Operations Representative - Banking
Operations Representative - Banking
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Job Description
Job Description
Please note This role is designated as Hybrid as per Fidelity Canadas Dynamic Working Policy.
Current Work Authorization is required for all openings.
Who We Are
Fidelity Clearing Canada (FCC) is the leading independent clearing broker and custodian in the Canadian market. We provide trade clearing custody and backoffice support services to Canadianbased brokerage firms and the Canadian brokerage arms of firms.
For more information about Fidelity Clearing Canada please visit
What You Will Do
The Operations Banking Rep is responsible for ensuring banking services are delivered in an efficient and costeffective manner providing a high level of service to both our internal and external clients.
This role is responsible for processing incoming and outgoing funds including margin call collateral cash requirement Type 4 and netting requirements and new issue closing deals.
It is primarily focused on the General Ledger duties of banking department including bank and control account reconciliations audit inquiries deposits and electronic payments.
This individual may be required to provide input to or participate in various projects and will perform other duties as requested.
- Create and maintain wire templates to ensure banking information is accurate
- Book daily bank transactions such as EFT credits/debits deposits incoming and outgoing payments
- Work with various departments in Operations Credit Compliance and Finance to manage EFT PAC and wire payments
- Responsible for the daily and monthly bank/control account reconciliation of Canadian USD and FX accounts to ensure activities posted to both GL and client accounts in a timely manner to enable most efficient use of funds resolve all unmatched items including Kyriba rejected transactions and review staledated cheques.
- Maintenance of Kyriba GL/budget code mapping
- Communicating with brokers as necessary to resolve unmatched items on bank reconciliation and performing necessary investigation.
- Regular interaction with internal business units and banks/vendors to resolve payment/receipt queries and general banking system issues.
- Issue cheques EFTs wires cheque deposits
- Maintain inventory of banking package to be distributed to clients
- Monitor payment file transmission to vendors/banks
- Upload positive bank file and conducts payee match exception review
- Responsible for billing file review and upload billing files to the Billing Management System
- Assign and coordinate trade settlement instructions on Bloomberg to ensure proper payment.
- Respond to audit inquiries in a timely manner; as required make calls to the bank directly to clarify adjustments or to clarify items on the bank statements in order to reconcile activity or properly code it; liaise with auditors to confirm bank balances as of a certain date
- Identify process improvement
- Deliver stellar quality customer service interactions to our internal and external customers to exceed their expectations and create a positive experience. Provide what was promised dependably and accurately and in a timely manner. Make our clients feel like they are #1 priority.
- Take ownership of solving a customers problem promptly; use all available resources to achieve the best outcome.
- Provide caring and individual attention to customers; promptly acknowledge customers emotions; treat each customer with respect; pays attention to details; actively listen to internal and/or external customers to understand and anticipate their needs and to create value.
- Deliver seamless customer service through teamwork and collaboration.
- Remain focused on customer needs; communicate clearly about what you need and expect from others to serve the customer; coordinate smoothly with others; share customer information; follow through on commitments thank team members for their efforts on behalf of the customer.
- Demonstrates a strong sense of personal ownership and commitment to achieving meaningful short and longterm results.
What Were Looking For:
Minimum of 1 year relevant experience in the financial services industry preferably in banking role
Bloomberg knowledge is an asset
3year postsecondary education completed preferably in Finance Accounting or Economics
CTP (Certified Treasury Professional) accounting designation or equivalent is considered an asset
The Expertise You Bring:
Strong knowledge of economic markets
Ability to work with tight deadlines and a sense of urgency in a fastpaced environment
Ability to work with a high degree of accuracy and attention to detail
Ability to work well within a team and independently
Good verbal and written communication skills and ability to communicate well with internal departments vendors and clients
Fidelity Canada is an equal opportunity employer
Fidelity Canada is committed to fostering a diverse and inclusive workplace. We will consider all qualified applicants for employment regardless of race color religion sex sexual orientation gender identity or expression national or ethnic origin age disability family status protected veterans status Aboriginal/Native American status or any other legallyprotected ground.
Accommodation during the application process
Fidelity Canada welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in the selection process. If you require an accommodation please email us at .
No telephone inquiries or agencies please. We thank all applicants for their interest please be advised that only those selected for an interview will be contacted.
Why Work at Fidelity
We are proud to be recipients of the following:
Awards
Canadas Top 100 Employers
o Greater Torontos Top Employers
o Canadas Top FamilyFriendly Employers
o Canadas Top Employers for Young People
Great Place To Work Certified
o Best Workplaces for Inclusion
o Best Workplaces for Mental Wellness
o Best Workplaces for Todays Youth
o Best Workplaces for Women
o Best Workplaces in Financial Services & Insurance
o Best Workplaces in Ontario
o Best Workplaces with Most Trusted Executive Teams
LinkedIn Top Companies in Canada
Human Resource Director (HRD) Best Place To Work
o HRD 5Star Benefit Program
o HRD 5Star Diversity & Inclusion Employer
Designations
Canadian Compassionate Companies Certified
Benefits Canadas Workplace Benefits Award Future of Work Strategy
TalentEgg National Recruitment Excellence Award Special Award for Diversity & Inclusion in Recruiting
Canadian HR Reporters Most Innovative HR Team
Required Experience:
Unclear Seniority
Employment Type
Full-Time
