The opportunity

We are seeking a Senior Associate, Funds, Private Investment Operations. They will be responsible for the accuracy and reasonability of downstream data and will maintain a best-in-class partnership with our fund investment deal teams. The Senior Associate will report to the Senior Manager and strive to drive continuous improvement across our service model. This individual will contribute to the success of the team, divisional and enterprise-wide initiatives by identifying opportunities for operational excellence and delivering impactful solutions.

Who you'll work with

The Senior Associate, Funds, Private Investment Operations will work in a sub-team within the larger Private Investment Operations team within Finance. The Funds team is primarily responsible for maintaining accurate and insightful investment accounting, investment performance and descriptive data related to OTPP’s external fund investments. Additionally, the team provides analysis and reporting on our external funds portfolio.

Partner closely with the investment deal teams and portfolio solutions group to analyze and interpret fund investment data, providing insights into return drivers, valuation changes and overall portfolio performance

Interpret and analyze complex investment data sets to support fund accounting, performance reporting, and operational oversight

Visualize data in Excel or Power BI (PBI) to support data-driven decision-making and communicate insights clearly

Responsible for the accuracy of data utilized by the company’s book of record, performance measurement, general ledger, risk analytics and regulatory compliance systems

Support the execution of key projects by researching requirements, analyzing alternative solutions, while assessing impacts to operational risks and processes, to provide recommended course of action

Support the month end close process and perform detailed review to ensure external fund investments are valued properly, reconciliations are completed, and any related issues are resolved in a timely manner.

Develop, maintain, and recommend changes to financial and operational controls to support financial reporting and reduced operational risk. Ensure up-to-date policies and procedures manuals are established and maintained.

Initiate, lead and manage process improvements to enhance internal processes

Manage key internal and external relationships with Investment Division, external fund managers, external administrators, and other groups within Finance

Manage key service providers to ensure data is delivered timely and accurately

Develop and monitor key metrics which will promote accountability, efficiency and accuracy of information into daily operations

Ensure operational implications of new and follow-on external fund investments and process improvements impacting systems and reporting are appropriately addressed

Act as a delegate for the Manager during absences. This includes overseeing daily operations including reviewing and signing off on daily transactions and key controls, handling complex issues referred by the administrators, addressing daily settlement and issues, resolving issues affecting performance measurement, risk reporting or financial reporting.

Ensure adequate and timely responses to inquiries from stakeholders

The individual must possess management/supervisory and leadership skills to direct the efforts of others as required.

This position is a direct resource to more senior management on the team and is expected to make standard operational decisions. Where issues are more complex, the position must provide more senior management with the appropriate information on which decisions will be based.

The Senior Associate must handle all complex issues that arise during daily operations. The position is required to identify both opportunities/requirements and develop solutions/courses of action.

Relevant university degree

Professional designation CPA CA, CGA, CMA or CFA or CAIA

Solid understanding of private fund structures (private equity, venture capital and hedge fund investments), capital activity (calls/distributions), NAV reporting, investor allocations and other relevant operational concepts

Good understanding of data concepts and the ability to interpret and work with data effectively

The ability to be a key driver of change

Excellent communication skills are required as this position deals with both internal and external contacts

Ability to work with Investments and other internal stakeholders and balance governance and service role

Significant experience (6-8 years) within an investment finance business environment (fund accounting, finance, operations). Experience with private investments and/or external funds is essential.

Extensive experience facilitating, coordinating, and consulting with a successful track record for process improvements

Experience working with senior management in complex structures; ability to facilitate team-based decisions-making processes

#LI-PA, #LI-Hybrid

What we’re offering

Pay-for-performance environment that offers competitive salary and incentive

Numerous opportunities for professional growth and development

Comprehensive employer paid benefits coverage

Retirement income through a defined benefit pension plan

The opportunity to invest back into the fund through our Deferred Incentive Program

A flexible/hybrid work environment combining in office collaboration and remote working

Competitive time off

Our Flexible Travel Program gives you the option to work abroad in another region/country for up to a month each year

Employee discount programs including Edvantage and Perkopolis

At Ontario Teachers', diversity is one of our core strengths. We take pride in ensuring that the people we hire and the culture we create, reflect and embrace diversity of thought, background and experience. Through our Diversity, Equity and Inclusion strategy and our Employee Resource Groups (ERGs), we celebrate diversity and foster inclusion through events for colleagues to connect for professional development, networking & mentoring.  We are building an inclusive and equitable workplace where our talent is respected, accepted and empowered to be themselves.  To learn more about our commitment to Diversity, Equity and Inclusion, check out Life at Teachers'.

How to apply

Are you ready to pursue new challenges and take your career to the next level? Apply today! You may be invited to complete a pre-recorded digital interview as part of your application.

Accommodations are available upon request (peopleandculture@otpp.com) for candidates with a disability taking part in the recruitment process and once hired.

Candidates must be legally entitled to work in the country where this role is located.

The privacy of your personal information is important to us. Please visit our Privacy Centre to learn how we handle your personal information.

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