Operations Analyst, Trade Settlements and - Montréal, Canada - CIBC

CIBC
CIBC
Verified Company
Montréal, Canada

2 weeks ago

Sophia Lee

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Sophia Lee

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Description
We're building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what's right for our clients.

At CIBC, we embrace your strengths and your ambitions, so you are empowered at work.

Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.

To learn more about CIBC, please visit

What you'll be doing

The Trade Settlements and Reconciliations, Operations Analyst, will be responsible for day to day trade settlement and reconciliation functions. The Specialist will monitor, investigate more complex trade settlement issues for varying security types. You will work with brokers and custodian banks to resolve trade settlement problems in a timely manner.


The Specialist, will also be responsible for performing daily cash and monthly asset reconciliation of complex mutual funds and institutional accounts.

You will process adjustments in our accounting system accurately and in a timely manner. You will make regular follow ups with custodians to clear all outstanding items in your reconciliation team. You will follow all Procedural and Operational controls. Overtime will be requested to support the business operations and meet operational requirements and deadlines.

You may participate in various ad hoc assignments including new projects.

  • At CIBC we enable the work environment most optimal for you to thrive in your role. You'll have the flexibility to manage your work activities within a hybrid work arrangement where you'll spend 13 days per week onsite, while other days will be remote._
How you'll succeed

  • Being Analytical
  • Process trade corrections on any identified errors. Work with compliance and various other teams on the reporting of these errors.
  • Attention to Detail Maintain broker and custodian information accurately within the trading system and various other systems. You notice things that others don't. Your critical thinking skills help to inform your decision making.


  • Operational Functions

  • Individual must be familiar with a variety of equity, fixed income and international including experience in operationally supporting post trade processing for trade matching, confirmation, trade settlement and regulatory reporting. Requirement to follow all procedures and controls within the Operations team.


  • Leveraging technology

  • Computer literacy skills are required. Proficiency in Microsoft Excel is a must.
  • Team Player & Effective Communicator
  • This position requires strong verbal, written and interpersonal skills; exceptional analytical and organizational skills, ability to work in a team environment, with a positive and professional attitude.


  • Effective Time Management

  • Must have the ability to work in a fastpaced environment and to effectively multitask.
  • Ability to work in a fastpaced environment and with multiple concurrent deadlines
  • Able to work with a positive and professional attitude and with high level of accuracy.
Who you are

  • You have a Bachelor's degree with a focus on Accounting, Finance, Economics, or Business.
  • You're a certified professional. You have successfully completed the Canadian Securities Course (CSC) (asset)
  • You have Investment Operations experience (considered an asset)
  • You have Securities Industry knowledge preferred (considered an asset)
  • You have trade settlements experience preferred (considered an asset)
  • You embrace and champion change. You'll continuously evolve your thinking and the way you work in order to deliver your best.
  • Your influence makes an impact. You know that relationships and networks are essential to success. You inspire outcomes by making yourself heard.
  • You're digitally savvy. You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends.
  • You're driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to create a shared vision.
  • You can demonstrate experience in SS&C (Pacer) accounting system and SS&CNet (considered an asset) You have good technical skills with Excel and Word
  • Values matter to you. You bring your real self to work and you live our values trust, teamwork and accountability.
  • You're fluent in French and English to serve our clients in the community.
What CIBC Offers

At CIBC, your goals are a priority.

We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential.

We aspire to give you a career, rather than just a paycheck.- We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, defined benefit pension plan*, an employee share purchase plan, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognit
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