Dividends Clerk - Toronto



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Branch Information

Toronto, ON - Regional - (CAN) 305 Milner Avenue Suite 903 ON Toronto , ON M2J 5C2 Phone : 416-510-1211



Job Description

Looking for a Dividends Clerk for a 3 month assignment in Downtown Toronto!

Start Date: Oct 5- Dec 4

Work Location: Downtown Toronto

Job Title: Dividends Clerk

Pay Rate: $21/hour

Job Description : Dividends Clerk - Proficient

Position Purpose:

* To process and reconcile Dividend and Interest payments. This entails the accurate and timely processing of all clients' Entitlements, the control and collections of Income proceeds from Depositories and Issuers, and reconciliation of suspense account activities.

* Deliver service commitments to the clients' satisfaction by ensuring that all work functions are completed accurately and on a timely basis

Key Accountabilities:

*Ensure errors and omissions are maintained at an absolute minimum, or where occurring are not repetitive in nature as part of managing key risk indicators.

*Adherence to all procedures and control functions, including reconciliations, as appropriate, to minimize financial loss to Investor Services and its clients.

* Ensure SLA's are adhered to, without exception.

* Ensures that all Income events are researched and processed on an accurately and timely basis.

* Ensures all payments received from depositories, wire or cheque has been processed by end of day.

* Closely reviews and investigates Income suspense accounts to ensure that each outstanding item is identified and cleared promptly.

* Works with the other members of the department to ensure that service issues relating to Income Collections are addressed.

* Complete reconciliations of record date positions that appear in the exception log - incorrect payments will be measured against reversals that are our own departments fault each month

* Responsible to build and maintain external relationships, were applicable.

* Ensure prompt escalation of any issues that may cause financial or reputational issues to Investor & Treasury Services or its clients.

* Checklists are completed daily with full and relevant details on issues, and submitted to the supervisor daily

*Ensure completion of personal Performance appraisals and career development plans.

* Liaison with external parties when required to facilitate timely and accurate payments

* Completion of the Income processing and client queries/enquiries within the prescribed time frames

Knowledge & Experience:

- Post Secondary Education

- Industry related courses Canadian Securities Course (CSC)

- Working knowledge of custody systems an asset

If you are ready to apply, simply click 'apply'.