Senior Data and Performance Analyst - Term position

Scotiabank•Toronto, ON

13d•Onsite

About The Position

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. As a Senior Data and Performance Analyst, you will support Canadian Wealth Management Operations by ensuring the integrity of data quality, pricing, security classification, and CRM2/TCR fee and performance reporting for ScotiaMcLeod and iTRADE. This role is responsible for ensuring accurate book cost, fee, and tax reporting, while delivering compliant and accurate client statements. This is a term position.

Requirements

A University Degree or College Diploma or equivalent
3-5 years’ experience researching and evaluating securities using information from exchanges, pricing vendors and other financial sources
Strong working knowledge of key Wealth Operations systems, including Score, Broadridge, PureFacts, CR, Excel, AS400, Fundserv, and WebPost
Solid investment industry experience within Wealth Operations, with the ability to build effective working relationships across business lines
Strong analytical and problem solving skills, with sound judgment to resolve complex issues while minimizing risk to the firm and advisors
Subject matter knowledge of financial industry regulations, including CRM2 and TCR requirements.
A proven ability to work under pressure, manage competing priorities, and meet service level commitments in a high volume environment
Experience working with and acting on pricing reports, including stale, threshold, and null reports as well as validating price discrepancies for various financial assets
A solid understanding of financial instruments and asset classes including fixed income, equities, derivatives, corporate actions, terms & conditions, reference data and security identifiers including cross-referencing and linking of Issuers and Issues
Advanced knowledge of Microsoft Excel/Access
A focus on client service
Solid organizational skills and attention to detail
The ability to work effectively and collaboratively within a team or independently
The capacity to assess, develop and monitor complex processes
An ability to manage multiple priorities in a fast-paced environment
Excellent verbal and written communication skills
Strong problem-solving and research skills

Nice To Haves

Canadian Securities Course (CSC) is an asset
Visual Basic for Applications (VBA) is an asset

Responsibilities

Review mutual fund and other investment prices on a daily, weekly, and monthly basis by analyzing multiple approved pricing sources, following established pricing hierarchies, and overriding prices in internal systems as required to ensure accuracy, regulatory compliance, and accurate month end client statement reporting
Investigate and resolve pricing discrepancies, including stale, threshold, and null prices, in collaboration with Operations, business partners, and external data vendors to ensure consistent and accurate security valuation across systems
Review and classify new securities daily using multiple internal and external reference sources to ensure accurate and timely security classification within internal wealth systems and client statements
Review daily and monthly CRM2 and TCR fee reports, and identify missing or incorrect fee entries, and upload required data into the Fee BIOS system to support accurate and compliant annual client fee disclosure
Respond to ad hoc book cost requests and investigate discrepancies across systems (including Broadridge and MPower)
Process required adjustments for Scotia Trust, PIC, and MD Financial, ensuring service level agreements are met
Ensure all book cost adjustments processed after year end are reported to the Tax Department & support the generation and delivery of amended T5008 slips to clients, as required
Provide coverage for other desks within the team when team members are away to support continuity of operations
Adjust responsibilities and take on additional tasks as required to meet evolving business needs
Accurately classify financial securities
Determine the correct price to use for end of month statements from approved sources
Resolve inconsistencies in portfolio and security level rate of returns
Ensure that fee reporting is in compliance with CRM2
Provide accurate reporting to senior management, portfolio managers and other interested parties
Perform various adhoc requests related to prices, fees, and portfolio performance and address or escalate any issues
Ensure the integrity of year end CRM2 statements
Provide and support any ad-hod request issues relating to book cost, native cost, and tax cost to ensure our client’s performance reporting, statement and tax reporting are accurate