Settlement Officer

Job summary

The role involves monitoring and processing the securities settlement lifecycle, including trade confirmations and reconciliation of cash and securities positions. The officer will resolve settlement breaks and coordinate with internal teams and external counterparties to ensure timely transaction completion.

Job details

Location: Montreal, QC Employment Type: Full time, Permanent Work arrangement: Initial 3 months- 5 days onsite, after that 3 days onsite 2 days remote Only candidates legally eligible to work in Canada without the need for visa sponsorship will be contacted We are looking for a Securities Settlement professional to join a capital markets operations team supporting U.S. securities and post-trade activities. This is a great opportunity for someone with experience in securities settlements, back-office operations, or capital markets operations who enjoys working in a fast-paced environment where accuracy, problem-solving and meeting deadlines are critical. Key Responsibilities Monitor and process securities transactions through the settlement lifecycle Handle trade confirmations and settlement follow-up Support settlement activities involving U.S. securities and Fedwire Reconcile cash and securities positions and investigate discrepancies Monitor settlement deadlines, priorities and outstanding transactions Investigate and resolve settlement breaks, exceptions and unmatched transactions Coordinate with internal teams including Front Office, Middle Office, Finance and Treasury Communicate with clients, brokers and other counterparties as required Support cash, collateral and funding-related operational activities Prepare and review operational reports Contribute to process improvements, automation and operational efficiency Maintain a strong control mindset in a high-volume, deadline-driven environment Products / Markets Experience with one or more of the following is valuable: U.S. Government Securities / Treasuries Fixed Income / Corporate Bonds Mortgage-Backed Securities (MBS) Asset-Backed Securities (ABS) Equities Repo / Securities Financing Other capital markets products What We're Looking For Approximately 3+ years of relevant experience in securities settlement, back-office operations or capital markets operations Strong understanding of the front-to-back trade lifecycle Experience with securities settlement and post-trade processes U.S. market experience is an asset; Canadian market settlement experience may also be considered Strong attention to detail and risk awareness Excellent organizational and time-management skills Strong analytical and problem-solving abilities Comfortable working with multiple priorities and strict deadlines Confident communicator who can collaborate effectively with internal and external stakeholders Intermediate to advanced Excel skills Experience with FIS Phase 3, BNY systems, AccessEdge or similar platforms is an asset Experience with automation, process improvement or operational efficiency initiatives is an asset Bachelor’s degree in Finance, Business, Economics or a related field is preferred French is an asset; English is required PlanIT is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. All employment is decided based on qualifications, merit, and business needs. Disclosure: This posting represents an active and genuine vacancy with one of Plan IT’s clients and is not intended for speculative or pipeline recruitment. Plan IT and/or its clients may use AI-assisted tools from time to time to support the screening and evaluation of applications; however, these tools do not replace human judgment or decision-making at any stage of the hiring process.

What you’ll do

The role involves monitoring and processing the securities settlement lifecycle, including trade confirmations and reconciliation of cash and securities positions. The officer will resolve settlement breaks and coordinate with internal teams and external counterparties to ensure timely transaction completion.

Requirements

Candidates should have approximately 3+ years of experience in securities settlement or back-office operations with a strong understanding of the trade lifecycle. A bachelor's degree in Finance or a related field is preferred, along with proficiency in Excel and experience with settlement platforms.

Listed skills

• Microsoft Excel · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Securities Settlement
• Post-Trade Operations
• Trade Confirmations
• Cash and Securities Reconciliation
• Fedwire
• Risk Awareness
• Analytical Problem Solving
• Excel
• FIS Phase 3
• BNY Systems
• AccessEdge
• Process Automation
• Capital Markets Operations
• Trade Lifecycle Management
• Stakeholder Collaboration

Job areas

• Finance & Accounting