Senior Associate, Funds, Private Investment Operations

Ontario Teachers' Pension Plan • Toronto, ON

2d • Hybrid

About The Position

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. 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 and partners closely with the Valuations team and private fund deal teams to provide data-driven insights on private deal valuations, portfolio performance, and key return drivers. The team utilizes a third party data platform to support investment monitoring and analysis across the external funds portfolio.

Requirements

• Relevant university degree
• Professional designation required CPA CA, CGA, CMA, CFA or CAIA
• Solid understanding of private fund structures (private equity and venture capital), 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 decision-making processes

Responsibilities

• Partner closely with the investment deal teams, portfolio solutions group and Finance Valuations 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
• Responsible for the quarterly valuation process and performing detailed review to ensure private fund investments are valued properly, and any related issues are resolved in a timely manner.
• Review cash flow transactions and related private investment lifecycle activities to ensure accuracy, completeness, and appropriate accounting treatment across capital calls, distributions, fees, and expenses.
• 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
• Ensure operational implications of new and follow-on external fund investments and process improvements impacting systems and reporting are appropriately addressed
• Ensure adequate and timely responses to inquiries from stakeholders
• Independently manage complex operational issues and standard decision-making, providing leadership and direction as required, and acting as a trusted resource to senior management by identifying issues or opportunities, developing solutions, and escalating with clear, actionable insights where appropriate.

Benefits

• Pay-for-performance with base salary and annual incentive based on individual and enterprise performance.
• 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 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

What This Job Offers

• Job Type: Full-time
• Career Level: Senior