Reconciliation analyst Jobs in Toronto, ON

At Fiera Capital

We invest in creating a culture of purpose that makes our people feel valued, cared for, seen, and heard. Our approach to employee experience is tailored to your needs and ambitions:

• Your Inclusive Experience: We are committed to cultivating an inclusive, safe, and trusting work environment.
• Your Growth & Empowerment: We have ambitious growth goals for our firm, which makes us a great place to advance your career.
• Your Rewards & Recognition: We deeply value our people and their contributions and that’s reflected in our competitive compensation and benefits packages and our collaborative culture.
• Your Wellness Your Way: We strive to create a healthy work environment and we offer programs designed to support our employees’ wellbeing.

What we are looking for:
Under the supervision of the Manager of Portfolio Administration, the candidate will provide efficient support service to the client service team, traders, and portfolio managers across Fiera Capital’s mandates. The candidate will update various systems used at Fiera Capital and will consistently manage relationships with various internal and external partners, to handle all reconciliation and cash management issues through to resolution.

Your responsibilities:

• Calculate and communicate daily cash (including foreign currencies) balances available for investment to portfolio managers and traders

• Daily reconciliation of cash, transactions and positions with custodians and other counterparties

• Collaborate with external counterparties and internal teams to investigate and quickly resolve discrepancies

• Ensure that transactions are entered into the portfolio accounting system on time and reconciled accurately

• Ensure the accuracy and quality of information in the systems

• Prepare reconciliation and other ad hoc reports

• Provide exceptional service when interacting with internal and external contacts

• Support internal and external auditors as required

• Participate in the testing and implementation of operational improvements and special projects

• Assist with ensuring service providers meet service level agreements (SLA) and ensure good governance

Must have requirements to be successful in this role:

• Minimum 3-5 years of relevant work experience in portfolio administration and reconciliation, or other applicable portfolio operations functions

• Bachelor’s degree in Accounting, Finance, Economics, or a related field is preferred, with consideration given to a combination of academic and relevant practical experience.

• Completion or pursuit of professional certifications, such as the Canadian Securities Course or CFA, is an asset

• Understanding how investment managers operate and interact with administrators, brokers and custodians is essential

• Strong working knowledge of global markets, money market instruments, equities, bonds, and cash management principles

• Demonstrated analytical thinking and experience solving business problems

• A spirit of continuous process improvement and a positive team attitude

• Effective communication skills (verbal and written)

• Attention to detail, intuitive and anticipatory

• Ability to meet challenges and work under pressure

• Bilingualism (English and French) is an asset