Team Leader, Settlements & Reconciliations

At CI, we see a great place to work as one that is a safe place for everyone to have a voice, where people are empowered to take ownership over meaningful work, where there is an opportunity to grow through stretching themselves, where they can work on innovative products and projects, and where employees are supported and engaged in doing so. 

JOB OVERVIEW
We are seeking a highly motivated and detail-oriented senior lead, who will work with a team responsible for the day today operational processes and ensure the integrity of our Book of Records along with financial and operational controls are in place. This role is a posted as a Hybrid Role to be filled. Our firm is undergoing an exciting transformation, and this role will play a key part in the structural change we are looking to implement. This individual will be part of a team of 3-5 staff, and oversee the daily settlements and all balancing with other department's within the firm, and our business partners. This provides a great opportunity for the candidate to work hand in hand and be able to contribute to the overall success of our firm.

WHAT YOU WILL DO

• Assist Director to Lead team of 3-5 settlements administrators and provide guidance, training, and performance management.
• Foster a culture of accountability, continuous improvement, and operational excellence.
• Ensure all settlements for client accounts are executed daily, including transactions and positions across books, and counterparties.
• Investigate and resolve discrepancies promptly to minimize risk and ensure operational accuracy.
• Monitor Team and assist with any outstanding breaks, and/or escalating issues when necessary.
• Monitoring trends and working with internal and external stakeholders to address the underlying root causes.
• Establish and maintain a sound control framework to support the settlement process and mitigate risk.
• Regularly review processes to identify and implement enhancements to improve efficiency and reduce errors.
• Track and report key performance indicators (KPIs) to management, to monitor team performance and process efficiency.

WHAT YOU WILL NEED

• Accounting experience, or a related field; professional certifications (e.g., CPA, CFA) are an asset.
• 5+ years of experience in settlements, financial operations, or a similar function within financial services.
• Strong understanding of settlement processes and operational controls.
• Excellent problem-solving and analytical skills, with attention to detail.
• Strong interpersonal and communication skills, with the ability to collaborate effectively with stakeholders at all levels.
• Canadian Securities Course, IFIC, PFP and other industry courses would be an asset.

Key Competencies:

• Leadership and team development
• Operational efficiency and risk management
• Problem-solving and critical thinking
• Adaptability to change and technology-driven environments.
• Strong organizational and prioritization skills

CI Financial is an independent company offering global wealth management and asset management advisory services through diverse financial services firms. Since 1965, we have consistently anticipated and responded to the changing needs of investors. We are driven by a commitment to provide individuals and institutions with the highest-quality investments and advice.   Our commitment to the highest levels of performance means that whatever their position, CI employees must be comfortable in a fast-paced environment that will stretch them to tap into their highest potential.  Employees with a healthy dose of ambition, a desire to commit to a curious mindset for continuous learning, and a willingness to go the extra mile thrive at CI. 

A Supportive Environment for Success

We offer an in-office environment, competitive benefits, and a supportive workplace to help our employees thrive both personally and professionally.

WHAT WE OFFER 

• Modern HQ location within walking distance from Union Station
• Training Reimbursement
• Paid Professional Designations
• Employee Savings Plan (ESP)
• Corporate Discount Program
• Enhanced group benefits
• Parental Leave Top–up program
• Paid time off for Volunteering 

We are focused on building a diverse and inclusive workforce. If you are excited about this role and are not confident you meet all the qualification requirements, we encourage you to apply to investigate the opportunity further.

Please submit your resume in confidence by clicking “Apply”. Only qualified candidates selected for an interview will be contacted. CI Financial Corp. and all of our affiliates (“CI”) are committed to fair and accessible employment practices and provide reasonable accommodations for persons with disabilities. If you require accommodations in order to apply for any job opportunities, require this posting in an additional format, or require accommodation at any stage of the recruitment process please contact us at [email protected], or call 416-364-1145 ext. 4747.