Operations Officer Iii

Toronto, ON, Canada

Job Description


Our client is a top financial institution with significant North American holdings. They have operations across most major verticals, including institutional & corporate, wealth management, private client, commercial banking, treasury, and retail banking.Introduction: Prime Hires is seeking a skilled Operations Officer to join our client.Contract Dates: 2 years with potential to convert
Pay Rate: $27 per hour
Business Hours: Monday to Friday (Hybrid)Job Responsibilities:

  • Responsible for settling in CDS and DTC all T007 and 5036 loans/borrows/repays and collateral tickets by end of day.
  • Monitor and report all settlement discrepancies on timely basis to the bank/client's Lending Traders and Margin group and ensure issues are resolved promptly.
Manage settlements efficiently in a multi-tasked environment and ensure all deadlines are met. * Accountable for investigating, resolving, and escalating any issues to Management and client's Lending Traders.
  • Additional responsibility includes Mark to Market, Contract Compare, Fees and Rebate, Reconciliations, and Recall functions.
  • Provide additional operational support to the bank/client's Traders such as real time position checks, position movement and answer inquiries related lending activity.
  • Provide a required audit function by accurately maintaining and filing documentation pertaining to daily settlements.
  • Participate on weekly Late Collateral rotation shifts/requests and ensure coverage is arranged during time off.
  • Participate on daily huddles, WPE and Hybrid Model.
  • Ensure all FX and wire requests are authorized per assigned limit.
Experience & Qualification Requirements:
  • Knowledge of settlements: 3 years
  • Previous Lending Experience: 3 years
  • MS Excel experience
****ALL CANDIDATES MUST COMPLETE A CRIMINAL AND CREDIT CHECK AS PART OF THE APPLICATION PROCESS****How to Apply: If you are a motivated professional looking to contribute to a leading team, please submit your resume outlining your qualifications and experience relevant to this role. Prime Hires & the clients we represent, value diversity and are committed to creating an inclusive workplace. We invite all qualified individuals to apply.Prime Hires & the clients we represent are equal opportunity employers, committed to diversity and inclusion. Prime Hires is a certified diverse supplier and actively seeks to foster a representative and inclusive workforce. We welcome applications from all qualified individuals, regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, Aboriginal status, or any other legally protected factors. We champion building a diverse and inclusive environment.

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Job Detail

  • Job Id
    JD2372650
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    $27 per hour
  • Employment Status
    Permanent
  • Job Location
    Toronto, ON, Canada
  • Education
    Not mentioned