Job Description
Position: Financial Operations Analyst
Location: Montreal / Hybrid
OUR CLIENT
Our client is a portfolio management based in Montreal. Our client is at the crossroads of many disciplines such as wealth management, financial and tax planning, law, and philanthropy, to name a few. Their ambition is to provide their clients with personalized and global support within a unique and independent structure.
Our client is currently seeking a “Financial Operations Analyst” to support their investment teams.
Responsibilities:
- Open bank and/or custodian accounts
- Ensure client file compliance (IPS, service agreements, communications, etc.)
- Process and follow operational instructions related to financial transactions and their settlement
- Verify the accuracy of information from custodians
- Interpret and apply data mapping principles between internal systems and external platforms
- Reconcile custodian data with internal investment accounting system and resolve discrepancies
- Enter transactions into the internal investment accounting system in a timely manner
- Liaise with external counterparties to resolve reconciliation issues
- Maintain communication with service providers, including custodians
- Prepare subscription and redemption documents for funds
- Verify NAV (Net Asset Value) of funds managed
- Document and update department procedures
- Prepare various back-office and investment-related reports
- Assist in the preparation and distribution of client reports
- Perform any other related tasks as required
Required Qualifications:
- B.B.A. or related field.
- Understanding of interactions between portfolio management firms and their intermediaries.
- Good knowledge of financial products (including private investment funds, equities, ETFs, mutual funds), various settlement and clearing platforms, and securities operations.
- Good knowledge of Microsoft Office and Excel, as well as portfolio management systems (Harmony is an asset).
- Excellent attention to detail (diligence and precision).
- Strong organizational skills.
- Self-motivated and capable of taking initiatives, identifying and solving problems, and making improvements.
- Good oral and written communication skills.
- Ability to work effectively independently and with colleagues in a team environment.
- Versatile and open-minded.
Our client Offers:
- Competitive salary.
- Comprehensive benefits package from the start.
- A flexible and stimulating work environment (partially remote) offering daily challenges and the opportunity to showcase your talents.