Senior Reconciliation Analyst

At CI, we see a great place to work as one that is a safe place for everyone to have a voice, where people are empowered to take ownership over meaningful work, where there is an opportunity to grow through stretching themselves, where they can work on innovative products and projects, and where employees are supported and engaged in doing so.

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…