Associate, Valuation Analyst



DETAILS

Location: Toronto, ON, M5C2V9
Employee Type: full time
Experience: 2 - 5 years
Education: Bachelor degree
Travel Required: none

DESCRIPTION

A Wealth of Opportunity awaits you at Dynamic Funds
 
As the successful candidate you will have the opportunity to…
 
  • Utilize strong accounting knowledge to analyze financial data and provide advice and recommendations to management and assist in the key decision-making process
  • Compile statistical information and perform research on securities held by the funds and provide input in determining the quality and reliability of security prices.
     
Key Responsibilities:

 

  • Research, analyze and resolve any valuation exceptions according to the established valuation policy and procedures;
  • Review the Corporate Actions to ensure they are processed correctly and that all necessary backup are collected for audit purposes;
  • Review tolerance reports to ensure accurate pricing of the fund NAV’s;
  • Provide back-up and support for the Manager, Valuations role in his/her absence;
  • Assists with the preparation of Valuation Committee documentation;
  • Complete statistical reporting related to security valuation, including other ad hoc reporting requirements;
  • Assists in the fair valuation decision-making process by compiling the required research and contributing to the dialogue;
  • Review information circulars to ascertain the appropriate tax allocation;
  • Assists with audits and other projects or tasks as assigned;
  • Complete analysis and reporting as required by management;
  • Help identify areas of control weakness and make recommendations for process improvements;
  • Keep abreast of industry developments including regulations and processes;
  • Assists with the planning and implementation of new products and projects;
  • Participate in the planning, development and testing of new programs and processes prior to implementation; and
  • Works independently on assigned projects while keeping the Manager informed.
  • Responsible for performing various daily checks to verify and validate all daily mutual fund activity used to calculate the net asset value.
  • Provide support to other various departments within Global Wealth Management.
 
Skills and Experience:
 
  • University degree; working towards a professional designation preferred (CFA or CMA);
  • At least 2 to 3 years valuations experience in the mutual fund and/or investment industry;
  • Canadian Securities Course;
  • Proficient knowledge of Bloomberg and Thompson Reuters terminals;
  • Knowledge of accounting and fund industry regulatory requirements preferred;
  • Comprehensive understanding of various asset types: Foreign and domestic equity, fixed income instruments, swaps, futures, options
  • Understanding of Tax implications relating to the Financial Services and Trust environments preferred;
  • Strong analytical, organizational and problem solving skills with ability to excel in a fast-paced environment
  • Excellent knowledge of Excel & Access; and
  • Knowledge of VB and VBA preferred.
 
Dynamic Funds is an affiliate of Scotiabank.
Addressing your financial needs as well as your overall health and well-being are top priorities at the Scotiabank Group.
We are committed to offering a competitive Total Rewards package.



REQUIREMENTS



THIS JOB IS EXPIRED

COMPANY

Dynamic Funds
1 Adelaide Street East, 28th Floor

Toronto, ON M5C 2V9
CANADA