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Fund Operations Specialist in Toronto, ON

Fund Operations Specialist Job Description

A Fund Operations Specialist performs essential operational tasks to support investment funds, ensuring accurate and efficient daily processes. This role involves processing various transactions, assisting with reconciliations, and maintaining detailed records for fund activities. The Specialist contributes to the smooth functioning of fund operations by ensuring data accuracy and adherence to established procedures. This position demands strong attention to detail, organizational skills, and a foundational understanding of financial instruments. Typically, 0-2 years of experience in financial services operations, accounting, or a related field is required. A Bachelor's Degree or Diploma in Finance, Accounting, or Business is essential. Basic knowledge of Canadian financial markets and investment operations is beneficial.

Typical fund operations specialist duties:

Process daily fund transactions, including subscriptions, redemptions, and transfers.Assist with daily and monthly reconciliation of cash and securities positions.Accurately record and maintain fund data in operational systems.Support the calculation of daily net asset values (NAV).Prepare routine operational reports and statements.Respond to basic inquiries from internal teams regarding fund transactions.Ensure all operational activities comply with internal policies.Assist with month-end close processes for fund operations.

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Salary for Fund Operations Specialist in Toronto, ON
55018 - 83962
Low
55018
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
67534
The candidate has moderate experience in the role, meets most requirements or has equivalent transferrable skills, and may also have relevant certifications.
High
83962
The candidate has extensive experience and advanced skills for the role, and may also have specialized certifications.
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Our starting salary projections come from a rigorous, multistep process so that our numbers accurately reflect the marketplace. They are based on actual compensation for professionals Robert Half has matched with employers across the country and third-party job posting data from Textkernel that we use to independently validate the salary levels. Starting compensation—pay for someone new to a role—can vary significantly based on a candidate’s skills, experience and certifications, as well as other factors including industry, company size and revenue, and demand for the role. To reflect this variability, we report our salary data in three levels: low, mid and high.