Manager - Asset Servicing

Manager, Architect and developer roles.
Domain experience in post trade activities like corporate action (CA), security lending, cash movement, failed trades etc
Technical experience in SQL, MS Excel, MS Access, VBA
Completion of the Canadian Securities Course is recommended
Knowledge of TCS CA product BaNCS, Broadridge products (ADP, Gloss, IMPACT, DTC)

We are looking for Manager, Developers and architects with Asset service experience(MUST). Please find below the JD for manager.

Job Title: Manager - Asset Servicing (12-month contract)

(Canada) - (Ontario) - (Toronto)

Work Arrangement: This position is currently a Hybrid role. Please note that this is subject to change based on the needs of the business.

Purpose: The Manager will contribute to the overall success of the Asset Servicing team and will be responsible for a broad array of operational duties including, but not limited to, Trade Life Cycle support, trade administration, onboarding and enablement, compliance monitoring, reconciliation, and client services.

Is this role right for you? In this role, you will:

• Drives and enhance a customer focused culture throughout the team to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Ensure operational efficiency of Asset Servicing is maintained at a high level in accordance with approved policy and procedures by; organizing, prioritizing, and supervising workflows, and deploying staff accordingly, monitoring work in progress, providing direction / follow up as required; checking/authorizing various components of income transactions as assigned; monitoring outstanding payments due from depositories/issuers/financial institutions.
• Assisting in the implementation of new processes/ systems as required; identifying challenges and pursuing opportunities to improve processing efficiency; solving problems of an unusual nature including identifying the root cause of the problem and what is required to prevent a recurrence.
• Ensure a high level of customer service is provided to all business lines by ensuring that all transactions are completed in an accurate and timely manner; responding promptly, accurately and professionally to inquiries from internal/external customers; providing technical expertise and specialized assistance relative to Asset Servicing.
• Effectively assist to develop the team by ensuring a high degree of productivity and providing ongoing monthly coaching feedback and ensuring appropriate training/cross training is provided as required and/or available; assist with the preparation of performance appraisals.
• Assist with managing related risk and minimize losses by reviewing and sign off the team's work; ensuring effective procedural and management controls in place are followed. Ensure the team is following escalation procedures for any potential losses; challenging/reviewing existing procedures to ensure adequate controls are implemented.
• Provide ongoing assistance to the department manager by reviewing and ensuring the control accounts are updated and or cleared daily to avoid outstanding items from getting aged. Train and cross-train other team members when required and providing support with each other's functions with volumes and projects and perform any ad hoc functions/sundry duties.

Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have:

• Experience in Asset Servicing, including Income Processing, stock borrow loan transactions, fail trades and various market entitlements compensations (trade date vs settlement date market)
• Completion of the Canadian Securities Course is recommended
• Strong technical abilities including knowledge of basic software engineering principles (experience in SQL, VBA, Access, Excel preferred), and a sound understanding of operational processes
• Strong knowledge of related processing systems related to entitlement activity which includes various Broadridge products including ADP, Gloss, IMPACT, DTC, and/or depository exposure to CDS, Clearstream, BNP, Citi, HSBC

Knowledge of corporate actions processing engine, TCS BaNCS, an asset