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Cash Management Officer

TMX Group6 days ago
Toronto, Ontario
Senior Level
full_time

Top Benefits

Employee-led Team Impact spreads social good via our giving strategy
Culture of flexibility and balance
Cloud-first and hybrid workstyle

About the role

Venture outside the ordinary - TMX Careers The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets. United as a global team, we’re connecting cross-functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and propelling progress. Through a rich exchange of ideas, meaningful collaboration, and a nimble operating model, we're powering some of the nation's most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team.

Ready to be part of the action? The Cash Management Officer will manage Dividend payment and re-investment plans for a designated number of Corporate Clients and their security holders.

Key Accountabilities

  • Develop a thorough knowledge and understanding of the dividend payment process and DRIP plans of all assigned corporate clients; interpret plan guidelines; inform management of developments or changes in plan administration.
  • Process dividend payments and balance funds, share amounts, and tax information of plan accounts.
  • Set up new plan participants on the system; perform account enrollments, withdrawals, and terminations; input and balance optional cash contributions.
  • Process investment data share buys on the system.
  • Prepare summaries with details of shares purchased for corporate clients.
  • Generate production of statements; ensure statements are produced on schedule, inspect output for accuracy, authorize and release statements for mailing.
  • Research and respond to requests for information from Call Centre staff and handle correspondence regarding plans.
  • Stay on top of legislation and proposed changes in legislation as it pertains to re-investment.
  • Maintain and provide weekly/monthly statistics for fee and performance reporting purposes.
  • Purchase and sell shares on the market on behalf of clients and/or security holders.
  • Issue cheques representing the proceeds from the sale/termination of shares.
  • Prepare and mail reject letters, certificates/cheques to shareholders.
  • Monitor NSF from cash contributions and deposit wires from clients.
  • Ensure compliance with policies, procedures and regulatory requirements.
  • Manage onBase scanning and admin assignment activity
  • Support team’s regular mailing activities
  • Process Optional cash payments and AML checking
  • Other duties and responsibilities as assigned

Must Have (s)

  • 2 years or more experience in a similar role
  • College diploma or university degree, or equivalent experience
  • Strong communication skills
  • Establishes and maintains strong relationships with internal and external clients
  • Strong organizational skills and attention to detail.
  • Strong decision making and problem solving skills
  • Poised, works well under pressure and accomplishing short- and long-term deadlines with a heavy workload

Nice Have (s)

  • Financial services industry experience, an asset

In the market for… Excitement

  • Explore emerging technology and innovation, as well as ventures and digital finance that shape the future of global markets! Experience the movement of the market while grounded in the stability of close to 200 years of success.

Connection

  • With site hubs in some of the world’s most multicultural cities, we leverage our size and structure to create rich connections and belonging while experiencing powerful global impact through our work.

Impact

  • More than a platform, we use our talents to power mission-critical systems that drive global economic advancement, innovation, and growth. As well, our employee-led Team Impact spreads social good via our giving strategy.

Wellness

  • From empathetic leadership to a culture of flexibility and balance, we believe wellness at work creates the maximum yield and a stronger “we”. Plus, with a cloud-first and hybrid workstyle, as well as generous time-off and leaves, we support a life well lived!

Growth

  • From a growth mindset in our work, to expansion in our business, TMX is home to action-takers energized by the achievement of ambitious growth.

Ready to enrich your career with impactful work, leaders who truly care, and the flexibility and programs to help you thrive as part of #TeamTMX ? Apply now. TMX is committed to creating and sustaining a collegial work environment in which all individuals are treated with dignity and respect and one which reflects the diversity of the community in which we operate. We provide accommodations for applicants and employees who require it.

About TMX Group

Financial Services
1001-5000

At TMX Group, we build world-class markets to enable businesses and investors to succeed and help communities thrive. Powered by our people, TMX has the means to bring inspired ideas to life, and to unlock human potential. We believe better markets serve as a propulsive engine, creating opportunities for bold and ambitious ideas to create a brighter future.

With offices in some of the world’s most multicultural cities, we proudly celebrate diversity, learn from one another, and cultivate true belonging in a Hybrid-First work environment. We are a global team, connected across multiple industries, and united by a common Purpose: To Make Markets Better and Empower Bold Ideas.

Our Mission We power capital and commodity markets with client-centric, technology-driven global solutions.

Our Vision To be an indispensable solution for companies around the world to raise capital and the preferred destination for traders and investors to prosper.

TMX Group companies includes: Toronto Stock Exchange, TSX Venture Exchange, TSX Trust, Montréal Exchange, TSX Alpha Exchange, Shorcan, CDCC, CDS, TMX Datalinx, TMX Insights and Trayport.