Senior Analyst NAV Solutions Oversight 217032
Senior Analyst NAV Solutions Oversight 217032
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Job Description
Requisition ID: 217032
Join a purpose driven winning team committed to results in an inclusive and highperforming culture.
The Senior Analyst NAV Solutions and Oversight is responsible for a wide range of fund administration tasks including NAV Oversight review and reconciliation cash management performance and fees calculation. They will also provide support as a Subject Matter Expert (SME) in various areas such as relationship management and continuous improvement with Asset Management Operations.
Is this role right for you In this role you will:
- Provide daily NAV oversight for mutual funds private funds and ETFs ensuring all transactions are accurately reflected in the NAV performance
- Prepare review and analyze various reconciliations as well as daily NAV price checks and periodic distributions to the Transfer Agency system
- Manage cash forecasting to ensure sufficient liquidity for fund operations
- Execute overnight cash sweep deposits to optimize cash utilization
- Review and analyze weekly cash exceptions identify discrepancies and coordinate with relevant parties for resolution
- Ensure all performance calculations are accurate and comply with regulatory requirements and are reasonable against benchmark
- Calculate series hedging to manage fund exposures and send trade tickets to FX Traders
- Calculate and review expenses and fees to ensure they are in line with fund agreements
- Act as a Subject Matter Expert (SME) supporting internal and external inquiries investigations and problem resolutions
- Support fund administration providers system providers and media with accurate and timely information
- Provide detailed reporting and analytics to SGAM NAV Solutions portfolio managers and business partners
- Develop and maintain close working relationships with internal and external partners
- Collaborate effectively to ensure smooth fund operations and compliance with all regulatory requirements
- Work closely with management to execute Business Continuity Plan (BCP) related activities ensuring readiness for any disruptions
- Continuously review business operations to identify gaps minimize risk exposures and implement efficiency improvements
- Work closely with management to identify efficiency and new reporting capabilities to embrace continuous improvement initiatives
- Document new processes and procedures provide training materials and conduct walkthroughs of workflows to ensure all team members are up to date
Do you have the skills that will enable you to succeed in this role Wed love to work with you if you have:
- University degree in business accounting finance or equivalent
- CPA/CFA/PMP designation or active candidacy is an asset
- Minimum 3 years of mutual fund experience is required and 1 year of project management experience is an asset
- Experience with regulatory reporting requirements in Canadian Mutual Fund Industry such as OSC and IFIC is an asset
- Strong proficiency in fund accounting systems as well as knowledge in Bloomberg terminal
- Strong proficiency in investigation via Trial Balances ledger review as well as transaction review
- Proficiency in Microsoft Outlook Excel Access and PowerPoint
- Effective communication skills both written and verbal
- Strong analytical and problemsolving skills
- Strong teamwork via collaboration and cooperation
- Strong time management skills capacity to multitask and works well under pressure
- The ability to write Excel macro via VBA is an advantage
- Database management skills is an advantage
Location(s): Canada : Ontario : Toronto
Scotiabank is a leading bank in the Americas. Guided by our purpose: for every future we help our customers their families and their communities achieve success through a broad range of advice products and services including personal and commercial banking wealth management and private banking corporate and investment banking and capital markets.
At Scotiabank we value the unique skills and experiences each individual brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including but not limited to an accessible interview site alternate format documents ASL Interpreter or Assistive Technology) during the recruitment and selection process please let our Recruitment team know. If you require technical assistance please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however only those candidates who are selected for an interview will be contacted.
Required Experience:
Senior IC
Employment Type
Full Time
