Are you looking for a supportive, collaborative workplace with great teams and inspiring leaders? You’ve come to the right place. We’re looking for ambitious people who share our values and want to make every day better for people around the world. If this sounds like you, and the career below sounds exciting, we’d like to hear from you.
Working Arrangement
Hybrid
Job Description
Manulife Private Wealth (“MPW”) delivers investment counselling and private banking services to high net worth clients the way it should be delivered. At MPW, we believe fresh thinking, open architecture solutions and a global approach should be an integral part of every Canadian's financial plan and future. As one of Canada's newest wealth management firms, our platform and philosophy is resonating with our target market and we are growing rapidly. We need people with the skills, energy and drive to help us continue to service our growing client base. With our head office located in Toronto, Manulife Private Wealth offers an opportunity to work with a team that values new ideas, fresh approaches and is committed to developing innovative solutions that will shape the future our business.
We are looking for a motivated and talented Analyst, Investment Counsel Services to join our team. The Analyst will be responsible for providing operations support to our investment counselling business.
Key Accountabilities
Investment Counsel Services
Portfolio Administration
Manage new and existing high net worth client accounts and portfolio set up
Maintain and update client information for billing, statements, and tax reporting
Assist with the preparation and generation of client statements and ad-hoc reporting
Generate management fees and complete invoicing for sub-advisory fees
Facilitate credit, debit, and internal transfer transactions with custodian
Cash management of client accounts including FX transfers
Assist with annual tax reporting requirements
Participate in inter-department cross training to ensure continuity of service
Remain current on latest regulatory obligations and administrative requirements for the firm
Be involved with on-going project work – regulatory, process improvement, etc.
Portfolio Maintenance, Trades Execution, Reconciliation & Settlement
Complete daily cash and securities reconciliation and resolve any trade discrepancies
Set up equity and fixed income securities in our wealth management system
Pro-active management of failed trades
Review Corporate Actions transactions for accuracy
Maintain and rebalance SMA strategies
Propose trades to rebalance client asset allocation as per client’s investment policy statement
Execute trade orders on mutual funds and securities
Regular involvement in problem resolution and investigations with custodial and trade counterparts
Service & Support
Support Investment Counsellors with client onboarding, ongoing administration, and ad-hoc requests
Prepare performance reconciliation
Provide assistance to other team members and management team when required
Job Requirement:
Bachelors’ degree or College diploma
2+ years equivalent work experience in the financial services industry
Experience in mid-office, back office and front office operations
High Net Worth market experience strongly preferred
Successful completion or enrolment in the Canadian Securities Course
Knowledge of and experience with securities instruments/settlement, foreign exchange, reconciliation, and investment accounting
Strong written and verbal communication skills
Strong PC skills with advanced working knowledge of Microsoft office applications (especially Microsoft Excel)
Knowledge of wealth management software i.e. FundSERV, and Bloomberg an asset
Demonstrate initiative and take responsibility
Superb communication and interpersonal skills
Strong interpersonal and relationship management skills with the ability to work as a team
Desire to work successfully and collaboratively in a sophisticated and demanding business environment
Demonstrate tact and professionalism and maintain confidentiality
Competencies:
Client focused with the ability to understand the clients’ requirements
Fast learner and self-starter, who takes initiative and thrives in a fast-paced work environment
Ability to balance multiple priorities while maintaining a high degree of accuracy and attention to detail in a team environment
Flexible and adaptable when dealing with change; including changing priorities and tight deadlines
Expected to analyze options and provide thoughtful recommendations and analysis
Results oriented and organized with ability to investigate problems without supervision
Every career at Manulife/John Hancock provides the opportunity to learn new skills and move your career forward. Ready to make an impact somewhere? What are you waiting for? Apply today.
About John Hancock and Manulife
John Hancock is a unit of Manulife Financial Corporation, a leading international financial services group that helps people make their decisions easier and lives better. We operate primarily as John Hancock in the United States, and Manulife globally, including Canada, Asia and Europe. We provide financial advice, insurance and wealth and asset management solutions for individuals, groups and institutions. Assets under management and administration by Manulife and its subsidiaries were CAD$1.3 trillion (US$1.1 trillion) as of June 30, 2021. Manulife Financial Corporation trades as MFC on the TSX, NYSE, and PSE, and under 945 on the SEHK. Manulife can be found at manulife.com .
One of the largest life insurers in the United States, John Hancock supports more than 10 million Americans with a broad range of financial products, including life insurance , annuities , investments , 401(k) plans , and education savings plans . Additional information about John Hancock may be found at johnhancock.com .
Manulife is an Equal Opportunity Employer
At Manulife /John Hancock , we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour , ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.
It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process . All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies . To request a reasonable accommodation in the application process, contact recruitment@manulife.com .