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! This is a 12 month contract with a possibility of extension. The Senior Associate, Middle Office Operations will be primarily responsible for providing end-to-end support to the private equity investment team, from ongoing daily operations of assets to periodic reporting to various stakeholders. The role will be dynamic where adaptability to new requests and requirements will be the key to success. Preparation and review of various internal and external reporting as well as various layers of analytics will also be a core function. The role reports to the Manager, Middle Office Operations. As a Member of Our Team, You Will be Responsible For: Provide analytical support to internal teams in the management of the private equity portfolio, including performance calculations, attribution/exposure analysis, monitoring of industry benchmarks and peer universes, and participating in the preparation of client/external presentations. Collaborate with the valuation and private equity teams quarterly to prepare valuation reports for direct and co-investments, including detailed commentary and valuation recommendations. Prepare quarterly performance reports to fulfill both internal and external reporting requirements. Collect, analyze, and interpret multiple datapoints (AUM, Invested Capital, IRR, TWRR) for reporting purposes. Contribute to annual emissions initiatives and perform ad-hoc/other duties as assigned. Support system implementation efforts by gathering business requirements and assisting with test case development and execution. Support cash forecast for investment capital activities to support liquidity management processes. Analyze fund fees and investment-related expenses, providing insights into trends and opportunities. Coordinate information flow from various parts of the organization to the investment team, looking for opportunities to improve the flow of information. Develop, enhance, and document operational workflows and procedures as needed. What you need to succeed: A university degree in Accounting, Business, or Finance. Relevant professional designation (CPA, CFA, CAIA) preferred. 5+ years of hands-on experience in private markets investments and operational environments, ideally within Middle Office, Valuations, Portfolio Analytics, Investment Finance, or Asset Management. Prior experience with portfolio reporting and strong analytical ability and problem-solving skills is required. Prior experience working with pension plans or other private equity investment management firms is highly advantageous. Strong knowledge of Private Market Investments and Private Market Valuations. Ability to consistently deliver quality outputs in a fast-paced environment, with an ability to work to tight deadlines and the capability to handle multiple projects and ad-hoc requests simultaneously. Excellent interpersonal skills, capable of collaborating effectively across all levels of the organization. Strong oral and written communication skills. Attention to detail and accuracy. Experience with system implementation is considered an asset. What IMCO can offer you: We thrive on the challenge to be our best, to deliver an unparalleled employee experience and to work as one team to continuously improve the management of broader public-sector investment funds. In addition to offering a competitive salary and comprehensive benefit package, we pride ourselves on helping you reach your potential, making a difference in our communities, and achieving success that is mutual. 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 $86 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.
