Financial Analyst I (Investment)

Compunnel Inc.; Montreal; On-site; CAD 50,000 - 70,000; Full time

Job summary

A leading company in the financial sector is seeking a Transfer Analyst in Montreal. The successful candidate will manage cash and securities transfers, ensuring accuracy and timely updates in the Transfer Origination Automation system. This role offers the chance to enhance processes and network within the investment preparation sector, ideal for those with a background in finance or related fields.

Qualifications

• Minimum 1-2 years of experience in the securities and investment environment.
• Bilingual proficiency in both languages is required.
• Open to recent graduates.

Responsibilities

• Monitor the life cycle of transfers within the TOA system.
• Ensure timely settlement of transfers and updates to downstream systems.
• Coordinate between various internal and external parties.

Skills

Analytical skills

Problem-solving skills

Interpersonal skills

Communication skills

Flexibility

Education

University degree in business, finance, accounting, or mathematics

Tools

MS Office (especially Excel)

Macro / VBA

Job description

Direct message the job poster from Compunnel Inc.

Recruitment Leader / Strategist - Federal, Banking & FinTech Clients

Story Behind the Need

• Business group : The Transfer Management Group (TMG) is responsible for the day-to-day processing of cash and securities transfers between portfolios recorded within our internal accounting book of records (Simcorp Dimension).

Candidate Value Proposition

• The successful candidate will have the opportunity to network, extend knowledge, and improve processes in the investment preparation sector.

Typical Day in Role

This role ensures the timely and accurate updates of all cash and securities transfer transactions in the Transfer Origination Automation (TOA) system. The Transfer Analyst will communicate transfer events to respective departments to ensure funds availability for portfolio managers' sound investing decisions.

The Transfer Analyst within the Transfer Management Group will perform the following functions :

• Monitor the life cycle of transfers within the Transfers Origination Automation System (TOA).
• Ensure all transfers uploaded into TOA are settled in a timely manner and all downstream systems are updated as required.
• Coordinate between various parties, both internal and external, including custodians, clients (third-party and internal), portfolio managers, and internal business units such as Market Risk Management, Treasury, Compliance, Securities Administration, Investment Controllers, and Accounting.
• Perform daily cash and asset transfer reconciliation between TOA and internal accounting book of records, Simcorp Dimension (SCD).
• Understand key stakeholders’ objectives to enhance the general transfer process while considering various options and their potential impact on stakeholders.
• Deliver notifications to the appropriate back-office business area for transfers originating from non-North American custody accounts.
• Collaborate with Portfolio Managers (or clients) to obtain their preferences for completing transfers in-kind (of securities) or in cash, understanding the procedural implications of each decision.
• Perform manual validation on “Trust” portfolios and ensure applicable procedures are followed.
• Provide recommendations regarding best practices for completing transfers, including cost considerations.

Candidate Requirements / Must Have Skills :

• Minimum 1-2 years of working experience in the securities and investment environment.
• Strong conceptual skills, diagnostic, analytical and problem-solving skills, and ability to exercise flexibility and judgment.
• Proficiency in MS Office applications, especially Excel. Knowledge of Macro / VBA is an advantage.
• Bilingual – Proficient in both languages.

Soft Skills

• Good interpersonal and communication skills; ability to handle diverse client interactions using a service-oriented approach.
• Well-organized and able to meet tight deadlines with accuracy and attention to detail.
• Demonstrated initiative and strong team player.

Education :

• University degree in business, finance, accounting, or mathematics.

Open to candidates who have just completed education.

Seniority level

Associate

Employment type

Contract

Job function

Finance

Insurance, Investment Banking, and Financial Services

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Financial Analyst • Montreal, Montreal (administrative region), Canada