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Operation Analyst - Provide support to the various business lines including Group Treasury - 26092

Job Type: Contract
Positions to fill: 1
Start Date: Jun 06, 2022
Job End Date: Dec 19, 2022
Pay Rate: Hourly: Negotiable
Job ID: 119202
Location: Toronto
Location Address: 150 King Street W - First 3 months MUST BE ONSITE FULL-TIME
Contract Duration: 6 months (Possibility for extension or Convert to FTE)
Number of Positions: 1


1. Provide support to the various business lines including Group Treasury (proprietary investments),  Wealth Management
- Ensuring all pertinent details of an Offer are relayed in a timely manner
- Establishing time frames within which the firm must work in order to ensure the correct processing and execution of client’s instructions (offer date and time, trading cut-offs, CDS/DTC deposit dates, record dates etc.); Determining residency restrictions for tenders as well as defining eligible points of tender; Identifying details not always clearly indicated in material published by the Offeror (deemed dividends, tax treatment);
- Securing instructions from the various business lines on/before expiry by ensuring instructions are processed or passed for execution

2. Ensure that the product involved is balanced during the life of the Corporate Action and that client requests can be accommodated by:
- Checking for breaks within the ADP system and investigating any outages in a timely manner
- Ensuring settlement of all owing positions
- Becoming familiar with the special Trading & Settlement rules for the offer that would affect tendering on the last days of a Corporate Action

3. Increase client satisfaction and loyalty to enable business growth through service excellence by:

4. Acquiring and maintaining a thorough knowledge of the various functional areas of the Corporate Actions, Settlements and Income Department which includes automated and non-automated systems, functions and products as well as building effective working relationships across the various teams and business lines

Must Have Skills 
1) 2+ years of Corporate Action experience required. Industry background and knowledge of security operations. Sound knowledge of Corporate Action processing (Mandatory & Voluntary), stock borrows/ loans transactions and liabilities, Income processing and various market entitlements compensations (Trade date vs settlement date market).
2) 2+ years of experience dealing with operational procedures and conventions of the various depositories/transfer agents the area interacts with - CDS, DTC, Clearstream, HSBC, BNP Paribas, Citibank and various transfer agents, law firms and companies
3) 2+ years of experience / good operating knowledge of the ADP system in general, a detailed knowledge of the ADP REOR system and good PC skills (Word, Excel, Access Database) Internet, Email, Bloomberg, CDS system, DTC, GLOSS etc

Nice to Have Skills
- Series 99 certification is preferred