Analyst, Investment Operations - Jobs in Toronto, ON

Job Description

SCOPE OF POSITIONThe Investment Operations team is responsible for supporting the investment groups in transacting in global markets and jurisdictions and managing the middle office functions critical to the life cycle events of various investment products resident in the portfolio.The Analyst plays a key role in middle office workflows including analyzing derivative product requirements across various markets, on-boarding and managing counterparties, vendors and new products as well as life cycle events as it relates to alternative investments. Product life cycle events include contract settlements, income entitlement, credit events, valuation practices and fee and margin calculation requirements . Product types include exchange traded derivatives, OTC derivatives, and foreign exchange contracts, with additional exposure to external manager programs, funds and private loans.RESPONSIBILITIESThe Analyst will be assigned a combination of the below activities as required:Responsible for the book of record for alternative investment transactions to ensure trade settlement, cash entitlements and forecasting, asset exposure reporting, performance measurement, reconciliations and general ledger purposes are complete and accurateAccountable for accurate and timely confirmation and settlement of derivatives investment transactions by identifying and resolving discrepancies with the traders and brokers. Co-ordinate variation and initial margin movements and ensure timely and accurate settlementReview daily verifications between book of record and trading system for positions and transactions. Perform a variety of control checks between OMERS and counterparty records as it relates to holdings, transactions and valuations for ETD, OTC and CCP derivatives. Analyze and resolve all issues on a timely basisComplete all portfolio and market opening requests including external party on-boarding requirements. Oversee all the ongoing market maintenance requirements for the products invested inManage applicable trade activity to ensure adherence to regulatory requirements such as those stipulated by the ISDA/CSA agreementsPrepare management reports on subject matters relating to alternative investments including assets, income, cash flows, transaction costs and compliance monitoring. Highlight and explain any outliers and provide explanations as neededResponsible for daily, monthly and annual cycles including internal trading, reporting and accounting requirements, as well as industry market timelines associated with products and jurisdictionsIdentify, recommend and assist in implementing processes/controls/productivity improvements including automation of current processes. Responsible for developing documentation to support changes proposedMaintain up to date knowledge of OMERS policies regarding sub delegation of investment authority, signing authorities, valuations and third-party agreements (Trading Agreements, ISDA/CSA, Clearing Broker, and Fund Agreements) and apply to daily activities to ensure complianceEnhance and update existing desk documentation of policy and procedures as it relates to areas of responsibility. Assist in developing new documentation as requiredMaintain strong understanding of investment products and customer needs in order to respond quickly and accurately to questions and problems that ariseProvide inputs and information associated for audits and ensure completeness and accuracyFoster effective working relationships inclusive of the other teams within IO&A, the investment division, OMERS investment entities, counterparties, prime brokers, custodian and auditors as appropriateParticipate in special projects as requiredQUALIFICATIONSUniversity degree in finance or other applicable discipline. Working towards a professional designation including CFA, CGA and CMA. Relevant industry courses will be an assetMinimum 5 years of experience in investment operations with comprehensive operational knowledge of derivatives instruments and hedge fundsExcellent interpersonal and communication skills are essential to deal with all levels within the organization and external contacts. Ability to build strong relationships with both internal and external stakeholdersAbility to prioritize multiple responsibilities to meet deadlines. Needs to be flexibleDetail oriented and demonstrated aptitude for quantitative and qualitative analysis and problem solvingExposure to investment accounting, reporting and audit control practicesProficient in Excel and Word. Investment accounting systems experience is required. Exposure to Calypso, Charles River Development (CRD) and Bloomberg would be an assetSelf-starter able to work independently with minimal supervision. Keen to learn and continuously improve processes and reportsOur story:Founded in 1962, OMERS is one of Canada’s largest defined benefit pension plans, with $121 billion in net assets as at December 31, 2021. OMERS is a jointly-sponsored pension plan, with 1,000 participating employers ranging from large cities to local agencies, and over half a million active, deferred and retired members. OMERS members include union and non-union employees of municipalities, school boards, local boards, transit systems, electrical utilities, emergency services and children’s aid societies across Ontario. Contributions to the Plan are funded equally by members and employers. OMERS teams work in Toronto, London, New York, Amsterdam, Luxembourg, Singapore, Sydney and other major cities across North America and Europe – serving members and employers and originating and managing a diversified portfolio of high-quality investments in public markets, private equity, infrastructure and real estate.OMERS is committed to having a workforce that reflects the communities in which we live and work. We are an equal opportunity employer committed to a barrier-free recruitment and selection process. At OMERS inclusion and diversity means belonging. How we create a sense of belonging is through our employees and our vast network of Employee Resource Groups. Whether you are passionate about gender, pride, or visible minorities, we have groups that are focused on making a difference in all of our lives.Vaccination PolicyAt OMERS and Oxford the office or worksite is our primary place of work. We are committed to providing work environments which promote the health, safety and well-being of all employees in accordance with public health regulation and guidance. Accordingly, employees are required to provide evidence of full vaccination or have an approved exemption.Quick Apply

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