Mutual & Segregated Funds Administration, Adjustment Processing On behalf of our client in the Banking Sector, Procom is looking for a Mutual & Segregated Funds Administration, Adjustment Processing
Mutual & Segregated Funds Administration, Adjustment Processing – Job Description
- The Mutual & Segregated Funds Administration, Adjustment Processing position is a crucial role within the Shareholder Services department
- This role requires maintaining a high level of specialized knowledge related to adjustment processing within the Transaction Processing team, specifically focused on Mutual & Segregated Funds.
- Pre-screen Letters of Indemnity and complete trade corrections and fulfill cash/money movements, as applicable.
- Apply Quality Control procedures to ensure trades are adjusted correctly the first time.
- Monitor Gain/Loss Reports and complete Loss Invoices to reimburse Funds for losses incurred as a result of processing letters of indemnity.
- Update investor accounts by adding messages pertaining to notable actions which have occurred.
- Communicate effectively with both internal and external client groups.
- Assist with the audit of adjusted transactions and departmental processes and procedures.
- Review Client procedures and suggest improvements to processes and procedures
- Work with the Manager to update Desk Operating Procedures and other tasks as assigned.
- Strong technical and analytical skills in running/debugging various Microsoft Office application macros.
Mutual & Segregated Funds Administration, Adjustment Processing – Mandatory Skills
- 1 year of experience is preferred (open to candidates with 6 months of experience)
- Good working knowledge/experience in Mutual Fund and Segregated Funds administration is essential
- Sound knowledge of Error Corrections, compliance/regulation, including Registered Products
- Demonstrated ability to work successfully in a fast-paced, high-stress environment
- Excellent English communication skills, both written and verbal
- Strong technical and analytical skills in running/debugging various applications and macros, including MS Office
Mutual & Segregated Funds Administration, Adjustment Processing – Preferred Skills
- Fundserv knowledge and experience is a bonus
- French language skills are nice to have but not required
Mutual & Segregated Funds Administration, Adjustment Processing – Assignment Start Date ASAP – 12 months to start
Mutual & Segregated Funds Administration, Adjustment Processing – Assignment Location Toronto, ON – Work Onsite
