Randstad is seeking a highly skilled and motivated Operations Officer to join a dynamic team in the Wealth Private Wealth Management department. This is a 2-year contract position with the potential for extension and conversion to a permanent role. The successful candidate will play a critical role in ensuring the smooth and efficient operation of daily settlements within the securities lending space.
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Position: Operations Officer
Shift: 8:30 am - 5:00 pm, with occasional 9:00 am - 6:00 pm shifts
Salary: $27 per hour
Location: Toronto (Hybrid - 2 days onsite, Wednesday is fixed, second day flexible)
Advantages
This is a long-term opportunity with potential for permanent hire. Gain valuable experience in the securities industry within a supportive and positive team environment.
Responsibilities
• Responsible for settling CDS and DTC T007 and 5036 loans/borrows/repays and collateral tickets by end of day.
• Monitor and report settlement discrepancies to TDSI Lending Traders and TDSI Margin group, ensuring prompt resolution.
• Manage settlements efficiently in a multi-tasked environment, meeting all deadlines.
• Investigate, resolve, and escalate issues to Management and TDSI Lending Traders.
• Handle Mark to Market, Contract Compare, Fees and Rebate, Reconciliations, and Recall functions.
• Provide operational support to TDSI Traders (real-time position checks, position movement, inquiries).
• Maintain and file documentation for audit purposes.
• Participate in weekly Late Collateral rotation shifts and ensure coverage during time off.
• Participate in daily huddles, WPE, and Hybrid Model meetings.
• Ensure all FX and wire requests are authorized per assigned limit.
Qualifications
• Minimum 3 years of experience in settlements, preferably within the securities lending industry.
• Proven reconciliation and back-office settlement experience.
• Strong proficiency in Microsoft Excel.
• Experience with Securities Lending is a must.
• Experience with Depository and Reconciliation is a plus.
Summary
If you are a highly organized and detail-oriented individual with a strong work ethic and a proven track record in securities lending settlements, we encourage you to apply. This is an excellent opportunity to join a successful team and contribute to a leading financial institution.
Randstad Canada is committed to fostering a workforce reflective of all peoples of Canada. As a result, we are committed to developing and implementing strategies to increase the equity, diversity and inclusion within the workplace by examining our internal policies, practices, and systems throughout the entire lifecycle of our workforce, including its recruitment, retention and advancement for all employees. In addition to our deep commitment to respecting human rights, we are dedicated to positive actions to affect change to ensure everyone has full participation in the workforce free from any barriers, systemic or otherwise, especially equity-seeking groups who are usually underrepresented in Canada's workforce, including those who identify as women or non-binary/gender non-conforming; Indigenous or Aboriginal Peoples; persons with disabilities (visible or invisible) and; members of visible minorities, racialized groups and the LGBTQ2+ community.
Randstad Canada is committed to creating and maintaining an inclusive and accessible workplace for all its candidates and employees by supporting their accessibility and accommodation needs throughout the employment lifecycle. We ask that all job applications please identify any accommodation requirements by sending an email to accessibility@randstad.ca to ensure their ability to fully participate in the interview process.
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Randstad is seeking a highly skilled and motivated Operations Officer to join a dynamic team in the Wealth Private Wealth Management department. This is a 2-year contract position with the potential for extension and conversion to a permanent role. The successful candidate will play a critical role in ensuring the smooth and efficient operation of daily settlements within the securities lending space.
Position: Operations Officer
Shift: 8:30 am - 5:00 pm, with occasional 9:00 am - 6:00 pm shifts
Salary: $27 per hour
Location: Toronto (Hybrid - 2 days onsite, Wednesday is fixed, second day flexible)
Advantages
This is a long-term opportunity with potential for permanent hire. Gain valuable experience in the securities industry within a supportive and positive team environment.
Responsibilities
• Responsible for settling CDS and DTC T007 and 5036 loans/borrows/repays and collateral tickets by end of day.
• Monitor and report settlement discrepancies to TDSI Lending Traders and TDSI Margin group, ensuring prompt resolution.
• Manage settlements efficiently in a multi-tasked environment, meeting all deadlines.
...
• Investigate, resolve, and escalate issues to Management and TDSI Lending Traders.
• Handle Mark to Market, Contract Compare, Fees and Rebate, Reconciliations, and Recall functions.
• Provide operational support to TDSI Traders (real-time position checks, position movement, inquiries).
• Maintain and file documentation for audit purposes.
• Participate in weekly Late Collateral rotation shifts and ensure coverage during time off.
• Participate in daily huddles, WPE, and Hybrid Model meetings.
• Ensure all FX and wire requests are authorized per assigned limit.
Qualifications
• Minimum 3 years of experience in settlements, preferably within the securities lending industry.
• Proven reconciliation and back-office settlement experience.
• Strong proficiency in Microsoft Excel.
• Experience with Securities Lending is a must.
• Experience with Depository and Reconciliation is a plus.
Summary
If you are a highly organized and detail-oriented individual with a strong work ethic and a proven track record in securities lending settlements, we encourage you to apply. This is an excellent opportunity to join a successful team and contribute to a leading financial institution.
Randstad Canada is committed to fostering a workforce reflective of all peoples of Canada. As a result, we are committed to developing and implementing strategies to increase the equity, diversity and inclusion within the workplace by examining our internal policies, practices, and systems throughout the entire lifecycle of our workforce, including its recruitment, retention and advancement for all employees. In addition to our deep commitment to respecting human rights, we are dedicated to positive actions to affect change to ensure everyone has full participation in the workforce free from any barriers, systemic or otherwise, especially equity-seeking groups who are usually underrepresented in Canada's workforce, including those who identify as women or non-binary/gender non-conforming; Indigenous or Aboriginal Peoples; persons with disabilities (visible or invisible) and; members of visible minorities, racialized groups and the LGBTQ2+ community.
Randstad Canada is committed to creating and maintaining an inclusive and accessible workplace for all its candidates and employees by supporting their accessibility and accommodation needs throughout the employment lifecycle. We ask that all job applications please identify any accommodation requirements by sending an email to accessibility@randstad.ca to ensure their ability to fully participate in the interview process.
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