Reconciliation Specialist, Institutional Portfolio Operations

Are you interested in joining one of Canada’s top performing asset managers? We are looking for a
** Reconciliation Specialist,
** for an existing vacancy in our
** Institutional Portfolio Operations
** 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 specialist 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.
** What You Will Do
*** Reconcile various items, including but not limited to: cash, transactions, holdings, futures, various derivative products, dividends, soft dollars, units, and alternative investments.
* Develop knowledge on investigation of the various reconciliation breaks due to shareholder activities, income discrepancies, corporate action breaks, failed trades or derivative breaks.
* Develop knowledge of various research platforms like Bloomberg or Reuters, etc.
* Navigate custodian websites for extracting cash and holdings reports
* Communicate with custodians, prime brokers, portfolio managers, and key personnel across CC&L to investigate and resolve reconciliation discrepancies.
* Communicate with our custodians and prime brokers to set up daily delivery of external files for reconciliation purposes and to resolve data-related issues.
* Communicate critical portfolio information and oversee the flow of sensitive information for all CC&L affiliates.
* Work with auditors to assist in providing accurate and timely data for audits of our institutional client accounts.
* Participate in continuous improvement of business processes and procedures, with focus on automation, efficiency, and the scalability of IPO’s services.
* Participate in testing and implementation of projects and new/revised products/services or processes.
* 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.
* Analyze issues and determine next steps; escalate as required.
* Complete complex & diverse tasks within given rules/limits.
* Perform other tasks and ad-hoc projects as assigned to you from time to time.
* Knowledge of Advent APX and SS&C RECON applications are beneficial, but not required.
* Knowledge of capital markets, derivatives, securities, and corporate actions.
** What You Bring
*** You have a postgraduate degree in Finance, Business Administration or a related field.
* 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 preferred.
* You can articulate yourself clearly through both verbal and written mediums and work well with others to resolve complex issues.
* You have the ability to think rationally, and problem solve effectively. Demonstrated experience in process improvement initiatives, developing and automating processes is beneficial.
* You have a proven ability to problem solve in situations with less than complete information. You demonstrate strong analytical skills, ability to analyze situations, diagnose problems, and develop proactive solutions. You are…