reconciliation specialist in toronto

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job details

toronto, ontario
job category
Finance and Accounting
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job description

Our client, a leading international financial services organization, is hiring a Reconcilation Specialist for a 6 month contract with long term potential.

The Reconciliation Specialist is responsible for reconciliations of cash balances, cash transactions, and securities holdings across all portfolios. The individual will be managing to tight deadlines, with involvement in problem resolutions and timely investigations with custodial banks, and various internal counter parties. The individual will be expected to be a team player and assist with tasks that need to be done within the overall Securities Administration department. This is a multiple incumbent position.

This role covers US, Canada, UK, Asia and the South East Asian territories.

The Reconciliation Specialist is responsible for the administration of the assigned investment portfolio activity including:
a) Reconciliation of cash balances and cash transactions across all portfolios
b) Reconciliation of securities holdings across all portfolios
c) Involvement in problem resolution and investigations with custodial banks and various internal counter parties
d) Timely investigation and response to internal client inquiries
e) Work with other departments within Securities Administration to ensure all outstanding items are cleared in a timely manner
f) Maintain daily and monthly reconciliations filing with proper back up documentations
g) Assist with Internal and External Audits
h) Participate in inter-department cross-training to ensure continuity of service.

Work within existing procedures and processes ensuring clear and concise documentation is created and maintained as such procedures and processes evolve over time.

Remain familiar with relevant securities industry developments specifically those impacting the activities of assigned portfolios and/or internal clients and custodial service provider.

work for one of the world's leading financial services organizations
up to $22/hr
Located at Yonge and Bloor
Excellent work/life balance

Must have knowledge of Securities instruments/settlements and the Custodial banking process (2 years)
• Post secondary education or minimum 2 years work experience in reconciliation in a banking or securities administration environment.
• Successful completion or enrolment in the Canadian Securities Course
• Knowledge of securities instruments/settlements, foreign exchange and derivative instruments/settlements and banking processes.
• Thorough knowledge of complex securities would be an asset
• Investment accounting knowledge.
• P. C. literate with working knowledge of Microsoft Office applications and processing systems such as MAXIMIS, bank reporting systems, Bloomberg and Reconciliation systems
• Client focused with the ability to understand the requirements of clients
• Good problem solving skills.
• High level of accuracy, and attention to details.
• Ability to react quickly and meet tight deadlines maintaining accuracy and thoroughness.
• Good communication and interpersonal skills.
• Demonstrate initiative and team player.
• Ability to adapt to changes, and set priorities.


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Randstad Professionals Canada
Randstad Canada is committed to building a diverse workforce reflective of the diversity of Canada. As a result, we promote employment equity and encourage candidates, especially those who identify as a woman, an Aboriginal person, a person with a disability or a member of a visible minority group, and any others who may contribute to the diversification of our workforce, to apply.

Randstad Canada is also committed to developing an inclusive, barrier-free selection processes and work environments.If contacted in relation to a job opportunity, you should advise your Randstad Representative or your local Randstad branch in a timely fashion of the accommodation measures which must be taken to enable you to be assessed in a fair and equitable manner.Information received relating to accommodation measures will be addressed confidentially.

For all feedback on equity and accommodation needs, please contact your local Randstad Canada Branch.