Position Overview
The Credit Officer works with a small tight knit team of other Credit professionals to monitor, review, and approve daily retail credit requests and transactions submitted by the Advisor Teams, ensuring compliance with Regulatory requirements and Firm policies, and while avoiding unreasonable risk that may result in financial losses.
This is an existing vacancy.
Duties and Responsibilities
The Credit Officer reviews, approves, and/or administers:
• Cheque/EFT withdrawals and Wire transfers, including on margin (within approved limits)
• Third party payments
• Security withdrawals
• Capital calls
• Delivery or Receive Against Payment (DAP / RAP) transactions
• Stock options or warrants exercise
• Charitable donations
• Journal entries (i.e. moving cash and/or securities between accounts)
• Write offs
• Interest adjustments
• Daily delinquent cash account reporting and supervision
• Daily short reporting and supervision
Qualifications
• A good understanding of the Securities Industry (relevant job experience or completion of the Canadian Securities Course will be considered
• High proficiency in Microsoft Office, including Outlook, Excel, and Word
• Experience with Dataphile is desired
• Strong verbal and written communication skills
• Strong problem solving and analytical ability
• Excellent time management and prioritization skills
Education
• Post-secondary degree/diploma or relevant job experience
The expected annualized base salary range for this role is $60,000 - $65,000. This a contract opportunity. The actual salary offered will take into consideration a wide array of factors including, but not limited to, the individual’s skill, experience, education and training, and the consideration of internal equity.
If so, we’re ready to invest in you.
Skills Required
- Good understanding of the securities industry through relevant job experience or completion of the Canadian Securities Course
- High proficiency in Microsoft Office, including Outlook, Excel, and Word
- Strong verbal and written communication skills
- Strong problem-solving and analytical ability
- Excellent time management and prioritization skills
- Post-secondary degree or diploma, or relevant job experience
- Experience with Dataphile
What We Do
Richardson Wealth is a Canadian independent wealth-management firm serving high-net-worth individuals and families through advisory teams across the country. It provides personalized financial planning and investment management, along with estate and legacy planning, retirement strategies, tax planning, insurance solutions, portfolio management and wealth-transfer guidance. The firm emphasizes boutique, client-focused advice, helping clients grow, protect and transition their wealth over time.
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