About the role#
As a Trust Accounting & Settlement Student, you will gain exposure to financial operations, wealth administration, and client account management. You will work alongside experienced professionals to support the settlement of investment transactions and the reconciliation of client trust accounts. This four-month position provides an opportunity to develop practical knowledge of the wealth management industry while building analytical 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 and 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.
- Maintain records and ensure transactions are processed within established service standards.
- Learn and follow regulatory, compliance, and privacy requirements.
- Collaborate with team members to support operational excellence.
What you'll need#
- 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.
- Strong analytical, problem-solving, and organizational skills.
- Attention to detail and the ability to manage multiple priorities to 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.
- Positive attitude and willingness to learn.
- Coursework in accounting, finance, investments, or economics is preferred.
- Knowledge of investment products such as mutual funds, ETFs, GICs, or segregated funds is preferred.
- Previous co-op, internship, customer service, administrative, or financial services experience is preferred.
Location & details#
- Location: London, ON, Canada.
- Term: Winter 2027 (January to April).
- Work Modality: Hybrid.
- Employment Type: Full-time, paid student position.
About Canada Life
Canada Life provides insurance and wealth management services to Canadians. The company focuses on financial, physical, and mental well-being through policy management and investment savings programs. Founded in 1847, the firm maintains headquarters in Toronto. It operates as a subsidiary of Great-West Lifeco Inc. and employs over 13,000 people.
How to get in at Canada Life
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