Analyst, Cash Administration and Reconciliation

TAL Life LTD; Montreal; Hybrid; CAD 55,000 - 75,000; Full time

Job summary

A leading company is seeking an Analyst for Cash Administration and Reconciliation. The role involves supporting portfolio management through cash balance calculations, transactions reconciliation, and effective communication with internal and external partners. Applicants should have relevant experience and a degree in finance-related fields, as well as a strong attention to detail and analytical skills.

Benefits

Competitive compensation and benefits packages

Programs designed to support employee wellbeing

Qualifications

• 1-2 years of relevant work experience in portfolio administration and reconciliation.
• Completion or pursuit of professional certifications like CFA or FRM is an asset.
• Bilingualism (English and French) is required for positions based in Montreal.

Responsibilities

• Calculate and communicate daily investable cash balances to portfolio managers.
• Reconcile cash, transactions, and holdings with custodians.
• Prepare reconciliation reports as needed.

Skills

Analytical thinking

Attention to detail

Communication

Education

Bachelor's degree in Accounting, Finance, Economics

Job description

Analyst, Cash Administration and Reconciliation page is loaded

Analyst, Cash Administration and Reconciliation

Apply locations Montreal time type Full time posted on Posted Yesterday job requisition id JR-10665

At Fiera Capital

We invest in creating a culture of purpose that makes our people feel valued, cared for, seen, and heard. Our approach to employee experience is tailored to your needs and ambitions:

• Your Inclusive Experience: We are committed to cultivating an inclusive, safe, and trusting work environment.
• Your Growth & Empowerment: We have ambitious growth goals for our firm, which makes us a great place to advance your career.
• Your Rewards & Recognition: We deeply value our people and their contributions and that’s reflected in our competitive compensation and benefits packages and our collaborative culture.
• Your Wellness Your Way: We strive to create a healthy work environment and we offer programs designed to support our employees’ wellbeing.

What we are looking for:

Under the supervision of the Supervisor of Cash Administration and Reconciliation, Portfolio Administration, the candidate will provide efficient support to the servicing team, traders, and portfolio managers. The candidate will update various systems used by the Cash Administration and Reconciliation team and will consistently manage relationships with internal and external partners to resolve reconciliation and cash management issues in a timely and effective manner.

Your responsibilities:

• Calculate and communicate daily investable cash balances to portfolio managers

• Reconcile cash, transactions, and bi-monthly holdings with custodians and other counterparties

• Collaborate with external counterparties and internal teams to investigate and resolve discrepancies

• Ensure transactions are entered into the portfolio accounting system accurately and on time

• Maintain accuracy and quality of information in relevant systems

• Prepare IBOR vs. Custodian reconciliation reports and other reconciliation reports as needed

• Provide exceptional service when interacting with internal and external contacts

• Support internal and external auditors as required

Must have requirements to be successful in this role:

• Minimum 1-2 years of relevant work experience in portfolio administration and reconciliation, or other applicable investment operations functions

• Bachelor's degree in Accounting, Finance, Economics, or other relevant fields is required

• Completion or pursuit of professional certifications, such as the Canadian Securities Course, CFA, FRM or other designations, is an asset

What are the skills and experiences that you bring to succeed in this role:

• Understanding of how investment managers operate and interact with administrators, brokers, and custodians is essential

• Working knowledge of equities, bonds, money market securities, and cash management principles

• Demonstrated analytical thinking and experience resolving trading and reconciliation issues

• A spirit of continuous process improvement, strong attention to detail, and an intuitive, anticipatory mindset

• Effective verbal and written communication skills, with a positive team attitude and the ability to meet challenges under pressure

• Bilingualism (English and French) is required for positions based in Montreal

#LI-Hybrid

For all positions in Quebec (Montreal and Laval), proficiency in French, both spoken and written, is mandatory. Working English proficiency is also required in order to serve our offices and clients around the world.

Fiera Capital subscribes to the principle of employment equity. Our staff is our most valuable asset, and our goal is to create an inclusive and equitable environment where everyone can achieve their true potential.

We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, colour, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, or on the basis of disability, genetic information or any other federal, state, or local protected class. Fiera Capital will not tolerate any form of discrimination or harassment.

All staffing decisions, including hiring and promotion decisions, will be based on merit, skills, performance, and business needs. We are pleased to receive applications from qualified individuals from a variety of backgrounds. Job applicants who are individually selected for an interview will be notified that accommodations are available upon request. If a selected participant requests accommodation, Fiera Capital shall consult with the applicant and provide, or arrange for the provision of, suitable accommodation in a manner that considers the applicant’s accessibility needs due to disability.

Please stay vigilant and never share personal or confidential information during this hiring process, unless it is through Mintz Global Screening, the secure platform we use to exchange such information. If in doubt, or if you think you have been a victim of fraudulent manoeuvres during your hiring process, please contact us.

Please note that job titles indicated in job postings may differ from internal job titles. Accordingly, offers of employment may not reflect job titles indicated in job postings.

We thank all applicants for their interest in a career with Fiera Capital. We will only contact those selected for an interview.