Trust Banking Officer

VPI Employment Services; Toronto; On-site; CAD 40,000 - 70,000; Full time

Job summary

An established industry player in employment services is seeking a detail-oriented individual for a vital role in financial operations. This position involves preparing daily reconciliations, processing payments, and generating reports to ensure smooth financial transactions. Ideal candidates will possess strong Excel skills, effective communication abilities, and a keen interest in financial services. If you are eager to learn and grow in a supportive environment, this opportunity is perfect for you to make a meaningful impact in the financial sector.

Qualifications

• High school diploma or equivalent experience in financial services required.
• Intermediate Excel skills and strong communication abilities are essential.

Responsibilities

• Prepare daily reconciliations of trust accounts and investigate discrepancies.
• Produce daily settlement reports and process various payments.

Skills

Intermediate Excel skills

Clear communication skills

Time management skills

Attention to detail

Basic math calculations

Willingness to learn

Education

High school diploma

Post-secondary education

Professional experience in financial services

Tools

Fundserv

Job description

Job Description:

1. Prepare daily reconciliations of trust accounts, investigate, and follow up on breaks.
2. Prepare wire/EFT payments for trade settlement, invoice processing, etc.
3. Prepare and confirm Fundserv (N$M) payments are processed successfully.
4. Produce and deliver daily settlement reports to clients.
5. Prepare and issue cheques for invoice processing, trade processing, and other payments.
6. Any other reasonable duties as required by management/leadership.

Job Requirements:

1. Completed high school diploma OR one year of professional experience in financial services OR transferable work experience OR post-secondary education in any field or level.
2. Intermediate Excel skills (example: sum columns, basic formulae, sorting, etc).
3. Clear and fluent communication skills (written, verbal).
4. Comfortable with simple math calculations (example: averages, percentages, compound interest).
5. Interest in financial services, business management, investments, etc.
6. Strong time management skills and attention to detail.
7. Prior experience with Fundserv is considered an asset.
8. Experience in processing payments, cash handling, wire transfers, EFT, reconciliation, and similar areas.
9. Demonstrate strong and effective communication (written, verbal).
10. Willingness to learn.

How To Apply: Click on Apply or contact your Career Specialist.