Analyst, Corporate Actions
3 weeks ago
Questrade Financial Group (QFG) of Companies is committed to helping Canadians become much more financially successful and secure. We are everything a traditional financial institution is not. Our vision is to revolutionize financial services for the benefit of Canadians by providing the most innovative and cost efficient financial services online.
That’s why we empower our employees to continuously grow their professional careers with QFG. We believe in having a diverse, inclusive place to work and our flexible working arrangements brings that to life so you can unleash your creativity. Our values are a part of our DNA, and we care deeply about our people helping us fulfill our mission and become an important part of our community. We are always looking for like-minded professionals to join our team. Come grow with us.
We’re looking for our next Analyst, Corporate Actions. Could It Be You?
The purpose of the Analyst is to mitigate financial, regulatory and reputational risks by ensuring the SLA and regulatory compliance of third party clearing operations services and in-house processes. They work collaboratively to foster productive and positive relationships for the benefit of Questrade’s clients and overall business operations.
What’s it like working as an Analyst, Corporate Actions at Questrade?
The Analyst is responsible for supervising the daily activities within Questrade’s clearing operations department. The position monitors, audits and measures in-house processes and third party services against SLA’s and regulatory obligations, then reports on the results.
They act as the first and primary point of contact for third party administrative and supervisory employees.
They foster positive and productive relationships internally and with third parties, and they work collaboratively with all parties to effectively resolve issues.
Need more details? Keep reading
**As an analyst, you will**:
- Establish and foster positive and productive relationships with third party service provider - Broadridge and transfer agents
- Provide reorg event information for Risk Department and Trade Desk
- Process physical certificate for plan of arrangement and re-org
- Process FX requests
- Check mandatory event payments that are paid every day
- Point of contact for mandatory and voluntary claims on share following short position
- Assist the ATG team with conversion of securities
- Book cheques for GIC (Guaranteed Investment Certificate) maturity
- Provide proxy related information as requested by CSS
- Review any corporate action mail to ensure notices have been mailed to clients
- Review pushout events
- Completes Re-org daily check-in form
- Other ad-hoc reorg related tasks
So are YOU our next Analyst, Corporate Actions? You are if you have
- 1- 3 years of relevant work experience, ideally in corporate actions
- Experience working in a clearing operations or back office department
- Sound knowledge in one or more clearing operations functional areas is an asset
- An understanding of regulatory requirements
- Dividends & Interest
- Security Lending/Stock Loans
- Physical Securities
- Excellent communication skills
- Proven analytical and reconciliation skills and experience
- CSI course completion, including: CSC, CPH exam is an asset
- Experience using BPS is preferred
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