Description

WHAT YOU WILL DO

Operational Reconciliation of cash and positions:

• Prepare and reconcile cash and asset accounts daily, including transactions and positions across book of records, banks, depositories (CDS/DTC), and various other third party counterparties (i.e Digit)
• Investigate and resolve discrepancies promptly to minimize risk and ensure operational accuracy.
• Monitor and manage outstanding breaks, escalating issues when necessary.
• Monitoring trends and working with internal and external stakeholders to address the underlying root causes.

Control Framework Management:

• Assist in maintaining a sound control framework to support the reconciliation process and mitigate risk.
• Assist in regularly reviewing processes to identify and implement enhancements to improve efficiency and reduce errors.

Support the Manager of Reconciliation with the implementation of the New Reconciliation Platform:

• Support the implementation of DUCO our new reconciliation platform including defining requirements, testing, and rollout and training.
• Assist in the implementation of a new Target Operating Model (TOM), ensuring clear accountability, defined roles, and responsibilities across the reconciliation process.
• Aid in the collaboration with internal and external stakeholders to ensure seamless integration with existing systems and processes.

Reporting & Metrics:

• Help prepare regular reconciliation metrics and status updates to senior management.
• Track and report key performance indicators (KPIs) to monitor performance and process efficiency.

WHAT YOU WILL BRING:

• Bachelor's degree in Finance, Accounting, or a related field; professional certifications (e.g., CPA, CFA) are an asset.
• Advanced excel skills and proficient VBA skills or Regex
• 5+ years of experience in reconciliations, financial operations, or a similar function within financial services.
• Strong understanding of reconciliation processes (cash and asset – exchange traded, Mutual Funds), and operational controls.
• Experience working with depository systems such as CDS/DTC or systems Digit and DUCO would be an asset.
• Experience with implementing or upgrading reconciliation platforms and systems is a strong asset.
• Excellent problem-solving and analytical skills, with attention to detail.
• Strong interpersonal and communication skills, with the ability to collaborate effectively with stakeholders at all levels.
• Canadian Securities Course, IFIC, PFP and other industry courses would be an asset.
• Problem-solving and critical thinking
• Adaptability to change and technology-driven environments.
• Strong organizational and prioritization skills