Trust Accounting & Settlement
The Great-West Life Assurance Company
London, ON
Our Story

We are proud to announce that Canada Life will become our company brand under which our three companies service – Great West Life, London Life, and Canada Life.

Together, Great-West Life, London Life and Canada Life have been in the business of keeping promises for over a century. The new Canada Life brand combines the strengths of all three – so we can better deliver on our purpose: To improve the financial, physical and mental well-being of Canadians.

Role Description

The Trust Accounting & Settlement Technician role, within the Quadrus Trust & Settlement team, 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. The Trust Accounting & Settlement Technician requires a background in Finance/Accounting and knowledge of the Mutual Fund industry is an asset. The incumbent must be able to work well independently with limited direction, as well as in a close-knit team environment. This position is for a 3 month contract to assist with increased volumes during the busy RRSP season.

You will be accountable for:
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
Handling returned / rejected payments in a timely manner
Corresponding with internal departments 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 MFDA, compliance and privacy guidelines are followed at all times
Meeting established service standards and providing superior customer service

Required Competencies and Behaviors:
Post secondary education, preferably with a background in Finance or Accounting
Understanding of the Mutual Fund and Segregated Fund Industries
Familiarity with MFDA rules and regulations is an asset
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

Discover your opportunity….Apply today!

Great-West Life offers competitive compensation, great benefits such as medical, dental, life insurance, wellness account and personal days not to mention onsite cafeteria and fitness in our head office facilities. If you’d like to join our team submit your information online and introduce yourself.

Together Great-West Life, London Life and Canada Life serve the financial security needs of more than 13 million people across Canada, with additional operations in Europe and the United States. As members of the Power Financial Corporation group of companies, we’re one of Canada’s leading insurers with interests in life insurance, health insurance, investment and retirement savings. We offer a broad portfolio of financial and benefit plan solutions for individuals, families, businesses and organizations.

We are committed to providing an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employee has the opportunity to reach their potential.

Great-West Lifeco would like to thank all applicants, however only those who qualify for an interview will be contacted.