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Senior Reconciliation Lead to oversee reconciliation strategy, planning, execution, and validation activities across multiple banking data domains during t

Toronto, ON
  • To be discussed
  • Contract job

  • Published since 7 day(s)

  • 1 position to fill as soon as possible

Our Financial Services Client is looking for a Senior Reconciliation Lead to oversee reconciliation strategy, planning, execution, and validation activities across multiple banking data domains during the migration and integration process.


6 months contract, possibilities of extensions; 100% Remote (Candidates must be located in ON, AB, BC and work Pst hours)


Overview

This individual will act as the central coordination point between business stakeholders, architects, data migration teams, business analysts, finance teams, and operational leaders to ensure all migrated data is complete, accurate, auditable, and reconciled prior to production cutover.

This role is critical to the success of the merger and will help establish reconciliation standards, methodologies, and controls that can be leveraged for future acquisition and integration initiatives.


Must-Have:

  • 8+ years of experience in reconciliation, data migration, financial operations, or banking transformation programs
  • Strong financial services, banking, or credit union experience
  • Proven experience supporting large-scale:
  • Core banking migrations
  • Data conversion programs
  • Merger and acquisition integrations
  • Enterprise transformation initiatives
  • Deep understanding of:
  • Financial reconciliations
  • Data validation processes
  • Data quality controls
  • Audit and compliance requirements
  • Experience managing complex reconciliation activities across multiple systems and business domains
  • Strong stakeholder management and leadership skills


Nice to Have:

  • Experience with banking products including:
  • Deposits
  • Lending
  • Cards and payments
  • Registered products
  • Experience supporting conversion dress rehearsals and production cutovers
  • Knowledge of data migration methodologies and reconciliation tooling
  • Experience working alongside enterprise architecture and integration teams
  • Exposure to credit union environments
  • Understanding of regulatory reporting and audit requirements


Responsibilities:

Gather all reconciliation requirements from different data domains and develop reconciliation strategy, reconciliation tools and queries and drive reconciliation activities from development to Go live. Will cover reconciliation on:

- Wealthview Membership vs. T24 CIF and Container

- Retail vs Business vs Non-Member Non-Transacting vs Non-Member Transacting parties

- Debit Card (post PAN Consolidation)

- Membership Shares

- Registered Plans and Products, regulatory contributions/withdrawals, etc.

- Everyday banking Demands, fees and charges

- LOCs, Term Loans, Mortgages, delinquencies

- Credit Interest Accruals

- Debit Interest Accruals

- Dormancy

- GL Accounting

- Non Registered Tax Reporting (T5 and NR4 interest)

Disclaimer:
AI may be used in evaluating candidates.
This posting is for an existing vacancy.
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Requirements

Level of education

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Diploma

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Work experience (years)

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Written languages

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Spoken languages

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