Portfolio Administrator, Fx - Toronto, Canada - CIBC Mellon

CIBC Mellon

Verified Company

Toronto, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Company Information:

CIBC Mellon is a leading provider of asset servicing solutions to institutional investors in Canada, including multi-currency accounting, fund valuation, and investment information reporting.

We are passionate about providing exceptional client service backed by our culture of innovation and success.

Our outstanding employee experience will provide you with opportunities to learn and grow professionally while supporting the communities in which you live and work.

We are a diverse and dynamic workplace where employees take an active role in delivering on strategic objectives while advancing their individual career goals.

We encourage innovative thinking and give our employees the support and resources they need to turn great ideas into actions.

Position Overview:

An operations specialist and administrative role that executes critical daily processes to support investments by mutual funds, ETFs and separately managed accounts.

Responsibilities:

Execute critical daily processes to provide essential inputs for mutual funds and FX trades from the Investment Managers
Determine FX requirements for the mutual funds, ETF's and separately managed accounts
Ensure correct and timely postexecution reporting of trades
Receive FX trades on a daily basis from Investment Managers, ensuring the trades are accurately and promptly entered to the portfolio accounts' records
Perform reconciliations and identify, report and escalate portfolio security discrepancies
Work with custodian banks/prime brokers, investment managers, and traders to resolve portfolio discrepancies and market settlement issues
Minimize risk and operational losses by adhering to established policies and procedures

Qualifications:

Two to four years of experience in an accounting/operations related position (experience with mutual funds, securities/investments, foreign currency translation and derivatives preferred)
Postsecondary degree/diploma specializing in Accounting/Finance/Commerce/Business or equivalent
Working towards completion of the Canadian Securities Course
Familiarity with professional information systems
Proficiency in Microsoft Office such as MS Excel and Word; Access would be an asset
Programming/development and data management skills an asset
Ability to work independently in a time sensitive environment and deal with fluctuating work volumes is required
A high attention to detail is required
Strong communication skills, both written and verbal
Knowledge of applicable policies and procedures

CIBC Mellon's Values:

Get it Right Every Day:
Deliver service excellence while always acting with the highest ethical standards

Put Clients at the Centre:
Advocate for clients by listening, sharing knowledge, and bringing the right solutions forward

Be One Family:
Challenge, empower and recognize your colleagues

Take Ownership:
Speak up, speak out, and make things better