Analyst - Fund Finance Operations

Validus Risk Management; Toronto; Hybrid; CAD 60,000 - 65,000; Full time

Benefits offered by this job

Hybrid working

Training & development allowance

Private health insurance

Travel insurance

Bonus program

Holiday entitlement (20 days, 25 with

Company-sponsored benefits

Job summary

Validus Risk Management Limited is seeking an Analyst to join its Fund Finance Operations team. You will gain hands-on experience with subscription lines, NAV facilities, and other fund-level financing structures in a role that sits at the intersection of capital markets and private funds.

Open to recent graduates or early-career professionals aiming to build expertise in fund finance, private credit, and capital markets operations, with a hybrid work pattern and comprehensive training.

Qualifications

• Bachelor’s degree in Finance, Economics, Mathematics, Accounting or related field.
• Up to two years’ experience in financial services is advantageous but not required.
• Strong numerical and analytical ability with attention to controls.
• Good Excel skills including financial calculations and data analysis.
• Familiarity with AI tools and how to streamline processes is a plus.

Responsibilities

• Support day-to-day operational management of subscription line and NAV facilities.
• Monitor facility utilization and borrowing base availability.
• Assist with drawdowns, repayments, rollovers, interest and fee calculations, and settlement instructions.
• Reconcile facility balances against internal systems and lender statements.
• Support treasury activities linked to fund-level financing.

Skills

Numerical ability

Analytical thinking

Excel skills

Reading financial statements

AI tools familiarity

Education

Bachelor’s degree in Finance

Tools

Excel

Job description

Validus Risk Management is looking for an Analyst to join its Fund Finance Operations team.The team was established a year ago and is now in a phase of build and growth.The team supports the management and administration of fund finance facilities for private capital clients.

You will get hands-on experience with subscription lines, NAV facilities and other fund-level financing structures. These facilities support private equity, private credit and alternative investment strategies. The role sits where capital markets, private funds and credit infrastructure meet. You will learn facility mechanics, lender coordination, borrowing base reporting and day-to-day operational oversight.

The role suits a recent graduate or an early-career professional who wants to build a career in fund finance, private credit or capital markets operations.

Facility Operations & Cash Management

• Support the day-to-day operational management of subscription line and NAV facilities.
• Monitor facility utilisation and borrowing base availability.
• Assist with drawdowns, repayments, rollovers, interest and fee calculations, and settlement instructions.
• Reconcile facility balances against internal systems and lender statements.
• Support treasury activities linked to fund-level financing.

Borrowing Base & Covenant Oversight

• Help prepare and review borrowing base certificates.
• Track financial covenants and eligibility criteria under facility agreements.
• Escalate breaches or discrepancies promptly and in a structured way.
• Support periodic lender reporting.

Lender & Counterparty Coordination

• Work with fund managers, lenders, administrators and internal teams.
• Support documentation tracking and facility amendments.
• Keep clear records and audit trails of facility activity, communications and approvals.

Controls, Reporting & Process Improvement

• Keep facility data accurate across the relevant systems.
• Carry out reconciliations and control checks to reduce operational risk.
• Help make reporting more efficient and automate processes.
• Help document procedures and strengthen operational controls.

What We’re Looking For

Education

• A bachelor’s degree in Finance, Economics, Mathematics, Accounting or a related subject.

Experience

• Up to two years’ experience in financial services (e.g. fund administration, banking operations, loan agency, fund accounting or audit) is advantageous but not required. Recent graduates are encouraged to apply.

Technical & Analytical Skills

• Strong numerical and analytical ability.
• High attention to detail and awareness of controls.
• Good Excel skills, including financial calculations and data analysis.
• Ability to read financial statements and credit agreements (an advantage).
• Familiarity with AI tools, with ideas on how to use them to streamline business processes (an advantage).

Behaviours

• Organised and process-driven.
• Communicates clearly and is comfortable dealing with lenders and internal stakeholders.
• Prioritises well when working to deadlines.
• Curious and motivated to build expertise in fund finance.
• Positive and proactive, and takes ownership of their work.

What We Offer

• The chance to join a growing team early and help shape its processes, controls and tools.
• Comprehensive training to build your knowledge of fund finance and facility operations.
• Hands-on exposure to a growing area of private markets from day one.
• Hybrid working: three days in the office and two from home. For the first few weeks you will be in the office full time for training.

• Validus assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $60,000 and $65,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualised basis, including as to experience and market location, and is only part of the Validus total compensation package, which, depending on the position, may also include, generous bonus, and Company-sponsored benefit programs.
• Performance bonus linked to agreed success criteria - paid semi annually
• 20 days’ holiday (increasing to 25 with tenure) plus bank holidays
• Private health insurance (including dental, optical and mental health)
• Travel insurance
• Learning & development allowance and support for professional qualifications
• No AI is used to screen, assess or select applicants