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Analyst - Investment Operations

Analyst - Investment Operations

Randstad CanadaToronto, Ontario, CA
30+ days ago
Job type
  • Temporary
  • Quick Apply
Job description

Do you have experience primarily accountable for the ongoing day to day evaluation, accounting and monitoring of the Private Investments portfolio; primarily focusing on Real Assets and Private Equity investments? If so we have the role for you!

This is a 12 month contract with a strong potential of extension

The work location is Toronto - Hybrid schedule - 4 days / week onsite, 1 day remote

This role will be responsible for Investment set-ups and the maintenance of the Investments throughout the lifecycle. The individual will be responsible for processing transactional and accounting entries, preparation of reports and providing administrative support for External Portfolio Management (EPM) specializing in Hedge Funds, Co-Investments, and Managed Account Platform (MAP).

Advantages

  • Gain experience working for a well-known insurance company
  • Work location is Toronto - Hybrid schedule - 4 days / week onsite, 1 day remote
  • Working days : Monday - Friday
  • 12 month contract
  • Competitive pay rate

Responsibilities

Trade Life Cycle Expertise

  • Demonstrate strong knowledge of the entire trade life cycle for funds investment transactions (Hedge Funds, Co-investments, and Special Investment Vehicles)
  • Prepare or review monthly NAV calculations for external pooled funds and analyze the difference between estimate and final values, as well market value and PnL changes
  • Provide ongoing operational support for externally managed investments which include the preparation and review of management base and incentive fee accruals, capital calls and redemptions, and invoice payments
  • Prepare trade tickets and accounting entries and ensure figures agree with transacted amounts, completeness of supporting documentation and appropriate authorizations is in place to facilitate investment closings
  • Manage cash forecast for the business line and the proper reporting of all manager and fund related activities
  • Provide intuitive analysis of operational or business issues and provide direction in determining corrective action; promptly escalate irregular activities or issues

    • Investment Accounting & Reporting

  • Understand intermediate investment accounting concepts related to Hedge Funds
  • Assist in providing data for financial statements, note disclosures and management reports and ensure accuracy and completeness, as well as providing valuable insights and commentary
  • Record transactions in the accounting books and records and resolve any discrepancies as required with our business partners
  • Ensure timely completion and accuracy of transaction and holdings reconciliations
  • Assist in the preparation or review of financial statements, note disclosures and management reports to ensure accuracy and completeness, as well as providing valuable insights and commentary

    • Process Improvement

  • Continually strive for operational excellence. Seek ways to streamline processes, create operational efficiencies and foster a culture of continuous improvement, enhanced controls, and data integrity
  • Ensure process documentation is kept up to date for existing procedures
  • Assist or lead in various business projects and new initiatives

    • Relationship Building & Management

  • Partner with colleagues from the Investment Departments, Structuring and Business Management, Tax and Treasury to successfully close and fund Investment transactions by proactively identifying and resolving operational issues
  • Build new or improve existing relationships with external counterparts including Custodian Bank, Administrators, Auditors, Board of Directors, etc. Monitor the quality of the services provided and escalate or provide feedback as necessary. Drive requests and initiatives with service providers that improve efficiency and scalability
  • Build a reputation as a subject matter expert in the hedge funds domain for issues related to investment operations and accounting

    • Qualifications

    Education / Work Experience

    Undergraduate degree in Finance, Commerce, Economics, or other related discipline and

    interested in pursuing a professional designation (CFA or CPA)

    1 to 2 years of relevant work experience

    Technical Skills

    Strong analytical, financial and management accounting skills will be necessary to perform this

    role

    Advanced Excel skills and comfortable learning new systems

    Demonstrable ability to use data analytics tools such as Tableau and / or Excel to transform raw

    data into metrics or scorecards – nice to have

    Experience with any of the following : Bloomberg, Simcorp, CTM, CLS, GTSS, DTC MS Excel,

    Simcorp, UDAs, Traiana – nice to have

    Other Skills

    Self-motivated, quick learners with proven ability to structure communications and superior time

    management skills

    Demonstrable understanding and / or experience in trade lifecycle management, or trade capture

    and enrichment, or trade settlement within an Operations / Middle Office team

    Summary

    If you are interested in the Analyst - Investment Operations , please apply online at www.randstad.ca.

    Randstad Canada is committed to fostering a workforce reflective of all peoples of Canada. As a result, we are committed to developing and implementing strategies to increase the equity, diversity and inclusion within the workplace by examining our internal policies, practices, and systems throughout the entire lifecycle of our workforce, including its recruitment, retention and advancement for all employees. In addition to our deep commitment to respecting human rights, we are dedicated to positive actions to affect change to ensure everyone has full participation in the workforce free from any barriers, systemic or otherwise, especially equity-seeking groups who are usually underrepresented in Canada's workforce, including those who identify as women or non-binary / gender non-conforming; Indigenous or Aboriginal Peoples; persons with disabilities (visible or invisible) and; members of visible minorities, racialized groups and the LGBTQ2+ community.

    Randstad Canada is committed to creating and maintaining an inclusive and accessible workplace for all its candidates and employees by supporting their accessibility and accommodation needs throughout the employment lifecycle. We ask that all job applications please identify any accommodation requirements by sending an email to [email protected] to ensure their ability to fully participate in the interview process.