Junior Analyst, Treasury Operations

Junior Analyst, Treasury Operations

The opportunity

This position provides support to Finance Operations units including, but not limited to Investment Operations, Performance & Risk Analytics, and Compliance. It is an entry-level position and may involve rotations to various units within the department.

OTPP’s Treasury Operations team within Finance Operations is responsible for overseeing 300+ bank accounts across multiple legal entities and 35+ currencies that are currently required to support various investment strategies within the plan. The team’s objective is to ensure timely and quality reporting of investment cash, the execution of enterprise wires/payments and Bank Reconciliations with a focus on controls and fraud mitigation.

The successful candidate requires a background in Investment Finance processes. An asset if this background includes cash forecasting, wire processing, payment management and bank reconciliation experiences.

This role supports the direct operation of the Treasury Operations unit. It also participates in production support including troubleshooting, liaison with Banking and Custodian partners, ad hoc projects and other duties as required.

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 individual will collaborate with members of Investment Technology and Investments Divisions 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.

What you'll do

1) Complete daily work within Finance Operation unit: (40%)

• Complete critical priorities for the day

• Co-ordinate work to meet deadlines

• Identify, analyze, respond to and resolve issues and problems

• Resolve and carry out appropriate solutions

• Share knowledge with other team members

• Provide assistance to others as needed

• Back up team members during absences

• Ensure up to date documentation

2) Verify information and uphold internal controls (20%)

• Ensure internal control standards are being met

• Ensure completeness and accuracy of information

• Check and reconcile information to ensure accuracy

• Follow up on and resolve discrepancies

• Ensure up to date documentation

3) 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 for projects

• Direct activities and tasks related to system upgrades, new releases, and bug fixes

4) Contribute to identification and carrying out improvements for the unit, including assisting Manager to research, identify and document new markets, products, or processes: (10%)

• Assist in development/implementation of new processes/systems

• Collaborate on recommendations for process changes and improvements

• Ensure up to date documentation

5) Produce reports (5%)

• Generate standard reports

• Analyze requests for non-standard reports

• Design and deliver reports

6) 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

• Take care of internal and external clients in a professional and timely manner

7) Deal with internal and external suppliers: (5%)

• Collaborates with Technology, Investments, service providers, consultants and/or vendors in the delivery of solutions

• Maintain relationships to ensure high quality service by suppliers.

• Request/provide information as needed to established suppliers

• Represent OTPP in a professional manner

8) Other (5%)

• Improve 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

Complexity/accountability

The role carries the responsibility for accurate and timely recording and reporting of investment transactions and cash projections. This position provides a direct resource to the Manager and is expected to make standard operational decisions, apply good judgement and communicate information to appropriate partners in a timely fashion.

What you'll need

• Relevant university degree (such as Accounting, Finance, Economics, Mathematics, Computer Science) or equivalent relevant experience with Finance Operations processes

• 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 and Access), 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

#LI-VN, #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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