At a Glance
- Tasks: Join our Trust and Settlement team to manage client trust accounts and trade settlements.
- Company: Canada Life, a trusted leader in financial services across Canada.
- Benefits: Competitive salary, health benefits, career development, and community involvement opportunities.
- Other info: Dynamic role with potential for career advancement and a focus on employee well-being.
- Why this job: Make a real impact in finance while growing your skills in a supportive environment.
- Qualifications: Post-secondary education in Finance/Accounting and understanding of Mutual Fund industry.
The predicted salary is between 45600 - 61600 £ per year.
Temporary Full Time - Reporting to the Associate Manager, Quadrus Trust & Settlement, the Trust Accounting & Settlement Technician operates in a fast-paced environment with ties to both Financial Operations and Wealth Operations. The Trust and Settlement team is responsible for the reconciliation of individual client trust accounts and the settlement of all client trades.
As a member of the Trust and Settlement Team, the Trust Accounting & Settlement Technician role requires knowledge of the Mutual Fund industry, an understanding of Quadrus Policies and Procedures and a background in Finance/Accounting. The incumbent must be able to work well independently with limited direction, as well as in a close-knit team environment. This is a temporary contract role anticipated to run until May 2027.
What You’ll Do
- Processing daily settlement of Mutual Fund and/or Segregated fund trades
- Processing payment for trade settlement
- Processing redemption payments from Nominee Mutual Fund plans
- Issuing system cheques via Prolific and through Funderve (A$M)
- Handling returned/rejected payments in a timely manner
- Corresponding with Quadrus Admin / Individual Investment Services Admin / Client Cash Management for investigation and resolution of trade related issues
- Reconcile daily bank deposit of client funded purchases
- Ensure accurate tracking of unfunded purchases and associated dealer required funding
- Acting as support for other Settlement Technicians as required
- Ensuring that regulatory requirements (CIRO), compliance and privacy guidelines are followed at all times
- Reviewing Nominee Redemption backup
- Faxing/emailing documentation to the fund companies
- Processing settlement of GIC funded trades and issuing EFT to the issuers
- Meeting established service standards and providing superior customer service
- Investigating and issuing A$M payables through Fundserv
What You Bring
- Understanding of the Mutual Fund and Segregated Fund Industries
- Post-secondary education, preferably with a background in Finance or Accounting
- Familiarity with CIRO rules and regulations
- Preference will be given to candidates with working knowledge of Quadrus’ business processes
- Excellent time management skills with proven ability to successfully meet multiple daily deadlines
- Strong organizational skills and keen attention to detail
- Excellent oral and written communication skills
- Ability to recognize when to escalate issues
- Professional and approachable with an emphasis on collaborative working relationships
The base salary for this position is between $45,600 - $61,600 annually. This represents base salary only and does not represent other variable compensation components of our total compensation (i.e. annual bonus, commission etc). If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you.
We’re united by a shared purpose: to improve the financial, physical and mental well-being of Canadians. Our company is trusted by 1 in 3 Canadians and contributes to the strength of communities across the country. We’re looking for people who live our values every day: we step up, we do the right thing, and we deliver – for our customers, communities and each other.
What we offer:
- Career Development: Opportunities for career advancement, access to industry-leading learning programs and up to $2,000 annually towards education reimbursement.
- Health & Wellness: Flexible health and dental benefits, plus a $5,000 mental health benefit to support your well-being.
- Time Off: In addition to regular vacation and personal days, we support community involvement with a volunteer day.
- Financial Security: Company-matching pension plan, share ownership program and additional investment options.
- Rewards and Recognition: Employee recognition programs, service milestone celebrations, employee discounts and more!
- Emphasis on Community: We provide a workplace where employees feel connected and supported through Employee Resource Groups (ERGs), mentorship programs, social clubs and events.
We’re committed to removing barriers and ensuring equal access to employment. Applicants requiring reasonable accommodation during the application process may contact talentacquisitioncanada@canadalife.com. All information provided will be handled in accordance with applicable laws and Canada Life policies. Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted.
StudySmarter Expert Advice🤫
We think this is how you could land Trust Accounting & Settlement Technician (9 Month Contract) in London
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like Canada Life.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like Canada Life might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace Trust Accounting & Settlement Technician (9 Month Contract) in London
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Canada Life will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Canada Life. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Canada Life confidence in your short-term commitment to the role.
How to prepare for a job interview at Canada Life
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Canada Life.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Canada Life that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
