Finance Analyst

Job Title: Finance Analyst

Contract Duration: 12 Months

Pay range: C$40 - 50/hr

Work Type: Hybrid - 2 days a week

Location: Toronto, ON

Schedule: Monday to Friday - Core business hours

Department Overview:

• The Basel Reporting team within the Chief Accountant's Department, Specialized Reporting and Solutions Management (SRSM), is primarily responsible for providing relevant, accurate, and timely reporting of the Consolidated Bank's capital and leverage reporting.
• The group also has the mandate to be a Subject Matter Expert in Regulatory Capital Reporting and Basel III Frameworks reporting.

Job Description / Accountabilities:

• Chief Accountant is the Business Owner of the RWA/BCAR monthly operational activities and works closely with the Capital Reporting Business Segments and Corporate Platform Technology Solutions (CPT) to enable the monthly reporting of regulatory capital (quarterly to OSFI) under Basel III Reform rules.
• The Basel III reporting process is subject to continued regulatory change and is also impacted by most changes implemented throughout the Bank, including changes that are not directly related to Basel III.
• This role will be a short-term assignment for the current manager in this position. It will assist in the completion and oversight of monthly and quarterly reporting for Basel III RWA/BCAR, quarterly public disclosures, and supplementary regulatory reporting.
• This role will report directly to the Senior Group Manager, Specialized Finance.

Accountabilities:

• The role will involve learning the tasks of the senior analysts within the team via hands-on execution of certain tasks and transitioning to the oversight function of the tasks completed by the senior analyst.
• Initially supporting the Corporate segment with monthly and quarterly reporting, including providing guidance on Basel III guidelines, reviewing Wealth Canada reconciliations, as well as various related tasks for the consolidated BCAR processes.
• Act as subject matter expert for Client's Basel III reporting processes, including BCAR and Pillar 3 disclosures.
• Timely review of inputs, supporting documents, and analysis for BCAR regulatory capital as well as quarterly Basel disclosures.
• During the term of this STA, the role may shift to assist other desks within the broader Basel Reporting team as various members may need to shift to assist in the capital initiatives project. This would involve both manager oversight tasks as well as hands-on completion for other tasks within various areas of the team.
• Involvement in projects and testing as it relates to new regulatory requirements and system updates.
• Proactively identify opportunities to strengthen and improve processes and controls.
• Promote a positive work environment that encourages teamwork, productivity, innovation, creativity, analysis, and advice.

Job Requirements:

• Professional accounting designation (CPA, CA/CPA)
• 7+ years of financial accounting and reporting experience
• Knowledge of Basel capital frameworks would be an asset
• Highly motivated with strong time management aptitude, analytical skills, and the ability to be flexible
• Must be detail-oriented and able to plan, manage, and prioritize multiple responsibilities while meeting tight deadlines and delivering accurate results.
• Proactive with the ability to anticipate issues and recommend solutions
• Excellent communication skills, both verbal and written, and proven ability to work within and across teams
• Excellent knowledge of financial tools such as Hyperion Financial Management (HFM), FCCS, Excel, Word, Pivot tables, as well as the ability to learn new tools when required

Must Have:

• 7+ years of financial accounting and reporting experience
• Proactive - someone who can come in hitting the ground running. Ability and willingness to learn independently. Want this contractor to become an SME in Basel reporting.
• Multi-task and prioritize
• Strong communication
• Excel

Nice To Have:

• Professional accounting designation (CPA, CA/CPA) - strong, but nice to have
• Knowledge of Basel capital frameworks would be an asset
• Hyperion Financial Management (HFM), FCCS

Note:

• Exp w/ financial reporting - reviewing and doing the work.
• Good technical skills - Excel (pivot tables, macros).
• Strong Communication skills - a lot of stakeholder interaction
• Ability to multi-task and prioritize. Meeting strict deadlines.
• Someone who can get along well with the team.

About The Company:

• Top 10 bank in Canada and North America offering comprehensive financial solutions. Providing retail, commercial, wealth management, and wholesale banking services, we help clients thrive in today's evolving market.

About GTT:

• GTT is a minority-owned staffing firm and a subsidiary of Chenega Corporation, a Native American-owned company in Alaska. As a Native American-owned, economically disadvantaged corporation, we highly value diverse and inclusive workplaces. Our clients are Fortune 500 banking, insurance, financial services, and technology companies, along with some of the nation's largest life sciences, biotech, utility, and retail companies across the US and Canada. We look forward to helping you land your next great career opportunity!