Senior Analyst, Operational Due Diligence

THE ROLE

This an excellent opportunity to join a highly motivated team, responsible for assessing the operational capabilities and infrastructure of UPP’s investment partners.

Reporting to the Manager, Operational Due Diligence, the Senior Analyst, Operational Due Diligence will work closely with both Public and Private Markets Investment teams, Responsible Investing (RI), Compliance and other business partners to perform initial and on-going non-investment operational risk assessments of external managers.  The Senior Analyst will contribute to the team by participating in operational due diligence reviews, preparing assessments for review by the Manager ODD, and sharing findings and recommendations with internal stakeholders.

This dynamic role will provide opportunities to engage with senior leaders on operational risk and controls discussions, investment strategies, compliance program, quality of personnel and provide exposure and insight into a variety of asset classes, fund strategies and operating models. This is an exceptional opportunity to join a team of high performing professionals and make an impact!

The role is based in downtown Toronto with Work-From-Home flexibility. UPP currently requires 2 days in the office.

KEY RESPONSIBILITIES:

• Analyze key offering documents, DDQs, audited financial information and investment manager policies and identify areas for further investigation and discussion with the fund manager.
• Schedule ongoing operational due diligence (ODD) review meetings of existing fund managers including hedge, public market and private fund managers.
• Engage with fund managers on ODD related topics. Prepare detailed agenda topics and discussion points for operational due diligence meetings with fund managers.
• Attend operational due diligence review meetings and contribute with operational questions. Document meetings in a clear and concise manner.
• Engage with operational due diligence consultants for new investment reviews and analyze manager assessment reports provided by them to form an operational risk rating opinion
• Identify and assess observed deficiencies / areas of concern, as a result of discussions with the fund manager and document as part of the risk rating report.
• Detail appropriate recommendations for the fund manager as part of risk rating report, to be approved by the Manager, ODD, and present to internal teams and executive leaders.
• Stay current on industry standards and help to facilitate knowledge transfer within the ODD group and the organization.
• Conduct research through ongoing media monitoring on fund managers, assessing potential reputational and investment risk to UPP.
• Establish and maintain effective and collegial working relationships with internal stakeholders and external fund managers.
• Be willing and able to undertake travel, for onsite ODD visits subject to current COVID-restrictions.