Transfer Agent, Settlements

INTERNATIONAL FINANCIAL DATA SERVICES (IFDS)

A People Company

IFDS’ best asset is its people. We have a great pool of talent surrounded by experienced senior teams and we care about our people. At IFDS, we continuously invest in our people by offering training, mobility opportunity, mentoring, and we support and nurture them in their career development. Our culture is underpinned by the principles of PACE+L (Professional, Accountable, Client-Focus, Excellence and Leadership) which promote and drive a strong professional behaviour in developing our people and servicing our clients. Our people are our DNA.

A Trusted Financial Services Provider

IFDS Transfer Agency service solutions are used globally, with operation centres across Canada, Europe, and Asia-Pacific. As a subsidiary of State Street Corporation and SS&C Technology Inc, we are backed by multi-billion dollar global enterprises with more than 40 years of experience in financial and technology Industry. Our core technology and the associated Transfer Agency services are adapted to both global and local demand.

Transfer Agent, Settlements & Reconciliation, Senior Associate

Permanent Contract

Your Role

We are looking for a Transfer Agent, Settlements & Reconciliation, Senior Associate, to join our Settlements & Reconciliation team. You will be responsible for supervision and operations management. The Settlement & Recon Group is a critical link between the Transfer Agency [TA] Operation and the Fund Administration. The S&R Manager manages Accounts and Control group and the process necessary in fulfilling that critical role.

Your Team

The S&R Manager is under the direct supervision of the Officer responsible for the management of the Accounts and Control Department within Centralized Services.

Your Responsibilities
- Monitor actions in the course of new fund launch, conversion, system changes - e.g. review documentation, co-ordinate risk and legal issues resolution, ensure sign-off on contracts before launch, monitor associated set-up/testing requirements for S&R;
- Control expenses; minimize risk of loss;
- Ensure adherence to existing procedures and controls. Keep current on procedural/ system changes and ensure incorporation into group procedures;
- Suggest system enhancements and changes in existing workflows in order to increase the efficiency and improve the output of the Transfer Agency Team as well as the S&R Area;
- Address any cross departmental issues and improve existing workflows;
- Respond to queries from different corresponding banks, ensure the follow up and resolution;
- Assist auditors in their Year-end or semi - annual audit by providing necessary reports or information;
- Establish contingency plan if the system fails;
- Maintain target staffing/resource allocation / ensure adequate training&development;
- Provides support, oversight and follow up on outsourced services.

Your Profile
- Degree in Finance or Business Administration / Economics or equivalent
- 3/4 years’ relevant working experience in Transfer Agency or Financial Services
- Extensive operation management experience (min. 1 year)
- Good knowledge about Fund Industry and Financial Market in general
- Background in Settlement & Reconciliation, with acumen in Payment SWIFT, Currency cutoff, cash reconciliation and AML
- Quality check and project management
- Advanced computer skills (MS Office: Excel, Word, PowerPoint, Access and Outlook )
- Very good organizational skills in order to meet deadlines
- Ability to work under pressure while maintaining high accuracy and quality standards, analytical and process thinking skills
- Provide leadership and direction; conduct performance appraisals and hiring
- Excellent communication skills with Clients, Fund Administration, colleagues and Managers in Shareholder Services
- Fluent in English (written & oral)
- Other European Languages (German / French / Italian) considered advantageous