Trade Settlements Analyst

Trade Settlements Analyst

Location: Toronto, Ontario

Contract Duration: 12. Months – potential for extension

Work Arrangement: Hybrid – 1–2 days per week in office

Position Overview

We are seeking a detail-oriented and analytical Reconciliation Analyst to join the Canadian Equity Settlement team in Toronto on a 1–2 year contract.

The successful candidate will be responsible for supporting daily reconciliation activities, with a primary focus on Broadridge BPS (ADP) reconciliations. This individual will play an important role in ensuring the accuracy and completeness of settlement-related records, identifying discrepancies, investigating outstanding breaks, and working with internal teams to facilitate timely resolution.

The ideal candidate will have hands-on experience working within Broadridge BPS (ADP), a solid understanding of financial operations and reconciliation processes, and strong Excel capabilities. Previous experience in equity settlements or securities operations would be beneficial.

Key Responsibilities

• Perform daily reconciliations utilizing Broadridge BPS (ADP), ensuring accuracy and completeness of settlement-related transactions and records.
• Review, investigate, and resolve reconciliation breaks, discrepancies, and exceptions in a timely manner.
• Identify the root cause of outstanding reconciliation items and determine appropriate next steps for resolution.
• Monitor outstanding breaks and aged items, ensuring appropriate follow-up, escalation, and documentation.
• Compare and validate transaction data across internal systems and external records to identify inconsistencies.
• Support daily Canadian equity settlement activities, ensuring operational accuracy and adherence to established procedures and timelines.
• Utilize Microsoft Excel to analyze large data sets, perform reconciliations, track outstanding items, and prepare supporting reports.
• Collaborate with internal operations teams and relevant stakeholders to investigate and resolve settlement and reconciliation issues.
• Maintain accurate records of reconciliation activity, outstanding exceptions, and resolution efforts.
• Identify recurring discrepancies and potential process inefficiencies, escalating trends and recommending improvements where appropriate.
• Ensure reconciliation activities are completed in accordance with established operational controls and deadlines.

Required Qualifications & Experience

• 2–5 years of experience within financial services, securities operations, banking, or financial markets.
• Direct, hands-on experience with Broadridge BPS (ADP) is a mandatory requirement.
• Practical experience performing reconciliations, investigating breaks, and resolving discrepancies.
• Strong working knowledge of reconciliation processes, transaction matching, exception management, and issue resolution.
• Advanced or strong intermediate Microsoft Excel skills, including the ability to work with large data sets, formulas, lookups, filtering, and data analysis.
• Strong analytical and problem-solving capabilities with the ability to investigate issues independently.
• High attention to detail and a commitment to accuracy in a deadline-driven operational environment.
• Strong organizational and time-management skills, with the ability to manage multiple priorities.
• Effective written and verbal communication skills and the ability to work collaboratively across operational teams.

Preferred Qualifications

• Previous experience within Canadian equity settlements or securities settlement operations.
• Familiarity with Canadian equity markets and the trade lifecycle.
• Understanding of settlement processes, transaction flows, and related operational controls.
• Experience working within a bank, broker-dealer, custodian, or other financial institution.
• Exposure to resolving settlement-related exceptions and working with internal and external counterparties.
• Experience supporting operational reconciliations within a high-volume financial services environment.