At IMCO, our talent is among the best! IMCO offers a uniquely stimulating and rewarding environment where you can help build and drive organizational transformation, all while seeking to challenge yourself, learn, and grow your career. We offer a culture of collaboration and passion, creating unwavering value for the clients we serve. Our vision is to be the partner of choice for Ontario’s public sector funds and build a high-performing, value-based Asset Management firm in the heart of downtown Toronto. If you are ready to drive best-in-class service, and join a collaborative, motivated, and fun team of professionals, we’re ready to offer you a great place to work with exciting opportunities for growth and development. If you want to use your expertise to drive strategic business outcomes, then we want you at IMCO! IMCO is looking for a highly motivated Senior Associate to join the Performance Measurement and Analytics team! The Senior Associate is a key member of the Investment Analytics team, tasked with managing complex investment performance and analytical reporting for multi-billion dollar clients. This involves performance calculations, analysis, exposure reporting, asset mix, responding to internal stakeholder requests, client requests, and investigating discrepancies. The Senior Associate ensures the availability and accuracy of performance data provided to various stakeholders in a timely manner. Working closely with Data Management & Investment Reporting, Investment Risk, Investment teams, Operations, external providers and IT, the Senior Associate provides and drives reporting solutions and establishes data integrity checks, performs reasonability checks, and ensures policies and procedures are followed. The position will take on training responsibilities of junior team members as needed by directing and mentoring team members in the execution of routine tasks, the production of a variety of reports, and the use of various systems. The role reports to the Senior Manager/Manager, Performance Measurement and Analytics. Areas of Responsibility: Producing, developing, and presenting investment-related reports and analysis across multiple disciplines to enhance the management and monitoring of investment performance of the plan. Conducting research and analysis on Investment performance with significant attention to detail. Assisting in evaluating proposed calculation methodologies and financial models for operational reasonableness. Developing regular and ad-hoc performance measurement and attribution models to support the investment decision making process, as well as the investment review process. Managing, monitoring, and evaluating performance, risk management and attribution at various portfolio levels in a timely manner. Establishing, maintaining and enhancing working relationships with key stakeholders. Providing analytical and value-add support to internal stakeholders to support investment decision making, as well as transform data into meaningful and actionable knowledge by analyzing reports and providing recommendations. Collaborating with front-office investment professionals to obtain and understand detailed reporting and information requirements. Collaborating with the Data Management team to support the development and enhancement of the reporting environment and processes to better facilitate and customize the delivery of information for IMCO's end-users, including the definition of data classifications required, as well as assisting in establishing the processes to translate the book-of-record into usable inputs for the requested reporting. Collaborating with the Client Relationship Management team to better facilitate and customize the delivery of information for clients. Proactively identifying opportunities for process improvement while simultaneously collaborating with co-workers to implement changes. Maintaining an up-to-date knowledge on investment market conditions and trends to support projects, as required. Providing appropriate and timely information, analysis and reporting for management, as well as the Board. Provide detailed training and coaching to new Associates such that they can work independently to provide timely and accurate reporting. Provide audit (secondary) reviews of Associate work to ensure accuracy. Support department lead with third-party governance initiatives as assigned. Participate as required in several strategic IMCO projects, working closely with department lead to: Communicate progress on assigned tasks effectively, escalate concerns and potential risks; and Provide thought leadership and subject matter expertise as required. Other duties as assigned. What do you need to succeed? 4 to 7 years of relevant experience in the financial services industry (preferably in asset management or capital markets) is required, including 3 years’ experience with performance measurement. Undergraduate degree in Finance, Business or a related field is required. A graduate degree (e.g., MBA, MFin) and/or a professional designation (e.g. CFA, FRM, CIPM) is preferred. Solid understanding of finance, portfolio management theory and broad range of asset classes, investment strategies, and investment vehicles including practical aspects such as market conventions, specific product knowledge, and best industry practices. Advanced quantitative, analytical, financial modelling skills with comprehensive financial analysis experience. Well-versed in performance measurement principles, methodologies and practices, with previous experience with P&L attribution and analysis considered an asset. Written communication skills required to report complex information (e.g. risk reports, compliance issues, performance attribution) in a clear, concise manner. Strong verbal communication and interpersonal skills required to exchange complex information and to present information, as well to build key working relationships; cultivate partnerships and work collaboratively in a team environment, and with internal and external resources. Proficient with MS Suite (Excel, Word, Access). Proficient with Power BI, SQL, VBA and Python. Knowledge of any other programming language is an asset. Experience with Eagle PACE and Bloomberg is desired. We thank all applicants, however, only those selected for an interview will be contacted. Our hybrid work model offers flexibility and provides our employees with the opportunity to lead a well-balanced life. Our Corporation’s offices located at 16 York Street, Suite 2400, Toronto, ON M5J 0E6 provide a welcoming space for employees to gather, work collaboratively, and grow together. IMCO is committed to providing accommodation for people with disabilities in its recruitment process. Please advise IMCO if you require an accommodation and we will work with you to meet your needs. Candidates being considered for this position will be required to submit to a background screening. The Investment Management Corporation of Ontario (IMCO) is Ontario’s professional asset manager, investing on behalf of our public sector clients so they can care for beneficiaries and secure retirement futures. With approximately $77 billion in assets under management, we are one of the largest institutional investment managers in Canada and around the globe. Our mandate is to provide broader public sector clients with exceptional investment management services, including best-in-class advice around portfolio construction, efficient access to a diverse range of asset classes and superior reporting on risks and returns. Our vision is to rank among the world’s leading public-sector asset managers. We will achieve this through an unwavering focus on creating client value. That means ensuring that we deliver the returns required for our clients to meet their long-term financial obligations.
