Job Description

SLC Management is a growing global asset management firm providing innovative and diversified investment solutions to institutional investors. We are breaking new ground with a full spectrum of solutions for a growing institutional client base of more than 1300 organizations. Our history of organic and strategic growth reflects this commitment with over CA$335/US$260 billion in assets under management (AUM). As a subsidiary of Sun Life, we are aligned with one of the world\xe2\x80\x99s leading financial services companies, and benefit from the stability and strength of that relationship.

We are a performance-driven organization with a deliberate focus on fostering a development-focused, inclusive culture revolving around our Core Values of being client obsessed, valuing each other, acting with speed and having an owner\xe2\x80\x99s mindset. As part of our team, you play a role in fulfilling our purpose and making a difference. We offer a rewarding work environment that is filled with opportunity for growth where you will be empowered to meet the challenges of a highly competitive landscape.

Hybrid Work Model

SLC Management operates in a hybrid environment with a mix of in-office and virtual work where our employees are empowered to do their best. Generally, employees are expected to work three days in-office each week with flexibility depending on their business, client and team needs.

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As a Senior Associate on the Derivatives Accounting team within SLC Finance you will be responsible for the financial accounting, analytics and reporting for Sun Life\xe2\x80\x99s C$72 billion global derivatives portfolio. The portfolio includes interest rate swaps, cross-currency swaps, credit derivatives, equity swaps, futures, floors, FX forwards, options, bond forwards and total return forwards.

Reporting to the Senior Director, Derivatives Accounting, the role of Senior Associate directly supports the monthly, quarterly and annual close processes of the Derivatives team, including production, analysis and reporting of the financial results on IFRS, NAIC, regulatory and tax bases. Deliverables from this team are highly visible to senior management, requiring strong technical proficiency, analytical insight and operational efficiency to meet the requirements.

What will you do?

Complete journal entries, daily/ad-hoc reconciliations of cash & other accounts

Monthly, quarterly and ad hoc reporting from Derivatives Data Mart (using WEBI) to support financial statement notes, MD&A, regulatory requirements, position roll forwards, cash flow reporting, and management analysis and reporting

Preparation of monthly, quarterly and ad hoc analytics to quantify and explain derivatives activity and market impact on valuation

Prepare/review hedge accounting journal entries, effectiveness testing and reporting, including with third party service provider (Reval)

Prepare/update process documentation, execute and provide audit support for S-Ox financial controls

Prepare working papers and support audit requests from both internal and external auditors

Understand accounting policies, procedures, systems and controls to ensure that the financial reporting is compliant with governing accounting and regulatory requirements

Leverage Data Mart reporting tools and functionality to meet business requirements and enhance operational efficiency

What do you need to succeed?

Bachelor\xe2\x80\x99s degree with CPA designation

CFA designation or enrolment is an asset

3-5 years of related experience in the life insurance or financial services industry

Experience with global consolidated accounting and reporting as well as reporting using different data sets

Strong Excel and macro skills as well as strong analytical and general ledger analysis skills

Strong applied knowledge of IFRS for financial instruments; NAIC accounting knowledge is an asset

Knowledge of, or previous experience with, various derivative contracts, derivative operations and derivative valuation is an asset

WEBI database reporting and analysis

Hedge accounting experience is an asset

What\xe2\x80\x99s in it for you?

20 days vacation per year

Flexible Benefits from the day you join to meet the needs of you and your family

Pension, stock and savings programs to help build and enhance your future financial security

Wellness programs that support the three pillars of your health \xe2\x80\x93 mental, physical and financial

Fitness and wellness programs that help you balance work and life and enjoy a healthier lifestyle

About SLC Mangement

SLC Management is a growing global asset management firm providing innovative and diversified investment solutions to institutional investors. We are breaking new ground with a full spectrum of solutions for a growing institutional client base of more than 1300 organizations. Our history of organic and strategic growth reflects this commitment with over CA$335/US$260 billion in assets under management (AUM). As a subsidiary of Sun Life, we are aligned with one of the world\xe2\x80\x99s leading financial services companies, and benefit from the stability and strength of that relationship.

We are a performance-driven organization with a deliberate focus on fostering a development-focused, inclusive culture revolving around our Core Values of being client obsessed, valuing each other, acting with speed and having an owner\xe2\x80\x99s mindset. As part of our team, you play a role in fulfilling our purpose and making a difference. We offer a rewarding work environment that is filled with opportunity for growth where you will be empowered to meet the challenges of a highly competitive landscape.

SLC Management is a regulated business, and this means that there are certain financial reporting and trading preclearance requirements for all employees. Successful candidates will be required to declare personal investment accounts and securities investments as well as seek preclearance on future transactions including those of household members.

Hybrid Work Model

SLC Management operates in a hybrid environment with a mix of in-office and virtual work where our employees are empowered to do their best. Generally, employees are expected to work two-three days in-office each week with flexibility depending on their business, client and team needs.

Why SLC Management?

• Opportunity to work for a growing global institutional asset manager
• Excellent benefits and wellness programs to support the three pillars of your well-being \xe2\x80\x93 mental, physical and financial \xe2\x80\x93 including generous vacation and sick time, market-leading maternity, parental and adoption leave top up program, a partially-paid sabbatical program and much more
• Pension, stock and savings programs with an employer-paid match to help build and enhance your future financial security
• A flexible hybrid work environment with a friendly, caring, collaborative and inclusive culture focused on career growth development #WeWinAsATeam
• The opportunity to move along a variety of career paths with amazing networking potential
• Award winning workplace culture - Great Place to Work\xc2\xae Certified in Canada and the U.S., 2021 \xe2\x80\x9cBest Places to Work\xe2\x80\x9d by Glassdoor, Award for Excellence for Mental Health at Work - 2021, \xe2\x80\x9cBest Places to Work in Money Management\xe2\x80\x9d by Pension & Investments

SLC Management is a regulated business, and this means that there are certain financial reporting and trading preclearance requirements for all employees. Successful candidates will be required to declare personal investment accounts and securities investments as well as seek preclearance on future transactions including those of household members.

Job Category: Finance

Salary Range 74,100/74 100 - 120,800/120 800

The Base Pay range is for the primary location of the job. It may vary depending on the work location of the successful candidate or other factors. In addition to Base Pay, eligible employees participate in various incentive plans, payment under which is discretionary and subject to individual and company performance. Certain sales focused roles have sales incentive plans based on individual or group sales results.

We are committed to fostering a diverse, equitable and inclusive environment, where all employees feel valued, respected, and supported. We are dedicated to building a diverse workforce offering wide perspectives and creative ideas that benefit our clients, teams and the communities where we operate. We welcome applications from qualified individuals from all backgrounds.

Persons with disabilities who need accommodation in the application process or those needing job postings in an alternative format may e-mail a request to

We thank all applicants for showing an interest in this position. Only those selected for an interview will be contacted.

Sun Life Financial