Specialized Financial Agent - Toronto - beBeeSettlements

    beBeeSettlements
    beBeeSettlements Toronto

    1 week ago

    Full time

    Job title: Specialized Agent, Trade Settlements

    Description

    Job Opportunity

    We are seeking an experienced professional to join our Securities team in a specialized agent role. In this position, you will be responsible for ensuring the proper settlement of transactions involving Canadian-US bonds and equities, foreign securities, and daily reconciliation and monitoring of control accounts.


    Responsibilities:



    • (Prepare and settle new issue transactions according to standards established between various stakeholders)

    • (Proceed with securities loans with Sec Lenders as well as put securities as collateral (PLEDGE))

    • (Settle transactions against payment of American stocks/bonds and foreign securities with other institutions using DTC, FED WIRE; instruct our foreign custodian for any foreign stocks)

    • Reconcile settlements transactions versus depository CDSX and DTC at start of day.


    • Ensure availability of securities to make deliveries.

    • (liMake end-of-day settlement payments ensuring bank accounts are in order.)
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