Manager, Transaction Control and Reconciliation

The Transaction Control & Reconciliation team is responsible for two critical areas of operational oversight. First the team ensures the integrity and accuracy of CPP Investments accounting book of record and financing systems by performing comprehensive reconciliations against custodians prime brokers and global banking partners. Second the team facilitates the timely and secure execution of external wire payments including the setup and governance of standard settlement instructions and the execution of verification protocols such as counterparty call-backs.

As a Manager Transaction Control and Reconciliations Investment Operations you will lead a team responsible for maintaining operational controls mitigating risk and supporting enterprise-wide financial integrity. This role ensures that operational processes align with internal policies and service-level standards while driving continuous process improvements team development and cross-functional collaboration across Operations Technology and Investment teams.

Accountabilities:

• Oversee daily cash and position reconciliations: Ensure accurate comparison between the internal book of record and external data from custodians prime brokers and banking partners to maintain financial integrity and enable timely issue resolution.
• Lead the execution and governance of external wire payments: Manage the end-to-end process of initiating verifying and settling outbound fund transfers including setup of settlement instructions and completion of counterparty call-backs to ensure security and accuracy of transactions.
• Maintain and enhance reconciliation processes and tools: Supervise the design implementation and continuous improvement of reconciliation workflows and systems to support operational efficiency control standards and stakeholder needs.
• Develop document and monitor operational procedures and metrics: Establish robust processes and controls by maintaining clear documentation that supports consistent execution and knowledge transfer. Define track and report on key operational metrics to monitor performance and drive improvement.
• Identify and resolve reconciliation breaks and payment exceptions: Investigate root causes coordinate with internal and external stakeholders and implement corrective actions to minimize risk and ensure timely resolution of discrepancies.
• Foster a high-performing team environment: Provide coaching mentorship and cross-training to team members building bench strength promoting flexibility and supporting career development within the group.
• Drive continuous improvement and operational excellence: Evaluate existing processes for efficiency scalability and accuracy; lead or contribute to initiatives that enhance the teams effectiveness and adaptability to evolving business needs.

Qualifications :

• Undergraduate degree in Finance Accounting Business Administration or a related field.
• Minimum of 5-7 years of progressive experience in investment operations cash management or financial controls with at least 2 years in a leadership or supervisory capacity.
• Professional designations such as CFA CPA or CTP are considered an asset.
• Experience with reconciliation tools and payment platforms is considered an asset.
• Strong understanding of financial instruments across public and private markets.
• Strong analytical and management skills are essential to succeed in this role.

Additional Information :

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At CPP Investments we are committed to diversity and equitable access to employment opportunities based on ability.

We thank all applicants for their interest but will only contact candidates selected to advance in the hiring process. 

Our Commitment to Inclusion and Diversity:

In addition to being dedicated to building a workforce that reflects diverse talent we are committed to fostering an inclusive and accessible experience. If you require an accommodation for any part of the recruitment process (including alternate formats of materials accessible meeting rooms etc.) please let us know and we will work with you to meet your needs.

Disclaimer:

CPP Investments does not accept resumes from employment placement agencies head-hunters or recruitment suppliers that are not in a formal contractual arrangement with us. Our recruitment supplier arrangements are restricted to specific hiring needs and do not include this or other web-site job postings. Any resume or other information received from a supplier not approved by CPP Investments to provide resumes to this posting or web-site will be considered unsolicited and will not be considered.  CPP Investments will not pay any referral placement or other fee for the supply of such unsolicited resumes or information.

Remote Work :

No

Employment Type :

Full-time