Reconciliation Administrator at CI Financial

Description

Core Reconciliation Duties

• Perform daily cash and asset reconciliations, aligning our book of records with banks, custodians, depositories (e.g., CDS/DTC), and counterparties.
• Investigate, resolve, and escalate reconciliation breaks to minimize risk and ensure accuracy.
• Monitor and analyze exception trends, working proactively with internal and external stakeholders to address root causes.
• Build and maintain reconciliation workflows using DUCO.

Platform & Process Enhancement

• Support the implementation and testing of a new reconciliation platform.
• Participate in the rollout of a new Target Operating Model (TOM), defining roles, responsibilities, and control checkpoints.
• Identify and implement process improvements that enhance efficiency, scalability, and control.

Reporting & Metrics

• Help prepare reconciliation dashboards and KPIs for management reporting.
• Track performance metrics, exception volumes, and root-cause resolutions.

Qualifications

Education & Experience

• 2-5 years of experience in reconciliations, financial operations, or data analytics in a financial services environment.
• Hands-on experience using DUCO or similar reconciliation platforms (highly preferred).
• Exposure to depository systems like CDS/DTC is an asset.

Technical & Analytical Skills

• Strong analytical and problem-solving abilities.
• Proficiency in Excel (advanced), with VBA an asset.
• Familiarity with machine learning frameworks or robotic process automation (RPA) is a plus.

Soft Skills

• Detail-oriented with strong organizational and prioritization skills.
• Effective communicator with the ability to work collaboratively across departments.
• Adaptable to change and excited by technology-driven transformation.
• Bachelor’s degree in Finance, Accounting, Computer Science