Company Description

Make an impact at a global and dynamic investment organization

When you join CPP Investments, you are joining one of the world’s most admired and respected institutional investors. As a professional investment management organization, CPP Investments invests the funds of the Canada Pension Plan (CPP) to help ensure its financial sustainability for generations of working and retired Canadians.

CPP Investments invests across regions and asset classes to build a globally diversified portfolio. It holds assets in public equity, private equity, real estate, infrastructure, and fixed income, and the CPP Fund is projected to reach $3.6 trillion in assets by 2050. The organization is headquartered in Toronto with offices in Hong Kong, London, Mumbai, New York City, San Francisco, São Paulo, and Sydney.

CPP Investments successfully attracts, selects, and retains talented individuals from top-tier institutions worldwide. Join our team for access to:

• Stimulating work in a fast-paced and intellectually challenging environment
• Accelerated exposure and responsibility
• Global career development opportunities
• Diverse and inspiring colleagues and approachable leaders
• A hybrid-flexible work environment with an emphasis on in-person collaboration
• A culture rooted in principles of integrity, partnership, and high performance
• An organization with an important social purpose that positively impacts lives

If you have a passion for performance, value a collegial and collaborative culture, and approach work with the highest integrity, invest your career here.

Job Description

The Transaction Control & Reconciliation team is responsible for two critical areas of operational oversight. First, the team ensures the integrity and accuracy of CPP Investments’ accounting book of record and financing systems by performing comprehensive reconciliations against custodians, prime brokers, and global banking partners. Second, the team facilitates the timely and secure execution of external wire payments, including the setup and governance of standard settlement instructions and the execution of verification protocols such as counterparty call-backs.

As a Manager, Transaction Control and Reconciliations, Investment Operations, you will lead a team responsible for maintaining operational controls, mitigating risk, and supporting enterprise-wide financial integrity. This role ensures that operational processes align with internal policies and service-level standards, while driving continuous process improvements, team development, and cross-functional collaboration across Operations, Technology, and Investment teams.

Accountabilities:

• Oversee daily cash and position reconciliations: Ensure accurate comparison between the internal book of record and external data from custodians, prime brokers, and banking partners to maintain financial integrity and enable timely issue resolution.

• Lead the execution and governance of external wire payments: Manage the end-to-end process of initiating, verifying, and settling outbound fund transfers, including setup of settlement instructions and completion of counterparty call-backs to ensure security and accuracy of transactions.

• Maintain and enhance reconciliation processes and tools: Supervise the design, implementation, and continuous improvement of reconciliation workflows and systems to support operational efficiency, control standards, and stakeholder needs.

• Develop, document, and monitor operational procedures and metrics: Establish robust processes and controls by maintaining clear documentation that supports consistent execution and knowledge transfer. Define, track, and report on key operational metrics to monitor performance and drive improvement.

• Identify and resolve reconciliation breaks and payment exceptions: Investigate root causes, coordinate with internal and external stakeholders, and implement corrective actions to minimize risk and ensure timely resolution of discrepancies.

• Foster a high-performing team environment: Provide coaching, mentorship, and cross-training to team members, building bench strength, promoting flexibility, and supporting career development within the group.

• Drive continuous improvement and operational excellence: Evaluate existing processes for efficiency, scalability, and accuracy; lead or contribute to initiatives that enhance the team's effectiveness and adaptability to evolving business needs.

Qualifications

• Undergraduate degree in Finance, Accounting, Business Administration, or a related field.

• Minimum of 5-7 years of progressive experience in investment operations, cash management, or financial controls, with at least 2 years in a leadership or supervisory capacity.

• Professional designations such as CFA, CPA, or CTP are considered an asset.

• Experience with reconciliation tools and payment platforms is considered an asset.

• Strong understanding of financial instruments across public and private markets.

• Strong analytical and management skills are essential to succeed in this role.

Additional Information

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At CPP Investments, we are committed to diversity and equitable access to employment opportunities based on ability.

We thank all applicants for their interest but will only contact candidates selected to advance in the hiring process.

Our Commitment to Inclusion and Diversity:

In addition to being dedicated to building a workforce that reflects diverse talent, we are committed to fostering an inclusive and accessible experience. If you require an accommodation for any part of the recruitment process (including alternate formats of materials, accessible meeting rooms, etc.), please let us know and we will work with you to meet your needs.

Disclaimer:

CPP Investments does not accept resumes from employment placement agencies, head-hunters or recruitment suppliers that are not in a formal contractual arrangement with us. Our recruitment supplier arrangements are restricted to specific hiring needs and do not include this or other web-site job postings. Any resume or other information received from a supplier not approved by CPP Investments to provide resumes to this posting or web-site will be considered unsolicited and will not be considered. CPP Investments will not pay any referral, placement or other fee for the supply of such unsolicited resumes or information.