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 ([email protected]) 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

 

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