Settlement Service Analyst Job Toronto area,Ontario Canada,Finance & Banking

Aviso:

At Aviso, we are dedicated to improving the financial well-being of Canadians. As a leading wealth management organization, we are committed to leadership, innovation, partnership, responsibility, and community. Working with talented and energetic professionals who exemplify our values every day, you will quickly notice that our people and dynamic ‘oneaviso’ culture sets us apart. If you are looking for interesting and challenging work, at a company committed to its people, find out more about what Aviso has to offer at

The Opportunity:

We’re looking for a Settlement Service Analyst to join our Operations team.

Reporting to the Operations Manager, the Settlement Service Analyst is responsible for processing and monitoring inbound and outbound SWIFT messages of transactions on the SWIFT platform. This role supports trading and operations by ensuring message obligations are met including validating settlement instructions.

The successful candidate will be responsible for the settlement of foreign and domestic equity trades within the CDS and DTC systems, including equity option settlements.

There may be a requirement to work on a statutory holiday or weekend.

As one
aviso:

We Care – You do the right thing for clients, partners and colleagues. You build trusted relationships, champion service excellence, and contribute to a culture where people feel valued and supported

We Dare –You challenge the status quo with bold ideas and fresh perspectives. You embrace change, seek opportunities to innovate and are comfortable exploring new ways of working

We Share – You collaborate openly and build meaningful relationships. You seek out diverse perspectives, share your knowledge and work together to help colleagues, clients and partners succeed

We Deliver – You take ownership of your work, honour your commitments and focus on delivering meaningful results. You hold yourself accountable and continuously look for ways to improve

What your day looks like:

Set up and match trades on CDS, Arrow or SWIFT within industry standards

Manage daily SWIFT message processing and ensuring timely transmission and distribution of them to ingestible settlement instructions for trades to be booked and settled

Matching confirmations of trades done with other institutions

Interaction with counter parties to resolve unmatched or unprocessed trades

Ensure all trades are processed and settled within the required time frame

Balance and correct any outages in the day-to-day processing using the various reports received from the CDS and Dataphile systems

Interact with Brokerage Firms and Custodians to correct or confirm trades done or not matched

Maintaining, updating and tracking the failed trades and reasons for fails

Balance monthly statements from external sources

Follow the policy and procedures manual for the settlements team and create the process manual for SWIFT

Responsible for the tracking and maintaining of files relating to daily settlements and storage of such records

Work hours may vary due to industry demands or volume

Other duties as assigned and help others out when needed

Requirements

Your experience and skills:

Post-secondary education in a related field is an asset

2+ years' experience in an office environment, preferably in the securities industry with experience using Dataphile, CDS and DTC

1-3 years’ experience of SWIFT operations is an asset

Industry related certifications are not required, however successful completion of the CSC (Canadian Securities Course) or IFIC Operations course is an asset

Ability to work independently to achieve required objectives within company and regulatory requirements

Self-motivated and results driven

Strong administration skills with high attention to detail and accuracy

Proven ability to work…