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Intermediate Transaction Management Specialist - 1 Year Contract (Closed)

Reporting to the Manager, Transaction Management, the incumbent is responsible for the timely and accurate processing of the North American and International securities investments, trades and corporate actions. This is a multiple incumbent position.

About the Opportunity

• Process Corporate Action requests accurately as outlined by Managers from various North American and International accounts
• Communicate on a timely basis on any issues with Managers and Custodians due to the time sensitive nature of these activities and keep inventory of outstanding or pending actions and manage to the corporate action deadline
• Review investment and trade data received for input from multiple sources; raise any questions and investigate when data for input does not look correct
• Conduct analysis, investigate possible errors and make corrections to investments and trade data that have already been input within documented guidelines, review forecasted cash flows that have been brought to the data maintenance area from the reconciliation area as they do not reconcile to the bank
• Input investment and trade data related to complicated investments from multiple investment offices into the systems as requested by our International Managers
• Determine accuracy on trades when they don’t agree with the in-house accounting system, using different accrual methods
• Review and monitor various data elements for control and integrity to the core securities data and information
• Update multiple financial and reporting related fields on trade and investment records as advised
• Identify areas of opportunity through analysis and develop recommendations for improvement
• Ensure that senders of electronic document instructions are from the approved signature list
• Provide assistance to other team members and management team when required
• Participate in inter-department cross training to ensure continuity of service
• Adhere to established SOX documentation and controls
• Assist with Internal and External Audits
• Work within existing procedures and processes ensuring clear and concise documentation is created and maintained
• Additional duties, as assigned
• Work hours are from 10:00am to 6:00pm with overtime as required
• Working with International accounts that have different time zones than North America
• Interpreting International corporate actions to proper Canadian/US Investment processing
• Examples of complex transactions include Mortgage-backed, construction and structured financing for private placements, for the International investments there are tax rules for different jurisdictions to consider when entering the investments and trades
• Ensuring all work is performed within SOX guidelines

About You

• Post secondary education or minimum 2-3 years equivalent work experience in a securities operations environment, including securities data input
• Investment knowledge
• Canadian Securities Course is an asset
• Excellent knowledge and current understanding of securities instruments
• Excellent understanding of different corporate action events
• Good understanding of settlements, foreign exchange and banking processes
• Bloomberg experience
• Microsoft Office knowledge is required; intermediate MS Excel
• Knowledge of current and new technology to support front, middle and back office asset management requirements is an asset
• Strong conceptual skills, diagnostic, analytical and problem solving skills and ability to exercise flexibility and judgment
• Demonstrated initiative and good team player
• Strong attention to detail
• Proven ability to work in a deadline oriented environment
• Ability to follow process and adhere to guidelines
• Flexible with working hours and be available for overtime and working on Canadian Statutory holidays

Pay Rate

$24 - $27/hour

How to Apply

Click the “Apply Now” button and follow the instructions to submit your resume. Please note that we only accept documents in MS Word or Rich Text formats. When referencing this job, quote #27089.

You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.