Settlement Officer

3 weeks ago


Toronto Ontario, Ontario, Canada Infotek Consulting Services Inc. Full time

Infotek Consulting is searching for a Settlement Officer - this is a hybrid contract opportunity based in Toronto:


Performing middle and back office trade processing/settlement activities using Charles River


Reporting to the Head of Client Implementation for Canada, responsibilities will focus on client onboarding and implementation

.

The role will include but is not limited to:

On-going maintenance and documentation of the onboarding process to allow for efficiency, risk review and continuous improvement. This requires proficiency in:

  • Transition management
  • Securities settlement
  • Fund settlement
  • Alternative investment transactions including capital calls and hedge funds.

Transition and implementation related to new client on-boarding

Implementation of new products including:

  • Planning and approval
  • Documentation of trust agreements and offering materials
  • Set up of transfer agent, custody and trustee
  • Execution of fund launch

Implementation of third party managers including:

  • Documentation
  • Set up with client custodian and manager
  • Execution of initial trading

Implementation of Sub-advisor changes including

  • Documentation
  • Coordination of set up with custodian and sub-advisor
  • Transition

Maintenance of client information and delivery of services including:

  • Plan mergers and dismantling of Master Trusts
  • Plan name changes
  • Client billing
  • Client documentation



Qualifications:

Undergraduate degree in relevant finance, economics or related discipline

5+ years Portfolio Manager experience with focus on institutional client account maintenance, defined contribution platforms and trade order management experience (securities and funds)

Mutual/Pooled Fund experience would be an asset

Outstanding technical, analytical and problem solving skills; Microsoft Office competence with a strong emphasis in Excel including Macro proficiency

Strong organizational skills

Ability to manage multiple priorities and work with minimal supervision

Excellent interpersonal and project management skills with a strong attention to detail

Strong verbal and written communication skills a must


Strong Assets:

  • Previous cash management experience
  • Trade processing experience
  • Charles River Investment Solutions experience
  • Quality assurance / User acceptance testing experience
  • Intermediate to advanced Microsoft excel skills



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