Toronto, ON, M5R 1A6, CAN
12 hours ago
Analyst, Operations Control Reconciliation
Analyst, Operations Control Reconciliation Requisition ID: 219078 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Purpose:** The Reconciliation Analyst is responsible for reconciling and overseeing all complex facets associated with the cash and security clearance & ledger activities and in so doing ensure an appropriate level of operational efficiency, strict adherence to Bank and regulatory policies and procedures and escalation of issues to management consistent with our internal and external customers’ needs is maintained and effective procedural and management controls are in place. **Is this role right for you? In this role, you will:** The Reconciliation Analyst ensures that operational efficiency of the Reconciliation and Control unit is maintained at a high level in accordance with approved policies and procedures by: • Completing various complex reconciliations / adjustments (as assigned) • Participate in physical securities count • monitoring outstanding reconciling adjustments • proactively assist other team members as required • assist with staff training / cross training • identifying and pursuing opportunities to improve processing efficiency and / or reduce risk • supporting the implementation of new processes/ systems including conversions & project related activities as required • Understanding departmental and client needs while collaborating with our business partners to focus on building strong relationships and encourage positive experiences • Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions. • Actively pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk • Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge • Preparation / completion of the Regulatory / Internal reporting including audit related activities and participating in mid/year end activities (i.e. physical security counts) Effectively assist the Assistant Managers and Management Team in monitoring related risk and minimizing losses by: • ensuring procedural and management controls are followed • timely distribution of all reconciliations to business partners • ensure control accounts and aged reconciling items are reviewed daily. • following escalation procedures for any potential process deficiencies • proactively work with other processing areas towards uncovering root causes to reduce demand workload and preventing risk exposure through timely and on-going monitoring / analysis of errors. • establishing and maintaining a high degree of processing / correcting adjustments in an accurate and timely manner • responding knowledgeably, promptly, and professionally to client inquiries • providing technical expertise and specialized assistance relative to the various reconciliation / reporting processes **Do you have the skills that will enable you to succeed in this role? – We’d love to work with you if you have:** • 3-5 years of Reconciliation and Accounting Background Experience • Bachelor’s degree in Finance, Accounting or related discipline. • Proficient in Microsoft Office Suits (Word, Excel, PowerPoint) • Overall knowledge of securities, accounting and finance, with some back-office experience. **Interested?** At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That is why we work to grow and diversify talent and engage employees in a performance-oriented culture. **What's in it for you?** Scotiabank wants you to be able to bring your best self to work – and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs. 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, pleaseclick here (https://www.scotiabank.com/careers/en/careers/technical-support-for-applicants.html) . 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.
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