Corporate Trust Officer

May 10 2019
Categories Accounting, Finance, Legal, Paralegal, Bank - Insurance - Financial services, Forensics - Fraud, Banking - Finance - Securities
Calgary, AB
The Corporate Trust Officer acts as an escalation point, contributes to the drafting of policies and procedures as well as having responsibility for reviewing, managing and administering a portfolio of major client accounts and negotiating new mandates of a complex nature. The Corporate Trust Officer will also participate in business development activities.

  • Negotiate the terms of a variety of trust and agency agreements of varying complexity under which TSX Trust will assume both contractual and fiduciary obligations. Assess the degree of responsibility and associated risk and viability of the transaction from an operational perspective to TSX Trust and to present and make recommendations on acceptability of new business and fees to be charged.
  • Lead the training of and provide guidance to new and less experienced corporate trust officers.
  • Act as an escalation point for questions and issue resolution of corporate trust officers. Prepare annual performance reviews and assist direct reports in establishing and achieving corporate and personal goals.
  • Assist on department and strategic projects, as assigned, taking responsibility to lead and manage such projects.
  • Represent TSX Trust in managing a portfolio of accounts, including dealing with legal counsel and/or senior officers of client companies on a variety of matters, including defaults.
  • Analyze and interpret agreements, negotiate on essential terms with the client and their counsel, set up internal processes and operational matters for client files and provide administrative direction to administrators and/or related departments. Ensure/monitor compliance with all portfolio agreements by TSX Trust and clients.
  • Prepare and execute correspondence to clients, their legal counsel or investors. Determine fees, coordinate with the Assistant Trust Officers to bill and report all fees for special and ancillary services. Liaise with the Assistant Trust Officers in monitoring and controlling account receivables.
  • The Corporate Trust Officer is expected to work fairly independently in managing his/her day to day activities and workload and to escalate matters with appropriate analysis and recommendations to VP, Corporate Trust on a) issues not covered under existing policies and procedures b) questions of interpretation of agreements c) contentious issues and d) where we are being asked to exercise discretion.
  • The Corporate Trust Officer is responsible for the highly and most complex trust cases requiring significant depth and breadth of knowledge. She/he will be expected to solve unique issues outside of routine, requiring creative problem solving and incremental risk exposure.
  • The Corporate Trust Officer is responsible for working with the VP, Corporate Trust to grow Corporate Trust business in western Canada. She/he will be expected to develop and maintain strong working relationships within the legal community.
  • Role may develop into opportunity to supervise and lead a team of junior corporate trust officers.

Must haves:

  • Postsecondary education in a relevant field of study
  • 5-7 years’ experience in corporate trust and/or corporate actions
  • Experience working with the legal community in Calgary and Vancouver
  • Excellent verbal and written communication skills
  • Ability to make independent decisions
  • Strong analytical and communication skills with sound judgement
  • Experience developing desk operating procedures for routine functions and departmental policies and procedures

Nice to haves:

  • Canadian Securities Course
  • Management experience leading small teams
  • Law degree is preferred but not required.

TMX is committed to creating and sustaining a collegial work environment in which all individuals are treated with dignity and respect and one which reflects the diversity of the community in which we operate. We provide accommodations for applicants and employees who require it.

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