Job Description

General Overview:

Securities Valuation Toronto ("Sec Val - Toronto") is a centralized unit supporting several business units and is broken out into two distinct areas; Fund Level Pricing and Asset Pricing. The Operations Specialist is responsible for administering the execution of daily market valuations for various clients in accordance with each client's Price Source Authorization ("PSA") agreement, standing instructions, and market best practices. Accuracy, timeliness, organization and maintenance of documentation are important to this position.

Responsibilities:

• Preparation and delivery of valuation reports to internal and external clients and/or their agents in a timely manner.
• Adhere to, promote, and educate others on the use of department procedures with respect to the review and approval of portfolio market values.
• Ensure the receipt of all pricing feeds, broker quotes, back-up pricing sources and other relevant data on a daily basis. Identify, research, and resolve prices breaking set tolerance levels.
• Identify, communicate, and resolve fair value situations. Escalate issues to senior members of the team and/or clients as required.
• Perform global pricing tasks in a continuous operations environment.
• Function as a "team-player". Work with peers to achieve group/client/unit goals.
• Continuously expand and improve knowledge of financial instruments, corporate actions, and best valuation practices.
• Maintain proper documentation and back-up for audit purposes.
• Participate in and contribute to unit project initiatives.
• Provide outstanding client service to both internal and external clients.

• College or university designation preferably with a concentration in finance/business/accounting or equivalent work experience
• Experience in securities pricing, fund accounting, or custody operations / securities administration is an asset
• Knowledge of capital markets and complex securities is an asset
• Demonstrate the ability to analyze a problem, obtain and evaluate information and reach sound conclusions
• Must demonstrate the ability to work as a team player
• Excellent communication and interpersonal skills
• Proficient in spreadsheet and database applications such as EXCEL and ACCESS
• Solid administration, organizational and time management skills
• Completion of the Canadian Securities Course and/or Derivatives Fundamentals Course is an asset
• Knowledge of Bloomberg and/or Reuters terminals an asset