April 12, 2025

Opportunity

This position is open to candidates who are willing to relocate to Alberta, and we encourage all interested individuals to apply.

If you are excited to identify new and novel approaches to operational reporting, the role of Financial Reconciliation Analyst might be just the opportunity you have been waiting for! This is an 18-month fixed-term role.

When you invest in your career with AIMCo you join one of the most respected and fastest growing institutional investors in the world with a total fund that is in excess of $160B CAD. We are a data driven organization and rely on emerging disciplines to enhance our organizational-wide decision making. We leverage best-in-breed and bespoke technology platforms, many of which are cloud-based solutions.

You will help ensure all investment transactions are accurately recorded in AIMCo’s system, SimCorp Dimensions (SCD). 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 SCD. Each day, you will ensure transactions between AIMCo’s other flagship systems (CRTS, PLM, Calypso, and Eagle) and SCD are complete. 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.

Note: This posting will expire at 11:59PM MST on April 11, 2025

Responsibilities Include:

• Reviewing AIMCo’s Investment Accounting system’s (SCD) Payment Reconciliation module to external bank SWIFT files (Merrill Lynch, Goldman Sachs, RBC, Morgan Stanley State Street, TD)

• Investigating SCD 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 AIMCo’s book of record

• Reconciling all the position and transaction reconciliations in place between SCD and its partner systems CRTS, PLM, Calypso and Eagle

• Identifying opportunities for efficiencies involved in the movement of funds and positions internally and externally and report to management

• Helping to ensure that all controls the Financial Reconciliation team is responsible for are operating effectively

Our Ideal Candidate:

• Bachelor’s degree in Commerce, Finance or Mathematics or another related field

• Designations such as CSC or CFA is an asset but not required.

• 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

• Basic knowledge of SCD investment accounting system is an asset

• Analytical abilities needed to identify root-cause and recommend solutions

• Ability to work independently, collaborate effectively to solution problems and make resolve challenges in a timely manner

• Comfortable multi-tasking, while completing work with a high attention to detail

• Demonstrates a strong commitment to AIMCo’s core values of excellence, transparency, humility, integrity and collaboration, and inspires the same in others

Success:  

• Demonstration of the ability to take initiative and be inquisitive

• Embraces a growth mindset and embraces opportunities

Next Steps

We are excited to meet you. Please submit your resume or CV to be considered for this opportunity. Applications are being reviewed on a rolling basis and we will be in touch with any questions.

Final candidates will be asked to undergo a security screening, which includes a credit bureau and a criminal record investigation, the results of which must be acceptable to AIMCo.

ALERT - Be on the lookout for AIMCo career opportunities advertised through third parties that request an application fee or too much information. To verify, all opportunities are posted on aimco.ca/jobs
 

Just like our investments, our international team is stronger when we are diversified. At AIMCo, we draw upon the differences in who we are, where we come from, and the way we think to foster sophisticated solutions for Albertans. Doing business the right way means building an equitable organization inclusive of all races, genders, ages, abilities, religions, neurodiversity, identities, and lived experiences. Simply put, when you can show up as your authentic self every day, you and your team can truly thrive — all in service of our clients and their beneficiaries.