|Reference # :||18-10453||Title :||Financial Analyst - Junior|
|Location :||TORONTO, ON|
|Position Type :||Full Time/Contract|
|Experience Level :||Start Date / End Date :||02/04/2019 / 02/03/2020|
|Job Title: Senior Analyst Financial Governance & Compliance Oversight|
Duration: 12 months (possibility of extension)
Location: Toronto, ON
The Senior Analyst , Financial Governance & Compliance Oversight will provide value added ideas, advice and recommendations with the execution and monitoring of the compliance framework that spans numerous jurisdictions and regulators within Capital Markets Finance (CMF).
Responsibilities include (but are not limited to):
Governance and Analysis / Results
? Perform quarterly high risk area (HRA) testing as agreed with the chief accountant's group.
? Perform quarterly balance sheet reconciliation testing as per Balance Sheet Account Reconciliation Standard
? Update and test the Business Continuity Plan ( "BCP?) for all new hires, new processes, or new groups reporting into CMF.
? Work with Director, Financial Governance and Compliance Oversight to ensure adequate action plans have been developed for the resolution of outstanding issues.
? Monitor the timely implementation of the action plans highlighting potential problems in a timely fashion.
? Facilitate the financial governance process to support the quarterly financial governance attestation of CM Executives.
? Manage the CM Commercial Membership listing through ongoing discussions with the CM Business Managers.
? Provide attestation to the validity of financial results and highlight significant information including variances, trends, opportunities and exposures to their Manager.
? Provide information and support the process for internal (Corporate and SOX) and external audits ensuring that requests are managed effectively and efficiently.
? Complete/support the completion of all regulatory and external reporting requirements ensuring accuracy and timeliness of information.
? Assist in the development and maintenance of all financial governance legal entity templates
? Develop and implement procedures to ensure Bank complies with enterprise wide records retention requirements
? Play a support role in the development and ongoing evolution of the financial governance and compliance functions within CMF.
? Ensuring new groups reporting to CMF are in compliance with Banks' policies and audit requirements. Develop and implement procedures with new groups to ensure all requirements are met.
? Confidentiality list update and distribution of best practices to all employees deemed to have possession of CM confidential information.
? Help coordinate activities with other risk management and control functions across the enterprise.
? Assist with the due diligence required in the context of the quarterly Financial Governance attestation process.
? Work with Director, Financial Governance and Compliance Oversight to ensure that effective procedures for the follow up of Issues are in place, and review and assess these on a periodic basis recommending changes / enhancements as appropriate
? Provide periodic reports to the Director, Financial Governance and Compliance Oversight on the state of issue resolution.
? Provide advice and consultation in the development of SOX controls by working with various senior management teams across CM Finance
? Perform Broker Dealer Monitoring & Testing to comply with CMF Business Unit Compliance program.
? Monitor and Support the units Sensitive leave and Authorization reviews.
? Assist or participate in project teams as required.
? Assist with special financial governance or compliance projects as required.
? Work with Senior CMF staff to ensure that all new, existing, and departing employees comply with Banks' policies and Corporate Audit requirements. This includes monitoring and reviewing training requirements, physical/logical access, shared drives, possession of confidential information, administrative requirements, etc.
? Ensure all CMF staff complies with pre-clearing of trade policy.
? Assist in ensuring expeditious resolution of issues raised in the audits of Banks' Nesbitt Burns Inc. by IIROC, shareholders auditors or corporate audit.
Change & Innovation
? Optimize the use of new technology and information systems updates to improve processes and system efficiencies
? Support the operationalization of business/function change initiatives to ensure optimal effectiveness and efficiency from a finance perspective.
? Collaborate with finance colleagues to support changes within the finance team
? 1 to 3 years of relevant work experience, preferably in an audit firm or Financial Institution.
? Knowledge of financial products and services.
? Relevant business experience preferably in an investment banking environment.
? Proficiency with computer software applications, especially word processing and spreadsheet applications.
? Good written and oral skills; analytical skills; relationship building skills.
? Some knowledge of business of Capital Markets, applicable regulations; knowledge of the risks associated with business area and the methods used to manage risks; knowledge of financial products and services.
? Experience in dealing with regulators and auditors.
? Undergraduate degree from a recognized university with emphasis in Finance.
Nice to have skills/experience:
? A professional designation would be an asset (egs CPA, CMA, CFA, CGA).
? Any experience with Audit (internal and external Audits)
? Derivatives, securities or broker dealer experience is a very nice to have
? Repo or reverse repo
? Equities derivatives trading
? Experience with working with large databases would be an asset. Essbase or smart view are preferable
? University degree in a related field