Senior Financial Reconciliation Analyst to ensure investment transactions are accurately recording in Simcorp Dimension and Aladdin systems

Senior Financial Reconciliation Analyst to ensure investment transactions are accurately recording in Simcorp Dimension and Aladdin systems

Remote MST

Must haves:

• Bachelor’s degree in Commerce, Finance or Mathematics or another related field supplemented by designations such as CSC or CFA.
• 3+ years of related experience in the investment industry
• Advanced understanding of financial markets, institutional asset management, investment regulations, complex investment strategies, investment process and best practices relating to internal controls and procedures.
• In-depth knowledge of current industry settlement practices plus familiarity with various investment products.
• Analytical abilities needed to identify root causes and recommend solutions.

Nice to haves:

• Functional knowledge of SimCorp Dimension or Aladdin would be considered an asset.

Overview

You will help ensure all investment transactions are accurately recorded in SimCorp Dimension and Aladdin systems. This involves confirming cash movements reported by banks and other financial institutions. Your attention to detail will be crucial in verifying all investment holdings reported by our custodians against Aladdin each day. By collaborating with various internal and external partners, you will help protect our clients' financial security by managing and reducing the risk of failed or incorrect transactions. Your work will have a positive impact on the lives of Albertans today and in the future by ensuring all approved investment transactions are recorded accurately and on time

Responsibilities:

• Reviewing cash balances and investment positions in Aladdin and comparing to external bank SWIFT files (Merrill Lynch, Goldman Sachs, RBC, Morgan Stanley State Street, TD).
• Investigating cash payment reconciliation breaks, which includes review of unreconciled items and confirmation with third parties and internal clients.
• Verifying all daily payment activity ensuring investment transactions including trades, corporate action transactions, income activity, maturities, and redemptions have been completely and accurately recorded in the clients systems.
• Identifying opportunities for efficiencies involved in the movement of funds and positions internally and externally and report to management.
• Developing, documenting, and maintaining Standard Operating Procedures (SOPs) for key cash and position reconciliation activities.
• Helping to ensure that all controls the Financial Reconciliation team is responsible for are operating effectively.
• Act as a subject-matter expert, sharing best practices and supporting team capability.