Settlement Administrator

ATB Financial - Calgary, AB (30+ days ago)

Apply Now

Helping Albertans achieve their dreams by turning the complex world of banking into brilliantly simple solutions. That’s ATB. Is that you?

You’re fun, you’re friendly, and you’re known for your ability to connect with your customers and create amazing experiences. Your ability to astonish and gratify our customers with your can-do attitude will not only get you noticed, but will be rewarded and encouraged by a team of like-minded service gurus. You thrive in a technology culture and understand the importance of embracing change.

Who are we?

Listening to Albertans. Going deeper to understand who they are and where they’re going. Translating the complex world of banking and investing into brilliantly simple solutions. Creating happiness and doing things other banks wouldn’t do. That’s ATB Wealth.

ATB Wealth is the wealth management division of ATB Financial. Our team of advisors have a passion for listening to the needs of their clients; a desire to develop trusting relationships through smart, simple and helpful investment advice; and a commitment to helping Albertans live the life they want to live. We believe in creating a feedback-oriented environment that is dedicated to personal and professional development while providing learning and growth opportunities.

Who you are:
Organized. Team player. Connector. You are a strong administrator with amazing time management and administration skills. Not only do you deliver amazing client experiences to everyone you meet, but you also work proactively to ensure your internal clients are taken care of. You enjoy building strong relationships with those around you, and expanding your internal work within the organization. You are comfortable in a rapidly-changing environment that fosters collaboration, learning and innovation. You understand the importance that technology plays in the workplace today and you are eager to leverage those skills to get the job done. You are ambitious and eager to excel your skills and knowledge, as well as your career.

Settlements Administrator
As a Settlements Administrator, you will be responsible for the accurate reviewing, balancing and reconciliation of daily settlements, deposits, withdrawals, payables/receivable, suspense accounts and investigations. You will also be looking after the pre-authorized contributions (PAC) and timely remittance/completion of daily processing as it is imperative to avoid risk of Mutual Fund unit fluctuation which may cause unnecessary losses for ATB.

You will find success based on your ability to:
Banking – experience in using SAP for processing deposit and withdrawals
Process PAC, EFT, and SWP
Reconciliation of all Suspense, General Ledger
Reconciliation of all Deposit and Withdrawal accounts
Reconciliation of Clearing Accounts
Settle daily remittance of all trades manual and book based
Ensure daily balancing of accounts is maintained on FundServ and IFDS
Process and balancing of Trailer Fees and commissions
Compensation/Reporting of in-house accounts within the department
Process fees as required
Fee reporting (banking)
Handle all investigations, corrections and errors in a concrete manner, ensuring all pertinent information is copied and attached to the file. Identify any problems to the originator
Uses time effectively – works on high priority actions and items first. Ability to work within limited time frames
Uses judgment and acts within recognized decision- making limits when dealing with unusual situations
Under the direction of the Team Leader, prepares & updates various tracking of data and/or documentation
Accepts any duties as assigned by the Team Leader including but not limited to Banking & Reconciliation
Job Requirements

As the ideal candidate you possess:
Must have a strong knowledge of investment industry policies
Minimum 2 years experience within a Securities Environment
Must have a high level of customer service, attention to detail and accuracy
Must have strong administrative, organizational & planning skills as well as technical ability/PC skills
Must have strong collaboration and communication skills, both verbal & written
So what can ATB Financial offer you? Imagine paying less for your everyday banking, mortgages, loans and investments. Throw in an excellent benefits and pension package, opportunities for career advancement, and a financial institution that’s leading the way in change – now you’re talking about a career with a company that allows you to grow.

ATB has been named one of Canada’s 50 Best Employers by Report on Business Magazine, one of the 50 Best Workplaces in Canada by the Great Place to Work Institute, and one of Canada’s Top 100 Employers, Top Employers for Young People and Alberta’s Top 50 Employers by Mediacorp Canada Inc. As well, Alberta Venture magazine named ATB Financial Alberta’s Most Respected Corporation in the area of corporate social responsibility.


Online applications are preferred. ATB Financial is an equal opportunity employer. We thank all applicants for their interest; however, due to the high number of resumes we receive, only short-listed candidates will be contacted.

Advancement. Fun. Rewards… We get it.