Senior Specialist, Private Asset Servicing

Brookfield Asset Management Credit and Insurance Solutions Advisor L.P.; Toronto; On-site; CAD 80,000 - 100,000; Full time

Job summary

A prominent financial management firm in Toronto is seeking a Senior Specialist in Private Assets Servicing to ensure accurate reconciliation, trade settlements, and collaboration across teams. The ideal candidate has 6 years of experience, strong analytical skills, and proficiency in Microsoft Excel and Power BI. This role offers a dynamic career path with substantial responsibilities in a supportive environment.

Qualifications

• 6 years of experience; CPA / CFA / CAIA designation preferred.
• Working knowledge of trade life-cycle processes within Investment Operations required.
• Proficient in various settlement and reconciliation processes.

Responsibilities

• Conduct reconciliation of cash, trade and positions ensuring accuracy.
• Support trade settlement and lifecycle events across asset classes.
• Collaborate with legal, treasury and accounting to support investment onboarding.

Skills

Strong analytical skills

Communication skills

Knowledge of trade life-cycle processes

Attention to detail

Self-motivated

Education

Undergraduate degree in accounting, finance, economics

Tools

Microsoft Excel

Power BI

VBA

Job description

Overview

Location: Brookfield Place - 181 Bay Street

Brookfield Culture

Brookfield has a unique and dynamic culture. We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader: Entrepreneurial, Collaborative and Disciplined. Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.

Job Description

Brookfield Asset Management Credit and Insurance Solutions Advisors LLC. is focused on deploying its capital on a value basis and compounding it over the long term. This capital is allocated across its three core pillars of asset management, insurance solutions and its operating businesses.

The Senior Specialist Private Assets Servicing will be a key member of Brookfield Credits growing team and will report to our Manager Private Assets Servicing within the wider Investment Operations team. The role will also have a high degree of interaction with the Director Private Assets Servicing and other members of the investment team working directly with them in support of the expansion of BAM Credit and Insurance Solutions Advisors LLC. investment portfolio.

This role provides a highly motivated individual with a solid foundation and exposure to a progressive and dynamic career within BAM Credit. The role will be based in Brookfield\'s Toronto offices at Brookfield Place.

Responsibilities

• Conduct reconciliation of cash, trade and positions ensuring accuracy across multiple systems and resolving discrepancies proactively
• Support trade settlement and trade lifecycle events and settlement across asset classes such as private equity, private credit, real estate, infrastructure and agriculture
• Support capital calls and distributions ensuring timely and accurate processing for private asset funds and coordination with treasury team to ensure execution
• Liaise with external service providers to support end-to-end processes related to Loan Administration including transfers of Private Assets between lenders
• Support financial and regulatory reporting by ensuring accurate data capture and documentation for private asset investments including collaboration with investment accounting team on month-end close cycle
• Support in the implementation of complex transactions, product launches, closures and other initiatives
• Collaborate with cross-functional teams including legal, treasury and accounting to support investment onboarding and reporting including review of credit agreements and other financial documentation
• Collaborate with technology services for integration and process enhancement while actively participating in system implementation projects for ongoing process improvements
• Respond to internal and external inquiries and requests from other departments or escalate to manager on a timely basis
• Participate in system implementation and process improvement projects as required
• Monitor changes to existing portfolios and apply the changes to all back-office systems
• Design ad-hoc reports for special requests from clients or internal requests
• Various special duties and projects assigned
• Build and enhance procedures documentation related to team responsibilities and deliverables

Qualifications & Requirements

• 6 years of experience; CPA / CFA / CAIA designation is preferred
• Undergraduate degree in accounting, finance, economics or other relevant fields is required
• Working knowledge of trade life-cycle processes within Investment Operations / Middle Office related to alternative asset classes (private investments and fixed income)
• Proficient in various settlement and reconciliation processes
• Advanced knowledge of Microsoft Excel and other office applications (Power BI, VBA); experience with other technical software is advantageous
• Strong analytical and conceptual thinker who works well in a fast-paced, dynamic, complex and unstructured environment
• Thorough and meticulous with extreme focus on details
• Self-motivated and proactive with the ability to operate independently
• Team-oriented with a commitment to shared success
• Superior communication (oral and written) skills
• Excellent interpersonal skills and ability to develop collaborative relationships at all levels
• Ability to prioritize multiple responsibilities to meet internal and external deadlines
• High degree of professional ethics and integrity

Brookfield is committed to maintaining a Positive Work Environment that is safe and respectful; our shared success depends on it. Accordingly we do not tolerate workplace discrimination, violence or harassment.

Brookfield is committed to creating an accessible and inclusive organization. We are committed to providing barrier-free and accessible employment practices in compliance with the Accessibility for Ontarians with Disabilities Act. Should you require a Human Rights Code-protected accommodation through any stage of the recruitment process please make them known when contacted and we will work with you to meet your needs.

Employment Details

Required Experience: Senior IC

Key Skills: Clerical, Diploma, Foreclosure Paralegal, Flight Operations, Construction Equipment

Employment Type: Full-Time

Experience: years

Vacancy: 1