We are seeking a detail-oriented Operations Officer III to join our Contracts and Options Clearing Team. This is a critical back-office role focused on Trade and Cash Management. You will be responsible for the daily reconciliation of trade settlements and suspense accounts, ensuring corporate profitability and risk management through high-accuracy reporting and break resolution.
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This role offers a fantastic entry point into the banking industry, providing exposure to complex financial ecosystems and opportunities to build professional relationships with internal and external partners.
Position Type: Contract (12 months)
Location: Toronto, ON
Work Model: Hybrid (Initial 5 days onsite for training; transitioning to 4 days onsite)
Compensation: $25.50/hour
Schedule: Monday – Friday, 7:00 AM – 3:30 PM
Advantages
Industry Exposure: Gain valuable experience within a major Canadian financial institution.
Career Growth: Potential for contract extension or permanent conversion based on performance.
Collaborative Culture: Join a supportive three-person team that prioritizes knowledge sharing and cross-training.
Structured Schedule: Consistent morning shift (7:00 AM start) providing an excellent work-life balance.
Responsibilities
Reconciliation & Balancing: Perform daily reconciliation of CDN and US trade settlements and various suspense accounts.
Break Investigation: Proactively identify "breaks" (discrepancies), investigate the root cause, and determine the responsible party.
Communication: Coordinate with internal teams and external street counterparties to communicate discrepancies and ensure timely corrections.
Documentation: Maintain organized records for audit purposes in accordance with corporate retention policies.
Quality Control: Ensure all transactions follow due diligence and quality verification protocols.
Risk Mitigation: Escalate immediate concerns or unresolved problems to management to ensure compliance with Service Level Agreements (SLAs).
Qualifications
Education: Post-secondary degree or diploma, preferably in Finance, Accounting, or a related field.
Experience: 2–3 years of professional experience in reconciliations, balancing accounts, or financial operations.
Technical Skills: * Advanced Excel proficiency (v-lookups, pivot tables, and the ability to run macros).
Experience working with financial repositories.
Soft Skills:
Meticulous attention to detail and a high degree of accuracy.
Strong verbal and written communication skills for cross-team collaboration.
Quick learner with the ability to work under tight deadlines and pressure.
Preferred Assets:
Previous experience in the banking or securities industry.
Knowledge of equities trading, CDS, DTC, or Kyndryl systems.
Canadian Securities Course (CSC) certification.
Summary
If you are a self-motivated professional with a passion for financial accuracy and operational excellence, we want to hear from you.
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.
This posting is for existing and upcoming vacancies.
show more
We are seeking a detail-oriented Operations Officer III to join our Contracts and Options Clearing Team. This is a critical back-office role focused on Trade and Cash Management. You will be responsible for the daily reconciliation of trade settlements and suspense accounts, ensuring corporate profitability and risk management through high-accuracy reporting and break resolution.
This role offers a fantastic entry point into the banking industry, providing exposure to complex financial ecosystems and opportunities to build professional relationships with internal and external partners.
Position Type: Contract (12 months)
Location: Toronto, ON
Work Model: Hybrid (Initial 5 days onsite for training; transitioning to 4 days onsite)
Compensation: $25.50/hour
Schedule: Monday – Friday, 7:00 AM – 3:30 PM
Advantages
Industry Exposure: Gain valuable experience within a major Canadian financial institution.
Career Growth: Potential for contract extension or permanent conversion based on performance.
Collaborative Culture: Join a supportive three-person team that prioritizes knowledge sharing and cross-training.
...
Structured Schedule: Consistent morning shift (7:00 AM start) providing an excellent work-life balance.
Responsibilities
Reconciliation & Balancing: Perform daily reconciliation of CDN and US trade settlements and various suspense accounts.
Break Investigation: Proactively identify "breaks" (discrepancies), investigate the root cause, and determine the responsible party.
Communication: Coordinate with internal teams and external street counterparties to communicate discrepancies and ensure timely corrections.
Documentation: Maintain organized records for audit purposes in accordance with corporate retention policies.
Quality Control: Ensure all transactions follow due diligence and quality verification protocols.
Risk Mitigation: Escalate immediate concerns or unresolved problems to management to ensure compliance with Service Level Agreements (SLAs).
Qualifications
Education: Post-secondary degree or diploma, preferably in Finance, Accounting, or a related field.
Experience: 2–3 years of professional experience in reconciliations, balancing accounts, or financial operations.
Technical Skills: * Advanced Excel proficiency (v-lookups, pivot tables, and the ability to run macros).
Experience working with financial repositories.
Soft Skills:
Meticulous attention to detail and a high degree of accuracy.
Strong verbal and written communication skills for cross-team collaboration.
Quick learner with the ability to work under tight deadlines and pressure.
Preferred Assets:
Previous experience in the banking or securities industry.
Knowledge of equities trading, CDS, DTC, or Kyndryl systems.
Canadian Securities Course (CSC) certification.
Summary
If you are a self-motivated professional with a passion for financial accuracy and operational excellence, we want to hear from you.
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.
This posting is for existing and upcoming vacancies.
show more
