Trust Accounting & Settlement Technician (Student Position)

Temporary Full Time

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This is a student position that is 4 months in duration for the term(s): January - April. You must be a student registered in a Canadian College or University.

This position is for students returning to school after their work term or requiring a placement as requirements for graduation. While not required, preference will be given to students enrolled in a registered Co-op program.

Are you interested in learning how investment transactions are processed and settled within a leading financial services organization? As a Trust Accounting & Settlement Student, you'll gain valuable exposure to financial operations, wealth administration, and client account management while working alongside experienced professionals.

Reporting to the Associate Manager, IPC Wealth Trust & Settlement, you'll support a team responsible for the settlement of investment transactions and the reconciliation of client trust accounts. This role offers an opportunity to develop practical knowledge of the wealth management industry while building analytical, organizational, and problem-solving skills.

What You'll Do

• Support the daily processing and settlement of investment transactions, including mutual funds, GICs, ETFs, and segregated funds
• Assist with payment processing related to trade settlements
• Support the processing of redemption payments from nominee mutual fund plans
• Help investigate and resolve trade-related and payment-related issues
• Assist with the reconciliation of client trust accounts and daily banking activities
• Support the tracking and monitoring of unfunded purchases and dealer funding requirements
• Review transactional information for completeness and accuracy
• Prepare and distribute documentation to internal business partners and external fund companies
• Assist with maintaining records and ensuring transactions are processed within established service standards
• Learn and follow regulatory, compliance, and privacy requirements applicable to financial operations
• Collaborate with team members to support operational excellence and outstanding service delivery

What You'll Bring

• Currently enrolled in your second year or higher of a post-secondary degree or diploma program in Finance, Accounting, Commerce, Business Administration, Economics, or a related field
• Strong academic performance and interest in financial services or wealth management
• Strong analytical and problem-solving skills
• Excellent organizational skills and attention to detail
• Ability to manage multiple priorities and meet deadlines
• Strong written and verbal communication skills
• Proficiency with Microsoft Excel and other Microsoft Office applications
• Ability to work independently while contributing effectively within a team environment
• A positive attitude and willingness to learn

Nice to Have (Assets)

• Coursework in accounting, finance, investments, or economics
• Knowledge of investment products such as mutual funds, ETFs, GICs, or segregated funds
• Previous co-op, internship, customer service, administrative, or financial services experience
• Interest in operations, investment administration, or wealth management

Why Join Us

As a Trust Accounting & Settlement Student, you'll gain hands-on experience supporting the operational processes that help ensure investment transactions are completed accurately and efficiently. You'll work alongside experienced professionals, develop practical financial services knowledge, and build skills that can support future careers in finance, wealth management, operations, or accounting.

#StudentsNewGrads

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The base salary for this position is between $45,500 - $61,100 annually. This represents base salary only and does not represent other variable compensation components of our total compensation ( i.e. annual bonus, commission etc). If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you.

For our student opportunities, the base salary will be dependent on the number of work terms you have completed along with other factors depending on your program.

Career opportunities will be open a minimum of 5 business days from the date of posting, closing dates will vary depending on the search activity. All applications received will be reviewed on a rolling basis.

Grow with Canada Life

We’re united by a shared purpose: to improve the financial, physical and mental well-being of Canadians. Our company is trusted by 1 in 3 Canadians and contributes to the strength of communities across the country.

We’re looking for people who live our values everyday: we step up, we do the right thing, and we deliver – for our customers, communities and each other. Are you someone who always strives to do the right thing, who steps up for themselves and others, and who delivers with impact? Then we want to hear from you!

What we offer:

We’re committed to supporting our employees through every stage of their career. Here’s what you can expect as a full-time or part-time permanent team member:

• Career Development: Opportunities for career advancement, access to industry-leading learning programs and up to $2,000 annually towards education reimbursement.

• Health & Wellness: Flexible health and dental benefits, plus a $5,000 mental health benefit to support your well-being.

• Time Off: In addition to regular vacation and personal days, we support community involvement with a volunteer day. 

• Financial Security: Company-matching pension plan, share ownership program and additional investment options.

• Rewards and Recognition: Employee recognition programs, service milestone celebrations, employee discounts and more!
• Emphasis on Community: We provide a workplace where employees feel connected and supported through Employee Resource Groups (ERGs), mentorship programs, social clubs and events.

Learn more about Canada Life.

We’re committed to removing barriers and ensuring equal access to employment. Applicants requiring reasonable accommodation during the application process may contact talentacquisitioncanada@canadalife.com. All information provided will be handled in accordance with applicable laws and Canada Life policies.

Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted.