SENIOR ANALYST, PORTFOLIO MANAGEMENT GROUP – FULL-TIME PERMANENT

  • Full Time
  • Anywhere

COMPANY PROFILE:

Founded in 2009, TAO Administration Inc. is the largest independent structured products administration firm in Canada with approximately $1 billion in assets under administration.

A part of the TAO Group of companies, we are focused on providing the highest quality customized solutions in structured finance and asset administration for our clients and use our depth of experience and subject matter knowledge to navigate through the challenges of administering complex financial products.

 

SUMMARY:

An immediate opportunity exists for a Senior Analyst to join the Portfolio Management Group at TAO Administration Inc. This is a full-time position and is based in TAO’s Toronto office. The position will initially be fully remote due to the COVID-19 pandemic, with flexibility to continue to work remotely after the office reopens.

The role requires a motivated self-starter who will assist in the daily administration and ongoing management of complex structured finance and traditional securitization transactions. The core responsibilities of this role will be focused on executing settlements on a periodic basis using the capabilities of our advanced proprietary system and other technical tools to achieve efficiency and quality in all critical data processing activities. The role includes client and external partner interaction.

The ideal candidate would be able to effectively analyze and translate large amounts of data for application in transaction-related cash settlements and compliance monitoring, working as part of a core team, while demonstrating strong communication skills in interaction with team members and external parties.

 

LOCATION:

  • Temporarily remote,
    11 King Street West, Toronto, Ontario, M5H 4C7

RESPONSIBILITIES AND ACCOUNTABILITIES:

  • Execute settlements on a periodic basis for a variety of simple and complex transactions. Settlement responsibilities include, but are not limited to, the following:
    • Confirm portfolio asset payments, prepare liability settlement calculations/invoices, execute new funding transfers, and reconcile cash balances
    • Update/generate various reports and financial models for monitoring purposes
    • Analyze servicer and portfolio reports to ensure compliance with defined portfolio performance parameters and liaise with third parties to resolve issues
    • Compile raw data received from third parties and update data templates for system upload
    • Complete the required system data uploads and generate/review portfolio validation reports
    • Execute system-related tasks required for new deal set-up that include: creating and testing related Excel-based upload templates, building settlement calculation formulas and creating required settlement reports
  • Complete comprehensive review of monthly reports for internal and external stakeholders
  • Perform various daily operations to support key functions of the business unit
  • Collaborate with the Trust Accounting Group to resolve discrepancies identified during the settlement accounting validation process
  • Complete troubleshooting and resolving issues related to system processes and reporting
  • Assist in process improvement and operational efficiency initiatives by leveraging technology to increase productivity
  • Execute system testing of new functionality as implemented from time to time
  • Perform ad-hoc analysis and reporting as required

ACADEMIC AND TECHNICAL QUALIFICATIONS:

  • Bachelor’s Degree in Accounting, Business Administration, Economics or Mathematics or a related discipline preferred; MBA, CFA, and/or CPA (completed or in progress) considered an asset
  • Advanced proficiency in MS Excel (complex formulas and macro expertise preferred)
  • 5+ years of progressive experience, preferably in the financial services industry
  • Strong working knowledge of data modelling, database concepts and applications
  • Prior experience in operations, treasury, funding or loan administration is preferred

CANDIDATE PROFILE AND ATTRIBUTES:

  • Results driven and detail oriented
  • Excellent analytical, problem solving and organizational skills
  • Solid team player, able to effectively balance changing priorities and varying workload involving numerous deliverables and overlapping deadlines
  • Self-starter with the ability to work under minimal supervision and independently
  • Exceptional communication and interpersonal skills
  • Promotes a positive environment, good morale, cooperation and a commitment to continuous improvement

We thank all applicants for their interest, however, only those candidates selected for an interview will be contacted.

To find out more about TAO Administration Inc., visit us at https://www.taoadmin.ca.

At TAO, we are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation during the recruitment and selection process, please let us know.

To apply for this opportunity, please e-mail your resume and cover letter to careers@taoadmin.ca.

To apply for this job email your details to careers@taoadmin.ca.