The Opportunity

The Portfolio Reconciliation Specialist is responsible in developing and maintaining accurate portfolio information for external clients and internal parties. The person will also be responsible for efficient reconciliation of investment portfolios and provision of investigative support to related business units and Portfolio Managers. This includes timely and accurate comparison of security position, cash balance and transaction and accrual data with that of external parties. Ability to identify weaknesses in the workflow and establish effective control measures. Establish and maintain cordial relationship with various stakeholders including internal and external parties.

What motivates you?

You obsess about customers, listen, engage, and act for their benefit 
You think big, with curiosity to discover ways to use your agile mindset and enable business outcomes 
You thrive in teams, and enjoy getting things done together
You take ownership and build solutions, focusing on what matters 
You do what is right, work with integrity and speak up
You share your humanity, helping us build a diverse and inclusive work environment for everyone

We are looking for someone with:

Bachelor's degree in Business Administration, Accounting, Finance, Economics, or any business-related course.
Atleast 5 years investment bank/asset management/custody/fund accounting experience
Ability to manage and collaborate with global stakeholders
Excellent communicator who can tailor-fit approach to different audiences
Can transform large data into knowledge and insight
Can articulate risk and performance indicators and develop and implement action plans.
Knowledge on execution of transfer agency processes such as settlement cycles and TA prop files.
Experience in monitoring expense accruals account or fund income and distributions
Prior reconciliation experience and knowledge on fund accounting is an advantage.
Applicants should be willing to report at Night
Applicants should be willing to report at Mactan, Lapu-Lapu City

Technical Skills:

Accounting and Reporting
Above average MS Office skills
Researching and sourcing data from various websites and internet databases
Familiarity in using Bloomberg is a definite plus

Nice to Haves:

Experience with Corporate Actions, new fund launches, international trading markets, position, and cash reconciliations
Excellent organization skills
Able to work well in a fast-paced environment
Ability to communicate with all levels of external and internal clients Decision Authorities:
Confirm trades with Brokers if required
Claim vendors if required and issue formal claim document
Full resource management responsibility
Decision making for hiring, terminating, training/developing and compensation changes for the team

On the job you will:

Trade confirmation and settlement support for International Equity, Fixed Income, and Derivative securities
Provide support to International trading desks located in Canada, UK, & Asia
Work closely with Portfolio Managers and traders to assist investment decisions and strategies
Perform a review of daily cash balances and investigate any discrepancies
Ensure integrity of trading system data and evaluate all investment transactions
Assist with implementing industry initiatives as well as internal efficiencies and improvements Shared Accountabilities:
Liaise between Brokers and Custodian banks to support trade settlements Job Requirements:

Our commitment to you:

Our mission; to be a part of making Decisions Easier and Lives Better
A leadership team dedicated to your growth and success 
A bold ambition and set of goals to be a leader in driving transformation in our industry 
Our best. Every day.

Learn more about opportunities with us at jobs.manulife.com    

CEBU

Portfolio Reconciliation Specialist

5+ Years

With Business Certificates

Established in 1889

Mactan, Lapu-Lapu City, Cebu

Total vacancies for this job title: 1

Posted On: July 6, 2022

Job ID: 405668

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