Manager, Portfolio Administration (Canada)

Fiera Capital; Toronto; On-site; CAD 110,000 - 130,000; Full time

Benefits offered by this job

Hybrid work arrangement

Competitive compensation

Job summary

Fiera Capital in Ontario seeks a Manager, Portfolio Administration to lead cash administration and reconciliation across asset classes. You will partner with operations, investment, and distribution teams to maintain accurate account data and cash projections.

As a subject matter expert, you will guide a global team, ensure operational readiness, and support audits and governance. Strong leadership and financial operations experience are essential.

Qualifications

• Bachelor’s degree or equivalent experience in finance or accounting.
• 5–7+ years in portfolio administration and reconciliation in asset management.
• 3+ years in people management of Investment Operations professionals.
• Strong understanding of investment manager operations with counterparties.
• Excellent communication and presentation skills.

Responsibilities

• Lead a team of Portfolio Administration analysts across cash administration and reconciliation.
• Ensure IBOR data is complete, accurate, and timely.
• Oversee daily cash, transaction, and position reconciliations with custodians.
• Review cash projections and foreign currency balances for portfolio managers.
• Investigate and resolve reconciliation exceptions with internal and external teams.
• Maintain controls with evidence for audits and governance.
• Manage vendor relationships and service levels.
• Monitor metrics and vendor performance to identify risks and improvements.
• Develop and coach team members for growth and project work.
• Collaborate on system implementations and process changes.

Skills

Portfolio administration

Reconciliation experience

Leadership / management

Analytical skills

Communication skills

Cross-functional collaboration

Attention to detail

French language proficiency

Education

Bachelor’s degree in finance, accounting, economics, or business administration

Equivalent work experience

Tools

Eagle Accounting

Eagle PACE

Gresham reconciliation solutions

SS&C PACER

Custodian portals

Bloomberg

Job description

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.

The Portfolio Administration team is one of four pillars within Fiera Capital’s Global Operations, together with Fund Administration, Data Management, and Global Performance. Global Operations primarily supports the Public Markets business in Canada, the U.S., and the UK, administering a broad and complex range of investment strategies, fund structures, and asset classes across the Institutional, Financial Intermediary, and Private Wealth distribution channels. It also supports Private Markets, through feeder funds and fund-of-funds structures. Global Operations teams operate in a collaborative, fast-paced environment where attention to detail, operational risk awareness, and client focus are essential.
The Portfolio Administration Team supports the firm’s portfolio management and trading activities by maintaining accurate investment accounting data through the Investment Book of Record (IBOR) and providing post-trade support. The team collaborates closely with key internal stakeholders, including Public Markets portfolio management teams and CIO offices, distribution and client-facing teams, Investment Risk, Operations, Legal & Compliance, and Finance. Externally, it manages relationships with brokers, custodians, and vendors. The team also supports client inquiries, RFP responses, client, regulatory, and internal audit requests.

What we are looking for:

The Manager, Portfolio Administration, is a collaborative leader responsible for overseeing portfolio administration operations in support of Fiera’s broad range of investment strategies and products. This role partners closely with operations, investment, and distribution teams to maintain accurate account data, reliable cash projections, and operational readiness. As a subject matter expert and trusted business partner, the Manager brings proven experience developing and leading teams within a global firm while remaining client- and solution-focused.

Your responsibilities:

• Lead a team of Portfolio Administration analysts responsible for cash administration and reconciliation activities across various asset classes.
• Ensure cash, transaction, and position information maintained in the IBOR is complete, accurate, and available within established operational timelines.
• Oversee the daily reconciliation of cash, transactions, and positions with custodians and other counterparties
• Review daily cash availability and projections, including foreign currency balances, for accuracy before they are provided to portfolio managers and traders
• Oversee the investigation and resolution of material, aged, and recurring reconciliation exceptions, working with internal teams and external counterparties to address underlying causes
• Ensure transactions are accurately and promptly reflected in the IBOR
• Ensure key Portfolio Administration controls are completed within established timelines, with appropriate evidence of review and management sign-off, and provide required support to internal and external auditors
• Oversee key vendors and service providers, including service quality, issue resolution, and adherence to established service levels and governance requirements
• Monitor operational metrics, reconciliation trends, and service-provider performance to identify risks and improvement opportunities
• Build a high-performing team by establishing clear priorities, responsibilities, and performance expectations
• Coach and develop team members, supporting their technical knowledge, professional growth, and participation in strategic initiatives
• Manage workload allocation, cross-training, and backup coverage while promoting accountability, collaboration, and continuous improvement
• Lead by example and advocate for the team by ensuring priorities, resource needs, and operational risks are clearly communicated
• Empower team members to contribute to high-profile projects that support their development and improve the effectiveness of the function
• Represent Portfolio Administration in system implementations, and material process changes, including requirements definition, testing, and operational readiness
• Work closely with investment and operations teams on reconciliation matters, cash projections, and the integrity of information maintained in the IBOR
• Stay current on industry and regulatory trends and the evolving needs of our clients and partners
• Demonstrate a strong understanding of the asset management industry and partner with other departments to develop and implement effective operational solutions
• Maintain strong relationships with distribution, investment and operations teams to ensure client satisfaction and trust
• Respond to client due diligence questionnaires and prospect RFPs

Must have requirements to be successful in this role:

• A bachelor’s degree in finance, accounting, economics, business administration, or a related field, or equivalent work experience, is required
• Additional industry certifications are not required but are considered assets
• 5–7+ years of portfolio administration and reconciliation experience in asset management, including 3+ years managing Investment Operations professionals
• Strong understanding of how investment managers operate and engage with counterparties and custodians
• Highly organized, methodical, and meticulous
• Strong analytical skills, with experience resolving operational issues and solving problems effectively
• Excellent communication and presentation skills, including the ability to explain complex concepts clearly to stakeholders at all levels
• Experience leading cross-functional projects or product management initiatives and developing operational solutions is an asset
• Ability to collaborate effectively in a global, dynamic, cross-functional environment and build strong relationships
• High degree of integrity and professionalism
• Initiative-taking, with a continuous improvement mindset
• French language proficiency is required for candidates based in Montreal.

Systems Experience:

• Experience with Eagle Accounting, Eagle PACE, Gresham reconciliation solutions, SS&C PACER, custodian portals, and Bloomberg is considered a strong asset.
• Advanced Microsoft Excel skills and experience with operational reporting or data-visualization tools would also be beneficial.

Additional Information:

• Fiera Capital adheres to a hybrid working environment with 4 days in-office per week.
• The salary range for this position is $110,000- $130,000. This role is also be eligible for additional compensation, including bonuses and employee benefits. This salary range is for Ontario.
• Position opening reason : Replacement.

#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.