Banking Jobs

Division: IGM Client Services Operations 

Location: Toronto

IGM Financial Inc. is one of Canada’s leading diversified wealth and asset management companies with approximately $271 billion in total assets under managements.  The company provides a broad range of financial planning and investment management services to help more than two million Canadians meet their financial goals.  Its activities are carried out principally through IG Wealth Management and Mackenzie Investments. 

Under IGM Financial’s unique business model based on leading brands and multi-channel distribution strategy, we’re IG Wealth Management. For over 90 years of business, we have grown to become one of the largest most respected companies in Canada. We are a leader in providing the best advice, experience and outcomes for our clients, personalized throughout their lifetime.

At IG Wealth Management, our vision is to inspire financial confidence.

This is your opportunity to build a career with a leading organization where you can learn, grow and thrive both professionally and personally. We are proud to be recognized as one of Canada’s Top Employers by Mediacorp Canada Inc. for empowering our employees with the tools to thrive while working remotely, while also providing resources to ensure physical and mental wellness were put front and center.

You will join a team that believes our success starts with the success of our clients, while working together as a team to realize our greatest potential.  You will join a team that strives towards excellence while developing and sharing skills and knowledge. You can make a difference for our clients, the world around us and be part of a team that cares. We are dedicated to offering a hybrid work environment when applicable.

IG Wealth Management is a diverse workplace committed to doing business inclusively – this starts with having a representative workforce! We encourage applications from all qualified candidates that represent the diversity present across Canada – including racialized persons, women, Indigenous persons, persons with disabilities, 2SLGBTQIA+ community, gender diverse and neurodiverse individuals, as well as all who may contribute to the further diversification of ideas.

 
DEPARTMENT SUMMARY: The Entitlements Team is responsible for the efficient and timely processing of income transactions to clients’ accounts. Specific functions of the team include:  Processing of stock & cash distributions, Dividend Reinvestments (DRIP), GIC’s, and Bond Interest & Maturities. The department supports other lines of business including the Trade Desk and Consultants for positions held under both the IGSI and IGFS dealer platforms.

POSITION SUMMARY:  The Entitlements Coordinator will be responsible for daily processing of key business transactions related to various Entitlement events considering tax implications, and trading activity.  The Coordinator will reconcile payments utilizing automated reports and conduct research to resolve any discrepancies.  The position requires an ability to perform in a time sensitive environment and deal with fluctuating work volumes with attention to detail.

DUTIES INCLUDE:

Payment processing:

Timely and accurate processing of cash and stock distributions for equities   

DRIP processing including calculation of total client elections

GIC Maturities and Interest

Fixed Income Maturities and Interest

Generation of reports for balancing and reconciliation purposes

Ensuring accurate tax treatment

Escalation of issues to Manager of Corp. Actions & Entitlements as required

Daily Reconciliation of cash and share positions in general ledger and control accounts. Ensure breaks are cleared in accordance with documented timelines in policies and procedures

Understanding of downstream internal/external client service chain impacts

Provide support to Trade Desk and Consultants by responding to inquiries through email or telephone
 

QUALIFICATIONS:

Strong analytical & problem solving skills, with a minimum of 2 years processing experience in the financial services industry

Ability to manage tight deadlines, changing priorities and work volumes

Excellent written and verbal communication skills

Ability to work independently and in a team setting

Strong organizational skills with attention to detail

Knowledge and proficiency in Microsoft Office, Excel, Word, and Outlook

Excellent client service skills and ability to work effectively with other team members

Please visit our career page by clicking on the following link: https://www.ig.ca/en/careers

We thank all applicants for their interest in IG Wealth Management; however only those candidates selected for an interview will be contacted.

IG Wealth Management is an accessible employer committed to providing a barrier free recruitment experience. If you require an accommodation or this information in an alternate format at any stage of the recruitment process, please reach out to the Talent Acquisition team who will work with you to meet your needs.

Please apply by January 23, 2024.  

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