Senior Analyst - Capital Market Reconciliation

National Bank of Canada; Montreal; On-site; CAD 85,000 - 120,000; Full time

Benefits offered by this job

Health and wellness program

Flexible group insurance

Generous pension plan

Employee Share Ownership Plan

Employee and family assistance program

Preferential banking services

Involvement in community initiatives

Telemedicine service

Virtual sleep clinic

Job summary

National Bank of Canada is looking for a Senior Reconciliation Analyst within the Reconciliations – Capital Markets Operations team in Montreal. You will specialize in reconciliations, payments investigations, and operational controls to bolster data integrity and risk management.

You will handle Nostro accounts, investigations, and end-to-end process understanding while collaborating with internal and external partners to drive continuous improvement in processes and technology.

Qualifications

• College diploma with 6–7 years of relevant experience or a bachelor’s degree in Finance/Business with 3–4 years’ experience
• Strong knowledge of Capital Markets operations and interdependencies
• Experience in reconciliations, payments, Nostro accounts, investigations, or banking operations
• Advanced Excel skills incl. pivot tables, macros, and automation
• Familiarity with listed systems (Accurate, SWIFT, MIDAS, Bankmate, Murex, ISM, CDS, DTC, APS, TBT) and MS Office

Responsibilities

• Perform reconciliations for Capital Markets, Wealth Management, and Payments activities to ensure data integrity
• Analyze discrepancies, document findings, and coordinate resolutions through remediation or settlement
• Manage Nostro reconciliations, payment investigations, and payment exceptions with internal/external partners
• Develop understanding of end-to-end processes and proactive issue resolution
• Apply controls and monitoring to ensure daily completeness and quality
• Contribute to process/tech/regulatory improvements and operating procedures

Skills

Reconciliations

Payments investigations

Nostro accounts

Excel (Pivot tables, macros)

Regulatory controls

Data analysis

Education

Bachelor's degree in Finance/Business

College diploma with relevant experience

Tools

Accurate

SWIFT

MIDAS

Bankmate

Murex

ISM (T80)

CDS

DTC

APS

TBT

Microsoft Office

Access

Job description

A career as a Senior Reconciliation Analyst within the Reconciliations – Capital Markets Operations team at National Bank means acting as a specialist in reconciliations, payments investigations, and operational controls. In this role, you will have a direct impact on operational efficiency, data integrity, and risk management through your expertise in Capital Markets operations, payment processes, and transactional analysis.

Your Role

• Ensure the integrity and accuracy of transactional and accounting data by performing reconciliations for Capital Markets, Wealth Management, and Payments activities.
• Analyze discrepancies, document findings, and coordinate their resolution through to complete remediation or settlement.
• Manage Nostro account reconciliations, payment investigations, and payment exceptions while collaborating with internal and external partners.
• Develop a strong understanding of end-to-end processes, operational workflows, systems, and key stakeholders to proactively identify and resolve issues.
• Apply operational controls and monitoring practices to ensure the completeness, reliability, and quality of daily activities.
• Contribute to the implementation and continuous improvement of processes, technologies, regulatory requirements, systems, and operating procedures.

The Capital Markets Operations sector brings together nearly 50 specialists who work in an agile, proactive, and collaborative environment to strengthen operational excellence, support business growth, and continuously improve processes.

Within the Reconciliations – Capital Markets Operations team, you will be part of a group recognized for its expertise in reconciliations, payment investigations, and operational risk management. You will report to the Director, Reconciliations – Capital Markets Operations. Our team stands out for its strong collaboration, operational rigor, analytical mindset, and commitment to delivering high-quality outcomes in a fast-paced environment.

The Bank values continuous development and internal mobility. Our personalized training programs, based on learning through action, allow you to master your profession and develop new areas of expertise. Tools such as the Data Academy, language training, the Harvard Learning Center, as well as coaching and mentoring support, are available to you at all times.

Prerequisites

• College diploma with 6–7 years of relevant experience, or a bachelor’s degree in Finance, Business Administration, or a related field with 3–4 years of experience, or an equivalent combination of education and experience.
• Strong knowledge of Capital Markets operations, operational processes, and business interdependencies.
• Experience in reconciliations, payments, Nostro accounts, investigations, banking operations, treasury activities, or correspondent banking processes.
• Advanced proficiency in Microsoft Excel, including pivot tables, macros, and automation functionalities.
• Knowledge of systems such as Accurate, SWIFT, MIDAS, Bankmate, Murex, ISM (T80), CDS, DTC, APS, TBT, Microsoft Office, and Access.
• Experience working in a complex operational environment with multiple priorities and deadlines.

Languages: French, English

Reason to require this language: you will need to discuss frequently with our service providers or partners who speak a language other than French.

Required skills

Your benefits

In addition to competitive compensation, upon hiring you’ll be eligible for a wide range of flexible benefits to help promote your wellbeing and that of your family such as:

• Health and wellness program, including many options
• Flexible group insurance
• Generous pension plan
• Employee Share Ownership Plan
• Employee and family assistance program
• Preferential banking services
• Involvement in community initiatives
• Telemedicine service
• Virtual sleep clinic

We have an offer that keeps up with trends as well as your needs and those of your family.

Our dynamic work environments and cutting-edge collaboration tools foster a positive employee experience. We value employees’ ideas. Whether through our surveys or programs, regular feedback and ongoing communication are encouraged.

Making a bold move in a people-first environment

We’re a bank on a human scale that stands out for its courage, entrepreneurial culture, and passion for people. Our mission is to have a positive impact on people’s lives. Our core values of partnership, agility, and empowerment inspire us, and inclusion is central to our commitments. We aim, wherever possible, to provide a barrier-free and accessible environment to all employees.

We strive to provide accessibility measures throughout the recruitment process within the limits of our available resources. If you require accommodations, feel free to let us know during our initial conversations. We welcome all candidates! What can you bring to our team?