Analyst, CDS Operations Depository Control

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 Canadian Depository for Securities Limited (CDS) is Canada’s national securities depository, clearing and settlement hub for domestic and cross-border depository-eligible securities. It supports Canada’s equity, fixed income and money markets and is accountable for the safe custody and movement of securities, the processing of post-trade transactions, and the collection and distribution of entitlements relating to securities deposited by participants.
You will be responsible for ensuring complete and timely processing of tasks in areas such as:
• Depository Control
• Cross Boarder
• Shareholder Communications
You will be responsible for the processing of deposits and withdrawals, funds/ledger adjustments and monitoring cross boarder movements. They are also responsible for Shareholder Communications and the processing of Holders of Record requests.
This role reports to Manager, CDS Transfer and Clearing Operations.

Key Responsibilities:

• Review daily reconciliation reports. Ensure out of balances are dealt with promptly.

• Initiation and/or input of CDS deposit/withdrawal/security/funds adjustments to maintain the integrity of CDS, External Custodian and Participant records.

• Verification of output and resolution of any discrepancies associated with the processing of ledger movements.

• Documenting and securing of collateral for all negative ledger positions not cleared by end of day.

• Monitoring of Cross Boarder movements.

• Review and Authorization of meeting and record dates (NRMDs) and ensure publications in the financial news papers.

• Timely preparation and distribution of bulletins for declarations to shareholders.

• Accountable for annual declaration process for the Canadian Banks and ensure predetermined deadlines are met.

• Handling of customer inquiries in a prompt and professional manner.

• Input of related stats and fees for monthly billing. Ensure that all invoices are paid in a timely manner.

Skills:

• Excellent listening, written and verbal communication skills

• Strong planning and organizational skills with a demonstrated ability to prioritize in order to meet strict deadlines.

• Strong technical  and  analytical  skills  and  ability  to  propose  operational solutions  and  solve moderately complex problems specific to a project or assignment

• Self-motivated and able to work with minimum supervision, as well as a team player

• Reliable and respect TMX’s Code of Conduct

• Excellent interpersonal skills

Education / Experience:

• Post secondary education in finance/business/commerce.

• Minimum 1-3 years progressive experience in the Securities Financial Industry

• A good understanding of trading, clearing and settlement procedures.

• Strong proficiency with Google and other desktop applications

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.