Senior Reconciliation Analyst

Description

We are seeking a highly motivated and detail-oriented 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 3-5 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:

• Bachelor’s 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 problem-solving 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.
• Problem-solving and critical thinking
• Adaptability to change and technology-driven 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 highest-quality investments and advice. Our commitment to the highest levels of performance means that whatever their position, CI employees must be comfortable in a fast-paced 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 in-office 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 Top–up 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 at [email protected], or call 416-364-1145 ext. 4747.