Int. Trade Support Analyst with Capital Markets expertise to work with depositories (DTC), communicate with sales desk traders daily, and complete reconciliations for a large banking client - 50018
Job Type: Contract
Positions to fill: 1
Start Date: Jun 06, 2023
Job End Date: Jan 02, 2024
Pay Rate: Hourly: Negotiable
Job ID: 130264
Location: Toronto
Job ID: 50018
# of positions: 1
Duration: 9 months
Extension possible: yes
Interviews: 1 round, 2 Round if required
Location: Hybrid –two days a week in office
Description
• Develop understanding of the Fixed Income Domestic and international market
• Receive all corporate action notifications from custody network, examine and investigate further to ensure accurate and timely entry into corporate action dashboard
• Ensure corporate actions are accurately processed including asset set-up, tax implications and book value adjustments
• Monitor coupon record changes and reconcile income received to custodian records
• Processing mandatory and voluntary Corporate Actions
• Ensure all affected clients and stakeholders are notified on a timely basis
• Managing and resolving exceptions:
o Arising from settlement discrepancies
o Resulting from feed issues that create exceptions
• Develop and maintain working relationships with internal and external partners for the purposes of delivering optimal customer service
• identify, recommend and assist in implementing processes/controls/productivity improvements
• Initiate and/or participate in projects –identify test cases, communicate project status and execution of test cases to ensure project objectives are met in a timely manner.
• Assist in analysis, development, testing and implementation of operating and process improvements
• Ensure written procedures of new/current process are captured and updated routinely.
• Execute on ad-hoc non-routine requests
• Ensure all escalation policies are observed under the policy
• Provide a high level of service in assisting process partners to identify, locate and resolve differences.
MUST HAVE:
NICE TO HAVE:
# of positions: 1
Duration: 9 months
Extension possible: yes
Interviews: 1 round, 2 Round if required
Location: Hybrid –two days a week in office
Description
• Develop understanding of the Fixed Income Domestic and international market
• Receive all corporate action notifications from custody network, examine and investigate further to ensure accurate and timely entry into corporate action dashboard
• Ensure corporate actions are accurately processed including asset set-up, tax implications and book value adjustments
• Monitor coupon record changes and reconcile income received to custodian records
• Processing mandatory and voluntary Corporate Actions
• Ensure all affected clients and stakeholders are notified on a timely basis
• Managing and resolving exceptions:
o Arising from settlement discrepancies
o Resulting from feed issues that create exceptions
• Develop and maintain working relationships with internal and external partners for the purposes of delivering optimal customer service
• identify, recommend and assist in implementing processes/controls/productivity improvements
• Initiate and/or participate in projects –identify test cases, communicate project status and execution of test cases to ensure project objectives are met in a timely manner.
• Assist in analysis, development, testing and implementation of operating and process improvements
• Ensure written procedures of new/current process are captured and updated routinely.
• Execute on ad-hoc non-routine requests
• Ensure all escalation policies are observed under the policy
• Provide a high level of service in assisting process partners to identify, locate and resolve differences.
MUST HAVE:
- 2+ Years experience as a Trade Support Analyst
- 2+ Years experience as in Capital Markets operations
- Advance knowledge of MS suite of software applications and Excel, VBA
NICE TO HAVE:
- Sound knowledge of Fixed Income market settlements & Asset servicing
- Experience in handling Fixed Income corporate actions and coupons
- Understanding of Bloomberg, Reuters and other market data products
- Settlements and Clearing Experience