cclfg · Vancouver, British Columbia, Canada · Vancouver, British Columbia, Canada
<p><span style="font-size: 12pt;">Are you interested in joining one of Canada’s top performing asset managers? We are looking for a <strong>Reconciliation Analyst, </strong>for an existing vacancy in our <strong>Institutional Portfolio Operations </strong>team. The Institutional Portfolio Operations (IPO) team is a group of tightknit, energetic, and social individuals, who together have a direct impact on the investment success of individuals, pension funds, foundations and endowments, First Nations and other institutional clients. The reconciliation position is a critical part of our firm and clients’ success and is a challenging and rewarding role for the right individual. In this role you will experience the inter-workings of the asset management world and will have the opportunity to advance your skills for future growth and development within Connor, Clark & Lunn (CC&L). Our offices currently operate on a hybrid model with a combination of in office and remote working days throughout the week.</span></p> <p><span style="font-size: 12pt;"><strong>What You Will Do</strong></span></p> <ul> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Reconcile various items, including but not limited to: cash, transactions, holdings, futures, various derivative products, dividends, soft dollars, units, and alternative investments.</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Knowledge on investigation of the various reconciliation breaks due to shareholder activities, income discrepancies, corporate action breaks, failed trades or derivative breaks.</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Knowledge of various research platforms like Bloomberg or Reuters, etc.</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Experience of navigating custodian websites for extracting cash and holdings reports</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Communicate with custodians, prime brokers, portfolio managers, and key personnel across CC&L to investigate and resolve reconciliation discrepancies.</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Communicate with our custodians and prime brokers to set up daily delivery of external files for reconciliation purposes and to resolve data-related issues.</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Communicate critical portfolio information and oversee the flow of sensitive information for all CC&L affiliates.</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Work with auditors to assist in providing accurate and timely data for audits of our institutional client accounts.</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Participate in continuous improvement of business processes and procedures, with focus on automation, efficiency, and the scalability of IPO’s services.</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Participate in testing and implementation of projects and new/revised products/services or processes.</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Complete month-end reconciliation of accounts to ensure that all client accounts that are out of balance or require investigation can be reviewed and resolved accordingly and in a timely manner.</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Analyze issues and determine next steps; escalate as required.</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Complete complex & diverse tasks within given rules/limits.</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Perform other tasks and ad-hoc projects as assigned to you from time to time.</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Knowledge of Advent APX and SS&C RECON applications are beneficial, but not required. </span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">Knowledge of capital markets, derivatives, securities, and corporate actions.</span></li> </ul> <p><span style="font-size: 12pt;"><strong>What You Bring</strong></span></p> <ul> <li style="font-size: 12pt;"><span style="font-size: 12pt;">You have a postgraduate degree in Finance, Business Administration or a related field.</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">You have a genuine interest for the investment industry with prior experience in an institutional investment firm, bank, or trust company. A minimum of 2 years experience in investment operations is necessary.</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">You can articulate yourself clearly through both verbal and written mediums and work well with others to resolve complex issues.</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">You have the ability to think rationally, and problem solve effectively. Demonstrated experience in process improvement initiatives, developing and automating processes is beneficial.</span></li> <li style="font-size: 12pt;"><span style="font-size: 12pt;">You have a proven ability to problem solve in situations with less than complete information. You demonstrate strong analytical skills, ability t