Posted 2 months ago
Settlements Officer
@ Groom & Associates
Montréal, Quebec
Overview
Groom & Associates is hiring a Settlements Officer for an international banking and financial institution's first Canadian office in downtown Montreal. The role provides back-office settlement support for securities trading, including US Treasury transactions, tri-party processing and DTCC activities. The position is permanent full time, hybrid with 3 days in office, and offers an annual salary plus a 10% bonus.
Responsibilities:
- Process DTCC deliveries, pledges and collateral movements
- Manage broker-dealer account funding and daily Treasury requirements
- Process Fed wire and tri-party settlements via BNY platforms
- Balance clearinghouse and internal system records daily
- Coordinate with finance, middle office and trading teams
Requirements summary:
- Bachelor's degree in a relevant field
- 5+ years of back-office settlements experience, fixed income focus
- Knowledge of securities processing, payments and regulation
- Working knowledge of BNY BDC, DTCC and BNY Accessedge
- Strong problem-solving and communication skills
Tools & skills
Benefits mentioned
Source and dates
Source type not verified · njoyn
- Employer posting date
- 2026-09-14
- First seen by our source
- 2026-10-17
- Source record updated
- 2026-11-02
These dates describe the source record, not a live verification that the employer is still hiring. Check the original posting.
Job details
| Seniority | Senior |
| Department | Finance & accounting |
| Experience | 5+ years |
| Hours per week | 40 (estimated) |
| Schedule | day |
| Travel | air: none · ground: none |
| Work setting | Office |
| Position | Mostly sitting |
| Physical demands | physical low · computer high |
| Languages | English |
| Education | Bachelor’s degree (required) |
| Perks mentioned | Generous paid time off, Retirement plan, Performance bonus |
Summary and details written by AI from the posting; the employer’s posting is the authority.
Groom & Associates
Saved company profile
Historical company information from a saved The Jobs API profile (LinkedIn/Crunchbase fields). It is not live-verified; figures may have changed. Missing values remain unknown.
Full company description
We've been providing staffing solutions that work for companies in all fields for over 20 years. What makes us so successful? Experience and our unique ability to accurately assess and then match the candidate's individual job skills with the ideal position. Our wide range of services means we can offer a broad selection of qualified candidates - whether you need permanent team players or temporary replacements. We provide long-term solutions for all your recruiting, evaluation and personnel selection. Depuis plus de 20 ans, nous offrons aux entreprises des solutions uniques adaptées à leur recrutement de personnel. La clé de notre succès réside dans notre habileté à combiner les qualités d’un candidat à celles exigées pour un mandat. Notre éventail de services nous permet de vous proposer une grande variété de candidats hautement qualifiés qui peuvent se joindre à votre équipe de façon permanente ou temporaire. Nous fournissons des solutions à long terme pour : le recrutement, l’évaluation et la sélection de votre personnel
- LinkedIn followers
- 90,996
- People associated on LinkedIn
- 40
- Reported office locations
- 360 Rue St-Jacques, G-100, Montreal, QC H2Y 1P6, CA
- 999 Canada Place, Suite 404, Vancouver, British Colombia V6C 3E2, CA
- 151 Yonge Street, 11th floor, Toronto, Ontario M5C 2W7, CA
- 5925 Airport road, Suite 200, MISSISSAUGA, Ontario 4V 1W1, CA
- 343 Preston Street, 11th floor, Ottawa, Ontario K1S 1N4, CA
- Other recorded names
- Groom & Associés / Associates
- Specialties
- IT recruitment
- Sales & Marketing Recruitment
- Finance & Accounting recruitment
- Administration & Operations recruitment
- Engineering recruitment
- Science & Pharmaceutical recruitment
- Temporary Recruitment
- and Executive search recruitment
- Profile identifies a recruitment agency
- Yes
We've been providing staffing solutions that work for companies in all fields for over 20 years. What makes us so successful? Experience and our unique ability to accurately assess and then match the candidate's individual job skills with the ideal position. Our wide range of services means we can offer a broad selection of qualified candidates - whether you need permanent team players or temporary replacements. We…
| Field | Value |
|---|---|
| Industry | Staffing and Recruiting |
| Company size | 11-50 employees |
| Headquarters | Montreal, QC |
| Organization type | Privately Held |
| Specialties | IT recruitmentSales & Marketing RecruitmentFinance & Accounting recruitmentAdministration & Operations recruitmentEngineering recruitmentScience & Pharmaceutical recruitmentTemporary Recruitmentand Executive search recruitment |
| Open jobs on Jobsy | 24 |
| View page |
Status: Permanent, Full time
Salary: Annual salary +10% bonus + 4 weeks of vacation + health benefits + RRSP matching
Location: Downtown Montreal, Quebec - Hybrid 3 days in office, 2 days work from home
TO APPLY: Please send your resume to [email protected]
Our client is an international banking and financial institution with divisions located in the Americas, Europe, Asia,and the Middle East. They are continuing to grow their first Canadian office.
The Settlements Officer is responsible for the day-to-day back-office support of trading activities executed by Securities, the NY branch, our affiliates and clients. This also includes settlement activities of all US TSY transactions as well as tri-party processing & funding, and DTCC activities for the self-clearing broker dealer.
Responsibilities:
- Thorough knowledge of DTCC functionalities, as we are a self-clearing broker dealer and direct DTCC members. Occasional manual deliveries and pledges, investigation, collateral movement to satisfy intraday deficits.
- Funding of the broker-dealer account- review of incoming and outgoing payments, DTCC & FED settlements to determine. Daily funding requirement with Treasury department.
- BNY FED wire & triparty- required knowledge of BNY BDC functionality for FED settlements & collateral movements.
- Need to be knowledgeable of BNY Accessedge for triparty movements, force maturities, allocations of triparty shells.
- Must be familiar with products within our scope, US corporate bonds, US equities, US FED eligible TSY & MBS, commercial paper, MMI instruments. (securities lending/borrowing activities, repo, outright cash trade)
- Processing of wire payments for collateral requirements, reprices, pair-offs, claims & coupon interest.
- Department balancing between clearinghouses (DTCC, BNY) and internal systems (FIS Phase3) ensures that books and records balance daily.
- Ability to communicate & articulate with other support teams (Finance, middle office, collateral management) along with front office trading and sales on production issues, along with projects and implementations.
Qualifications:
- Bachelor’s Degree in a relevant field
- 5+ years of experience in a back office settlements role, with a focus on Fixed Income products
- Knowledge of Securities processing; Payments; regulatory requirements
- Fixed Income products (Repo)
- Working knowledge of the following systems: BNY BDC platform, DTCC, BNY Accessedge, FIS/Phase3 system is a plus
- Self-starter, with excellent problem-solving skills and be able to work under pressure
- Strong written/oral communication skills
- Ability to communicate clearly and easily
- Ability to analyze and summarize
- Rigor and sense of organization
- Apprehension of results and priorities
- Relationship management/Commercial sense
We thank all those that apply however only those that meet all of the criteria will be contacted. For more information on our recruitment services please visit www.groomassocies.com
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