Pooled Fund Administrator - Term position

Scotiabank; Toronto; On-site; CAD 65,000 - 75,000; Full time

Job summary

A leading bank in the Americas is seeking a Pooled Fund Administrator for a 12 Month Term position in Toronto. The role involves verifying and processing pooled fund transactions, reconciling fund statements, and preparing client mailings. Candidates should have a Bachelor’s degree and 3+ years of experience in a similar capacity, ideally within the investment sector. Strong attention to detail and client service skills are essential.

Qualifications

• 3+ years of work experience in a similar role, preferably in the investment industry.
• Understanding of Investment Operations back-office processes.
• Comfort working directly with investment and trading professionals.

Responsibilities

• Conduct daily verification and process pooled fund transactions.
• Reconcile pooled fund statements with custodians and fund administrators.
• Produce and distribute routine reports on a regular basis.

Skills

Strong client service skills

Attention to detail

Excellent communication skills

Proficiency in Microsoft Office Suite

Numeracy skills

Ability to manage multiple tasks

Education

Bachelor’s in business or economics

Job description

Overview

Pooled Fund Administrator - Term position

Requisition ID: 235620

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

The Pooled Fund Administrator contributes to the overall success of the Operations department ensuring specific individual goals, plans and initiatives are executed / delivered in support of the team’s business strategies and objectives. They will ensure all activities conducted, complies with governing regulations, internal policies, and procedures.

This is a 12 Month Term position.

Responsibilities

• Conduct daily verification and process pooled fund transactions
• Reconcile pooled fund statements and follow-up on any inconsistencies with custodians and fund administrators
• Produce and distribute routine reports on regular basis
• Prepare monthly and quarterly client mailings and ensure that all documentation is sent to clients on a timely basis
• Other duties may be required and may be subject to change

Qualifications

• Bachelor’s in business or economics or another related field
• 3+ years of work experience in a similar role, preferably in the investment industry in a Brokerage, Investment or Trust Company
• An understanding of Investment Operations back-office processes and technologies within an investment management organization is an asset
• A good understanding of securities transactions and reporting systems & knowledge of reconciling accounts
• Strong knowledge of Excel and experience with Microsoft Office Suite
• An advanced level of attention to detail and accuracy
• Strong client service skills and are proactive and professional when managing client issues
• Innovative and eager for involvement in news projects and initiatives
• Excellent communication skills, both written and verbal
• An elevated level of self-motivation, self-discipline and are reliable
• A comfort working directly with investment and trading professionals
• The ability to work both independently, prioritizing workload and seek support when appropriate
• A strong thought logic process, extremely detail oriented with strong numeracy skills
• The ability to manage multiple tasks quickly and efficiently
• Initiative and are results driven
• An ability to manage key time frames and important deadlines
• The ability to work well in a stressful environment

Location(s): Canada : Ontario : Toronto

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here . Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.