Are you looking for a supportive and collaborative workplace with great benefits and clear career development You've come to the right place.
Why choose Manulife
- Competitive Salary packages and performance bonuses
- Day 1 HMO + FREE coverage for your dependents (inclusive of same-sex partners)
- Retirement savings benefit
- Rewarding culture that values wellness and well-being
- Performance Bonus
- Global network of industry experts
- Extensive training resources
The Reconciliation Specialist will be responsible for the efficient reconciliation of General Accounts investment portfolios and providing investigative support to related business units and Portfolio Managers. This includes the timely and accurate comparison of security positions, cash balances, and cash transactions with custodians.
Responsibilities:
- Reconciliation of cash balances and cash transactions across all portfolios
- Reconciliation of securities holdings across all portfolios
- Involvement in problem resolution and investigations with custodial banks and various internal counterparties
- Timely investigation and response to internal client inquiries
- Work with other departments within the Investment Division to ensure all outstanding items are cleared in a timely manner
- Maintain daily and monthly reconciliation filings with proper backup documentation
- Work closely with Manager/Analysts on the escalation of aged items as per team standards
- Work within existing procedures and processes, ensuring clear and concise documentation is created and maintained as such procedures and processes evolve over time
- Remain familiar with relevant securities industry developments, specifically those impacting the activities of assigned portfolios and/or internal clients and custodial service providers
- Exercise initiative to assist department management in the review and analysis of established procedures and processes, making recommendations to ensure that efficient and flexible service is always provided to clients
- Provide assistance to other team members and the management team when required
- Adhere to and reinforce established SOX documentation
- Participate in inter-department cross-training to ensure continuity of service
- Sign off all daily reconciliations to meet deadlines stipulated in the Service Level Agreement
Qualifications:
- Bachelor's Degree in Investment and Finance, Accounting, or similar fields
- Minimum of 2 years work experience in reconciliation in a banking or securities administration environment
- Knowledge of securities instruments/settlements, foreign exchange and derivative instruments and/or settlements, and banking processes
- Thorough knowledge of complex securities would be an asset
- Investment accounting knowledge
- Computer literate with proficiency in Microsoft Office applications
- Knowledge of back-office accounting systems such as internal investment systems, custodian reporting systems, Bloomberg, and reconciliation systems would be an advantage
- Must be willing to work the night shift
Let's make every day better together. Learn about our opportunities at JOBS.MANULIFE.COM
