Manager, Due Diligence (12 month contract)

Ontario Teachers' Pension Plan • Toronto, ON

8d • $105,000 - $155,000 • Hybrid

About The Position

The Manager, Due Diligence protects OTPP’s assets and reputation by informing investment decision-making through the identification of operational and business risks in OTPP’s externally managed investments and advocating for mitigants to those risks. This role supports the planning and execution of operational due diligence (ODD) reviews of external managers and key service providers in accordance with the OTPP’s External Manager Due Diligence Policy. The position requires domestic and international travel, including to Europe and Asia.

Requirements

• Relevant university degree(s) – Finance, Accounting, Commerce
• Strong knowledge and understanding of different public and private market investment strategies, public market infrastructure, and supporting operational processes and systems.
• Understanding of deal / trade lifecycles (execution, settlement, pricing and valuations, reconciliations, investment reporting, performance measurement, fee and NAV calculation, risk measurement).
• Knowledge of best practices related to cybersecurity, technology infrastructure, business continuity, disaster recovery planning.
• Knowledge of regulatory environments for investment managers operating in major jurisdictions.
• Extensive professional work experience (5+ years) postgraduate.
• Strong capability in evaluating and improving internal control processes.
• Proficient in preparing formal documentation and presentations, as well as communicating materials to senior management.
• Experience with change management, strategic planning, continuous improvement.

Nice To Haves

• A master’s degree in finance and/or accounting, CPA, CFA, CAIA, or other equivalent international accreditation/designation is an asset.
• Direct experience in the alternative investment industry (hedge fund, private equity, venture capital, private credit) an asset (5+ years).
• Investment operations, middle office, and/or fund accounting experience in a management role an asset (5+ years).

Responsibilities

• Support senior team members in performing operational risk assessments to be delivered to internal stakeholders including the Director and MD of the Due Diligence & Advisory, as well as the CFO, Investment teams, Legal and other stakeholders as required.
• For each external manager, develop an understanding of its internal controls; deal / trade process flows; fund transfer, settlement, custody, and valuation processes; performance and risk measurement activities; regulatory and compliance environment; information technology systems and capabilities, cybersecurity programs, as well as business continuity and disaster recovery procedures.
• Provide exceptional service to the Investment departments by proactively addressing concerns / issues and responding to inquiries and requests.
• Work with various internal departments to ensure the efficient and effective use of resources.
• Assist senior team members in developing strong business relationships with internal stakeholders, as well as external partners and advisors to support and deliver upon Teachers’ Investment objectives.
• Support the adoption of best practices within the team’s activities to address emerging risks, new investment strategies, and other material developments (including the review and update of relevant policies and procedures as necessary).
• Contribute to team effectiveness by sharing knowledge, supporting colleagues, and maintaining quality standards for ODD deliverables.
• Represent the Due Diligence group professionally in interactions with internal stakeholders and external partners.
• Participate in team planning discussions in establishing performance goals, and provide input on process improvements and resource needs.
• Demonstrate OTPP’s values consistently in interactions across all levels of the organization and with external partners.

Benefits

• Competitive compensation
• Numerous opportunities for professional growth and development
• A flexible work environment combining in office collaboration and remote working
• 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
• Diversity, Equity and Inclusion strategy and our Employee Resource Groups (ERGs)
• Inclusive and equitable workplace where our talent is respected, accepted and empowered to be themselves.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 501-1,000 employees