VPA Analyst

Variable Product Administration Team is part of the Fund Administration group of John Hancock Investments which is responsible for the preparation and analysis of different SEC regulatory requirements and shareholders reports in accordance to US GAAP. The role is accountable for initiating daily trade process, daily capstock process and reporting, review and reconciliation of various reports, investigation of variances and monitoring and troubleshooting of RPA automation processes. The incumbent will also assist in enhancing documentation and assessing an optimal production process related to VPA Team and participate in ad hoc projects, as assigned.

Position Responsibilities:

• Initiate the VPA daily trade process via an application batch process
• Work closely with the Global Batch Operations Center (BOC) to troubleshoot issues that may arise during either process
• Review exception/variance reports and communicate accordingly to the Boston staff
• Ensure the integrity of the VPA system data through daily detailed reconciliations with various source data
• Research variances and work with business unit control areas and Boston staff to resolve
• Ensure that all work is completed on time and within given guidelines/standards.
• Provide excellent customer service within the organization
• Monitor processing of trade transactions submitted by the Business Units per policy and procedures
• Ensure the integrity of the VPA system data through daily detailed reconciliations with the Business Units.
• Troubleshoot issues that arise during the process and escalate to the Director as needed
• Ensure that all work is completed on time and within given guidelines/standards
• Provide the Asset allocation team daily reporting on underlying fund positions within their fund portfolios
• Process trade instructions within the VPA application as dictated by the Asset Allocation Team
• Daily review and reconciliation of ETF market value positions
• Daily review and reconciliation of direct security trades and share positions
• Ensure department procedural documentation is accurate and current.
• Assist with Business Unit fund and product initiatives
• Assist with the system development and change process
• Monitor and troubleshoot our RPA automation processes with the Robotic Automation Solutions team

Required Qualifications:

• Bachelor's degree in Finance/Accounting
• 1-2 years experience as a Staff Accountant
• Hybrid Work Arrangement: Amenability and readiness to work onsite and from home anytime (dependent on business need AND/OR current external environment/situation) and must be willing to work on a night shift schedule

Preferred Qualifications:

• Accounting/Fund Administration experience
• Basic to intermediate understanding in different financial asset types (i.e. Stocks, Bonds, ETF, Mutual Fund)
• Strong attention to detail with the ability to work in a fast paced, time sensitive environment
• Strong reconciliation background is an advantage
• Ability to work independently and set priorities with only high level direction
• Ability to be flexible and adaptable when dealing with change
• Strong problem solving skills with attention to detail
• Allocate time efficiently; handle multiple demands and competing priorities
• Strong organizational skills

When you join our team:

•  We’ll empower you to learn and grow the career you want.
•  We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.
•  As part of our global team, we’ll support you in shaping the future you want to see

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html.

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 [email protected].