Manager of Reconciliation

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.

We are seeking a highly motivated and detail-oriented Manager, Reconciliations to oversee the daily reconciliation process and ensure the integrity of our financial and operational controls. Our firm is undergoing an exciting transformation, and this role will play a critical part in driving that change. The successful candidate will be instrumental in supporting the implementation of a new reconciliation platform and establishing a new Target Operating Model (TOM) designed to enhance accountability, clarify roles and responsibilities, and optimize operational performance.

This individual will lead a team of 5-7 reconciliation analysts and ensure that all cash and asset accounts are reconciled daily, with a focus on aligning our book of records with banks, depositories, and counterparties. This is a unique opportunity to contribute to the evolution of our operations while maintaining the highest standards of control and accuracy.

WHAT YOU WILL DO

Leadership & Team Management:

• Lead and manage a team of 5-7 reconciliation analysts, providing guidance, training, and performance management.
• Foster a culture of accountability, continuous improvement, and operational excellence.

Operational Reconciliation Oversight:

• Ensure all cash and asset accounts are reconciled daily, including transactions and positions across books, banks, depositories (CDS/DTC), and counterparties.
• Investigate and resolve discrepancies promptly to minimize risk and ensure operational accuracy.
• Monitor and manage outstanding breaks, escalating issues when necessary.
• Monitoring trends and working with internal and external stakeholders to address the underlying root causes.
• Monitory and manage system to system reconciliations. Ensuring data sent to downstream systems are accurate.

Control Framework Management:

• Establish and maintain a sound control framework to support the reconciliation process and mitigate risk.
• Regularly review processes to identify and implement enhancements to improve efficiency and reduce errors.
• Support the Director, Reconciliation with the implementation of New

Reconciliation Platform & TOM:

• Support the implementation of a new reconciliation platform, including defining requirements, testing, and rollout and training.
• Drive the implementation of a new Target Operating Model (TOM), ensuring clear accountability, defined roles, and responsibilities across the reconciliation process.
• Collaborate with internal and external stakeholders to ensure seamless integration with existing systems and processes.

Reporting & Metrics:

• Prepare and present regular reconciliation metrics and status updates to senior management.
• Track and report key performance indicators (KPIs) to monitor team performance and process efficiency.

WHAT YOU WILL BRING

• Bachelor’s degree in Finance, Accounting, or a related field; professional certifications (e.g., CPA, CFA) are an asset.
• 5+ years of experience in reconciliations, financial operations, or a similar function within financial services.
• Proven leadership experience, with a track record of managing high-performing teams.
• Strong understanding of reconciliation processes (cash and asset – exchange traded, Mutual Funds), and operational controls.
• Experience working with depository systems such as CDS & DTC would be an asset.
• Experience with implementing or upgrading reconciliation platforms and systems is a strong asset.
• 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.
• 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

This role follows our in‑office work model and requires employees to be onsite four days per week to support collaboration and business needs.

This opportunity is for an existing vacancy with the company. The anticipated base salary range for this position is $69,500 to $119,500. Exact salary depends on several factors such as experience, skills, education, and budget. Salary range may vary based on geographic location. In addition to base salary, this position is eligible for participation in a bonus program. In addition, The Company offers a variety of benefits to eligible employees, including health insurance coverage, wellness programs, life and disability insurance, retirement savings plans, paid leave programs, education-related programs, paid holidays and vacation time, and many others. Many of these benefits are subsidized or fully paid for by the company.

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 accessible.recruitment@ci.com, or call 416-364-1145 ext. 4747.