Reconciliation Analyst

Are you interested in joining one of Canada’s top performing asset managers? We are looking for a Reconciliation Analyst, 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 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.
• Knowledge on investigation of the various reconciliation breaks due to shareholder activities, income discrepancies, corporate action breaks, failed trades or derivative breaks.
• Knowledge of various research platforms like Bloomberg or Reuters, etc.
• Experience of navigating 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.