Job Posting for Senior Portfolio Administrator, SMA at CIBC Mellon
Responsibilities
Execute critical daily processes to provide essential inputs for trades from the Investment Managers in separately managed accounts, with a focus on larger and more complex accounts
Supporting the Supervisor and being the first point of escalation for any issues or problems that arise during daily operations
Ensure correct and timely post-execution reporting of trades
Receive securities trades on a daily basis from Investment Managers, ensuring the trades are accurately and promptly matched and entered to the portfolio accounts' records
Perform reconciliations and identify, report and escalate portfolio security discrepancies
Participate in departmental initiatives and projects
Operate and support investment management and trade order management system
Work with traders/investment managers, and custodians/prime brokers to identify, investigate and resolve portfolio discrepancies, overdrafts and money market trade settlement problems; focus on larger and more complex transactions and issue resolution
Minimize risk and operational losses by adhering to established policies and procedures
Providing training, guidance, and assistance to team members with daily activities as needed
Qualifications
Education/Experience
Four years of experience in an accounting/operations related position; experience with mutual funds, securities/investments, cash management and reconciliation is preferred
Post-secondary degree in accounting/finance/business/commerce or equivalent
Successful completion of the CSC is preferred
Specific Knowledge & Skills
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 would be an asset;
Strong attention to detail coupled with proven research and problem-solving skills;
Ability to work independently in a time sensitive environment and deal with fluctuating work volumes;
Strong communication skills, both written and verbal;
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