Reginald Thavaratnam

Senior Reconciliation Officer at CIBC
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Location
Greater Toronto Area, Canada, CA
Languages
  • English -
  • Tamil -

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Experience

    • Canada
    • Banking
    • 700 & Above Employee
    • Senior Reconciliation Officer
      • Jan 1996 - Present

      Performed specialised administrative support to complete complex duties. Reviewed the work of team members to ensure accuracy and took corrective action as necessary.Completed Monthly Reconciliations by 5th business day using Plexus, Target, COINS and Excel.Balanced Tax and Deposit acceleration accounts and completed daily deposit to PCF Servicing.Developed an action plan to rectify outstanding interest adjustments by contacting 900 branches; processed and updated all accounts resulting in the balancing and reconciliation of the account for the first time since 1996.Outlined an action plan to recover mortgage payments due to incorrect account on the Pre authorised account section of the Plexus system and corrected the account so that the future EFT payments are automated.Validated the balancing of all MLI users and identified any variations in the Reconciliation register and performed the necessary corrective action.Controlled the issue of cheques as required by the audit standards of CIBC.Submitted funds to Sun life & Canada life after calculating personal loan Product (PLIP), Personal Line of Credit (PLC) & Disability Insurance Premiums.Performed calculations using business & farm Insurance reports and remitted funds to Desjardin Financial.Developed an action plan to rectify outstanding interest adjustments by contacting 900 branches; processed and updated all accounts resulting in the balancing and reconciliation of the account for the first time since 1996.Outlined an action plan to recover mortgage payments due to incorrect account on the Pre authorized account section of the Plexus system and corrected the account so that the future EFT payments are automated. Show less

    • Accounting Officer
      • Jan 1992 - Jan 1996

      Preparation of Conventional and Insured mortgage loan reports.Suspense Voucher system-posting and balancing of computer reports to suspense control ledger. Prepared Pre Authorised Cheque vouchers from Insured mortgage system. Balanced Recap register using Lotus. Balanced the daily accounting journal and extensively used the CIBC’s Centralized Online Instruments Network System (COINS). Prepared monthly and independent reports. This was computed by posting journal entries of debits and credit vouchers in ledger books for different types of accounts. ensuring all accounts were balanced at the end of each month Show less

    • Intermediate Accounting Officer
      • Jan 1989 - Jan 1992

      Accounts Payable in a computerized environment, cheque printing etc.Mortgage accounting, General accounting. Preparation of monthly and independent reports.Solved accounting problems in an IBM computer by inputting data to prepare a transaction register. Afterwards cheques were printed by a cheque printer which was connected to the computer.

    • Engineer
      • Jan 1986 - Jan 1989

      Chemical manufacturing. •Classified chemical process equipment. Wrote codes of practice for inspection. Operation and maintenance of plant producing hazardous inorganic chemicals, e.g. ferric chloride, mercuric oxide. Contractual work concerned with the overhaul and maintenance of machinery necessitated by legislation. •Experimented with the production of ethanol from cassava starch as possible replacement for petrol by fermenting cassava in the presence of yeast. Promising results were obtained. •Designed a detergent plant which consists of essential chemical machinery and detailed drawing of plant layout. This resulted in a complete paper work of the above chemical plant with necessary engineering and costing calculations. •Investigated the feasibility of using recuperative burners for chemical reactors as possible replacement to conserve energy. Monitored flue gas analysis and computed energy used for both burners. Recuperative burners proved to be efficient in conserving energy. Show less

    • United Kingdom
    • Musicians
    • Engineer
      • Jan 1985 - Jan 1986

      Work related to electronic engineering. Maintenance experience in working with tapematic 2000 machine. Work related to electronic engineering. Maintenance experience in working with tapematic 2000 machine.

    • 1 - 100 Employee
    • Researcher/Engineer
      • Jan 1981 - Jan 1985

      Scientific Research Work. Determined Limiting Oxygen Index using oxygen index apparatus and smoke density by smoke chamber.Thermobalance for studying thermal decomposition mechanisms (thermogravimetric analysis (TG), Differential thermogravimetric analysis (DTG) and differential thermal analysis (DTA)).Computer Programming. & Analytical chemistry Researched the combustion of organic polymers and utilized technical equipment to obtain results. Wrote a thesis entitled “The Flame Retardant and Smoke Suppressant Activity of some Metal Oxide-Halogen System for Thermoplastic Polymers”. Show less

Education

  • Centennial College
    Financial services underwriting post-Diploma program, 2006, Information Technology Project Management
    2013 - 2015
  • Seneca College
    Diploma, Financial Services Underwriting post-Diploma program, 2006
    2003 - 2006
  • Garnet College
    Certificate in Education, 1987, Special Education and Teaching
    1986 - 1987
  • City University
    Degree of Master of Philosophy, Chemistry
    1981 - 1985
  • London Polytechnic, London, England
    Degree, Chemical Engineering
    1976 - 1980

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