Manager, Cash Management and Investment Control

6 months ago

Toronto, Canada Fidelity Investments Full time

Job Description

You will be working on a predefined hybrid schedule as part of Fidelity’s dynamic working arrangement.

Current work authorization for Canada is required for all openings.

At Fidelity, we’ve been helping Canadian investors build better financial futures for over 35 years. We offer individuals and institutions a range of trusted investment portfolios and services - and we’re constantly seeking to find new and better ways to help our clients. As a privately owned company, we boldly embrace innovation in all areas as we continue to grow our business into the future.

Working with us means you’ll be part of a diverse and dedicated group of people who make a real difference for our clients and communities every day. You’ll have a wide range of opportunities to grow and develop your career in an inclusive environment where you’ll feel valued and supported to be your best - both personally and professionally.

Manager CMIC (Cash Management and Investment Control)

Business Overview:
Cash Management and Investment Control (CMIC) is a team within the Client Services Division. The team is responsible for bank account reconciliation, internal money movement, tax remittance, and managing the net cash process for Fidelity fund money movement between Fidelity and the custodian. Outcomes are achieved through partnering with teams across Fidelity and 3rd party stakeholders.

How You’ll Make an Impact:
Position Overview

The Manager, Cash Management and Investment Control (CMIC) is responsible for day-to-day service delivery within the CMIC department. This includes: management and oversight of the daily operations within the team, managing staff performance and development, ensuring appropriate risk mitigation through effective control processes and providing ongoing support to divisional and corporate initiatives through strategic business planning.

Key Accountabilities

Daily operations
- Provide monitoring, oversight and support for all bank reconciliation and residual processing, including internal money movements and tax remittances.
- Support the team through variance resolution including working with teams across Client Services to identify root cause.
- Provide support and oversight for the daily net cash processes, including ensuring reporting is completed accurately and on time for downstream partners.
- Ensure all related Fidelity Fund money movements are reported and completed accurately between FIC and the third-party custodian.
- Effectively resolve issues through analysis and monitoring
- Ensure policies and procedures are effectively administered within the department and controls are in place

Service delivery & strategic initiatives
- Responsible for the development and implementation of operational strategies (processes, policies, controls, and metrics) that align with divisional objectives.
- Recommend and implement enhancements to existing business processes resulting in increased efficiencies and/or improved controls.
- Establish and maintain a continuous improvement culture within CMIC.
- Build and maintain relationships with internal and external business partners

People management
- Engage employees in establishing clear and measurable goals that achieve business results
- Engage employees in establishing clear and measurable goals that achieve business results
- Support employee growth and development within the team
- Manage the day-to-day activities of the CMIC department.
- Oversee and administer all aspects of workforce planning and management and Business Continuity Planning (BCP).

What We Are Looking For:
Experience
- 5 - 10 years of relevant financial services industry experience, preferably in the mutual fund and pension industry
- 3 - 5 years of experience managing people
- Strong working knowledge of mutual fund industry is required

**Education**:

- University education preferably with a focus on business, finance, or accounting, or a combination of equivalent education and work experience

Designations, Licenses, or Accreditations
- Canadian Securities Course (CSC) or Chartered Financial Analyst (CFA) is an asset

This is the right opportunity for you if you:

- Enjoy being part of a community
- Enjoy finding better ways to do things
- Like seeing the impact of your work immediately
- Pro-active, and highly motivated results producer
- Able to deliver against business objectives and service standards
- Proven ability to build, manage and foster a team environment
- Proven ability to work creatively and analytically in a problem-solving environment
- Strong planning, preparation, and organizational skills
- Solid communication skills with strong technical writing and presentation skills
- Solid interpersonal and collaboration skills, including ability to build consensus
- Solid knowledge of capital markets, back-office operations, risk management, fund or trust accounting, cash management and best practices

Some of the ways we’ll help you feel valu

  • Team Manager Cmic

    6 months ago

    Toronto, Canada Fidelity Investments Full time

    Job Description You will be working on a predefined hybrid schedule as part of Fidelity’s dynamic working arrangement. Current work authorization for Canada is required for all openings. At Fidelity, we’ve been helping Canadian investors build better financial futures for over 35 years. We offer individuals and institutions a range of trusted...

  • Strategic Investment Manager

    2 weeks ago

    Old Toronto, Canada MFS Investment Management Full time

    About the RoleWe are seeking a highly skilled Strategic Investment Manager to join our team at MFS Investment Management in Toronto, Canada. This is an exciting opportunity to work with our clients and intermediaries in a dual role, focusing on relationship management and sales.As a key member of our Institutional Sales Group Retirement team, you will be...

  • Investment Manager

    2 weeks ago

    Toronto, Ontario, Canada DIF Management Canada ULC Full time

    Job Title: Investment ManagerWe are seeking a highly skilled Investment Manager to join our team at DIF Management Canada ULC. This is a fantastic opportunity for an experienced professional to take on a challenging role and contribute to the growth of our organization.About the Role:As an Investment Manager, you will be responsible for evaluating financial...

  • Inventory Control Manager

    2 weeks ago

    Toronto, Ontario, Canada A-1 Cash and Carry Full time

    Job DescriptionWe are seeking a skilled Inventory Control Manager to join our team at A-1 Cash and Carry. This is a permanent, full-time position with a salary range of $45,000 - $60,000 per year.The successful candidate will be responsible for coordinating activities with other work units or departments, preparing and submitting reports, and ensuring smooth...

  • Cash Management Specialist

    6 months ago

    Toronto, Canada Manulife Full time

    Job Description : Work with Operations Leaders and Business Stakeholders to support multiple products, projects, and manage day-to-day business deliverables. Establishing new, and improving existing, processes to ensure optimal efficiency as it relates to operational workflow while adhering to all Firm and regulatory standards. Key Responsibilities: ...

  • Strategic Investment Portfolio Manager

    2 weeks ago

    Toronto, Ontario, Canada DIF Management Canada ULC Full time

    Company OverviewDIF Management Canada ULC is a leading organization that offers innovative investment solutions to its clients. We are seeking a highly skilled Strategic Investment Portfolio Manager to join our team.Job DescriptionWe are looking for an experienced senior investment officer who can manage and optimize investment portfolios, making informed...

  • Cash Management Strategist

    2 weeks ago

    Toronto, Ontario, Canada Element Fleet Management Full time

    As a key player in Element Fleet Management's Treasury organization, the Cash Management Strategist will be responsible for developing and implementing strategies to optimize liquidity management and minimize idle cash while maintaining compliance with risk management policies.The ideal candidate will have a minimum of 5 years of corporate treasury/finance...

  • Analyst, Investment Operations

    3 months ago

    Toronto, Canada OMERS Full time

    Choose a workplace that empowers your impact. Join a global workplace where employees thrive. One that embraces diversity of thought, expertise and experience. A place where you can personalize your employee journey to be — and deliver — your best. We are a purpose-driven, dynamic and sustainable pension plan. An industry leading global investor with...

  • Analyst, Corporate Cash Management

    2 months ago

    Toronto, Canada TD Bank Full time

    **Work Location**: Canada **Hours**: 37.5 **Line of Business**: TD Securities **Pay Details**: **Department Overview**: TD Securities ("TDS") is one of the world's leading wholesale banks with operations spread across 15 locations. TDS is a top-two dealer in Canada with a growing US business and global execution capabilities and is a full-service provider...

  • Investment Management Associate

    1 month ago

    Toronto, Canada AGF Management Limited Full time

    Position Description As an independent and diversified global asset management firm, AGF brings a disciplined approach to delivering excellence in investment management and to providing an exceptional client experience. Being an independent firm has allowed us to make strategic acquisitions that improve our client service experience and enable us to offer...

  • Coordinator Cash Management

    6 months ago

    Toronto, Canada Workplace Safety and Insurance Board Full time

    Plan, coordinate, prioritize and assign work to Cash Management Section staff; research, recommend and implement administrative and control procedures. Participate in the implementation of legislative and policy/operational changes impacting cash management systems and processes. Control and analyze WSIB's cash flow program. Maintain the accuracy, integrity...

  • Strategic Investment Manager

    2 weeks ago

    Old Toronto, Canada Canada Pension Plan Investment Board Full time

    About UsAt Canada Pension Plan Investment Board, we're committed to delivering strong investment returns for the benefits of Canadians. As one of the world's leading institutional investors, we invest globally in all major asset classes.Job OverviewWe're seeking an experienced Director of Investment Structure Management to join our team. In this role, you'll...

  • Manager, Cash Management

    3 months ago

    Toronto, Canada CIBC Full time

    We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients. At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are...

  • Analyst, Cash Operations

    3 months ago

    Toronto, Canada University Pension Plan Full time

    ABOUT UPP UPP is the first pension plan of its kind in Ontario’s university sector, proudly serving over 40,000 members across four universities and fourteen sector organizations. Our purpose is to bring greater retirement peace of mind to the university sector by investing with integrity and serving members with care. As a sector-wide plan designed for...

  • Cash Manager, Treasury

    6 months ago

    Toronto, Canada CIBC Full time

    We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients. At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are...

  • Investment Management Associate

    1 month ago

    Old Toronto, Canada AGF Management Limited Full time

    About AGF Management LimitedAs a leading global asset management firm, AGF Management Limited brings a disciplined approach to delivering excellence in investment management and to providing an exceptional client experience. Our suite of diverse investment solutions extends globally to a wide range of clients, from individual investors and financial advisors...

  • Strategic Partnership Manager

    3 weeks ago

    Old Toronto, Canada MFS Investment Management Full time

    Job SummaryWe are seeking a skilled Institutional Sales Specialist to join our team at MFS Investment Management. This role will focus on building and maintaining relationships with our group retirement clients, as well as working with Group Advisors to promote MFS investment strategies in the group retirement market.Key ResponsibilitiesAct as primary...

  • Senior Investment Manager

    2 weeks ago

    Toronto, Ontario, Canada DIF Management Canada ULC Full time

    Job Description:We are seeking a Senior Investment Officer to join our team at DIF Management Canada ULC. As a key member of our investment team, you will be responsible for evaluating financial risk, managing portfolios, and providing investment advice to clients.About the Role:This is a permanent position that requires a minimum of 5 years of experience in...

  • Manager, Cash Management

    1 month ago

    Toronto, Canada CIBC Full time

    We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients. At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are...

  • Investment Management Associate

    1 month ago

    Old Toronto, Canada AGF Management Limited Full time

    Investment Management AssociateApplyLocation: Toronto, ONTime Type: Full timePosted on: Posted 7 Days AgoJob Requisition ID: R11051Position DescriptionAs an independent and diversified global asset management firm, AGF brings a disciplined approach to delivering excellence in investment management and to providing an exceptional client experience. Our suite...