Trade Capture Administrator

JOB DESCRIPTION

Location: On-site | Mississauga, ON

Duration: 3 months

Our client a leading financial institution in  Mississauga is looking for a Trade Capture Administrator to monitor FX trade queues on MVP. The successful candidate will have the opportunity to work with one of the Top 5 Banks in Canada.

Typical Day in role:

Efficiency and Productivity

• Retrieve trade information from clients that are sent electronically via ISO, SSCNET and other trading systems.
• Pre-verify all information and repair where necessary on MVP.
• Input/Authorize/Release trades received manually on MVP/TRUST/SMAC
• Refer to Client Service Delivery, clients or Investment Managers with STP and NI-24-101 issues.
• Ensure all trade cancellations/corrections are researched and dealt with in a timely manner and forwarded to the cancellation team for immediate processing.
• Suggest / Implement processing improvements and embrace changes
• Ability to multi-task and ensure accuracy, efficiency and in meeting Industry deadlines.

Risk Management and Compliance

• Adopt the highest professional standards.
• Ensure CtrNet is updated as required
• Ensure all established processing procedures are followed to mitigate risk.
• Ensure all system access granted is relevant and in line with the assigned role.
• Ensure contributions are made to support a “satisfactory audit”.
• Ensure all Policies and Procedures are in place and any amendments are duly authorized.
• BCP procedure in place is understood and the required participation on WAR exercise is met.
• Exercise sound judgement and make business decisions on an appropriate understanding of risk in order to protect the long term interests of the bank and its clients.

Client Service

• Act all times in the best interest of the bank and its clients, within the firm’s risk appetite to prevent any unfavorable outcomes / harm to clients.
• Ability to work under pressure and meet very strict deadlines
• Ability to multi-task and ensure accuracy/efficiency/timeliness, especially in reviewing and authorizing client instructions.
• Proactively advise clients via Client Operation – Service Delivery of industry standards and regulatory requirements and potential risks of non-compliance
• Liaise with Client Operations-Service Delivery for trade instruction and STP issues.
• Identify fax or manual clients for possible automation
• Ability to work under pressure and meet very strict deadlines

Teamwork

• Display work ethics that foster team spirit and a respectful workplace.
• Offer help when the need arise especially when the team experience high volume and staff shortage.
• Collaborate with management decisions and discretions that are required to mitigate risks.
• Ensure sufficient cross-training plans are in place and achieved for sufficient coverage during unexpected FTE shortage within and outside the team.
• Knowledge and “client exception” sharing to avoid surprises when backing up a desk.
• Support and adopt to new initiatives

Lead Hand

• The role also takes responsibility within the team in mentoring fellow expediters, especially the new hires.

Must-Have Skills:

• 1 Year trade processing experience
• Very strong computer skills, including Microsoft Office applications
• Solid knowledge of Trade Processing principles

Nice-To-Have Skills:

• Excel
• Problem solving skills
• Ability to work in fast paced environment
• Canadian Securities Course ( CSC)

Soft Skills Required:

• Teamwork
• Problem solving
• Adaptability
• Time management
• Dependability
• communication

Education:

• College diploma

Finance professional is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. We advocate for you and welcome anyone regardless of race, color, religion, national origin, sex, physical or mental disability, or age.