BA/ Operations Analyst – Wealth Management

FP Inc.; Toronto; On-site; CAD 69,000 - 85,000; Full time

Job summary

FP Inc. in Downtown Toronto is seeking a BA/Operations Analyst for Wealth Management to ensure quarterly client statements are produced on time and meet strict quality standards.

The role involves data reviews in Mpower, reconciliation of statements, and collaboration with Portfolio Managers to ensure timely testing and reporting. The position is a 6-month contract onsite at two offices in downtown Toronto.

Qualifications

• 5+ years of experience as a BA or Operations Analyst within FI.
• In-depth understanding of the Canadian Investment Industry with exposure to U.S. and global markets.
• 3+ years of UAT testing and regression testing.
• 3+ years of experience with Wealth Management.
• Strong proficiency with MS Suite (Excel, Word, PPT).

Responsibilities

• Ensure all quarterly client statements are run, printed, reviewed and sent to clients on time.
• Review the accuracy of client portfolios by running data clean reports in Mpower and address discrepancies.
• Coordinate with Portfolio Managers for timely delivery of statement testing.
• Provide support to ensure security trades are input accurately within time restraints.
• Update and review client profiles to ensure accurate set up.

Skills

BA/Operations Analyst

FI experience

UAT testing

Wealth Management

MS Excel

Education

Post-secondary certificate in Business Administration

Tools

Jira

Confluence

Mpower

Job description

JOB DESCRIPTION

Location: Onsite - split across 2 offices downtown – 5x/week | Downtown, Toronto

Duration: 6Months

Our client, a leading financial institution in Downtown Toronto, is looking for a BA/ Operations Analyst - Wealth Management to ensure all quarterly client statements are run, printed, reviewed, and sent to clients on time and adhering to strict quality standards. The successful candidate will have the opportunity to work with one of the Top 5 Banks in Canada.

Typical Day in role:

• Ensure all quarterly client statements are run, printed, reviewed and sent to clients on time and adhering to strict quality standards
• Review the accuracy of client portfolios by running various data clean reports on Mpower – investigate and update any discrepancies. This involves extensive review of the Mpower underlying databases – review security transactions, cash balances, position reports, pricing, and performance calculator.
• Review and balance any Statement of Change discrepancies.
• Co-ordinate with Portfolio Managers for timely delivery of statement testing
• Provide support to ensure all security trades are input accurately and within the strict time restraints to SJF (Scotia Jarislowsky Fraser) front office portfolio systems, Mpower.
• Update and review new and existing client profiles to ensure accurate set up.
• Participate in testing and implementation of internal operational enhancements and troubleshooting errors that arise due to programming issues.
• Create and deliver reporting that addressed the current needs of Wealth Management business lines and collaborate with management to proactively anticipate future requirements and business impacts.
• Ensure the accuracy and integrity of data collected by maintaining database and/or loading information as required to appropriate applications.
• Perform customer Service duties in a professional and thorough manner by acting as liaison with project team
• Communicate effectively with all levels of staff including Senior Management, exercise proper judgement and ensure confidentiality is maintained at all times.
• Set working priorities autonomously or as part of operations team ensuring both deadlines are met for both standard and rush assignments.
• Maintain direct adherence to the company and Bank security procedures
• Performance of other duties as assigned which will enhance the project outcome
• Work closely with Portfolio Operations, National Services and Special project team

1. Business analysis, participate in requirements gathering working sessions
2. Create process and requirements documentation
3. Communicate and meet with with external vendors to discuss project activities
4. Conduct business validation within in-scope applications and document validation results
5. Complete account creation and maintenance

Must Have Skills:

• 5+ years of experience as a BA or Operations Analyst within FI
• In-depth understanding of the Canadian Investment Industry combined with exposure to U.S. and global markets
• 3+ Years of UAT testing and regression testing
• 3+ years of experience with Wealth Management
• Strong proficiency with MS Suite (Excel, Word, PPT)

Nice-To-Have Skills:

• Continued education in securities industry related topics (i.e. Canadian Securities courses, Financial Accounting etc.) are imperative.
• Prior experience in CGI Mpower
• Statement generation experience
• Jira and Confluence
• Understanding of Data Flow and system connectivity
• Previous experience with ROR (understanding of would suffice)

Soft Skills Required:

• Strong communication skills
• Strong organizational skills
• time management skills
• Ability to work well within a team and with stakeholders
• Ability to multitask
• Be comfortable with changing priorities

Education:

A post-secondary certificate in Business Administration

FP Inc. is committed to creating an inclusive environment where all team members and clients feel like they belong. In accordance with the requirements set out in the Employment Standards Act, FP Inc. hereby declares that AI is utilized in the screening process for this position. The hourly compensation range for this role is $50/hr -$62/hr. We seek applicants with a wide range of abilities, and we provide an accessible candidate experience. We advocate for you and welcome anyone regardless of race, colour, religion, national origin, sex, physical or mental disability, or age.