New Job Portfolio Data Administrator, Richter Family Office In Quebec

Portfolio Data Administrator, Richter Family Office
Portfolio Data Administrator, Richter Family Office

Portfolio Data Administrator, Richter Family Office

Company : Jobssummary / Indeed
Salary : Details not provided
Location : Quebec

Full Description

Portfolio Data Administrator, Richter Family Office

Richter Montreal Office


Richter is a Business | Family Office that provides strategic advice on business matters and on families’ financial and personal objectives across generations. With close to 100 years of experience advising at the intersection of family and business, Richter has developed an integrated approach to help business owners find sustainable success. Whether business, personal, or both, Richter is uniquely positioned to address the needs of Canada’s most successful entrepreneurs, private clients, business owners and business families and help them chart a clear path to shape their legacy for the future. Founded in 1926, Richter’s 600-person multidisciplinary team continuously innovates to create value for our people, clients, and community in Canada and in the US.

What we offer

  • The opportunity to develop your career with the direct support of your managers and firm partners; and
  • A culture that values work-life balance and mental health and well-being. Our firm has taken a fresh approach to these issues, offering a hybrid work environment with flexible hours and resources to support you in your personal journey.
  • Investment in your continuing education and professional development through a variety of learning offerings and tuition reimbursement

A day in the life of a Portfolio Data Administrator

The Portfolio Account Data Administrator position requires a unique combination of data entry skills and a general understanding of broker transactions as they appear on monthly broker statements. As the Portfolio Account Data Administrator, you will be responsible for manually entering purchases, sales, income and fee transactions into RFO’s portfolio management system (APX/Advent). You will also be responsible for identifying and correcting non-reconciling accounts (client versus APX). While the successful candidate must be able to work effectively in a team environment, he/she will primarily work autonomously to achieve the objective of transferring transactional data from monthly broker statements into APX.

Main Responsibilities

  • Data entry for monthly transactional data on client’s broker statements
  • Compare month-end market values and cash balances per client broker statements to the same balances in APX and reconcile and adjust for any significant differences
  • Enter month-end unit or share prices into APX as required in order to balance accounts
  • Look up CUSIP numbers from a portal as required in order to balance accounts
  • Set-up new securities in APX
  • Open new client accounts in APX
  • Verify third party monthly reconciliation balances to ensure they are within tolerance, and advise or correct, as necessary
  • Work to resolve outstanding reconciliations or obtain outstanding statements on a timely basis
  • Respond to requests from internal staff, mostly pertaining to reconciliation issues for upcoming client meetings

Your Profile

  • College diploma (CEGEP level or equivalent)
  • Minimum 5 years of relevant experience performing similar activities
  • Experience working in a “back office” environment for an investment management firm would be an asset
  • Knowledge of MS Office, in particular Excel
  • Ability to work under pressure in a professional, and efficient manner
  • Attention to detail is a must have
  • Able to work autonomously and to manage time efficiently
  • Organizational skills, ability to multi-task, set priorities and complete tasks in accordance with timelines
  • Team player
  • Proactive and flexible
  • Knowledge of spoken English and French

What’s in it for you?

  • Competitive group benefits which include group insurance, Health Spending Account, savings plans, and Employer Contribution Matching
  • Employee and Family access to virtual healthcare network
  • Employee and Family Assistance Programs, including consultations with mental health professionals
  • Annual Health & Well-being Program
  • Hybrid work Environment
  • Competitive Performance Bonus
  • Tuition Reimbursement
  • Professional Dues Reimbursement
  • Academic Incentives
  • Talent referral bonus
  • Client referral bonus
  • Access to an on-demand concierge nannying, babysitting, and tutoring service
  • Annual employee rewards and recognition

Your application

We are excited to meet motivated professionals who are looking for career growth in a mid-sized family minded firm and have a strong background in building and fostering relationships.

Sounds like you? Apply today!