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, Public Securities 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
