Senior Reconciliation Analyst

CI Investments; Toronto; On-site; CAD 75,000 - 95,000; Full time

Job summary

CI Investments seeks a Senior Reconciliation Analyst to manage daily reconciliation processes and support the implementation of new technologies. This role demands strong analytical abilities and resilience in a fast-paced environment, ensuring operational accuracy and accountability while collaborating with diverse stakeholders.

Benefits

Training Reimbursement

Paid Professional Designations

Employee Savings Plan (ESP)

Enhanced group benefits

Parental Leave Top-up program

Paid time off for Volunteering

Qualifications

• 5 years of experience in reconciliations or financial operations.
• Strong understanding of reconciliation processes and operational controls.
• Experience with depository systems like CDS & DTC is an asset.

Responsibilities

• Prepare and reconcile cash and asset accounts daily.
• Investigate and resolve discrepancies promptly.
• Assist with implementation of a new reconciliation platform.

Skills

Advanced Excel skills

VBA skills

Analytical skills

Problem-solving

Communication skills

Interpersonal skills

Critical thinking

Education

Bachelor's degree in Finance or Accounting

CPA or CFA certification

Job description

At CI we see a great place to work as one that is a safe place for everyone to have a voice where people are empowered to take ownership over meaningful work where there is an opportunity to grow through stretching themselves where they can work on innovative products and projects and where employees are supported and engaged in doing so.

We are seeking a highly motivated and detailoriented Senior Reconciliation Analyst who will be part of a team responsible for the daily reconciliation processes to ensure the integrity of our book of records and the associated financial and operational controls. Our firm is undergoing an exciting transformation and this role will also play a key part in driving that change. The successful candidate will be involved in supporting the implementation of a new reconciliation platform and the establishment of a new Target Operating Model (TOM) designed to enhance accountability clarify roles and responsibilities and optimize operational performance.

This individual will be part of a team of 35 reconciliation analysts and ensure that all cash and asset accounts are reconciled daily with a focus on aligning our book of records with banks depositories and counterparties. This is a unique opportunity to contribute to the evolution of our operations while maintaining the highest standards of control and accuracy.

WHAT YOU WILL DO

Operational Reconciliation of cash and positions :

• Prepare and reconcile cash and asset accounts daily including transactions and positions across book of records banks depositories (CDS / DTC) and various other third party counterparties.
• Investigate and resolve discrepancies promptly to minimize risk and ensure operational accuracy.
• Monitor and manage outstanding breaks escalating issues when necessary.
• Monitoring trends and working with internal and external stakeholders to address the underlying root causes.

Control Framework Management :

• Assist in maintaining a sound control framework to support the reconciliation process and mitigate risk.
• Assist in regularly reviewing processes to identify and implement enhancements to improve efficiency and reduce errors.

Support the Manager of Reconciliation with the implementation of the New Reconciliation Platform :

• Support the implementation of a new reconciliation platform including defining requirements testing and rollout and training.
• Assist in the implementation of a new Target Operating Model (TOM) ensuring clear accountability defined roles and responsibilities across the reconciliation process.
• Aid in the collaboration with internal and external stakeholders to ensure seamless integration with existing systems and processes.

Reporting & Metrics :

• Help prepare regular reconciliation metrics and status updates to senior management.
• Track and report key performance indicators (KPIs) to monitor performance and process efficiency.

WHAT YOU WILL BRING :

• Bachelors degree in Finance Accounting or a related field; professional certifications (e.g. CPA CFA) are an asset.
• Advanced excel skills and proficient VBA skills
• 5 years of experience in reconciliations financial operations or a similar function within financial services.
• Strong understanding of reconciliation processes (cash and asset exchange traded Mutual Funds) and operational controls.
• Experience working with depository systems such as CDS & DTC would be an asset.
• Experience with implementing or upgrading reconciliation platforms and systems is a strong asset.
• Excellent problemsolving and analytical skills with attention to detail.
• Strong interpersonal and communication skills with the ability to collaborate effectively with stakeholders at all levels.
• Canadian Securities Course IFIC PFP and other industry courses would be an asset.
• Problemsolving and critical thinking
• Adaptability to change and technologydriven environments.
• Strong organizational and prioritization skills

CI Financial is an independent company offering global wealth management and asset management advisory services through diverse financial services firms. Since 1965 we have consistently anticipated and responded to the changing needs of investors. We are driven by a commitment to provide individuals and institutions with the highestquality investments and advice. Our commitment to the highest levels of performance means that whatever their position CI employees must be comfortable in a fastpaced environment that will stretch them to tap into their highest potential. Employees with a healthy dose of ambition a desire to commit to a curious mindset for continuous learning and a willingness to go the extra mile thrive at CI.

A Supportive Environment for Success

We offer an inoffice environment competitive benefits and a supportive workplace to help our employees thrive both personally and professionally.

WHAT WE OFFER

• Modern HQ location within walking distance from Union Station
• Training Reimbursement
• Paid Professional Designations
• Employee Savings Plan (ESP)
• Corporate Discount Program
• Enhanced group benefits
• Parental Leave Topup program
• Paid time off for Volunteering

We are focused on building a diverse and inclusive workforce. If you are excited about this role and are not confident you meet all the qualification requirements we encourage you to apply to investigate the opportunity further.

Please submit your resume in confidence by clicking Apply. Only qualified candidates selected for an interview will be contacted. CI Financial Corp. and all of our affiliates (CI) are committed to fair and accessible employment practices and provide reasonable accommodations for persons with disabilities. If you require accommodations in order to apply for any job opportunities require this posting in an additional format or require accommodation at any stage of the recruitment process please contact us or callext. 4747.

Required Experience :

Senior IC

Key Skills

Clinical Research,Accounts Management,Delivery,Drafting,HR,Document Management

Employment Type : Full-Time

Experience : years

Vacancy : 1

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