Portfolio Administrator, Cash

CGI Njoyn; Toronto; On-site; CAD 80,000 - 100,000; Full time

Job summary

An established industry player seeks an Operations Specialist to support critical cash management and portfolio modeling processes. This role is essential for ensuring accurate trade entry, settlement, and reconciliation for mutual funds and ETFs. The ideal candidate will have a keen eye for detail, strong communication skills, and the ability to thrive in a fast-paced environment. Join a diverse and dynamic workplace that values innovation and offers opportunities for professional growth. If you are passionate about making a meaningful difference in the financial sector, this is the perfect opportunity for you.

Qualifications

• 2-4 years of experience in accounting/operations, preferably with mutual funds.
• Proficiency in Microsoft Office, especially Excel and Word.

Responsibilities

• Execute daily cash management and portfolio modelling processes.
• Ensure timely reporting of money market and term deposits.

Skills

Attention to Detail

Communication Skills

Time Management

Problem Solving

Education

Post-secondary degree/diploma in Accounting/Finance/Commerce/Business

Canadian Securities Course (in progress)

Tools

Microsoft Excel

Microsoft Word

Microsoft Access

Job description

CIBC Mellon is a leading provider of asset servicing solutions to institutional investors in Canada, including multi-currency accounting, fund valuation, and investment information reporting. We are passionate about providing exceptional client service backed by our culture of innovation and success. Our outstanding employee experience will provide you with opportunities to learn and grow professionally while supporting the communities in which you live and work.

We are a diverse and dynamic workplace where employees take an active role in delivering on strategic objectives while advancing their individual career goals. We encourage innovative thinking and give our employees the support and resources they need to turn great ideas into actions.

We’re always looking for talented people who can make a meaningful difference for our clients, our company and our communities.

Position Overview:

An operations specialist and administrative role that executes critical daily cash and portfolio modelling processes to support investments by mutual funds, ETFs and separately managed accounts.

Responsibilities:

1. Execute critical daily processes specific to cash management and portfolio modelling transactions including trade entry, settlement, adjustments, payment receipt and reconciliation.
2. Ensure correct and timely post-execution reporting of money market and term deposits.
3. Receive securities trades on a daily basis from Investment Managers, ensuring the trades are accurately processed and promptly entered to the portfolio accounts' records.
4. Perform reconciliations and identify, report and escalate portfolio security discrepancies.
5. Work with custodian banks/prime brokers, investment managers and sub-advisors, and traders to resolve discrepancies and overdrafts.
6. Minimize risk and operational losses by adhering to established policies and procedures.

Qualifications:

Education/Experience:
• Two to four years of experience in an accounting/operations related position (experience with mutual funds, securities/investments, foreign currency translation and derivatives preferred).
• Post-secondary degree/diploma specializing in Accounting/Finance/Commerce/Business or equivalent.
• Working towards completion of the Canadian Securities Course.

Specific Knowledge & Skills:
• Familiarity with professional information systems.
• Proficiency in Microsoft Office such as MS Excel and Word; Access would be an asset.
• Programming/development and data management skills an asset.
• Ability to work independently in a time sensitive environment and deal with fluctuating work volumes is required.
• A high attention to detail is required.
• Strong communication skills, both written and verbal.
• Knowledge of applicable policies and procedures.

CIBC Mellon's Values:

Get it Right Every Day: Deliver service excellence while always acting with the highest ethical standards.
Put Clients at the Centre: Advocate for clients by listening, sharing knowledge, and bringing the right solutions forward.
Be One Family: Challenge, empower and recognize your colleagues.
Take Ownership: Speak up, speak out, and make things better.

CIBC Mellon is committed to taking all reasonable steps to accommodate the needs of all individuals. Should you require any accommodations during the recruitment and selection process, please speak with your Recruitment Consultant.