Valuation Specialist, Securities Pricing II

State Street; Toronto; On-site; CAD 45,000 - 68,000; Full time

Job summary

State Street in Toronto, Ontario, is seeking an Associate 2, Securities Valuation to help deliver daily market valuations for client portfolios. You will review pricing feeds, verify values against PSA guidelines, and support control processes in a fast-paced, global environment.

The role emphasizes collaboration, accuracy, and continuous learning about financial instruments and market practices, with opportunities to contribute to risk reduction and process improvements.

Qualifications

• College or university designation preferably with a concentration in finance or accounting.
• 1+ years experience in securities pricing, fund accounting, or custody operations / securities administration is preferable.
• Knowledge of capital markets and complex securities.
• Demonstrate the ability to analyze a problem, obtain and evaluate information and reach sound conclusions.
• Must demonstrate the ability to work as a team player.
• Excellent computer knowledge of Word, Excel, and PC databases.
• Excellent communication and interpersonal skills.
• Solid administration, organizational and time management skills.
• Completion of the Canadian Securities Course and/or Derivatives Fundamentals Course is an asset.

Responsibilities

• Assist in the oversight of preparation and delivery of valuation reports to internal and external clients and/or their agents in a timely manner.
• Ensure that procedures are in place, up to date, and adhered to regarding the review and approval of portfolio market values. Propose changes to procedures to management with a focus of reducing risk, manual inputs, and increasing efficiencies.
• Ensure the receipt of all pricing feeds, broker quotes, back-up pricing sources and other relevant data on a daily basis. Identify, research, and resolve prices breaking set tolerance levels.
• Function as a “team-player”. Work with peers and achieve group/client/unit goals.
• Review and sign-off on daily group packages with a focus on accuracy, detail, audit trail, and timeliness.
• Identify, communicate, and resolve fair value situations. Escalate issues to manager and/or clients as required.
• Support global pricing tasks in a continuous operations environment.
• Ensure that the group is adequately trained and cross-trained. Coach, mentor, and motivate staff.
• Continuously expand and improve knowledge of financial instruments, corporate actions, and best valuation practices.
• Demonstrates thorough knowledge of the various fund groups, client requirements and other market related anomalies.
• Maintain proper documentation and back-up for audit purposes.
• Participate in and contribute to unit project initiatives.
• Provide outstanding client service to both internal and external clients.

Skills

Analytical thinking

Communication

Teamwork

Excel

Problem solving

Education

Finance or accounting concentration

Tools

Word

Excel

PC databases

Job description

State Street in Toronto, Ontario, is seeking an Associate 2, Securities Valuation to help deliver daily market valuations for client portfolios. You will review pricing feeds, verify values against PSA guidelines, and support control processes in a fast-paced, global environment.

The role emphasizes collaboration, accuracy, and continuous learning about financial instruments and market practices, with opportunities to contribute to risk reduction and process improvements.