We are seeking two experienced and analytical Operations Officers III to join our Securities Lending & Settlement team. This role is accountable for the clearing and settlement of transactions in support of Institutional and Wealth clients. You will be responsible for the daily monitoring and settlement of trades across various markets, including borrowing, lending, and collateral management. This is a 1-year contract with a strong possibility for extension or permanent conversion based on performance.
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Work Location: Toronto, ON.
Work Structure: High-density onsite requirement. The first 90 days are 5 days per week onsite. Following the initial 90 days, the schedule shifts to 4 days per week onsite.
Schedule: Monday to Friday, core business hours (37.5 hours per week).
As an Operations Officer III within Securities Lending, you will operate in a high-energy, fast-paced environment. Your primary focus is to ensure the timely and accurate clearing of transactions through systems such as CDS and DTC. The role is approximately 80-90% back-office operations, with a significant portion of your time dedicated to investigating financial discrepancies and interacting with internal stakeholders, including Lending Traders and Margin groups.
Advantages
Industry Exposure: Gain high-level experience in Securities Lending and Settlements within a leading global financial organization.
Collaborative Culture: Work within a highly positive, 12-member team that prioritizes cross-training and professional support.
Networking & Growth: Significant opportunity for networking within the Wealth and Securities divisions, with a path toward long-term or full-time employment.
Central Location: Convenient work environment located at Bloor and Bay in the heart of Toronto’s financial district.
Responsibilities
Settlement & Operational Execution
Trade Settlement: Responsible for the end-of-day settlement of all loans, borrows, repays, and collateral tickets within CDS and DTC environments.
Monitoring & Reporting: Actively monitor settlement discrepancies and report them on a timely basis to Institutional Lending Traders and Margin groups to ensure prompt resolution.
Issue Resolution: Investigate, resolve, and escalate complex operational issues to Management and Traders as required.
Ancillary Functions: Manage various operational tasks including Mark to Market, Contract Compare, Fees and Rebates, and Reconciliations.
Trader Support: Provide real-time position checks and movement updates to support trading activity and inquiries.
Compliance & Quality Control
Audit & Documentation: Accurately maintain and file all documentation pertaining to daily settlements to meet internal and external audit requirements.
Regulatory Adherence: Ensure all transactions comply with industry codes of conduct, AML policies, and organizational operating procedures.
Risk Management: Ensure all FX and wire requests are authorized within assigned limits and follow strict due diligence protocols.
Team Participation: Participate in daily huddles, weekly Late Collateral rotation shifts, and departmental process improvement initiatives.
Qualifications
Mandatory Requirements
Experience: 5+ years of professional experience within the Banking or Financial Institution industry.
Technical Skills: Advanced proficiency in Microsoft Excel.
Financial Expertise: Demonstrated experience in Reconciliation (identifying and resolving financial discrepancies).
Education: A University Degree is mandatory.
Professionalism: Proven ability to work under pressure, manage strict deadlines, and handle high volumes of work accurately.
Preferred Qualifications
Completion of CSC (Canadian Securities Course) or progress toward CFA/CGA certifications.
Direct experience in the Settlement and Trading industry.
Familiarity with CDS and DTC platforms.
Summary
If you have a passion for high-volume hiring and a desire to contribute to a leading financial institution, we encourage you to apply. This is an excellent opportunity to develop your career and make a significant impact
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 two experienced and analytical Operations Officers III to join our Securities Lending & Settlement team. This role is accountable for the clearing and settlement of transactions in support of Institutional and Wealth clients. You will be responsible for the daily monitoring and settlement of trades across various markets, including borrowing, lending, and collateral management. This is a 1-year contract with a strong possibility for extension or permanent conversion based on performance.
Work Location: Toronto, ON.
Work Structure: High-density onsite requirement. The first 90 days are 5 days per week onsite. Following the initial 90 days, the schedule shifts to 4 days per week onsite.
Schedule: Monday to Friday, core business hours (37.5 hours per week).
As an Operations Officer III within Securities Lending, you will operate in a high-energy, fast-paced environment. Your primary focus is to ensure the timely and accurate clearing of transactions through systems such as CDS and DTC. The role is approximately 80-90% back-office operations, with a significant portion of your time dedicated to investigating financial discrepancies and interacting with internal stakeholders, including Lending Traders and Margin groups.
...
Advantages
Industry Exposure: Gain high-level experience in Securities Lending and Settlements within a leading global financial organization.
Collaborative Culture: Work within a highly positive, 12-member team that prioritizes cross-training and professional support.
Networking & Growth: Significant opportunity for networking within the Wealth and Securities divisions, with a path toward long-term or full-time employment.
Central Location: Convenient work environment located at Bloor and Bay in the heart of Toronto’s financial district.
Responsibilities
Settlement & Operational Execution
Trade Settlement: Responsible for the end-of-day settlement of all loans, borrows, repays, and collateral tickets within CDS and DTC environments.
Monitoring & Reporting: Actively monitor settlement discrepancies and report them on a timely basis to Institutional Lending Traders and Margin groups to ensure prompt resolution.
Issue Resolution: Investigate, resolve, and escalate complex operational issues to Management and Traders as required.
Ancillary Functions: Manage various operational tasks including Mark to Market, Contract Compare, Fees and Rebates, and Reconciliations.
Trader Support: Provide real-time position checks and movement updates to support trading activity and inquiries.
Compliance & Quality Control
Audit & Documentation: Accurately maintain and file all documentation pertaining to daily settlements to meet internal and external audit requirements.
Regulatory Adherence: Ensure all transactions comply with industry codes of conduct, AML policies, and organizational operating procedures.
Risk Management: Ensure all FX and wire requests are authorized within assigned limits and follow strict due diligence protocols.
Team Participation: Participate in daily huddles, weekly Late Collateral rotation shifts, and departmental process improvement initiatives.
Qualifications
Mandatory Requirements
Experience: 5+ years of professional experience within the Banking or Financial Institution industry.
Technical Skills: Advanced proficiency in Microsoft Excel.
Financial Expertise: Demonstrated experience in Reconciliation (identifying and resolving financial discrepancies).
Education: A University Degree is mandatory.
Professionalism: Proven ability to work under pressure, manage strict deadlines, and handle high volumes of work accurately.
Preferred Qualifications
Completion of CSC (Canadian Securities Course) or progress toward CFA/CGA certifications.
Direct experience in the Settlement and Trading industry.
Familiarity with CDS and DTC platforms.
Summary
If you have a passion for high-volume hiring and a desire to contribute to a leading financial institution, we encourage you to apply. This is an excellent opportunity to develop your career and make a significant impact
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
