowledge of departmental systems and applications
• Good analytical, problem-solving, investigational, organizational, prioritization skills
• Ability to multi-task in a fast-paced environment
• 4 year Bachelor’s Degree from University

Systems: