Analyst, Portfolio Operations (12-Month Contract)
The Opportunity
This position provides support to Investment Finance units including, but not limited to Investment Operations, Performance & Risk Analytics, and Compliance.
The successful candidate requires an in-depth background in Finance Operations processes and a high level of knowledge of derivatives products.
This role supports the direct operation of the unit. It also participates in the production support and change management of various straight through processing and order management systems. Other duties include investigating breaks, troubleshooting, ad hoc projects and other duties as required. From time to time this role could assume review responsibilities of other staff members work.
This individual will collaborate with members of Investment Technology and Investments as well as external clients, service providers, consultants and vendors in the delivery of business as usual and projects, to meet the Plan's changing requirements.
Critical duties must be carried out and completed same day. This position carries a high degree of responsibility as the dollar value of transactions is significant and errors can result in large losses for the fund which may not be recoverable.
Who you'll work with
This position reports to the Manager, Capital Markets Operations.
What you'll do
Execute daily work within Finance Operations unit: (40%)
Complete individual/team’s critical priorities for the day including trade confirmation, settlement, valuation and reconciliation of Derivatives products.
Participate in the production support of various processes and systems
Co-ordinate work to meet deadlines
Identify, analyze, respond to and resolve issues and problems
Demonstrate "Expert User" status in understanding department’s processes and systems
Determine and carry out appropriate solutions
Provide assistance to the team on complex issues
Share knowledge with other team members
Occasionally review daily work of the team
Back up team members during absences
Ensure up to date documentation
Verify information and uphold internal controls: (20%)
Ensure internal control standards (a.k.a KOC and KFC) are being met
Ensure completeness and accuracy of information
Check and reconcile information to ensure accuracy
Follow up on and resolve discrepancies
Occasionally review files and information prepared by others
Ensure up to date documentation
Key contributor to projects for the unit under the guidance of the Manager: (10%)
Carry out key tasks of the projects
Liaise with other teams (IT, Investments etc) as needed projects
Direct activities and tasks related to system upgrades, new releases, and bug fixes
Contribute to identification and carrying out improvements for the unit, including assisting Manager to research, identify and document new markets, products, processes or systems: (10%)
Assist in development/implementation of new processes/systems
Collaborate on recommendations for process changes and improvements
Test new modules and/or functionality to ensure it meets department requirements
Direct initiatives to create efficiencies and effective day to day processes
Own components of change management or process improvements
Develop and implement tests plans
Ensure up to date documentation
Produce reports: (5%)
Generate standard reports
Analyze requests for non-standard reports
Design and deliver reports
Service internal and external clients: (5%)
Provide information and services to internal and external clients
Respond to inquiries and requests from internal and external clients
Deal with internal and external clients in a professional and timely manner
Participate in development of new requirements or processes requested by clients
Deal with internal and external suppliers: (5%)
Collaborates with Technology, Investments, service providers, consultants and/or vendors in the delivery of solutions
Manage relationships to ensure high quality service by suppliers.
Request/provide information as needed to established suppliers
Represent OTPP in a professional manner
Other (5%)
Contribute to completeness and quality of team training
Maximize the use of technology in all work processes
Provide constructive ideas relative to Plan's operations
Maintain knowledge of issues affecting Plan's operations
Other duties as requested
What you'll need
Relevant university degree (such as Accounting, Finance, Economics, Mathematics, Computer Science) or equivalent relevant experience with Finance Operations processes
Requires an individual with in-depth experience in Finance Operations processes (1-2 years or more)
Requires an individual with relative experience in asset servicing, valuations and investment accounting for Capital Markets instruments, including Derivatives
Experience investigating and explaining PnL
Experience working directly with Portfolio Managers
Proficient knowledge and experience working with SCD
Excellent analytical skills and the ability to think through problems, assess a variety of factors and recommend a solution
Excellent quantitative and computer skills (Excel, VBA, Python and SQL), including an understanding of database concepts
Good background skills and knowledge of accounting and reconciliation processes
Must be able to work to deadlines, adapt to a rapidly changing environment and sustain high productivity levels
Must be extremely detail oriented, organized and thorough
Self starter, confident, innovative, team player
Good interpersonal and communication skills
Must be able to effectively deal with internal and external clients and suppliers
Ability to work with minimum supervision
Enrollment in the CFA, CGA or CMA program an asset
#LI-ER1
#LI-Hybrid
What we’re offering
Competitive compensation
Numerous opportunities for professional growth and development
A flexible/hybrid 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
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.
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Functional Areas:
Finance
6054
