Trade Specialist

Capital Markets Operations Officer III – Trade Settlements & Reconciliation

Job Details

Position Title: Trade Settlements Specialist

Contract Duration: 12 months

Extension/Conversion: Potential for extension and permanent conversion based on performance and business needs

Work Location: Toronto, Ontario

Work Arrangement: Onsite five days per week for the first 90 days; thereafter, one work-from-home day per week

Working Hours: Monday to Friday, 8:30 AM – 5:00 PM

Work Type: 100% back-office operations

Position Overview

We are seeking an experienced Capital Markets Operations Officer to support securities lending and settlement operations within a leading financial services organization. The ideal candidate will have strong banking or capital markets experience, hands-on knowledge of trade settlements through CDS/DTC, reconciliation expertise, and advanced Microsoft Excel skills.

• This role is primarily back-office and involves processing settlements, investigating discrepancies, maintaining accurate financial records, and providing operational support to trading teams in a deadline-driven environment.

Key Responsibilities

• Manage daily trade settlement activities through CDS and DTC, including T007 and 5036 loan, borrow, repayment, and collateral transactions, ensuring completion by end of day.
• Monitor, investigate, and report settlement discrepancies to lending traders and margin teams, ensuring timely resolution.
• Perform reconciliations, identify financial discrepancies, investigate exceptions, and escalate unresolved issues to management and relevant stakeholders.
• Support securities lending operations, including mark-to-market activities, contract comparisons, fees and rebates, recalls, and position reconciliations.
• Provide real-time position checks, track position movements, and respond to trading-related inquiries.
• Process financial data and maintain accurate records using MS Excel and various internal platforms.
• Ensure all foreign exchange (FX) and wire transfer requests are appropriately authorized within assigned approval limits.
• Maintain accurate settlement documentation and organized records to meet audit and record-retention requirements.
• Participate in late collateral coverage rotations and coordinate coverage during planned absences.
• Attend daily team huddles and participate in operational performance and return-to-office initiatives.
• Follow established operational procedures, quality controls, compliance requirements, and applicable banking regulations.
• Identify operational risks, investigate unusual activities, and escalate issues in accordance with internal policies.
• Collaborate with internal teams and external stakeholders to ensure timely and accurate transaction processing.

Required Qualifications

• Post-secondary education in Finance, Accounting, Business, or a related field.
• 5–7 years of experience in banking, capital markets, or financial services.
• Strong knowledge of capital markets, securities lending, and trading operations.
• Hands-on experience with trade settlements through CDS and DTC.
• Previous reconciliation experience, including investigating and resolving financial discrepancies.
• Advanced MS Excel skills, including VLOOKUPs, Pivot Tables, and macros.
• Strong attention to detail and the ability to manage multiple priorities while meeting strict deadlines.
• Excellent written and verbal communication skills.
• Ability to work collaboratively within a team and communicate effectively with internal and external stakeholders.

Preferred Qualifications

• Completion of Canadian Securities Course (CSC) or progress toward relevant financial certifications.
• CFA, FRM, CGA, or other relevant accounting and finance credentials.
• Knowledge of accounting, coding, or automation tools.
• Experience with securities lending platforms, collateral management, and financial transaction processing.

About Dexian: Dexian stands at the forefront of Talent + Technology solutions with a presence spanning more than 70 locations worldwide and a team exceeding 10,000 professionals. As one of the largest technology and professional staffing companies and one of the largest minority-owned staffing companies in the United States, Dexian combines over 30 years of industry expertise with cutting-edge technologies to deliver comprehensive global services and support.

Dexian connects the right talent and the right technology with the right organizations to deliver trajectory-changing results that help everyone achieve their ambitions and goals. To learn more, please visit https://dexian.com/.

Dexian is an Equal Opportunity Employer that recruits and hires qualified candidates without regard to race, religion, sex, sexual orientation, gender identity, age, national origin, ancestry, citizenship, disability, or veteran status.