Canada Life
Job title:
Trust Accounting & Settlement Technician
Company
Canada Life
Job description
Permanent Full Time
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Reporting to the Assistant Manager, Quadrus Trust & Settlement, the Trust Accounting & Settlement Technician operates in a fast-paced environment with ties to both Financial Operations and Wealth Operations. The Trust and Settlement team is responsible for the reconciliation of individual client trust accounts and the settlement of all client trades. As a member of the Trust and Settlement Team, the Trust Accounting & Settlement Technician role requires knowledge of the Mutual Fund industry, an understanding of Quadrus Policies and Procedures and a background in Finance / Accounting. The incumbent must be able to work well independently with limited direction, as well as in a close-knit team environment.
What you will do
- Processing daily settlement of Mutual Fund and / or Segregated fund trades
- Processing payment for trade settlement
- Processing redemption payments from Nominee Mutual Fund plans
- Issuing system cheques via Prolific
- Handling returned / rejected payments in a timely manner
- Corresponding with Quadrus Admin / Individual Investment Services Admin / Client Cash Management for investigation and resolution of trade related issues
- Reconcile daily bank deposit of client funded purchases
- Ensure accurate tracking of unfunded purchases and associated dealer required funding
- Acting as support for other Settlement Technicians as required
- Ensuring that MFDA, compliance and privacy guidelines are followed at all times
- Meeting established service standards and providing superior customer service
- Investigating and accepting A$M receivables through Fundserv
What you will bring
- Understanding of the Mutual Fund and Segregated Fund Industries
- Post-secondary education, preferably with a background in Finance or Accounting
- Familiarity with MFDA rules and regulations
- Preference will be given to candidates with working knowledge of Quadrus’ business processes
- Excellent time management skills with proven ability to successfully meet multiple daily deadlines
- Strong organizational skills and keen attention to detail
- Excellent oral and written communication skills
- Ability to recognize when to escalate issues
- Professional and approachable with an emphasis on collaborative working relationships
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The base salary for this position is between $39,300 – $53,200 annually. This represents base salary only and does not represent other variable compensation components of our total compensation ( i.e. annual bonus, commission etc). If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you.
Career opportunities will be open a minimum of 5 business days from the date of posting, closing dates will vary depending on the search activity. All applications received will be reviewed on a rolling basis.
Be your best at Canada Life- Apply today!
Being a part of Canada Life means you have a voice. This is a place where your unique background, perspectives and talents are valued, and shape our future success.
You can be your best here. You’re part of a diverse and inclusive workplace where your career and well-being are championed. You’ll have the opportunity to excel in your way, finding new and better ways to deliver exceptional customer and advisor experiences.
Together, as part of a great team, you’ll deliver on our shared purpose to improve the well-being of Canadians. It’s our driving force. Become part of a strong and successful company that’s trusted by millions of Canadians to do the right thing.
Canada Life serves the financial security needs of more than 13 million people across Canada, with additional operations in Europe and the United States. As members of the Power Financial Corporation group of companies, we’re one of Canada’s leading insurers with interests in life insurance, health insurance, investment and retirement savings. We offer a broad portfolio of financial and benefit plan solutions for individuals, families, businesses and organizations.
We are committed to providing an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employee has the opportunity to reach their potential.
It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Canada Life policies. To request a reasonable accommodation in the application process, contact [email protected].
Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted.
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Requisition ID: 612
Category: Actuarial and Investments and Finance
Location:
London, ON
Date: Mar 8, 2024
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Expected salary
$39300 – 53200 per year
Location
London, ON
Job date
Sun, 10 Mar 2024 01:52:46 GMT
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